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7463 North Sheridan Road

7463 North Sheridan Road, Chicago, IL 60626
Property in Rogers Park
Sold Feb 18, 2020
$590,000
$442,499 by Us Bank Na
Mortgage Due Feb 01, 2050
Sold Mar 18, 1999
$265,000
7463 North Sheridan Road in Chicago, IL was first built in 1921 and is 103 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. There are a total of 3 floors. There are a total of 12 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 5 partial bathrooms. 7463 North Sheridan Road has 4,445 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 8,662 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. 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. 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, 7463 North Sheridan Road sold most recently in Jan 20, 2020 for a total of $590,000. If you work out the math, that's approximately a cost of $132.73 per sqft. Before that, the property was also sold for $265,000 in Mar 3, 1999. 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 $12,135 in taxes each year. 7463 North Sheridan Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $59,000. If we break it down further, the land itself was valued at $19,056. Improvements to the property, however, were assessed at a total of $39,944. 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: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,662
  • Total Building Area: 4,445
  • Gross Building Area: 4,445
  • Building Area: 4,445
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 4,445
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BIRCHWOOD BEACH
  • Land Acres: 0.199
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (BIRCHWOOD)(BEACH) SUB OF PT SEC29 S I.B.L. SEC 29-41-14

Ownership

  • Current Owner : LOCHER ROLAND PHILLIP
  • Previous Owner : BREWER THOMAS E
  • Previous Owner 2: THOMAS E BREWER TRUST
  • Owner Before Previous Owner: ROSARIO CARMELO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 010300

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jun 03, 2040
  • District: 75
  • Parcel: 11-29-308-002-0000
  • Block: 6
  • Lot: 2
  • Meridian: SEC 29 TWN 41N RNG 14E
  • Municipality: ROGERS PARK
  • Latitude: 42.018
  • Longitude: -87.6649

    Address

  • Full Address: 7463 N Sheridan Rd
  • Address - House Number: 7463
  • Street Direction: N
  • Address - Street Name: Sheridan
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Chicago
  • Carrier Code: C038
  • 4-Digit Zip Code: 1818
  • Zip Code: 60626

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,135
  • Tax Rate Code Area: 75001

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 72
  • Final Value: 721,069
  • High Value: 867,073
  • Low Value: 575,065

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $442,499
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Feb 18, 2020
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $442,499
  • 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: Feb 01, 2050

    Market Valuation

  • Market Total Value: $590,000
  • Market Land Value: $190,560
  • Market Improvement Value: $399,440

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,000
  • Assessed Land Value: $19,056
  • Assessed Improvements Value: $39,944

    Sales

  • Current Sale Contract Date: Jan 20, 2020
  • Current Sale Recording Date: Feb 18, 2020
  • Current Sale Transaction ID: 11735296046
  • Current Sale Price: $590,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2004906031
  • Previous Sale Recording Date: Mar 18, 1999
  • Previous Sale Contract Date: Mar 03, 1999
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Feb 18, 2020
  • First Mortgage Loan Amount: $442,499
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

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Frequently Asked Questions

What neighborhood is 7463 North Sheridan Road located in?
The 7463 North Sheridan Road is a located in the neighborhood of Rogers Park in North Side, Chicago.
What is the average sales price for listings in 7463 North Sheridan Road?
The average sales price for units in 7463 North Sheridan Road is $0 currently.

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