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7740 South Lowe Avenue

7740 South Lowe Avenue, Chicago, IL 60620
Townhouse in Gresham
Sold Aug 24, 2010
$13,500
$42,000 by Royal United Mortgage Llc
Mortgage Due Jul 01, 2031
Sold Jul 24, 2008
Transfer
7740 South Lowe Avenue in Chicago, IL was first built in 1885 and is 139 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 row home style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 7740 South Lowe Avenue has 1,810 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. The linear feet across the front of the lot is 1,250 ft and the linear feet between the front and back of the lot is 2,500. In total, the area measurement of the land is 2,520 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a no garage. 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 heating system. 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, 7740 South Lowe Avenue sold most recently in Aug 9, 2010 for a total of $13,500. If you work out the math, that's approximately a cost of $7.46 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 $1,954 in taxes each year. 7740 South Lowe Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $9,500. If we break it down further, the land itself was valued at $1,890. Improvements to the property, however, were assessed at a total of $7,610. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1885
  • Effective Year Built: 1885
  • 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
  • Building Style: Row home
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 4
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,520
  • Lot Size Depth Feet: 2,500
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,810
  • Gross Building Area: 1,810
  • Building Area: 1,810
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,810
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STORKES SUB
  • Land Acres: 0.058
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: (STORKES) SUB OF AUBURN RESUB OF BLKS 1-16 IN EX R.R. LANDS IN BLK 15&16 LT10 BLK 3 LTS 3&4 IN BLK 7 LT 4 NH OF LT 5 BLK 10 &

Ownership

  • Current Owner : THOMAS SYRITA J
  • Previous Owner : MORGAN STANLEY MORTGAGE CAPITAL HOLDINGS
  • Owner Before Previous Owner: ODOM CAROLINE

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 710100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-28-316-028-0000
  • Block: 1-16
  • Lot: 3-5,1
  • Meridian: SEC 28 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7532
  • Longitude: -87.6408

    Address

  • Full Address: 7740 S Lowe Ave
  • Address - House Number: 7740
  • Street Direction: S
  • Address - Street Name: Lowe
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C018
  • 4-Digit Zip Code: 1827
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,954
  • Tax Rate Code Area: 72138

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 95,132
  • High Value: 104,750
  • Low Value: 85,513

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $42,000
  • First Open Lien Mortgage Lender: ROYAL UNITED MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 17, 2011
  • First Open Lien Mortgage Loan Amount: $42,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2031

    Market Valuation

  • Market Total Value: $95,000
  • Market Land Value: $18,900
  • Market Improvement Value: $76,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,500
  • Assessed Land Value: $1,890
  • Assessed Improvements Value: $7,610

    Sales

  • Current Sale Contract Date: Aug 09, 2010
  • Current Sale Recording Date: Aug 24, 2010
  • Current Sale Transaction ID: 1095095435
  • Current Sale Price: $13,500
  • Current Sale Document Type: Corporation Deed
  • Current Sale Input Document Number: 1023626014
  • Previous Sale Recording Date: Jul 24, 2008
  • Previous Sale Contract Date: Jul 23, 2008
  • Previous Sale Document Type: Legal Action/Court Order

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Frequently Asked Questions

What neighborhood is 7740 South Lowe Avenue located in?
The 7740 South Lowe Avenue is a townhouse located in the neighborhood of Gresham in South Side, Chicago.
What is the average sales price for listings in 7740 South Lowe Avenue?
The average sales price for units in 7740 South Lowe Avenue is $0 currently.

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