See Home Value
$50,000 - $60,000
House - Off Market

7843 S Drexel Avenue

Chicago, IL 60619
bedrooms
3 Beds
bathrooms
1.5 Baths, 1 Half Bath
square feet
1251 Sqft
Transfer
Owner

About This Property

Property Needs Full Gut Rehab. Most Recent Comps support $285k+ BRING OFFERS. SOLD AS IS.

The manager has listed the unit size as 1251 square feet.
Unit Size
1,251Ft²
Days on Market
-
Land Size
-
Price per sqft
$40
Property Type
House
Property Taxes
$74
HOA Dues
-
Year Built
1910

Price History

Date / Event Date Event Price
Mar 28, 2024 No longer available -
No longer available
Feb 10, 2024 In contract -
In contract
Jan 26, 2024 Price Decreased $50,000
↓ $7K (12.3%)
Price Decreased
Nov 17, 2023 Listed $57,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • 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: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,906
  • Total Building Area: 1,251
  • Gross Building Area: 1,251
  • Building Area: 1,251
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,251
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORNELL 26
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 691500

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-26-319-016-0000
  • Block: 89
  • Lot: 29,30
  • Meridian: SEC 26 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7518
  • Longitude: -87.6025

    Address

  • Full Address: 7843 S Drexel Ave
  • Address - House Number: 7843
  • Street Direction: S
  • Address - Street Name: Drexel
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C034
  • 4-Digit Zip Code: 3211
  • Zip Code: 60619

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $665
  • Tax Rate Code Area: 70001

    Appraisal Valuation

  • Standard Deviation: 0.1024
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 90
  • Final Value: 47,319
  • High Value: 52,169
  • Low Value: 42,469

    Market Valuation

  • Market Total Value: $73,390
  • Market Land Value: $48,830
  • Market Improvement Value: $24,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,339
  • Assessed Land Value: $4,883
  • Assessed Improvements Value: $2,456



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
920 ft²
$50/ft²
$46,000 Aug 6, 2023
-
$374/mo
House
1 Bed
1 Bath
-
$49,000 Jan 30, 2024
-
$313/mo
House
6 Beds
2 Baths
-
$55,000 Nov 13, 2023
-
$159/mo
Land
Loft
-
-
$60,000 Dec 11, 2023
-
$95/mo

About Far South Chicago


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Frequently Asked Questions

When was property at 7843 South Drexel Avenue built and last sold?
The property at 7843 South Drexel Avenue was built in 1910 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7843 South Drexel Avenue is $64,175.
What are some comparable homes to 7843 South Drexel Avenue?
Homes that are comparable to 7843 South Drexel Avenue include a house property at 7410 South Langley Avenue, a land property at 625 East 75th Street, a house property at 917 East 78th Street.

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