NOT LISTED FOR SALE

7937 S Michigan Ave Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $142,000 - $582,075

4 Beds
1 Bath
1,012 Sq Ft
$287/Sq Ft Est. Value

About This Home

This home is located at 7937 S Michigan Ave, Chicago, IL 60619 and is currently estimated at $290,519, approximately $287 per square foot. 7937 S Michigan Ave is a home located in Cook County with nearby schools including Ruggles Elementary School and Rescue Missionary Christian School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2008
Sold by
Nicholson Dave
Bought by
Francis Delores
Current Estimated Value
$290,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Outstanding Balance
$211,570
Interest Rate
3.31%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$78,949

Purchase Details

Closed on
Nov 30, 1994
Sold by
Parker Michael C
Bought by
Francis Delores and Nicholson Dave

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,376
Interest Rate
8.91%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 1993
Sold by
Lasalle National Trust Na
Bought by
Parker Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
7.02%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Francis Delores -- None Available
Francis Delores $142,500 1St American Title
Parker Michael C $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis Delores $397,500
Previous Owner Francis Delores $94,376
Previous Owner Parker Michael C $73,500
Source: Public Records

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 $1,484 $12,600 $3,600 $9,000
2023 $1,408 $13,000 $4,800 $8,200
2022 $1,408 $13,000 $4,800 $8,200
2021 $958 $13,000 $4,800 $8,200
2020 $989 $11,345 $3,840 $7,505
2019 $986 $12,467 $3,840 $8,627
2018 $971 $12,467 $3,840 $8,627
2017 $1,040 $12,979 $3,360 $9,619
2016 $1,451 $12,979 $3,360 $9,619
2015 $1,395 $12,979 $3,360 $9,619
2014 $1,383 $12,137 $2,880 $9,257
2013 $1,388 $12,137 $2,880 $9,257
Source: Public Records

Map

Illinois Cook County Chicago 60619 Chatham

7937 S Michigan Ave, Chicago, IL

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