Check Availability

7315 North McVicker Avenue

7315 North McVicker Avenue, Chicago, IL 60646
Property in Wildwood
Sold Apr 13, 2021
$285,000
$276,450 by Ocmbc Inc
Mortgage Due Apr 01, 2051
7315 North McVicker Avenue in Chicago, IL was first built in 1952 and is 72 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 unknown style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7315 North McVicker Avenue has 833 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. In total, the area measurement of the land is 5,160 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There is one available parking space. 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 frame 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 wood. 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 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, 7315 North McVicker Avenue sold most recently in Mar 28, 2021 for a total of $285,000. If you work out the math, that's approximately a cost of $342.14 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 $6,524 in taxes each year. 7315 North McVicker Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $35,141. If we break it down further, the land itself was valued at $12,900. Improvements to the property, however, were assessed at a total of $22,241. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,160
  • Total Building Area: 833
  • Gross Building Area: 833
  • Building Area: 833
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 833
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VALENTIS EDGEBROOK GARDENS 01 A
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BERNAL JOSUE
  • Current Owner 2: REYES JASMIN
  • Previous Owner : BAY SUSAN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 120100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: 045-101-06
  • District: 71
  • Parcel: 10-29-306-019-0000
  • Lot: 19
  • Meridian: SEC 29 TWN 41N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 42.0142
  • Longitude: -87.7772

    Address

  • Full Address: 7315 N Mcvicker Ave
  • Address - House Number: 7315
  • Street Direction: N
  • Address - Street Name: Mcvicker
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C030
  • 4-Digit Zip Code: 1260
  • Zip Code: 60646

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,524
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2324
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 397,186
  • High Value: 489,495
  • Low Value: 304,877

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $276,450
  • First Open Lien Mortgage Lender: OCMBC INC
  • First Open Lien Mortgage Recording Date: Apr 13, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $276,450
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $351,410
  • Market Land Value: $129,000
  • Market Improvement Value: $222,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,141
  • Assessed Land Value: $12,900
  • Assessed Improvements Value: $22,241

    Sales

  • Current Sale Contract Date: Mar 28, 2021
  • Current Sale Recording Date: Apr 13, 2021
  • Current Sale Transaction ID: 11830435797
  • Current Sale Price: $285,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2110320162

    Last Sale Mortgage

  • First Mortgage Lender: OCMBC INC
  • First Mortgage Transaction Date: Apr 13, 2021
  • First Mortgage Loan Amount: $276,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Northwest Side



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7315 North McVicker Avenue located in?
The 7315 North McVicker Avenue is a located in the neighborhood of Wildwood in Northwest Side, Chicago.
What is the average sales price for listings in 7315 North McVicker Avenue?
The average sales price for units in 7315 North McVicker Avenue is $0 currently.

Quantcast