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7137 South Sacramento Avenue

7137 South Sacramento Avenue, Chicago, IL 60629
Property in Marquette Park
Sold Jan 19, 1994
$50,000
$265,500 by Vertical Lend Inc
Mortgage
7137 South Sacramento Avenue in Chicago, IL was first built in 1951 and is 73 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. There are a total of 4 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 7137 South Sacramento Avenue has 939 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 300 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 3,780 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7137 South Sacramento Avenue sold most recently in Jan 7, 1994 for a total of $50,000. If you work out the math, that's approximately a cost of $53.25 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,622 in taxes each year. The initial year of tax delinquency occurred in 2021. 7137 South Sacramento Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $14,000. If we break it down further, the land itself was valued at $3,024. Improvements to the property, however, were assessed at a total of $10,976. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,780
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 939
  • Gross Building Area: 939
  • Building Area: 939
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 939
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MARQUETTE PARK TERRACE
  • Land Acres: 0.087
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L18 B4 MARQUETTE PARK TERRACE W1/2 N1/2 N1/2 S25 T38N R13E

Ownership

  • Current Owner : JOHNSON EDDIE
  • Current Owner 2: JOHNSON BOBBIE
  • Previous Owner : CULLEN MARY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 661100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-25-104-018-0000
  • Block: 4
  • Lot: 18
  • Meridian: SEC 25 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7634
  • Longitude: -87.6975

    Address

  • Full Address: 7137 S Sacramento Ave
  • Address - House Number: 7137
  • Street Direction: S
  • Address - Street Name: Sacramento
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C049
  • 4-Digit Zip Code: 3016
  • Zip Code: 60629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,622
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 225,599
  • High Value: 285,400
  • Low Value: 165,798

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $265,500
  • First Open Lien Mortgage Lender: VERTICAL LEND INC
  • First Open Lien Mortgage Recording Date: Nov 28, 2007
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $265,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $30,240
  • Market Improvement Value: $109,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $3,024
  • Assessed Improvements Value: $10,976

    Sales

  • Current Sale Contract Date: Jan 07, 1994
  • Current Sale Recording Date: Jan 19, 1994
  • Current Sale Transaction ID: 1145310276
  • Current Sale Price: $50,000
  • Current Sale Document Type: Joint Tenancy Deed
  • Current Sale Input Document Number: 94056936

    Last Sale Mortgage

  • First Mortgage Lender: 1ST CAROLINA CORP
  • First Mortgage Transaction Date: Jan 19, 1994
  • First Mortgage Loan Amount: $75,705
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2024

About South Side



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Frequently Asked Questions

What neighborhood is 7137 South Sacramento Avenue located in?
The 7137 South Sacramento Avenue is a located in the neighborhood of Marquette Park in South Side, Chicago.
What is the average sales price for listings in 7137 South Sacramento Avenue?
The average sales price for units in 7137 South Sacramento Avenue is $0 currently.

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