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7435 West Palatine Avenue

7435 West Palatine Avenue, Chicago, IL 60631
Sold Dec 04, 2017
$370,000
Sold Jun 04, 1998
$190,000
$168,000 by First Chicago Nbd Mtg Company
Mortgage Due May 01, 2028
7435 West Palatine 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 1970 and is 54 years old. The home has a total of 5 rooms. 3 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, 7435 West Palatine Avenue has 1,060 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 3,225 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. 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, 7435 West Palatine Avenue was last sold in Dec 1, 2017 for $370,000. According to our calculations, that's $349.06 per sqft. Prior to that sales transaction, the property was sold for $190,000 in May 1, 1998. Current property owners are expected to pay $5,438 in taxes per year. The property on 7435 West Palatine Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $29,861. To break that down further, the land itself was valued at $6,450. While improvements to the property were assessed at a total of $23,411. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,225
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,060
  • Gross Building Area: 1,060
  • Building Area: 1,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCHLEITERS ADD TO NORWOOD PARK
  • Land Acres: 0.074
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (SCHLEITERS) ADD TO (NORWOOD)(PARK) SUB OF LT12 IN SU B OF LT2 IN NE SEC 01-40-12

Ownership

  • Current Owner : COOK DAVID C
  • Current Owner 2: ROZYCKI KACY M
  • Previous Owner : GIULIANI GREG M
  • Previous Owner 2: GIULIANI SUSAN M
  • Owner Before Previous Owner: THE CHICAGO TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 100300

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 12-01-209-004-0000
  • Lot: 2,12
  • Meridian: SEC 01 TWN 40N RNG 12E
  • Municipality: JEFFERSON
  • Latitude: 41.9952
  • Longitude: -87.8132

    Address

  • Full Address: 7435 W Palatine Ave
  • Address - House Number: 7435
  • Street Direction: W
  • Address - Street Name: Palatine
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C028
  • 4-Digit Zip Code: 1921
  • Zip Code: 60631

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,438
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2289
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 419,606
  • High Value: 515,695
  • Low Value: 323,518

    Market Valuation

  • Market Total Value: $298,610
  • Market Land Value: $64,500
  • Market Improvement Value: $234,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,861
  • Assessed Land Value: $6,450
  • Assessed Improvements Value: $23,411

    Sales

  • Current Sale Contract Date: Dec 01, 2017
  • Current Sale Recording Date: Dec 04, 2017
  • Current Sale Transaction ID: 11321427594
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1733829072
  • Previous Sale Recording Date: Jun 04, 1998
  • Previous Sale Contract Date: May 01, 1998
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: PERL MORTGAGE INC
  • First Mortgage Transaction Date: Dec 04, 2017
  • First Mortgage Loan Amount: $351,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2048

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CHICAGO NBD MTG COMPANY
  • Previous Mortgage Transaction Date: Jun 04, 1998
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $168,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2028

About Northwest Side



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Frequently Asked Questions

What neighborhood is 7435 West Palatine Avenue located in?
The 7435 West Palatine Avenue is a house located in the neighborhood of Norwood Park West in Northwest Side, Chicago.
What is the average sales price for listings in 7435 West Palatine Avenue?
The average sales price for units in 7435 West Palatine Avenue is $0 currently.

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