See Home Value
Chicago 60619 Chatham
7632 South RHODES Avenue
$100,245*
House - Off Market

7632 South RHODES Avenue

Chicago, IL 60619
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1600 Sqft
$80,000 - $90,000
Reference Base Price*
11.51%
Since Dec 1, 2021
National-US
Primary Model
Sold Feb 25, 2022
Transfer
Sold Apr 26, 2012
$36,000

About This Property

Attention all investors! We are looking for a CASH Investor for this underpriced money making machine. Walk through video available upon request. Do we have an opportunity for you on this. Priced way below market value and ready for a quick sale. This property is corporate owned and used as a rental unit. There's currently a HCV  (Section 8) renter who has been there for five years.  Great tenant, any investor would be happy to own this guaranteed money maker. This property is being rented at $1156 a month. This property has 4 bedrooms, 2 full bathrooms and a full finished basement. This property was a Full gut rehab inside and out in 2010. The roof, windows, furnace, appliances and more was brand new at that time. It has also beed updated in 2018. Buy and hold to collect rent or flip and make a good chunk of money quick. Your choice.

The manager has listed the unit size as 1600 square feet.
Unit Size
1,600Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$56
Property Type
House
Property Taxes
$208
HOA Dues
-
Year Built
1914

Price History

Date / Event Date Event Price
Nov 8, 2021 No longer available -
No longer available
Oct 11, 2021 In contract -
In contract
Oct 6, 2021 Listed $89,900
Listed
Aug 24, 2021 No longer available -
No longer available
Aug 7, 2021 Price Decreased $94,900
↓ $5K (5%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,100
  • Lot Size Depth Feet: 250
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 933
  • Gross Building Area: 933
  • Building Area: 933
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 933
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WAKEFORD FIFTH
  • Land Acres: 0.071
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WAKEFORD)(FIFTH) ADD BEING B F CRAWFORDS SUB OF E 50 3FT OF PT LYING N OF S 90RODS WH SE SEC 27-38-14

Ownership

  • Current Owner : LAKEVIEW RE HOLDING 4 LLC
  • Previous Owner : CARRINGTON COMMUNITY LLC
  • Owner Before Previous Owner: ITASCA BANK & TRUST CO
  • Current Owner Is a Corporation Indicator: Yes

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: 20-27-410-031-0000
  • Block: 3
  • Lot: 14
  • Meridian: SEC 27 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7556
  • Longitude: -87.6117

    Address

  • Full Address: 7632 S Rhodes Ave
  • Address - House Number: 7632
  • Street Direction: S
  • Address - Street Name: Rhodes
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C068
  • 4-Digit Zip Code: 2408
  • Zip Code: 60619

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,645
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 134,069
  • High Value: 164,682
  • Low Value: 103,456

    Market Valuation

  • Market Total Value: $79,990
  • Market Land Value: $38,750
  • Market Improvement Value: $41,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,999
  • Assessed Land Value: $3,875
  • Assessed Improvements Value: $4,124

    Sales

  • Current Sale Contract Date: Nov 04, 2021
  • Current Sale Recording Date: Feb 25, 2022
  • Current Sale Transaction ID: 11886605549
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2205607053
  • Previous Sale Recording Date: Apr 26, 2012
  • Previous Sale Contract Date: Mar 15, 2012
  • Previous Sale Amount: $36,000
  • Previous Sale Document Type: Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
1.5 Baths
979 ft²
$92/ft²
$90,000 Jun 7, 2022
-
-
House
3 Beds
1.5 Baths
1,524 ft²
$58/ft²
$88,400 Jan 10, 2023
-
$64/mo
House
1 Bed
2 Baths
966 ft²
$78/ft²
$74,900 Sep 19, 2022
-
$159/mo

About South Side


Similar Homes for Sale

Unit for sale at 7828 South Rhodes Avenue, Chicago, IL 60619

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Nearby Rentals

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$20 /mo

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Listing by Beth Johnson
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$3,500 /mo

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  • 2,700 ft²
Listing by Lateefah Neal
Unit for rent at

$3,950 /mo

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  • 3.5 Baths
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Listing by Gedeon Lena Jean Dansou Jr


Frequently Asked Questions

When was property at 7632 South Rhodes Avenue built and last sold?
The property at 7632 South Rhodes Avenue was built in 1914 and last sold on Nov 4, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 7632 South Rhodes Avenue is $96,665.
What are some comparable homes to 7632 South Rhodes Avenue?
There are currently no comparable homes to 7632 South Rhodes Avenue.

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