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7725 South Laflin Street

7725 South Laflin Street, Chicago, IL 60620
Multifamily in Gresham
1 Units For Sale
Unit for sale at 7725 S Laflin Street, Chicago, IL 60620

$275,000

  • 6 Beds
7725 S Laflin Street, Chicago, IL 60620 Listing by Santiago Valdez

7725 South Laflin Street in Chicago, IL was first built in 1920 and is 104 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 7725 South Laflin Street has 3,062 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,250 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a hot water heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 7725 South Laflin Street sold most recently in Jul 16, 2018 for a total of $185,000. If you work out the math, that's approximately a cost of $60.42 per sqft. Before that, the property was also sold for $170,000 in Oct 23, 2014. 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 $3,085 in taxes each year. 7725 South Laflin Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $15,001. If we break it down further, the land itself was valued at $3,413. Improvements to the property, however, were assessed at a total of $11,588. 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. 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.

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
20210728
07/28/2021
6 Bed
-
-
$309,999
bedrooms
6 Bed
bathrooms
-
-
-
-
Frank Montro
Keller Williams Preferred Rlty

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 3

    Dimensions

  • Lot Size Square Feet: 5,250
  • Total Building Area: 3,062
  • Gross Building Area: 3,062
  • Building Area: 3,062
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 3,062
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JONES SUB
  • Land Acres: 0.121
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: REV HERBERT J (BRODTS) RESUB OF BLK 30 OF JONES SUB O F PT EX CERTAIN TRACTS CONVEYED WH SEC 29-38-14

Ownership

  • Current Owner : SOMIARI FELICIA
  • Previous Owner : DIXON ERIN BERRYESSA
  • Owner Before Previous Owner: JUSTFORRENTALS COM LLC SERIES 1
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 710300

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Subdivision Tract Number: S
  • Parcel: 20-29-312-007-0000
  • Block: 30
  • Lot: 6
  • Meridian: SEC 29 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7532
  • Longitude: -87.6616

    Address

  • Full Address: 7725 S Laflin St
  • Address - House Number: 7725
  • Street Direction: S
  • Address - Street Name: Laflin
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C038
  • 4-Digit Zip Code: 4138
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,085
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 334,051
  • High Value: 419,407
  • Low Value: 248,694

    Market Valuation

  • Market Total Value: $150,010
  • Market Land Value: $34,130
  • Market Improvement Value: $115,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,001
  • Assessed Land Value: $3,413
  • Assessed Improvements Value: $11,588

    Sales

  • Current Sale Contract Date: Jul 16, 2018
  • Current Sale Recording Date: Jul 31, 2018
  • Current Sale Transaction ID: 11489673647
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1821257022
  • Previous Sale Recording Date: Nov 12, 2014
  • Previous Sale Contract Date: Oct 23, 2014
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COREVEST AMERICAN FINANCE LEND
  • First Mortgage Transaction Date: Jul 31, 2018
  • First Mortgage Loan Amount: $138,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BLUESTAR MORTGAGE INC
  • Previous Mortgage Transaction Date: Nov 12, 2014
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $127,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Nov 01, 2044

About South Side



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Frequently Asked Questions

What neighborhood is 7725 South Laflin Street located in?
The 7725 South Laflin Street is a multifamily located in the neighborhood of Gresham in South Side, Chicago.
How many listings are currently for sale in 7725 South Laflin Street?
There is one unit for sale right now.
What is the average sales price for listings in 7725 South Laflin Street?
The average sales price for units in 7725 South Laflin Street is $275,000 currently.

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