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7040 N Monon Ave; Chicago, IL Property Details

7040 N Monon Ave, Chicago, IL is a Single Family that was built in 1951. This property is currently Financed and is not for sale. Our records show that 7040 N Monon Ave has 2 bedrooms, and 1.5 bathrooms, and a total of 2,264 square feet. The lot size of 7040 N Monon Ave is 5,625 square feet.

Off market
7040 N Monon Ave Chicago, IL 60646
$64,001 Estimated Value
2 Beds
1.5 Baths
2,264 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1951
  • Purchase Price: $310,000
  • Open Loans / Balance: 2 / $495,270
  • Est. Equity / %: $312,730 / 38.7%
  • Gross Yield: 7.916%
  • APN: 10-32-117-061-0000
  • Situs County: Cook
  • Length Of Ownership: 25 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Masonry
  • Stories: 2
  • Exterior Wall Type: Masonry
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 2,264/SqFt
  • Lot: 5,625/SqFt
  • Gross: 2,264/SqFt
  • Living: 2,264/SqFt
  • Building: 2,264/SqFt
  • Price Per Square Foot: $136.93

Legal Description

  • Description: (WITTBOLDS) (INDIAN) (BOUNDARY) PARK (NUMBER6) SUB OF PT ELY 1/2 OF VICTORIA POTHIERS RESERVE IN TWP41 RGE13 SEC 32-41-13
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chicago Public School District 299
  • Lat / Lon: 42.009933 / -87.77682
  • Subdivision: Wittbolds Indian Boundary Park Number6
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-06

Amenities

  • Plus Four: 1210
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 1

Ownership Info

7040 N Monon Ave has no associated ownership info
7040 N Monon Ave has no associated ownership info.

Taxes

7040 N Monon Ave has 10 associated Taxes items

7040 N Monon Ave, Chicago, IL pays taxes in Cook County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $64,001. The APN we've located for 7040 N Monon Ave is 10-32-117-061-0000.

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Taxes
  • Assessed Value:  $64,001
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  10-32-117-061-0000
  • Assessed Land Value:  17438
  • Market Land Value:  174380
  • Tax Amount:  10061
  • Tax Year:  2023
  • Market Value:  640010
  • Market Year:  2025

Tax History

7040 N Monon Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $64,001 Land Value $17,438 Improvement Value $46,563 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $64,001 Land Value $17,438 Improvement Value $46,563 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $10,061 Change Rate +0.02809% Assessed CR Tax Rate
Year 2022 Assessed Value $51,001 Land Value $14,063 Improvement Value $36,938 Tax Amount $9,786.11 Change Rate +0.020902% Assessed CR Tax Rate +0.191881%
Year 2021 Assessed Value $50,999 Land Value $14,062 Improvement Value $36,937 Tax Amount $9,585.75 Change Rate -0.214704% Assessed CR Tax Rate +0.18796%
Year 2020 Assessed Value $57,897 Land Value $7,593 Improvement Value $50,304 Tax Amount $12,206.55 Change Rate +0.021055% Assessed CR Tax Rate +0.210832%
Year 2019 Assessed Value $62,932 Land Value $7,593 Improvement Value $55,339 Tax Amount $11,954.84 Change Rate +0.017207% Assessed CR Tax Rate +0.189964%
Year 2018 Assessed Value $62,932 Land Value $7,593 Improvement Value $55,339 Tax Amount $11,752.61 Change Rate +0.216041% Assessed CR Tax Rate +0.186751%
Year 2017 Assessed Value $48,271 Land Value $6,750 Improvement Value $41,521 Tax Amount $9,664.65 Change Rate +0.054177% Assessed CR Tax Rate +0.200216%
Year 2016 Assessed Value $48,271 Land Value $6,750 Improvement Value $41,521 Tax Amount $9,167.96 Change Rate +0.096022% Assessed CR Tax Rate +0.189927%
Year 2015 Assessed Value $48,271 Land Value $6,750 Improvement Value $41,521 Tax Amount $8,364.76 Change Rate +0.314222% Assessed CR Tax Rate +0.173287%
Year 2014 Assessed Value $36,873 Land Value $5,625 Improvement Value $31,248 Tax Amount $6,364.8 Change Rate +0.021957% Assessed CR Tax Rate +0.172614%
Year 2013 Assessed Value $36,873 Land Value $5,625 Improvement Value $31,248 Tax Amount $6,228.05 Change Rate Assessed CR Tax Rate +0.168905%