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7540 South Green Street

7540 South Green Street, Chicago, IL 60620
Property in Gresham
Sold Aug 04, 2017
$152,000
$146,927 by Caliber Home Loans Inc
Mortgage Due Aug 01, 2047
Sold Dec 07, 2016
$50,400
7540 South Green Street in Chicago, IL was first built in 1917 and is 107 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 bungalow style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7540 South Green Street has 1,104 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 3,720 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 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 masonry 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 masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 7540 South Green Street sold most recently in Jul 27, 2017 for a total of $152,000. If you work out the math, that's approximately a cost of $137.68 per sqft. Before that, the property was also sold for $50,400 in Nov 29, 2016. 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 $839 in taxes each year. 7540 South Green Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $7,500. If we break it down further, the land itself was valued at $2,418. Improvements to the property, however, were assessed at a total of $5,082. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1917
  • Effective Year Built: 1917
  • 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: 3,720
  • Total Building Area: 1,104
  • Gross Building Area: 1,104
  • Building Area: 1,104
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,104
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEST AUBURN SUB
  • Land Acres: 0.085
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HENRY (EDENS) RESUB OF BLK 2 IN SUB OF BLKS 1-4 & 13- 16 IN WEST AUBURN SUB OF BLKS 17-20 & 29-32 OF SUB OF PT EX N 99FT SE S

Ownership

  • Current Owner : RUIZ ANGIE
  • Previous Owner : KJB ARANDA S PROPERTIES INC
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 710200

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-29-406-031-0000
  • Block: 1-4
  • Lot: 14
  • Meridian: SEC 29 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7565
  • Longitude: -87.6459

    Address

  • Full Address: 7540 S Green St
  • Address - House Number: 7540
  • Street Direction: S
  • Address - Street Name: Green
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C064
  • 4-Digit Zip Code: 2842
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $839
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 124,869
  • High Value: 153,382
  • Low Value: 96,357

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $188,271
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 04, 2017
  • First Open Lien Mortgage Loan Amount: $146,927
  • 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: Aug 01, 2047
  • Second Open Lien Mortgage Lender: SECRETARY HOUSING URBAN DEVELO
  • Second Open Lien Mortgage Recording Date: Feb 21, 2019
  • Second Open Lien Mortgage Loan Amount: $41,344
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2049

    Market Valuation

  • Market Total Value: $75,000
  • Market Land Value: $24,180
  • Market Improvement Value: $50,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,500
  • Assessed Land Value: $2,418
  • Assessed Improvements Value: $5,082

    Sales

  • Current Sale Contract Date: Jul 27, 2017
  • Current Sale Recording Date: Aug 04, 2017
  • Current Sale Transaction ID: 1732058942
  • Current Sale Price: $152,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1721618003
  • Previous Sale Recording Date: Dec 07, 2016
  • Previous Sale Contract Date: Nov 29, 2016
  • Previous Sale Amount: $50,400
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Aug 04, 2017
  • First Mortgage Loan Amount: $146,927
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2047

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Frequently Asked Questions

What neighborhood is 7540 South Green Street located in?
The 7540 South Green Street is a located in the neighborhood of Gresham in South Side, Chicago.
What is the average sales price for listings in 7540 South Green Street?
The average sales price for units in 7540 South Green Street is $0 currently.

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