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7721 South Chappel Avenue

7721 South Chappel Avenue, Chicago, IL 60649
Property in South Shore
Sold Jul 28, 2014
$165,000
$148,410 by Inland Home Mortgage Co Llc
Mortgage Due Aug 01, 2044
Sold Jan 24, 2012
Transfer
Local assessors in Chicago, IL have categorized 7721 South Chappel Avenue as a residential type of property. The home was built in 1922 and is 102 years old. The property's lot size has been calculated to be 4,000 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. 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, 2 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7721 South Chappel Avenue has a total of 1,086 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 hot water heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7721 South Chappel Avenue was last sold in Jul 15, 2014 for $165,000. According to our calculations, that's $151.93 per sqft. Current property owners are expected to pay $2,263 in taxes per year. The property on 7721 South Chappel Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $11,000. To break that down further, the land itself was valued at $5,000. While improvements to the property were assessed at a total of $6,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,000
  • Total Building Area: 1,086
  • Gross Building Area: 1,086
  • Building Area: 1,086
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,086
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LITTLES
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CLAYTON PAUL
  • Previous Owner : MILANOWSKI PIOTR
  • Owner Before Previous Owner: LEE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 431200

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-25-417-007-0000
  • Block: 1
  • Lot: 25,26
  • Meridian: SEC 25 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7546
  • Longitude: -87.5745

    Address

  • Full Address: 7721 S Chappel Ave
  • Address - House Number: 7721
  • Street Direction: S
  • Address - Street Name: Chappel
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C012
  • 4-Digit Zip Code: 4103
  • Zip Code: 60649

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,263
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 182,896
  • High Value: 224,658
  • Low Value: 141,133

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $148,410
  • First Open Lien Mortgage Lender: INLAND HOME MORTGAGE CO LLC
  • First Open Lien Mortgage Recording Date: Jul 28, 2014
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $148,410
  • 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, 2044

    Market Valuation

  • Market Total Value: $110,000
  • Market Land Value: $50,000
  • Market Improvement Value: $60,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,000
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $6,000

    Sales

  • Current Sale Contract Date: Jul 15, 2014
  • Current Sale Recording Date: Jul 28, 2014
  • Current Sale Transaction ID: 1079924310
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1420922033
  • Previous Sale Recording Date: Jan 24, 2012
  • Previous Sale Contract Date: Jan 16, 2012
  • Previous Sale Document Type: Legal Action/Court Order

    Last Sale Mortgage

  • First Mortgage Lender: INLAND HOME MORTGAGE CO LLC
  • First Mortgage Transaction Date: Jul 28, 2014
  • First Mortgage Loan Amount: $148,410
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2044

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 7721 South Chappel Avenue located in?
The 7721 South Chappel Avenue is a located in the neighborhood of South Shore in Far South Chicago, Chicago.
What is the average sales price for listings in 7721 South Chappel Avenue?
The average sales price for units in 7721 South Chappel Avenue is $0 currently.

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