Check Availability
$170,000
↓ $15K (8.1%)
House - For Sale

7557 S King Drive

Chicago, IL 60619
bedrooms
3 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
1406 Sqft
$897
Estimated Monthly
$0
HOA / Fees
10.30%
Cap Rate

About This Property

SPACIOUS HOME LOCATED IN GREATER GRAND CROSSING NEIGHBORHOOD.  THIS 4 BEDROOM, 3 BATH HOME HAS OPEN FLOOR PLAN WITH LIVING ROOM, DINING ROOM & KITCHEN.  BASEMENT HAS FAMILY ROOM, 4TH BEDROOM AND FULL BATH ON LOWER LEVEL.  ENCLOSED BACK PORCH, WHICH LEADS TO OUTDOOR DECK AND LARGE BACKYARD. PERFECT HOME FOR FIRST TIME BUYERS LOOKING TO ADD THEIR STYLE & UPDATES OR INVESTORS WHO'LL SEE MANY POTENTIALS WITH A FHA203K.  PROPERTY SOLD AS-IS.

The manager has listed the unit size as 1406 square feet.
Unit Size
1,406Ft²
Days on Market
167 days
Land Size
-
Price per sqft
$121
Property Type
House
Property Taxes
$61
HOA Dues
-
Year Built
1920
Listed By
Naomi Brownlow-Nelson
Elite Executives Real Estate
Last updated: 4 months ago (MREDIL #11931100)

Price History

Date / Event Date Event Price
Jan 12, 2024 Price Decreased $170,000
↓ $15K (8.1%)
Price Decreased
Nov 14, 2023 Listed by http://www.Elite Executive Real Estate LTD $185,000
Listed by http://www.Elite Executive Real Estate LTD

Property Highlights

Exterior Details

Exterior Information

Brick

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 3,417
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,406
  • Gross Building Area: 1,406
  • Building Area: 1,406
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,406
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WAKEFORD SIXTH
  • Land Acres: 0.078
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WAKEFORD)(SIXTH) ADD BEING F T CRAWFORDS SUB OF PT L YING N OF S 90RODS & W OF E 503FT WH SE SEC 27-38-14

Ownership

  • Current Owner : FERRELL BRYANT
  • Previous Owner : WATERFORD PROPERTIES CONSULTANTS
  • Owner Before Previous Owner: IRWIN JOI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 691400

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-27-400-020-0000
  • Block: 4
  • Lot: 28,29
  • Meridian: SEC 27 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7567
  • Longitude: -87.6148

    Address

  • Full Address: 7557 S King Dr
  • Address - House Number: 7557
  • Street Direction: S
  • Address - Street Name: King
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Chicago
  • Carrier Code: C049
  • 4-Digit Zip Code: 2207
  • Zip Code: 60619

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,353
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 162,503
  • High Value: 178,933
  • Low Value: 146,072

    Market Valuation

  • Market Total Value: $100,000
  • Market Land Value: $42,710
  • Market Improvement Value: $57,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,000
  • Assessed Land Value: $4,271
  • Assessed Improvements Value: $5,729

    Sales

  • Current Sale Contract Date: Dec 01, 2017
  • Current Sale Recording Date: Dec 20, 2017
  • Current Sale Transaction ID: 11340099795
  • Current Sale Price: $70,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1735446037
  • Previous Sale Recording Date: Mar 20, 2017
  • Previous Sale Contract Date: Feb 28, 2017
  • Previous Sale Document Type: Sheriff's Deed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,424 ft²
$119/ft²
$169,900 Sep 19, 2023
-
$251/mo
House
3 Beds
1.5 Baths
954 ft²
$177/ft²
$169,000 Nov 30, 2022
-
$107/mo
House
4 Beds
1 Bath
1,458 ft²
$120/ft²
$175,000 Oct 29, 2023
-
-
House
2 Beds
3 Baths
1,152 ft²
$174/ft²
$200,000 Oct 10, 2023
-
$126/mo
House
5 Beds
1.5 Baths
1,525 ft²
$98/ft²
$150,000 Jul 10, 2023
-
$7/mo
Multifamily
2 Beds
-
-
$199,000 Sep 26, 2023
-
$90/mo
Multifamily
6 Beds
-
-
$195,000 Sep 29, 2023
-
$369/mo
Multifamily
8 Beds
-
-
$180,000 Nov 10, 2023
-
$343/mo
Multifamily
7 Beds
-
-
$198,000 Sep 28, 2023
-
$201/mo
Multifamily
6 Beds
-
-
$164,900 Oct 28, 2023
-
$235/mo
Commercial
Loft
-
3,816 ft²
$39/ft²
$149,900 Aug 25, 2021
-
$445/mo
Commercial
Loft
-
4,330 ft²
$44/ft²
$189,000 May 31, 2023
-
$207/mo

About South Side


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Frequently Asked Questions

When was property at 7557 South King Drive built and last sold?
The property at 7557 South King Drive was built in 1920 and last sold on Dec 1, 2017 for $70,000.
How much is this home worth?
The estimated value of the home located at 7557 South King Drive is $174,646.
What are some comparable homes to 7557 South King Drive?
Homes that are comparable to 7557 South King Drive include a house property at 911 East 76th Street, 7805 South Michigan Avenue, 7711 South Prairie Avenue.

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