This property
$275,000
$275,000
Similar homes for sale
$225,567
$225,567
Recently sold homes
$238,667
$238,667
7842 S Essex Ave, Chicago IL 60649
3 ba 3,619 sqft Multi-Family Home|
Sold for $275,000 on Jan 6th, 2009 |
Description provided by Trulia.
Description provided by Realty Trac.
Listing Details
| Status | Sold |
| Full bathrooms | 3 |
| Price/sqft | $76 |
| Year built | 1926 |
| ZIP code | 60649 |
| Neighborhood | South Shore |
Public Records
| Street # | 7842 |
| Street | S Essex Ave |
| City | Chicago |
| ZIP code | 60649 |
| Baths | 3.0 |
| Year built | 1926 |
| Sqft | 3,619 sqft |
| Lot Size | 0.08 acres |
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 01/06/2009 | Sold | $275,000 | Public record |
| 03/15/2005 | Sold | $384,000 | Public record |
Street view
Similar homes for sale
Average listing price is $225,567
Recently sold homes
Average sales price is $238,667
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| This home | ||
|---|---|---|
| Sales price: | $275,000 | |
| Compared to similar homes | ||
|---|---|---|
| Avg. listing price: | $225,567 | +22% |
| Avg. sales price: | $238,667 | +15% |
| Avg. price/sqft: | $99 | -23% |
| Compared to South Shore | ||
|---|---|---|
| Avg. listing price: | $195,493 | +41% |
| Avg. sales price: | $97,540 | +182% |
| Avg. price/sqft: | $53 | +43% |
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
| This home | ||
|---|---|---|
| Sales price: | $275,000 | |
| Compared to Chicago | ||
|---|---|---|
| Avg. listing price: | $466,447 | -41% |
| Avg. sales price: | $274,268 | +0% |
| Avg. price/sqft: | $115 | -34% |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
|
Bradwell Elementary School
Chicago Public School District 299 |
Public | 0.41 | ||
|
Mann Elementary School
Chicago Public School District 299 |
Public | 0.6 | ||
| The school is trying to improve but they are a long way off. Everyone is to blame from the principal to the parents. Discipline is a very big issue. The… | ||||
|
Powell Elementary School
Chicago Public School District 299 |
Public | 0.67 | ||
| I am very displeased with the school. They are extremely unprofessional, they discourage parent involvement, they do not care about the children; they… | ||||
|
Coles Elementary School
Chicago Public School District 299 |
Public | 0.71 | ||
| At one point coles it had looked as if Coles was making a turn for the better. I believe that it was a front to get parents support, when in reality the… | ||||
|
South Chicago Community School
Chicago Public School District 299 |
Public | 0.84 | ||
View all schools in:
Chicago Public School District 299
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
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| Communities near 7842 S Essex Ave, Chicago | ||||||||||||||
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This Multi-Family Home located at 7842 S Essex Ave, Chicago IL, 60649 sold for $275,000 on Jan 6, 2009. 7842 S Essex Ave is has 3 baths and approximately 3,619 square feet. The property has a lot size of 3,462 square feet and was built in 1926. 7842 S Essex Ave is in the South Shore neighborhood in Chicago, IL and in ZIP Code 60649. The most recent sale price of $275,000 is 22% higher than the average list price of $225,567 for similar homes for sale, 41% higher than the average list price of $195,493 for South Shore, 33% higher than the average list price of $206,913 for 60649, and 41% lower than the average list price of $466,447 for Chicago, IL. The most recent sale is 15% higher than the average sale price of $238,667 for similar homes for sale, 182% higher than the average sale price of $97,540 for South Shore sold homes, 157% higher than the average sale price of $107,103 for 60649 sold homes, and 41% lower than the average sale price of $274,268 for Chicago sold homes. 7842 S Essex Ave previously sold for $275,000 on Jan 6, 2009 and $384,000 on Mar 15, 2005.
School information provided by OnBoard Informatics Copyright (c) 2008. Information is deemed reliable but not guaranteed.
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Pre-Foreclosure (Notice of Default or Lis Pendens)
The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Auction (Notice of Trustee Sale or Notice of Foreclosure Sale) If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Bank-owned (Real Estate Owned) If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. |
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Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms). Home buyers should note that property value estimates are affected by many factors and should only be used as a guide. Factors affecting home values include things like:
For further advice when evaluating a home, contact a local real estate professional. |
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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