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7559 South Hoyne Avenue

7559 South Hoyne Avenue, Chicago, IL 60620
House in Gresham
Sold Sep 22, 2020
$135,000
$87,750 by Nations Reliable Lending Llc
Mortgage Due Aug 01, 2050
Sold Sep 28, 1994
$89,000
$88,800 by James F Messinger & Co Inc
Mortgage Due Oct 01, 2024
Local assessors in Chicago, IL have categorized 7559 South Hoyne Avenue as a residential type of property. The home was built in 1947 and is 77 years old. The property's lot size has been calculated to be 5,460 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7559 South Hoyne Avenue has a total of 1,333 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jul 20, 2020 for $135,000. That's $101.28 per sqft. Prior to that sales transaction, the property was also sold in Sep 9, 1994 for $89,000. 7559 South Hoyne Avenue was last assessed in 2022. The total value of the property was assessed at $14,000. Specifically, the land the property is located on was valued at $4,368. While improvements on the property were assessed at a total of $9,632. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,880. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,460
  • Total Building Area: 1,333
  • Gross Building Area: 1,333
  • Building Area: 1,333
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,333
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: QUINN INC SECOND
  • Land Acres: 0.125
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HARRY M (QUINN) INC (SECOND) ADD SUB OF PT OF DEWEY & VANCE SUB TOGETHER WITH RESUB OF LT 42 IN HARRY M QUINN INC SUB OF PT O

Ownership

  • Current Owner : MOORE SMYLES LATANYA
  • Previous Owner : HARRIS GALE A
  • Owner Before Previous Owner: MARQUETTE NATIONAL BANK

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 710400

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-30-320-001-0000
  • Lot: 42
  • Meridian: SEC 30 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7561
  • Longitude: -87.6761

    Address

  • Full Address: 7559 S Hoyne Ave
  • Address - House Number: 7559
  • Street Direction: S
  • Address - Street Name: Hoyne
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C020
  • 4-Digit Zip Code: 5736
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,880
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2236
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 226,000
  • High Value: 276,542
  • Low Value: 175,458

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $87,750
  • First Open Lien Mortgage Lender: NATIONS RELIABLE LENDING LLC
  • First Open Lien Mortgage Recording Date: Sep 22, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $87,750
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $43,680
  • Market Improvement Value: $96,320

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,000
  • Assessed Land Value: $4,368
  • Assessed Improvements Value: $9,632

    Sales

  • Current Sale Contract Date: Jul 20, 2020
  • Current Sale Recording Date: Sep 22, 2020
  • Current Sale Transaction ID: 11788164668
  • Current Sale Price: $135,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2026607278
  • Previous Sale Recording Date: Sep 28, 1994
  • Previous Sale Contract Date: Sep 09, 1994
  • Previous Sale Amount: $89,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: NATIONS RELIABLE LENDING LLC
  • First Mortgage Transaction Date: Sep 22, 2020
  • First Mortgage Loan Amount: $87,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: JAMES F MESSINGER & CO INC
  • Previous Mortgage Transaction Date: Sep 28, 1994
  • Previous Mortgage Loan Amount: $88,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2024

About South Side



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Frequently Asked Questions

What neighborhood is 7559 South Hoyne Avenue located in?
The 7559 South Hoyne Avenue is a house located in the neighborhood of Gresham in South Side, Chicago.
What is the average sales price for listings in 7559 South Hoyne Avenue?
The average sales price for units in 7559 South Hoyne Avenue is $129,900 , or $97/sqft. currently.

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