Seller's Agent in 2023
Oscar Darden
DEI Realty LLC
(312) 815-2751
5 in this area
410 Total Sales
7628 S Essex Ave Unit 3N Chicago, IL 60649
South Shore NeighborhoodEstimated Value: $91,000 - $141,000
3
Beds
1
Bath
1,200
Sq Ft
7,449
Sq Ft Lot
Highlights
- 1 Car Detached Garage
- Central Air
- Dogs and Cats Allowed
About This Home
As of December 2023Discover this well-maintained condo in the South Shore neighborhood, boasting a convenient no-HOA arrangement. This investment gem features a newer furnace and underwent a full renovation in 2003, offering a blend of modern comfort and historic charm. With rental rates as high as $1600 in the area, this property presents an attractive income potential. Plus, it includes a detached garage spot for secure parking and storage. Don't miss your chance to own a piece of South Shore - schedule a showing today and seize this fantastic opportunity!
Last Agent to Sell the Property
DEI Realty LLC License #475200783 Listed on: 11/02/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $336
Year Built
- Built in 1919
Lot Details
- 7,449
Parking
- 1 Car Detached Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,200 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 1 Full Bathroom
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- 6 Units
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 2, 2023
Closed on
Dec 14, 2023
Sold by
Geraci Melody
Bought by
Cerda Luis Manuel Medin
Seller's Agent
Oscar Darden
DEI Realty LLC
Buyer's Agent
Aaron Taylor
Compass
List Price
$109,000
Sold Price
$65,000
Premium/Discount to List
-$44,000
-40.37%
Views
92
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,826
Avg. Annual Appreciation
34.51%
Purchase Details
Closed on
Dec 15, 2003
Sold by
Renaissance Developers Of Illinois Inc
Bought by
Geraci Melody and Sheridan Sharon A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,100
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cerda Luis Manuel Medin | $40,000 | Fidelity National Title | |
| Cerda Luis Manuel Medin | $40,000 | Fidelity National Title | |
| Geraci Melody | $138,000 | Cti |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Geraci Melody | $124,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/18/2023 12/18/23 | Sold | $65,000 | -13.3% | $54 / Sq Ft |
| 12/06/2023 12/06/23 | Pending | -- | -- | -- |
| 11/21/2023 11/21/23 | Price Changed | $75,000 | -31.2% | $63 / Sq Ft |
| 11/02/2023 11/02/23 | For Sale | $109,000 | -- | $91 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $356 | $7,201 | $930 | $6,271 |
| 2023 | $325 | $5,000 | $1,550 | $3,450 |
| 2022 | $325 | $5,000 | $1,550 | $3,450 |
| 2021 | $336 | $4,999 | $1,549 | $3,450 |
| 2020 | $2,026 | $12,195 | $1,115 | $11,080 |
| 2019 | $2,023 | $13,497 | $1,115 | $12,382 |
| 2018 | $1,987 | $13,497 | $1,115 | $12,382 |
| 2017 | $1,918 | $12,283 | $991 | $11,292 |
| 2016 | $1,960 | $12,283 | $991 | $11,292 |
| 2015 | $1,770 | $12,283 | $991 | $11,292 |
| 2014 | $749 | $6,606 | $836 | $5,770 |
| 2013 | $723 | $6,606 | $836 | $5,770 |
Source: Public Records
Agents Affiliated with this Home
-
Oscar Darden
-
Aaron Taylor
Buyer's Agent in 2023
Aaron Taylor
Compass
(773) 983-1676
2 in this area
37 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11922037
APN: 21-30-308-026-1005
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