NOT LISTED FOR SALE

7720 S Jeffery Blvd Unit 2S Chicago, IL 60649

South Shore Neighborhood

Estimated Value: $91,000 - $194,000

3 Beds
2 Baths
1,200 Sq Ft
$300/mo HOA Fee

Last Sold January 03, 2020

Last sale price $39,000 $32 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $1,050/month

6 Days on Market

About This Home

As of January 2020

Corporate owned single family residence "AS IS" without repair or warranty. Buyer responsible for research and correction of any CITY Building Code Violations, if any. If interested, please follow the below remarks: * CASH ONLY - PROOF OF FUNDS TO ACQUIRE IN CASH AND PROOF FUNDS TO FINANCE REHAB OF THE PROPERTY REQUIRED - Proof of funds required for access and for offers to be considered * EXPERIENCED & QUALIFIED DEVELOPERS ONLY. Vintage home ready for rehab & priced to move. NO wholesale or reselling before rehab is complete. Seller does not collect earnest money, but prefers accelerated closing dates and does not provide surveys. Property will be transferred via Quit Claim Deed and owners' policy will be provided to insure the transaction. Buyer responsible for title escrow fees at pre-negotiated amount.

Last Agent to Sell the Property

Andre Collins

Andre Collins License #471017754 Listed on: 12/05/2019

Last Buyer's Agent

Toccara Hill

Kale Realty License #475121644

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $423

Lot Details

  • 7,579

HOA Fees

  • $300 per month

Home Design

  • Brick Exterior Construction

Parking

  • Parking Available
  • Parking Included in Price

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Property Details

Home Type

Condominium

Est. Annual Taxes

$423

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 2
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: U
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Number Of Rooms: 3
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 10X10, On Level: Main Level
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level
  • Estimated Sq Ft: 1200

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Assessment Includes: Water, Parking, Snow Removal
  • Assessment Association Fees: 300

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 60 X 126
  • Parcel Identification Number: 20253230371007

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 3

Tax Info

  • Taxes: 1320.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2019
Closed on
Dec 19, 2019
Sold by
Community Initiatives Inc
Bought by
Square 1 Chicago Investments Llc
Seller's Agent
Andre Collins
Andre Collins
Buyer's Agent
Toccara Hill
Kale Realty
List Price
$36,000
Sold Price
$39,000
Premium/Discount to List
$3,000
8.33%
Current Estimated Value
$134,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,241
Avg. Annual Appreciation
23.94%

Purchase Details

Closed on
Oct 14, 2019
Sold by
Fannie Mae
Bought by
Community Initiatives Inc

Purchase Details

Closed on
Jun 12, 2019
Sold by
Ranson Adolph R
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Apr 7, 2005
Sold by
Pancerz Grzegorz
Bought by
Ranson Adolph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,075
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 19, 2004
Sold by
Household Financial Services Inc
Bought by
Pancerz Grzegorz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,900
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2004
Sold by
Banks Rochelle and Mortgage Electronic Registrati
Bought by
Household Financial Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,900
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 1998
Sold by
First National Bank Of Blue Island
Bought by
Banks Rochelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,020
Interest Rate
6.88%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Square 1 Chicago Investments Llc $39,000 First American Title
Community Initiatives Inc $36,000 First American Title
Federal National Mortgage Association -- None Available
Ranson Adolph R $128,500 Pntn
Pancerz Grzegorz $82,000 First American
Household Financial Services Inc -- Chicago Title Insurance Comp
Banks Rochelle $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ranson Adolph R $122,075
Previous Owner Pancerz Grzegorz $77,900
Previous Owner Banks Rochelle $86,020
Closed Banks Rochelle $10,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2020 01/03/20 Sold $39,000 +8.3% $33 / Sq Ft
12/11/2019 12/11/19 Pending -- -- --
12/05/2019 12/05/19 For Sale $36,000 -- $30 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $423 $5,809 $754 $5,055
2023 $411 $2,000 $1,000 $1,000
2022 $411 $2,000 $1,000 $1,000
2021 $402 $1,998 $999 $999
2020 $2,081 $9,340 $904 $8,436
2019 $1,388 $10,338 $904 $9,434
2018 $1,364 $10,338 $904 $9,434
2017 $1,321 $9,511 $803 $8,708
2016 $1,405 $9,511 $803 $8,708
2015 $1,262 $9,511 $803 $8,708
2014 $1,158 $8,809 $678 $8,131
2013 $1,124 $8,809 $678 $8,131
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10587336

Midwest Real Estate Data (MRED)

APN: 20-25-323-037-1007