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7415 South Ingleside Avenue

7415 South Ingleside Avenue, Chicago, IL 60619
Property in Grand Crossing
Sold Jan 11, 2017
$77,500
$76,095 by The Federal Savings Bank
Mortgage Due Feb 01, 2047
Sold May 07, 2002
$50,000
7415 South Ingleside Avenue has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1943 and is 81 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7415 South Ingleside Avenue has 1,014 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,812 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it 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, 7415 South Ingleside Avenue sold most recently in Dec 12, 2016 for a total of $77,500. If you work out the math, that's approximately a cost of $76.43 per sqft. Before that, the property was also sold for $50,000 in May 3, 2002. 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 $2,169 in taxes each year. 7415 South Ingleside Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $10,546. If we break it down further, the land itself was valued at $8,515. Improvements to the property, however, were assessed at a total of $2,031. 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: 1943
  • Effective Year Built: 1943
  • 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: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,812
  • Total Building Area: 1,014
  • Gross Building Area: 1,014
  • Building Area: 1,014
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,014
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORNELL
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DUNIGAN WILLIE
  • Previous Owner : PARRAN DEBRA A
  • Owner Before Previous Owner: GREEN JAMES
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 841800

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-26-126-043-0000
  • Block: 30
  • Lot: 41,40
  • Meridian: SEC 26 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7599
  • Longitude: -87.6014

    Address

  • Full Address: 7415 S Ingleside Ave
  • Address - House Number: 7415
  • Street Direction: S
  • Address - Street Name: Ingleside
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C046
  • 4-Digit Zip Code: 2033
  • Zip Code: 60619

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,169
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2669
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 172,377
  • High Value: 218,391
  • Low Value: 126,362

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $76,095
  • First Open Lien Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jan 11, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $76,095
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2047

    Market Valuation

  • Market Total Value: $105,460
  • Market Land Value: $85,150
  • Market Improvement Value: $20,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,546
  • Assessed Land Value: $8,515
  • Assessed Improvements Value: $2,031

    Sales

  • Current Sale Contract Date: Dec 12, 2016
  • Current Sale Recording Date: Jan 11, 2017
  • Current Sale Transaction ID: 1930403393
  • Current Sale Price: $77,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1701146085
  • Previous Sale Recording Date: May 07, 2002
  • Previous Sale Contract Date: May 03, 2002
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Jan 11, 2017
  • First Mortgage Loan Amount: $76,095
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 7415 South Ingleside Avenue located in?
The 7415 South Ingleside Avenue is a located in the neighborhood of Grand Crossing in Far South Chicago, Chicago.
What is the average sales price for listings in 7415 South Ingleside Avenue?
The average sales price for units in 7415 South Ingleside Avenue is $0 currently.

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