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7217 South Oglesby Avenue

7217 South Oglesby Avenue, Chicago, IL 60649
Property in South Shore
Sold Oct 01, 2020
$205,000
$194,750 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2050
Sold Sep 21, 1994
$145,000
$101,500 by Home Savings Of America
Mortgage Due Sep 20, 2024
7217 South Oglesby Avenue in Chicago, IL was first built in 1912 and is 112 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 ranch/rambler style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7217 South Oglesby Avenue has 2,270 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. In total, the area measurement of the land is 6,250 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. 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 stucco. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 7217 South Oglesby Avenue sold most recently in Aug 17, 2020 for a total of $205,000. If you work out the math, that's approximately a cost of $90.31 per sqft. Before that, the property was also sold for $145,000 in Sep 19, 1994. 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 $4,217 in taxes each year. 7217 South Oglesby Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $20,501. If we break it down further, the land itself was valued at $7,813. Improvements to the property, however, were assessed at a total of $12,688. 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: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,250
  • Total Building Area: 2,270
  • Gross Building Area: 2,270
  • Building Area: 2,270
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,270
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KUNTZE ADD TO SOUTH SHORE
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (KUNTZE) ADD TO (SOUTH) (SHORE) SUB OF LTS16-20 IN BL K1 & LTS1-5,16-20 IN BLK4 OF STAVE & KLEMMS SUB OF NE, EX PT TAKEN FOR

Ownership

  • Current Owner : RUSSO NATHAN
  • Previous Owner : NEAL ROBERT L
  • Previous Owner 2: NEAL FRANCES CAROL
  • Owner Before Previous Owner: JEFFERSON THOMAS S
  • Owner Before Previous Owner 2: JEFFERSON RENEE F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 430600

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jul 04, 2027
  • District: 70
  • Parcel: 20-25-213-004-0000
  • Block: 4
  • Lot: 1-5
  • Meridian: SEC 25 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7639
  • Longitude: -87.5674

    Address

  • Full Address: 7217 S Oglesby Ave
  • Address - House Number: 7217
  • Street Direction: S
  • Address - Street Name: Oglesby
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C033
  • 4-Digit Zip Code: 2517
  • Zip Code: 60649

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,217
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2575
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 296,986
  • High Value: 373,462
  • Low Value: 220,510

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $220,250
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Oct 01, 2020
  • First Open Lien Mortgage Loan Amount: $194,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050
  • Second Open Lien Mortgage Lender: MIDWEST COALITION OF LABOR CRE
  • Second Open Lien Mortgage Recording Date: Dec 19, 2022
  • Second Open Lien Mortgage Loan Amount: $25,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $205,010
  • Market Land Value: $78,130
  • Market Improvement Value: $126,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,501
  • Assessed Land Value: $7,813
  • Assessed Improvements Value: $12,688

    Sales

  • Current Sale Contract Date: Aug 17, 2020
  • Current Sale Recording Date: Oct 01, 2020
  • Current Sale Transaction ID: 11790412190
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2027521078
  • Previous Sale Recording Date: Sep 21, 1994
  • Previous Sale Contract Date: Sep 19, 1994
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Oct 01, 2020
  • First Mortgage Loan Amount: $194,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: HOME SAVINGS OF AMERICA
  • Previous Mortgage Transaction Date: Sep 21, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $101,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 20, 2024

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Frequently Asked Questions

What neighborhood is 7217 South Oglesby Avenue located in?
The 7217 South Oglesby Avenue is a located in the neighborhood of South Shore in Far South Chicago, Chicago.
What is the average sales price for listings in 7217 South Oglesby Avenue?
The average sales price for units in 7217 South Oglesby Avenue is $0 currently.

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