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7824 North Oconto Avenue

7824 North Oconto Avenue, Niles, IL 60714
House in Niles
Sold Jul 20, 2022
$369,000
Sold Jul 06, 2020
$241,000
7824 North Oconto Avenue in Niles, IL was first built in 1956 and is 68 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 bungalow style. It is a single story home. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7824 North Oconto Avenue has 1,472 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 6,768 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 is one available parking space. 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 frame 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. 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, 7824 North Oconto Avenue was last sold in Jul 19, 2022 for $369,000. According to our calculations, that's $250.68 per sqft. Prior to that sales transaction, the property was sold for $241,000 in May 28, 2020. Current property owners are expected to pay $7,137 in taxes per year. The property on 7824 North Oconto Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $31,000. To break that down further, the land itself was valued at $7,445. While improvements to the property were assessed at a total of $23,555. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,768
  • Total Building Area: 1,472
  • Gross Building Area: 1,472
  • Building Area: 1,472
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,472
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GEN - MOR SUB UNIT2
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (GEN)-(MOR) SUB (UNIT2) A SUB OF PT SH NH NE SEC 25-41-12

Ownership

  • Current Owner : CHARVET KEVIN
  • Current Owner 2: CHARVET XYRELLE
  • Previous Owner : TOP PROPERTIES GROUP LLC
  • Owner Before Previous Owner: WEST SUBURBAN BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Park Ridge Consolidated Community School District 64
  • Census Tract: 805402

Geography

  • District: 22
  • Parcel: 09-25-219-026-0000
  • Lot: 21
  • Meridian: SEC 25 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0234
  • Longitude: -87.8081

    Address

  • Full Address: 7824 N Oconto Ave
  • Legal Unit: 2
  • Address - House Number: 7824
  • Street Direction: N
  • Address - Street Name: Oconto
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Niles
  • Carrier Code: C044
  • 4-Digit Zip Code: 2906
  • Zip Code: 60714

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,137
  • Tax Rate Code Area: 22022

    Appraisal Valuation

  • Standard Deviation: 0.2458
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 375,570
  • High Value: 467,902
  • Low Value: 283,238

    Market Valuation

  • Market Total Value: $310,000
  • Market Land Value: $74,450
  • Market Improvement Value: $235,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,000
  • Assessed Land Value: $7,445
  • Assessed Improvements Value: $23,555

    Sales

  • Current Sale Contract Date: Jul 19, 2022
  • Current Sale Recording Date: Jul 20, 2022
  • Current Sale Transaction ID: 11905370287
  • Current Sale Price: $369,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20227
  • Previous Sale Recording Date: Jul 06, 2020
  • Previous Sale Contract Date: May 28, 2020
  • Previous Sale Amount: $241,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 20, 2022
  • First Mortgage Loan Amount: $241,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Aug 01, 2037

About Niles



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Frequently Asked Questions

What neighborhood is 7824 North Oconto Avenue located in?
The 7824 North Oconto Avenue is a house located in the neighborhood of Niles in Niles, Niles.
What is the average sales price for listings in 7824 North Oconto Avenue?
The average sales price for units in 7824 North Oconto Avenue is $0 currently.

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