Check Availability
$508,000 - $620,000
House - In Contract

7234 S Paxton Avenue

Chicago, IL 60649
bedrooms
5 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
3138 Sqft
Sold May 16, 2022
$185,000
Buyer

About This Property

Prepare to be amazed by this South Shore architectural beauty. This South Shore home is perfect for entertaining guests, whether short- or long-term, and ideal for your forever home. It has five bedrooms, three and a half baths, hardwood floors throughout, two fireplaces, and space for large flat-screen TVs perfect for entertaining. The kitchen is ideal for entertaining with a Samsung kitchen package, a five-burner stove, and a spigot to access water while cooking-a full walkout basement with a wet bar, storage, and closet for all laundry necessities. The future Obama Center is slated to open in Summer 2024 and is a short walk through Jackson Park on a beautiful sunny afternoon. Urbanism is for every age, whether it's an afternoon at The South Shore Cultural Center or Golf Course, South Shore Beach, or a walk or bike path downtown along Lakeshore. Minutes away from the University of Chicago's school and medical campus. This brick home with a one-car garage, ample street parking, and an enormous backyard full of potential is a must-see because the last property available was on the market in less than 14 days. Downtown transportation is accessible by Metra every other hour on the weekend, or hourly during the week, or public transit is available with express and local options. All errands are within a mile if one needs a Walgreens, Starbucks, or Chase bank. A magnificent home to s

The manager has listed the unit size as 3138 square feet.
Unit Size
3,138Ft²
Days on Market
-
Land Size
-
Price per sqft
$180
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1924
Listed By
Felicia Riley
Charles Rutenberg Realty

Price History

Date / Event Date Event Price
Apr 18, 2024 In contract -
In contract
Mar 29, 2024 Price Decreased $564,000
↓ $5K (0.9%)
Price Decreased
Mar 1, 2024 Price Decreased $569,000
↓ $6K (1%)
Price Decreased
Feb 16, 2024 Price Decreased $575,000
↓ $25K (4.2%)
Price Decreased
Jan 1, 2024 Listed $599,999
Listed
Show More

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Brick

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,954
  • Gross Building Area: 1,954
  • Building Area: 1,954
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,954
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH KENWOOD RESUB OF SOUTH KENWOOD
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KEXUS CORP
  • Previous Owner : GREEN ROBERT E
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jun 05, 2027
  • District: 70
  • Parcel: 20-25-209-022-0000
  • Block: 8
  • Lot: 8
  • Meridian: SEC 25 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7634
  • Longitude: -87.5716

    Address

  • Full Address: 7234 S Paxton Ave
  • Address - House Number: 7234
  • Street Direction: S
  • Address - Street Name: Paxton
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C021
  • 4-Digit Zip Code: 2520
  • Zip Code: 60649

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,319
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 555,267
  • High Value: 611,409
  • Low Value: 499,125

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $62,500
  • Market Improvement Value: $147,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $6,250
  • Assessed Improvements Value: $14,750

    Sales

  • Current Sale Contract Date: May 05, 2022
  • Current Sale Recording Date: May 16, 2022
  • Current Sale Transaction ID: 11905420300
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 55025

    Last Sale Mortgage

  • First Mortgage Lender: LIMA ONE CAPITAL LLC
  • First Mortgage Transaction Date: May 16, 2022
  • First Mortgage Loan Amount: $307,500
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2023

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
9 Beds
-
-
$565,000 Feb 20, 2024
-
$285/mo
Multifamily
12 Beds
-
-
$499,000 Mar 15, 2024
-
$480/mo

About Far South Chicago


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7741 South Yates Boulevard, Chicago, IL 60649 Listing by Patrick Afrifah

Nearby Rentals

Unit for rent at 8641 S Constance Avenue, Chicago, IL, 60617

$3,000 /mo

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8641 S Constance Avenue, Chicago, IL, 60617 Listing by June Allen-Smith


Frequently Asked Questions

When was property at 7234 South Paxton Avenue built and last sold?
The property at 7234 South Paxton Avenue was built in 1924 and last sold on May 5, 2022 for $185,000.
How much is this home worth?
The estimated value of the home located at 7234 South Paxton Avenue is $605,999.
What are some comparable homes to 7234 South Paxton Avenue?
Homes that are comparable to 7234 South Paxton Avenue include a multifamily property at 7741 South Yates Boulevard, 2458 East 74th Place, which are both great to check out.

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