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7922 South Throop Street

7922 South Throop Street, Chicago, IL 60620
Multifamily in Gresham
Sold Oct 13, 2020
$222,000
$217,979 by Fairway Independent Mortgage C
Mortgage Due Sep 01, 2050
Sold Aug 19, 2015
$34,000
7922 South Throop Street in Chicago, IL was first built in 1918 and is 106 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 12 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7922 South Throop Street has 2,756 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 3,968 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. 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 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. The property was last sold in Aug 13, 2020 for $222,000. That's $80.55 per sqft. Prior to that sales transaction, the property was also sold in Jul 7, 2015 for $34,000. 7922 South Throop Street was last assessed in 2022. The total value of the property was assessed at $18,000. Specifically, the land the property is located on was valued at $2,579. While improvements on the property were assessed at a total of $15,421. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,999. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • 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: Tar and gravel
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,968
  • Total Building Area: 2,756
  • Gross Building Area: 2,756
  • Building Area: 2,756
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,756
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AUBURN HIGHLANDS BEING HARTS
  • Land Acres: 0.091
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (AUBURN)(HIGHLANDS) BEING (HARTS) SUB OF BLKS 1,2,7& 8 IN CIRCUIT COURT PARTN NW SEC 32-38-14

Ownership

  • Current Owner : ASH MARSHA T
  • Previous Owner : ELLTE INVEST LLC
  • Owner Before Previous Owner: BANK OF AMERICA NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 710700

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-32-105-023-0000
  • Block: 1,2,7
  • Lot: 37
  • Meridian: SEC 32 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7497
  • Longitude: -87.6564

    Address

  • Full Address: 7922 S Throop St
  • Address - House Number: 7922
  • Street Direction: S
  • Address - Street Name: Throop
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C014
  • 4-Digit Zip Code: 3831
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,999
  • Tax Rate Code Area: 72001

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $238,633
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Oct 13, 2020
  • First Open Lien Mortgage Loan Amount: $217,979
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: May 20, 2022
  • Second Open Lien Mortgage Loan Amount: $20,654
  • Second Open Lien Mortgage Term: 339
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $25,790
  • Market Improvement Value: $154,210

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,000
  • Assessed Land Value: $2,579
  • Assessed Improvements Value: $15,421

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Oct 13, 2020
  • Current Sale Transaction ID: 11792191895
  • Current Sale Price: $222,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2028739288
  • Previous Sale Recording Date: Aug 19, 2015
  • Previous Sale Contract Date: Jul 07, 2015
  • Previous Sale Amount: $34,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 13, 2020
  • First Mortgage Loan Amount: $217,979
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

About South Side



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Frequently Asked Questions

What neighborhood is 7922 South Throop Street located in?
The 7922 South Throop Street is a multifamily located in the neighborhood of Gresham in South Side, Chicago.
What is the average sales price for listings in 7922 South Throop Street?
The average sales price for units in 7922 South Throop Street is $225,000 currently.

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