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7724 South Aberdeen Street

7724 South Aberdeen Street, Chicago, IL 60620
Multifamily in Gresham
7724 South Aberdeen Street has been categorized by the local assessors in Chicago, IL as a residential type of property. The building on the property was first built in 1918 and is 106 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7724 South Aberdeen Street has 2,496 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,720 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. There is a single fireplace in the home. Perfect for those wintery 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, 7724 South Aberdeen Street sold most recently in May 22, 2003 for a total of $165,000. If you work out the math, that's approximately a cost of $66.11 per sqft. 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 $4,731 in taxes each year. 7724 South Aberdeen Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $23,000. 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 $20,582. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Brick Exterior

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210405
04/05/2021
6 Bed
-
-
$262,000
bedrooms
6 Bed
bathrooms
-
-
-
-
Demingo Davis
Illinois Real Estate Partners Inc

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • 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: 2,496
  • Gross Building Area: 2,496
  • Building Area: 2,496
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 2,496
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FISHER & MILLERS SECOND
  • Land Acres: 0.085
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (FISHER) & (MILLERS) (SECOND) ADD TO WEST AUBURN SUB OF BLK 23 IN SUB OF PT EX N 99FT SE SEC 29-38-14

Ownership

  • Current Owner : MACON CHESTER L
  • Previous Owner : CHICAGO TITLE LAND TRUST CO
  • Owner Generation Identifier: JR

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: 20-29-417-027-0000
  • Block: 23
  • Lot: 9
  • Meridian: SEC 29 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7534
  • Longitude: -87.6517

    Address

  • Full Address: 7724 S Aberdeen St
  • Address - House Number: 7724
  • Street Direction: S
  • Address - Street Name: Aberdeen
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C079
  • 4-Digit Zip Code: 2914
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,731
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 373,357
  • High Value: 468,756
  • Low Value: 277,957

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $199,400
  • First Open Lien Mortgage Lender: RESIDENTIAL LOAN CENTERS OF AM
  • First Open Lien Mortgage Recording Date: Oct 28, 2008
  • First Open Lien Mortgage Loan Amount: $199,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2038

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $24,180
  • Market Improvement Value: $205,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $2,418
  • Assessed Improvements Value: $20,582

    Sales

  • Current Sale Contract Date: May 22, 2003
  • Current Sale Recording Date: Jul 24, 2003
  • Current Sale Transaction ID: 1084596080
  • Current Sale Price: $165,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 0320533015

    Last Sale Mortgage

  • First Mortgage Lender: ARGENT MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: Jul 24, 2003
  • First Mortgage Loan Amount: $148,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jul 01, 2033

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About South Side



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7724 South Aberdeen Street located in?
The 7724 South Aberdeen Street is a multifamily located in the neighborhood of Gresham in South Side, Chicago.
What is the average sales price for listings in 7724 South Aberdeen Street?
The average sales price for units in 7724 South Aberdeen Street is $0 currently.

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