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7423 South Kenwood Avenue

7423 South Kenwood Avenue, Chicago, IL 60619
Multifamily in Grand Crossing
7423 South Kenwood Avenue in Chicago, IL was first built in 1889 and is 135 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 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7423 South Kenwood Avenue has 2,016 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 3,150 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 no garage. 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 hot water heating system. 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, 7423 South Kenwood Avenue was last sold in Jan 31, 2019 for $120,000. According to our calculations, that's $59.52 per sqft. Current property owners are expected to pay $1,542 in taxes per year. The property on 7423 South Kenwood Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $7,501. To break that down further, the land itself was valued at $3,938. While improvements to the property were assessed at a total of $3,563. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191211
12/11/2019
5 Bed
-
-
$135,000
bedrooms
5 Bed
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1889
  • Effective Year Built: 1889
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,150
  • Total Building Area: 2,016
  • Gross Building Area: 2,016
  • Building Area: 2,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCOVELS ADD TO CORNELL
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: J S (SCOVELS) ADD TO (CORNELL) SUB OF EH SE SW NE SEC 26-38-14

Ownership

  • Current Owner : STANSIL ROBERT
  • Previous Owner : SMITH MOSES
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 430400

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-26-226-007-0000
  • Lot: 39
  • Meridian: SEC 26 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7598
  • Longitude: -87.5918

    Address

  • Full Address: 7423 S Kenwood Ave
  • Address - House Number: 7423
  • Street Direction: S
  • Address - Street Name: Kenwood
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C010
  • 4-Digit Zip Code: 1425
  • Zip Code: 60619

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,542
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 170,037
  • High Value: 195,701
  • Low Value: 144,372

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $134,896
  • First Open Lien Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Feb 07, 2019
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $117,826
  • 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, 2049
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Jun 29, 2023
  • Second Open Lien Mortgage Loan Amount: $17,070
  • Second Open Lien Mortgage Term: 342
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $75,010
  • Market Land Value: $39,380
  • Market Improvement Value: $35,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,501
  • Assessed Land Value: $3,938
  • Assessed Improvements Value: $3,563

    Sales

  • Current Sale Contract Date: Jan 31, 2019
  • Current Sale Recording Date: Feb 07, 2019
  • Current Sale Transaction ID: 11568293469
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1903808081
  • Previous Sale Recording Date: May 22, 2015
  • Previous Sale Contract Date: Apr 08, 2015
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: Feb 07, 2019
  • First Mortgage Loan Amount: $117,826
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2049

    Financing

  • First Mortgage Financing Type: Unknown

About Far South Chicago



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Frequently Asked Questions

What neighborhood is 7423 South Kenwood Avenue located in?
The 7423 South Kenwood Avenue is a multifamily located in the neighborhood of Grand Crossing in Far South Chicago, Chicago.
What is the average sales price for listings in 7423 South Kenwood Avenue?
The average sales price for units in 7423 South Kenwood Avenue is $0 currently.

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