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7241 North Bell Avenue

7241 North Bell Avenue, Chicago, IL 60645
Multifamily in West Rogers Park
7241 North Bell Avenue in Chicago, IL was first built in 1925 and is 99 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 multifamily style. There are a total of 2 floors. There are a total of 12 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 7241 North Bell Avenue has 3,138 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 500 ft and the linear feet between the front and back of the lot is 1,600. In total, the area measurement of the land is 7,800 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. 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 hot water 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, 7241 North Bell Avenue sold most recently in May 16, 2000 for a total of $310,000. If you work out the math, that's approximately a cost of $98.79 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 $8,004 in taxes each year. 7241 North Bell Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $42,335. If we break it down further, the land itself was valued at $14,040. Improvements to the property, however, were assessed at a total of $28,295. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210901
09/01/2021
9 Bed
-
-
$607,500
bedrooms
9 Bed
bathrooms
-
-
-
-
Oscar Brand
RE/MAX Real Estate

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,138
  • Gross Building Area: 3,138
  • Building Area: 3,138
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,138
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CONGDONS RIDGE ADD TO ROGERS
  • Land Acres: 0.179
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (CONGDONS) (RIDGE) ADD TO (ROGERS) PARK SUB OF S50ACS IN SW SEC 30-41-14

Ownership

  • Current Owner : MERCHAN PATRICIO
  • Previous Owner : HERNANDEZ EDGAR
  • Previous Owner 2: HERNANDEZ BLANCA E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 020100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 75
  • Parcel: 11-30-322-004-0000
  • Block: 11
  • Lot: 22
  • Meridian: SEC 30 TWN 41N RNG 14E
  • Municipality: ROGERS PARK
  • Latitude: 42.0135
  • Longitude: -87.6846

    Address

  • Full Address: 7241 N Hamilton Ave
  • Address - House Number: 7241
  • Street Direction: N
  • Address - Street Name: Hamilton
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C054
  • 4-Digit Zip Code: 2633
  • Zip Code: 60645

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,004
  • Tax Rate Code Area: 75001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 468,366
  • High Value: 588,042
  • Low Value: 348,689

    Market Valuation

  • Market Total Value: $423,350
  • Market Land Value: $140,400
  • Market Improvement Value: $282,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,335
  • Assessed Land Value: $14,040
  • Assessed Improvements Value: $28,295

    Sales

  • Current Sale Contract Date: May 16, 2000
  • Current Sale Recording Date: May 25, 2000
  • Current Sale Transaction ID: 1176647817
  • Current Sale Price: $310,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 00381629

    Last Sale Mortgage

  • First Mortgage Lender: GREENPOINT MTG FUNDING INC
  • First Mortgage Transaction Date: May 25, 2000
  • First Mortgage Loan Amount: $248,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 01, 2015

About North Side



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Frequently Asked Questions

What neighborhood is 7241 North Bell Avenue located in?
The 7241 North Bell Avenue is a multifamily located in the neighborhood of West Rogers Park in North Side, Chicago.
What is the average sales price for listings in 7241 North Bell Avenue?
The average sales price for units in 7241 North Bell Avenue is $0 currently.

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