NOT LISTED FOR SALE

7949 S Michigan Ave Chicago, IL 60619

Chatham Neighborhood

Estimated Value: $191,000 - $273,000

2 Beds
1 Bath
1,480 Sq Ft
$157/Sq Ft Est. Value

Last Sold November 07, 2016

Last sale price $125,000 $84 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,412/month

6 Days on Market

Highlights

  • Georgian Architecture
  • Property is near a bus stop
  • Senior Tax Exemptions
  • Breakfast Bar
  • Central Air
  • East or West Exposure

About This Home

As of November 2016

Spacious Georgian just blocks away from the expressway and public transportation. has a great yard and it is located on a wonderful block with long time neighbors. Close to shopping in the highly sought after Chatham Community. Solid neighborhood elementary schools and selective enrollment schools within walking distance from this home. Natural wood floors throughout, partially furnished, ADT burglar alarm, central air, full basement with storage, impressive well-maintained exterior. Ability to expand current footprint. Strong block club. ABSOLUTELY NOTHING TO DO BUT MOVE IN, RELAX & PLAN FOR THE HOLIDAYS.

Last Agent to Sell the Property

Spero Speropoulos

Baird & Warner License #475131470 Listed on: 08/31/2016

Baird & Warner

Last Buyer's Agent

Herbert Gonzalez

Mark Allen Realty ERA Powered License #471016153

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,254

Year Built

  • 1938

Lot Details

  • 4,792

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Utilities

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

Additional Features

  • Breakfast Bar
  • Basement Fills Entire Space Under The House
  • East or West Exposure
  • Property is near a bus stop

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions
  • $3,450 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,254

Year Built

1938

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Georgian
  • Type Detached: 2 Stories
  • Estimated Year Built: 1938
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1938

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 20X14, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 29X22, On Level: Basement, Flooring: Other
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X9, On Level: Main Level, Flooring: Porcelain Tile
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X14, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 14X13, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1480
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: W (West)
  • Acreage: 0.1102

Utilities

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

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 30X160
  • Parcel Identification Number: 20341020390000

Tax Info

  • Taxes: 326.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2016
Closed on
Nov 1, 2016
Sold by
Chicago Title Land Trust Co
Bought by
Robinson Kimberly L
Seller's Agent
Spero Speropoulos
Baird & Warner
Buyer's Agent
Herbert Gonzalez
Mark Allen Realty ERA Powered
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$232,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,778
Avg. Annual Appreciation
7.18%
Original Mortgage
$114,000
Outstanding Balance
$93,486
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$139,292
Source: Public Records

Range of Values:

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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
Robinson Kimberly L $120,000 Baird & Warner Title Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Kimberly L $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2016 11/07/16 Sold $125,000 0.0% $84 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $125,000 -- $84 / 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 $2,254 $12,600 $3,600 $9,000
2023 $2,176 $14,000 $4,800 $9,200
2022 $2,176 $14,000 $4,800 $9,200
2021 $2,146 $14,000 $4,800 $9,200
2020 $2,077 $12,428 $3,840 $8,588
2019 $2,055 $13,658 $3,840 $9,818
2018 $2,019 $13,658 $3,840 $9,818
2017 $2,697 $15,902 $3,360 $12,542
2016 $3,185 $15,902 $3,360 $12,542
2015 $329 $15,902 $3,360 $12,542
2014 $326 $14,433 $2,880 $11,553
2013 $327 $14,433 $2,880 $11,553
Source: Public Records

Agents Affiliated with this Home

  • Spero Speropoulos

    Seller's Agent in 2016

    Spero Speropoulos

    Baird Warner

    (708) 296-2135

    69 Total Sales

    Spero Speropoulos
    Section Image

  • H

    Buyer's Agent in 2016

    Herbert Gonzalez

    Mark Allen Realty ERA Powered

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09329670

Midwest Real Estate Data (MRED)

APN: 20-34-102-039-0000

Illinois Cook County Chicago 60619 Chatham

7949 S Michigan Ave, Chicago, IL

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