$163,500
SOLD APR 26, 2024

7940 W 71st St Bridgeview, IL 60455

3 Beds
1 Bath
1,021 Sq Ft
10,193 Sq Ft Lot

Recently Sold

$160 Per Sq Ft

18% Below List Price

41 Days on Market

Highlights

  • 1 Car Attached Garage
  • Argo Community High School Rated A-
  • 1-Story Property

About This Home

As of April 2024

Charming Ranch-Style Home with Endless Potential Nestled in a prime location, this ranch-style gem awaits your creative touch. While it needs a complete overhaul, the location couldn't be better. Large windows allow abundant natural light to flood the interior. The home retains its original charm, waiting for your vision to breathe new life into it. The fully fenced in backyard is a blank canvas for landscaping or outdoor entertaining. Whether you're a seasoned renovator or a first-time buyer, this property presents an exciting investment opportunity. Imagine transforming this diamond in the rough into a modern oasis. With some work, it could become the envy of the neighborhood. Don't miss out-schedule a viewing today! Sold As-Is and priced accordingly to reflect necessary upgrades that this home requires.

Last Agent to Sell the Property

Vitali Kniazkov

Coldwell Banker Realty License #475164925 Listed on: 02/08/2024

Coldwell Banker Realty

Last Buyer's Agent

Jose Cortez

Golden Enterprise Realty Inc License #471013872

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,184

Year Built

  • Built in 1953

Lot Details

  • 10,193 Sq Ft Lot
  • Lot Dimensions are 100x101.06x100x101.06

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,021 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Argo Community High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,184

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1953
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1021
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 190000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Argo Community High School
  • Middle/Junior School District: 104

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.234
  • Lot Dimensions: 100X101.06X100X101.06
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3184
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2024
Sold by
Cortez Jose and Cortez Hilda
Bought by
Lopez Vanessa
Total Days on Market
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Outstanding Balance
$144,800
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
$185,368

Purchase Details

Listed on
Feb 8, 2024
Closed on
Apr 12, 2024
Sold by
Khan Anita Tariq
Bought by
Cortez Jose and Cortez Hilda
Seller's Agent
Vitali Kniazkov
Coldwell Banker Realty
Buyer's Agent
Jose Cortez
Golden Enterprise Realty Inc
List Price
$200,000
Sold Price
$163,500
Premium/Discount to List
-$36,500
-18.25%
Views
438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.24%

Purchase Details

Closed on
Apr 16, 2021
Sold by
Sarwar Saleem
Bought by
Khan Anita Tariq

Purchase Details

Closed on
Nov 27, 2007
Sold by
Obrachta Jozefa
Bought by
Sarwar Saleem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,500
Interest Rate
6.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 17, 2005
Sold by
Hermata Jan
Bought by
Obrochta Jozefa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,200
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 11, 2005
Sold by
Svidron Lorraine
Bought by
Obrochta Jozefa and Harmata Jan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,200
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $185,000 Old Republic Title
Warranty Deed $163,500 Altima Title
Warranty Deed $92,000 Chicago Title
Warranty Deed $190,500 Attorneys Title Guaranty Fun
Quit Claim Deed -- --
Warranty Deed $158,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,600 New Conventional
Previous Owner $190,500 Unknown
Previous Owner $161,500 Unknown
Previous Owner $142,200 Fannie Mae Freddie Mac
Previous Owner $30,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Price Changed $344,999 0.0% $338 / Sq Ft
03/21/2025 03/21/25 Price Changed $345,000 -1.4% $338 / Sq Ft
02/15/2025 02/15/25 For Sale $349,900 +114.0% $343 / Sq Ft
04/26/2024 04/26/24 Sold $163,500 -13.9% $160 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/04/2024 03/04/24 Price Changed $190,000 -5.0% $186 / Sq Ft
02/08/2024 02/08/24 For Sale $200,000 -- $196 / 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 $6,446 $16,990 $4,590 $12,400
2023 $7,558 $16,990 $4,590 $12,400
2022 $7,558 $16,615 $4,080 $12,535
2021 $5,790 $16,614 $4,080 $12,534
2020 $5,939 $16,614 $4,080 $12,534
2019 $4,911 $13,579 $3,825 $9,754
2018 $4,719 $13,579 $3,825 $9,754
2017 $4,661 $13,579 $3,825 $9,754
2016 $4,087 $10,974 $3,315 $7,659
2015 $3,805 $10,974 $3,315 $7,659
2014 $3,741 $10,974 $3,315 $7,659
2013 $4,042 $12,943 $3,315 $9,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11977377

Midwest Real Estate Data (MRED)

APN: 18-24-305-010-0000