7734 S Ada St Chicago, IL 60620
Auburn Gresham Neighborhood
4
Beds
2
Baths
2,454
Sq Ft
8,886
Sq Ft Lot
About This Home
As of September 2023Situated in the heart of Auburn Gresham this jumbo all brick two story home provides a perfect canvas for the developer/investor looking for a value add opportunity in this hot market! The home is on a wide 50 foot lot, features two stories, all brick exterior with over 2K sq feet above grade. The property has had construction started but never finishes, there is plumbing laid out for three bathrooms, framing is done in majority of the home, basement has been studded out as well! Large octagon living room, formal dining room and half bath all are roughed out on the main level, the lot is deep and offers room for a garage, this is a true value add asset which will not be around long! The location is hard to overlook, within walking distance of two parks, close to Dan Ryan, close to 79th and Ashland, this home is a must see!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,082
Year Built
- Built in 1924
Lot Details
- Lot Dimensions are 50x177
Parking
- 2 Car Detached Garage
- Parking Included in Price
Home Design
- Asphalt Roof
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- No Heating
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2023
Closed on
Aug 8, 2023
Sold by
Dunn Real Estate Investments L Le
Bought by
Mckinney Brenda
Seller's Agent
Octavia Adeniyi
Baird & Warner
Buyer's Agent
Barbara Bracy
Baird & Warner
List Price
$319,000
Sold Price
$311,000
Premium/Discount to List
-$8,000
-2.51%
Total Days on Market
35
Views
86
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
-$11,384
Avg. Annual Appreciation
-2.20%
Original Mortgage
$253,154
Interest Rate
7.09%
Mortgage Type
FHA
Purchase Details
Listed on
Jul 15, 2021
Closed on
Sep 16, 2021
Sold by
U S Bank National Association
Bought by
Dunn Real Estate Investments Llc
Seller's Agent
Ryan Smith
RE/MAX Premier
Buyer's Agent
Michael Havey
RE/MAX Premier
Sold Price
$92,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.42%
Original Mortgage
$189,000
Interest Rate
7.99%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jun 2, 2021
Sold by
Mason Andrew
Bought by
U S Bank National Association and Angel Oak Mortgage Trust I Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
3.1%
Mortgage Type
Land Contract Argmt. Of Sale
Purchase Details
Closed on
Apr 13, 2021
Sold by
Mason Andrew
Bought by
U S Bank National Association and Angel Oak Mortgage Trust I Llc 2018 Pbi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
3.1%
Mortgage Type
Land Contract Argmt. Of Sale
Purchase Details
Listed on
Apr 6, 2018
Closed on
May 7, 2018
Sold by
Lkj Investments Inc
Bought by
Muirhead Development Company Llc
Seller's Agent
Colleen Burke
@properties Christie's International Real Estate
Buyer's Agent
Sharita Aye-Adams
Tower Realty Chicago
List Price
$57,500
Sold Price
$57,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.30%
Original Mortgage
$132,912
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Sep 1, 2016
Closed on
Jan 13, 2017
Sold by
Deutsche Bank Trust Company Americas
Bought by
Lkj Investments Inc
Seller's Agent
Paul Rakowski
Owners.com
Buyer's Agent
Colleen Burke
@properties Christie's International Real Estate
List Price
$58,200
Sold Price
$31,649
Premium/Discount to List
-$26,551
-45.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.23%
Purchase Details
Closed on
Jun 15, 2016
Sold by
Spellers Sherry and Johnson Sherry
Bought by
Deutsche Bank Trust Co
Purchase Details
Closed on
Jun 30, 2006
Sold by
Purnell Jessie M
Bought by
Johnson Sherry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 31, 2004
Sold by
Knox Tawane
Bought by
Purnell Jessie M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 29, 1998
Sold by
Hud
Bought by
Pearson Gary
Purchase Details
Closed on
Aug 5, 1998
Sold by
Williams Gloria
Bought by
Bramwell Dawn
Purchase Details
Closed on
Mar 18, 1909
Sold by
Pearson Gary
Bought by
Knox Tawane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,900
Interest Rate
6.94%
Similar Homes in Chicago, IL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $311,000 | First American Title | |
| Special Warranty Deed | $92,000 | Title365 | |
| Foreclosure Deed | -- | None Available | |
| Contract Of Sale | -- | None Available | |
| Warranty Deed | $57,500 | Citywide Title Corporation | |
| Special Warranty Deed | $32,000 | Attorney | |
| Sheriffs Deed | -- | None Available | |
| Warranty Deed | $150,000 | Ttc | |
| Warranty Deed | $155,000 | Chicago Title Insurance Comp | |
| Warranty Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $81,000 | Oconnor Title Services Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $72,524 | FHA | |
| Previous Owner | $253,154 | FHA | |
| Previous Owner | $189,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $99,000 | Land Contract Argmt. Of Sale | |
| Previous Owner | $132,912 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $5,333 | Unknown | |
| Previous Owner | $120,000 | Purchase Money Mortgage | |
| Previous Owner | $30,000 | Stand Alone Second | |
| Previous Owner | $155,000 | Purchase Money Mortgage | |
| Previous Owner | $91,800 | Unknown | |
| Previous Owner | $72,900 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2023 09/27/23 | Sold | $311,000 | -2.5% | $127 / Sq Ft |
| 09/08/2023 09/08/23 | For Sale | $319,000 | 0.0% | $130 / Sq Ft |
| 07/14/2023 07/14/23 | Pending | -- | -- | -- |
| 07/13/2023 07/13/23 | Pending | -- | -- | -- |
| 06/21/2023 06/21/23 | For Sale | $319,000 | 0.0% | $130 / Sq Ft |
| 05/22/2023 05/22/23 | Pending | -- | -- | -- |
| 05/15/2023 05/15/23 | Price Changed | $319,000 | -8.6% | $130 / Sq Ft |
| 05/05/2023 05/05/23 | For Sale | $349,000 | +279.3% | $142 / Sq Ft |
| 09/29/2021 09/29/21 | Sold | $92,000 | +15.1% | $37 / Sq Ft |
| 08/20/2021 08/20/21 | Pending | -- | -- | -- |
| 08/02/2021 08/02/21 | For Sale | -- | -- | -- |
| 07/27/2021 07/27/21 | Pending | -- | -- | -- |
| 07/15/2021 07/15/21 | For Sale | $79,900 | +39.0% | $33 / Sq Ft |
| 05/11/2018 05/11/18 | Sold | $57,500 | 0.0% | $23 / Sq Ft |
| 04/11/2018 04/11/18 | Pending | -- | -- | -- |
| 04/06/2018 04/06/18 | For Sale | $57,500 | +81.7% | $23 / Sq Ft |
| 02/07/2017 02/07/17 | Sold | $31,649 | -25.4% | $13 / Sq Ft |
| 01/05/2017 01/05/17 | Price Changed | $42,400 | +34.0% | $17 / Sq Ft |
| 01/04/2017 01/04/17 | Pending | -- | -- | -- |
| 12/20/2016 12/20/16 | Off Market | $31,649 | -- | -- |
| 11/17/2016 11/17/16 | Price Changed | $42,400 | +34.0% | $17 / Sq Ft |
| 11/16/2016 11/16/16 | Pending | -- | -- | -- |
| 09/01/2016 09/01/16 | Off Market | $31,649 | -- | -- |
| 09/01/2016 09/01/16 | For Sale | $58,200 | -- | $24 / 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 | $2,262 | $25,000 | $4,450 | $20,550 |
| 2023 | $2,262 | $11,000 | $5,750 | $5,250 |
| 2022 | $2,262 | $11,000 | $5,750 | $5,250 |
| 2021 | $2,212 | $10,999 | $5,749 | $5,250 |
| 2020 | $3,819 | $17,144 | $5,785 | $11,359 |
| 2019 | $3,785 | $18,840 | $5,785 | $13,055 |
| 2018 | $3,722 | $18,840 | $5,785 | $13,055 |
| 2017 | $4,015 | $18,653 | $5,340 | $13,313 |
| 2016 | $3,736 | $18,653 | $5,340 | $13,313 |
| 2015 | $3,418 | $18,653 | $5,340 | $13,313 |
| 2014 | $2,676 | $16,993 | $4,895 | $12,098 |
| 2013 | $2,612 | $16,993 | $4,895 | $12,098 |
Source: Public Records
Agents Affiliated with this Home
-
Octavia Adeniyi
Seller's Agent in 2023
Octavia Adeniyi
Baird Warner
(312) 753-7137
3 in this area
23 Total Sales
-
Barbara Bracy
Buyer's Agent in 2023
Barbara Bracy
Baird Warner
(773) 844-5892
1 in this area
18 Total Sales
-
Ryan Smith
Seller's Agent in 2021
Ryan Smith
RE/MAX Premier
(312) 810-9680
26 in this area
834 Total Sales
-
Michael Havey
Buyer's Agent in 2021
Michael Havey
RE/MAX Premier
(708) 670-2268
7 in this area
188 Total Sales
-
Seller's Agent in 2018
Colleen Burke
@ Properties
(773) 552-7900
-
Sharita Aye-Adams
Buyer's Agent in 2018
Sharita Aye-Adams
Tower Realty Chicago
(312) 342-2966
30 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11156645
APN: 20-29-314-024-0000
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