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Chicago 60645 West Rogers Park
7222-7226 N Oakley Avenue
$785,000
↓ $20K (2.5%)
Land - For Sale

7222-7226 N Oakley Avenue

Chicago, IL 60645
bedrooms
Studio
bathrooms
0 Bath
$4,189
Estimated Monthly
$0
HOA / Fees
1.38%
Cap Rate

About This Property

An amazing opportunity to own or invest in 3 contiguous lots that offer the potential for various construction configurations. Nestled in the charming neighborhood of West Rogers Park, this lot is tucked away from the main streets, offering a serene and peaceful environment. Convenience is at your fingertips, as the land is located near stores, parks, and local eateries, ensuring easy access to all your daily needs. A brand new Starbucks is open within a quick 2-minute walk, providing a perfect spot to indulge in your favorite beverages and treats. One of the highlights of this location is the escape it offers from the hustle and bustle of everyday life. With a generous lot size, you have ample space to bring your vision to fruition and create a home that truly reflects your style and preferences. In addition to the tranquil setting, you'll be delighted to discover that this land is within a 5-minute drive of Howard Beach and Jarvis Beach. These beautiful beaches boast expansive grass areas, pristine sandy shores, and a park for children to enjoy. Imagine spending sunny days relaxing on the beach, soaking up the sun, and taking refreshing dips in the water, all just a stone's throw away from your future home.
Unit Size
-
Days on Market
169 days
Land Size
0.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
$334
HOA Dues
-
Year Built
1911
Listed By
Last updated: 2 months ago (MREDIL #11927767)

Price History

Date / Event Date Event Price
Mar 1, 2024 Price Decreased $785,000
↓ $20K (2.5%)
Price Decreased
Feb 11, 2024 Price Decreased $805,000
↓ $30K (3.6%)
Price Decreased
Nov 10, 2023 Listed by HomeSmart Connect Real Estate $835,000
Listed by HomeSmart Connect Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,549
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: CONGDONS RDG ADD/ROGERS PARK
  • Land Acres: 0.81

Ownership

  • Current Owner : BONINI MARIENA
  • Previous Owner : 7220 NORTH OAKLEY LLC
  • Owner Before Previous Owner: 7220 26 N OAKLEY LLC

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 020302

Zoning

  • Zoning: RS-3

Geography

  • District: 75
  • Parcel: 11-30-319-034-0000
  • Block: 8
  • Lot: 8
  • Municipality: ROGERS PARK
  • Latitude: 42.013
  • Longitude: -87.6879

    Address

  • Full Address: 7222 N Oakley Ave
  • Address - House Number: 7222
  • Street Direction: N
  • Address - Street Name: Oakley
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Zip Code: 60645

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,337
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 75001

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 756,324
  • High Value: 832,795
  • Low Value: 679,854

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $282,489
  • First Open Lien Mortgage Lender: 7220 NORTH OAKLEY LLC
  • First Open Lien Mortgage Recording Date: Nov 07, 2017
  • First Open Lien Mortgage Loan Amount: $282,489
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown

    Market Valuation

  • Market Total Value: $65,000
  • Market Land Value: $63,880
  • Market Improvement Value: $1,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,500
  • Assessed Land Value: $6,388
  • Assessed Improvements Value: $112

    Sales

  • Current Sale Contract Date: Sep 27, 2017
  • Current Sale Recording Date: Nov 07, 2017
  • Current Sale Transaction ID: 11291438563
  • Current Sale Price: $290,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 1731101108
  • Previous Sale Recording Date: Nov 07, 2012
  • Previous Sale Contract Date: Oct 30, 2012
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: 7220 NORTH OAKLEY LLC
  • First Mortgage Transaction Date: Nov 07, 2017
  • First Mortgage Loan Amount: $282,489
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
3,400 ft²
$263/ft²
$895,000 Oct 8, 2023
-
$1,427/mo
Multifamily
8 Beds
-
-
$759,900 Oct 11, 2023
-
$833/mo
Multifamily
8 Beds
-
-
$738,000 Jul 31, 2023
-
$341/mo
House
5 Beds
3 Baths
-
$697,500 Sep 20, 2023
-
$765/mo

About North Side


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Frequently Asked Questions

When was property at 7222 North Oakley Avenue built and last sold?
The property at 7222 North Oakley Avenue was built in 1911 and last sold on Sep 27, 2017 for $290,000.
How much is this home worth?
The estimated value of the home located at 7222 North Oakley Avenue is $792,850.
What are some comparable homes to 7222 North Oakley Avenue?
Homes that are comparable to 7222 North Oakley Avenue include a commercial property at 2312 West Touhy Avenue, a multifamily property at 7530 North Oakley Avenue, 7234 North Hamilton Avenue.

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