7301 South Halsted Street

7301 South Halsted Street in Chicago, IL was first built in 1913 and is 111 years old. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a unknown style. There are a total of 3 floors. In total, the area measurement of the land is 4,865 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7301 South Halsted Street was last sold in Aug 28, 2023 for $180,000. According to our calculations, that's $78.26 per sqft. Prior to that sales transaction, the property was sold for $145,000 in Dec 3, 2004. Current property owners are expected to pay $7,068 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 7301 South Halsted Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $34,365. To break that down further, the land itself was valued at $4,379. While improvements to the property were assessed at a total of $29,986. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!