Check Availability

7944 South Marshfield Avenue

7944 South Marshfield Avenue, Chicago, IL 60620
Property in Gresham
Sold Mar 18, 2022
$238,000
$233,689 by Fairway Independent Mortgage C
Mortgage Due Apr 01, 2052
Sold Jan 29, 1999
$130,000
$117,000 by Atlas Mtg Corp
Mortgage Due Feb 01, 2029
Local assessors in Chicago, IL have categorized 7944 South Marshfield Avenue as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 4,000 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7944 South Marshfield Avenue has a total of 2,590 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Mar 8, 2022 for $238,000. That's $91.89 per sqft. Prior to that sales transaction, the property was also sold in Jan 21, 1999 for $130,000. 7944 South Marshfield Avenue was last assessed in 2023. The total value of the property was assessed at $14,000. Specifically, the land the property is located on was valued at $3,200. While improvements on the property were assessed at a total of $10,800. 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 $2,880. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • 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: 4,000
  • Total Building Area: 2,590
  • Gross Building Area: 2,590
  • Building Area: 2,590
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,590
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BURN HEIGHTS SUB
  • Land Acres: 0.092
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (RESUBDIVISION) OF LTS 29-46 BOTH INCL IN BLK 2 IN AU BURN HEIGHTS SUB EH NE SEC 31-38-14

Ownership

  • Current Owner : WILDER JAY
  • Previous Owner : BURNEY MANAGEMENT GROUP LLC
  • Owner Before Previous Owner: SMITH PATRICIA ANN BAKER
  • Owner Before Previous Owner 2: BAKER PATRICIA ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 710500

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Dec 02, 2036
  • District: 72
  • Parcel: 20-31-206-031-0000
  • Block: 2
  • Lot: 29-46
  • Meridian: SEC 31 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.749
  • Longitude: -87.665

    Address

  • Full Address: 7944 S Marshfield Ave
  • Address - House Number: 7944
  • Street Direction: S
  • Address - Street Name: Marshfield
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C065
  • 4-Digit Zip Code: 4331
  • Zip Code: 60620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,880
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 329,132
  • High Value: 413,231
  • Low Value: 245,032

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $233,689
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Mar 18, 2022
  • First Open Lien Mortgage Loan Amount: $233,689
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $32,000
  • Market Improvement Value: $108,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $3,200
  • Assessed Improvements Value: $10,800

    Sales

  • Current Sale Contract Date: Mar 08, 2022
  • Current Sale Recording Date: Mar 18, 2022
  • Current Sale Transaction ID: 11888778584
  • Current Sale Price: $238,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2207704064
  • Previous Sale Recording Date: Jan 29, 1999
  • Previous Sale Contract Date: Jan 21, 1999
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Mar 18, 2022
  • First Mortgage Loan Amount: $233,689
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ATLAS MTG CORP
  • Previous Mortgage Transaction Date: Jan 29, 1999
  • Previous Mortgage Loan Amount: $117,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Feb 01, 2029

About South Side



Similar Buildings

Property at 7944 South Marshfield Avenue,

7942 South Paulina Street

  • 1 Unit for Sale
7942 South Paulina Street, Chicago, IL 60620
Property at 7944 South Marshfield Avenue,

8022 South Marshfield Avenue

  • 1 Unit for Sale
8022 South Marshfield Avenue, Chicago, IL 60620
Property at 7944 South Marshfield Avenue,

1626 West 79th Street

  • 1 Unit for Sale
1626 West 79th Street, Chicago, IL 60620
Property at 7944 South Marshfield Avenue,

8050 South Ashland Avenue

  • 1 Unit for Sale
8050 South Ashland Avenue, Chicago, IL 60620
Property at 7944 South Marshfield Avenue,

7950 South Justine Street

  • 1 Unit for Sale
7950 South Justine Street, Chicago, IL 60620
Property at 7944 South Marshfield Avenue,

8012 South Justine Street

  • 1 Unit for Sale
8012 South Justine Street, Chicago, IL 60620
Property at 7944 South Marshfield Avenue,

7824 South Paulina Street

  • 1 Unit for Sale
7824 South Paulina Street, Chicago, IL 60620
Property at 7944 South Marshfield Avenue,

7806 South Paulina Street

  • 1 Unit for Sale
7806 South Paulina Street, Chicago, IL 60620
Property at 7944 South Marshfield Avenue,

1614 West 78th Street

  • 1 Unit for Sale
1614 West 78th Street, Chicago, IL 60620

Nearby Rentals

Unit for rent at

$1,000 /mo

  • 1 Bed
  • 2 Baths
  • 1,000 ft²
Listing by Keith Martin
Unit for rent at

$900 /mo

  • 1 Bed
  • 1 Bath
Listing by Ernesto Escalante
Unit for rent at

$1,020 /mo

  • 1 Bed
  • 1 Bath
  • 830 ft²
Listing by Manager
Unit for rent at

$895 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
Listing by Manager
Unit for rent at

$900 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
Listing by Manager
Unit for rent at

$995 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
Listing by Manager
Unit for rent at

$925 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 7944 South Marshfield Avenue located in?
The 7944 South Marshfield Avenue is a located in the neighborhood of Gresham in South Side, Chicago.
What is the average sales price for listings in 7944 South Marshfield Avenue?
The average sales price for units in 7944 South Marshfield Avenue is $0 currently.

Quantcast