NOT LISTED FOR SALE

7742 S Colfax Ave Unit 4 Chicago, IL 60649

South Shore Neighborhood

Estimated Value: $72,000 - $169,000

2 Beds
2 Baths
1,000 Sq Ft
3,746 Sq Ft Lot

Highlights

  • Wood Flooring
  • Den
  • Combination Dining and Living Room
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of September 2018

Recently updated, this huge condo-quality apartment features two bedrooms and two bathrooms plus a sunroom or den. The entire unit has been recently rehabbed with new hardwood floors, a modern kitchen with new appliances and granite counters and in-unit laundry. This spacious top floor apartment is close to CTA, the Metra and the Lake. Owner accepts CHA tenants. * Please note, photos may be of a similar unit in the building

Last Agent to Rent the Property

Michael Mintz

Millennium Properties RE, Inc. Listed on: 07/10/2018

Last Renter's Agent

Michael Mintz

Millennium Properties RE, Inc. Listed on: 07/10/2018

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $529

Year Built

  • Built in 1923 | Remodeled in 2017

Lot Details

  • 3,746

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 4-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Den
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Listing and Financial Details

  • Security Deposit $1,200
  • Property Available on 7/15/18
  • Rent includes water, scavenger, exterior maintenance, lawn care, snow removal
  • 12 Month Lease Term

Community Details

Overview

  • 4 Units
  • Low-Rise Condominium

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$529

Year Built

Built in 1923 | Remodeled in 2017

Lot Details

0

Rental Info

  • Available Date: 2018-07-15
  • Lease Term: 12 Months
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1200
  • Security Deposit: 1200

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo,Flat,Low Rise (1-3 Stories)
  • Property Sub-Type: Attached
  • Year Built: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 4
  • Rehab Year: 2017
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Renovated: 2017

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 1000
  • Room Type: Den
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 1200
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Rent Includes: Water, Scavenger, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2021
Sold by
Jones William E
Bought by
Harris Tyrone P
Current Estimated Value
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,581
Outstanding Balance
$457,800
Interest Rate
2.44%
Mortgage Type
FHA
Estimated Equity
-$337,800

Purchase Details

Closed on
Jul 13, 2019
Sold by
Oliver Property Management Llc
Bought by
Jones William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,800
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2018
Sold by
Res Il Dmh Llc
Bought by
Oliver Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 2017
Sold by
Howard Diane M
Bought by
Res Il Dmh Llc
Source: Public Records

Range of Values:

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Average Value
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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
Harris Tyrone P $520,000 Chicago Title
Jones William E $291,000 Ata National Title Group Llc
Oliver Property Management Llc $225,000 Attorney
Res Il Dmh Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Tyrone P $510,581
Previous Owner Jones William E $232,800
Previous Owner Oliver Property Management Llc $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2023 08/02/23 Rented $1,050 0.0% --
12/26/2018 12/26/18 Off Market $1,050 -- --
09/27/2018 09/27/18 Rented $1,050 -12.5% --
08/09/2018 08/09/18 Under Contract -- -- --
07/10/2018 07/10/18 For Rent $1,200 -- --
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 $529 $14,560 $783 $13,777
2023 $514 $2,500 $1,250 $1,250
2022 $514 $2,500 $1,250 $1,250
2021 $503 $2,499 $1,250 $1,249
2020 $2,642 $11,860 $939 $10,921
2019 $2,637 $13,126 $939 $12,187
2018 $2,593 $13,126 $939 $12,187
2017 $1,927 $8,950 $834 $8,116
2016 $1,793 $8,950 $834 $8,116
2015 $2,050 $11,188 $834 $10,354
2014 $1,695 $9,136 $704 $8,432
2013 $1,662 $9,136 $704 $8,432
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2018

    Michael Mintz

    Millennium Properties RE, Inc.

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10012980

Midwest Real Estate Data (MRED)

APN: 21-30-321-037-1004

Illinois Cook County Chicago 60649 South Shore

7742 S Colfax Ave Unit 4, Chicago, IL

This home is located at 7742 S Colfax Ave Unit 4, Chicago, IL 60649 since 10 July 2018 and is currently priced at $120,000. This property was built in 1923. 7742 S Colfax Ave Unit 4 is a home located in Cook County with nearby schools including Bradwell Community Arts & Sci Elementary School and Great Lakes Academy.

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