See Home Value
$229,000*
Land - Off Market

7224 N Oakley Avenue

Chicago, IL 60645
bedrooms
Studio
bathrooms
0 Bath
$207,000 - $251,000
Reference Base Price*
0.00%
Since Dec 1, 2023
National-US
Primary Model
Sold Nov 07, 2017
$290,000
$282,489 by 7220 North Oakley Llc
Mortgage
Sold Nov 07, 2012
$275,000

About This Property

This is a remarkable opportunity to become the proud owner of a vacant land where you can bring your Home Dream to life. 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. The zoning of this lot is RS-3, which allows for the construction of a single-family home or a 2-flat/duplex, giving you the flexibility to explore various housing options. The owner can even offer the single-family plans or the duplex plans along with the selling price, making the process even more convenient for you. Feel free to drive by and take a look at the lot from the sidewalk. Should you have any questions or require further information, the owner is eager to assist you. Don't miss out on this incredible opportunity to create your dream home in this highly sought-after location. Reach out today and start turning your vision into a reality! The lot next to this is for sale and will be possible to purchase together. The MLS number is 11810686/ 7226 Oakley. This is the middle lot and the other one is to the right.
Unit Size
-
Days on Market
-
Land Size
0.08 acres
Price per sqft
-
Property Type
Land
Property Taxes
$109
HOA Dues
-
Year Built
1911

Price History

Date / Event Date Event Price
Nov 11, 2023 No longer available -
No longer available
Sep 19, 2023 Price Decreased $229,000
↓ $5K (2.1%)
Price Decreased
Aug 24, 2023 Price Decreased $234,000
↓ $5K (2.1%)
Price Decreased
Aug 2, 2023 Price Decreased $239,000
↓ $5K (2.1%)
Price Decreased
Jul 13, 2023 Price Decreased $244,000
↓ $5K (2%)
Price Decreased
Show More

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: Residential
  • Subdivision: CONGDONS RDG ADD/ROGERS PARK
  • Land Acres: 0.81
  • Standard Land Use Code: Residential (general) (single)

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: 11-30-319-033-0000
  • Block: 8
  • Lot: 7
  • Municipality: ROGERS PARK
  • Latitude: 42.0131
  • Longitude: -87.6879

    Address

  • Full Address: 7224 N Oakley Ave
  • Address - House Number: 7224
  • 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: 218,801
  • High Value: 240,923
  • Low Value: 196,678

    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: Commercial

    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: 11291438562
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • 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: Warranty Deed

    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: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$229,000 Jun 16, 2023
-
$107/mo
Land
Loft
-
-
$210,000 Mar 29, 2023
-
$94/mo
Commercial
Loft
-
8,000 ft²
$24/ft²
$189,000 Jun 21, 2023
-
$759/mo
House
3 Beds
2 Baths
-
$229,900 Aug 25, 2023
-
$712/mo
House
2 Beds
2 Baths
-
$249,999 Sep 26, 2023
-
$700/mo
Townhouse
3 Beds
1.5 Baths
1,099 ft²
$186/ft²
$204,900 Aug 29, 2023
-
$358/mo
House
2 Beds
2 Baths
1,200 ft²
$163/ft²
$195,000 May 12, 2023
-
$606/mo
House
2 Beds
2 Baths
1,200 ft²
$163/ft²
$195,000 May 17, 2023
-
$632/mo
House
2 Beds
2 Baths
-
$195,000 Sep 27, 2023
-
$737/mo

About North Side


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Frequently Asked Questions

When was property at 7224 North Oakley Avenue built and last sold?
The property at 7224 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 7224 North Oakley Avenue is $236,340.
What are some comparable homes to 7224 North Oakley Avenue?
Homes that are comparable to 7224 North Oakley Avenue include a land property at 7226 North Oakley Avenue, 1613 Brummel Street, 2224 West Touhy Avenue.

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