NOT LISTED FOR SALE

7111 S Vernon Ave Chicago, IL 60619

Park Manor Neighborhood
10 Beds
7 Baths
-- Sq Ft
1925 Built

Sale Details

Date Sold: February 16, 2023

Last sale price $505,000

17 Days on Market

Highlights

  • Property is near park
  • 4 Car Detached Garage
  • Outdoor Storage
  • Fenced Yard
  • Enclosed Patio or Porch
  • 4-minute walk to Meyering (William) Park

About This Home

As of February 2023

Beautiful well maintained four unit in Park Manor. Two 2 bedroom units and two 3 bedroom units. 1 unit being used for Air B&B. Hard wood floors in all units, modern bathrooms and kitchens. Enclosed back porches. There is a laundry room in the basement with 2 washers and 2 dryers and a 1/2 bathroom for tenant use. Separate from laundry area is a finished area divided into rooms and open space and 2 full bathrooms for other possibilities. Potential for 2 more units to be added to already finished basement. Four car brick garage with auto doors. Tenants pay electric for their unit. Owner pays gas and water.

Last Agent to Sell the Property

Rajah Redmond

Real People Realty License #475119227 Listed on: 12/16/2022

Real People Realty

Last Buyer's Agent

Janina Farr

Coldwell Banker Realty License #475119631

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,186

Year Built

  • Built in 1925 | Remodeled in 2018

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Storm Screens

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 7 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Storage

Lot Details

  • Fenced Yard
  • Paved or Partially Paved Lot

Location

  • Property is near park

Utilities

  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • 4 Units
  • Park Manor Subdivision

Building Details

  • Electric Expense $780
  • Water Sewer Expense $2,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,186

Year Built

Built in 1925 | Remodeled in 2018

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: Park Manor
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 7
  • Total Bedrooms: 10
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Enclosed Porch
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Refrigerator,Window Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • OtherStructures: Garage(s), Storage
  • Roof: Tar and Gravel
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • Number of Cars: 4
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam, Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 2100

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 5956
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: All

Multi Family

  • ElectricExpense: 780
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 2185.53
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Dec 16, 2021
Sold by
Bought by
Seller's Agent
Carolyn Washington
Enterprise Realty Power Broker
Buyer's Agent
Rajah Redmond
Real People Realty
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$451,266
Interest Rate
3.11%
Mortgage Type
VA

Purchase Details

Closed on
May 25, 2018
Sold by
Bought by

Purchase Details

Closed on
Apr 17, 2017
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 Attorneys Ttl Guaranty Fund
-- Chicago Title Company
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $147,658
Open $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2023 02/16/23 Sold $505,000 +1.0% --
01/03/2023 01/03/23 Pending -- -- --
12/16/2022 12/16/22 For Sale $500,000 0.0% --
12/16/2021 12/16/21 Sold $500,000 0.0% -- View Prior Sale
11/02/2021 11/02/21 Pending -- -- --
10/23/2021 10/23/21 For Sale $499,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $988 $44,800 $5,580 $39,220
2024 $988 $44,800 $5,580 $39,220
2023 $942 $16,000 $7,750 $8,250
2022 $942 $16,000 $7,750 $8,250
2021 $2,012 $16,000 $7,750 $8,250
2020 $2,186 $16,060 $7,750 $8,310
2019 $2,427 $18,251 $7,750 $10,501
2018 $2,384 $18,251 $7,750 $10,501
2017 $3,267 $21,252 $6,820 $14,432
2016 $4,257 $21,252 $6,820 $14,432
2015 $3,070 $21,252 $6,820 $14,432
2014 $2,561 $18,641 $5,580 $13,061
2013 $2,912 $18,641 $5,580 $13,061
Source: Public Records

Agents Affiliated with this Home

  • Rajah Redmond

    Seller's Agent in 2023

    Rajah Redmond

    Real People Realty

    (708) 415-1452

    2 in this area

    45 Total Sales

    Rajah Redmond
    Section Image
  • Janina Farr

    Buyer's Agent in 2023

    Janina Farr

    Coldwell Banker Realty

    (773) 915-3900

    2 in this area

    47 Total Sales

    Janina Farr
    Section Image

  • C

    Seller's Agent in 2021

    Carolyn Washington

    Enterprise Realty Power Broker

    (773) 330-0711

    2 in this area

    6 Total Sales

    Carolyn Washington
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11688853

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60619 Park Manor

7111 S Vernon Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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