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7223 W Clarence Ave; Chicago, IL Property Details

7223 W Clarence Ave, Chicago, IL is a Single Family that was built in 1924. This property is currently a cash purchase and is not for sale. Our records show that 7223 W Clarence Ave has 1 bedroom, and 1 bathroom, and a total of 1,405 square feet. The lot size of 7223 W Clarence Ave is 4,000 square feet.

Off market
7223 W Clarence Ave Chicago, IL 60631
$185,000 Listing Price
1 Beds
1 Baths
1,405 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1924
  • Purchase Price: $185,000
  • Est. Equity / %: $372,000 / 100%
  • Gross Yield: 11.794%
  • APN: 12-01-213-063-0000
  • Situs County: Cook
  • Length Of Ownership: 12 years, 3 months

Rooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 1,405/SqFt
  • Lot: 4,000/SqFt
  • Gross: 1,405/SqFt
  • Living: 1,405/SqFt
  • Building: 1,405/SqFt
  • Price Per Square Foot: $131.67
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: 41.99428 / -87.80778
  • Subdivision: Lowrys Second Add To Norwood Park I
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-05

Amenities

  • Plus Four: 1926
  • Cooling: Yes
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

7223 W Clarence Ave has no associated ownership info
7223 W Clarence Ave has no associated ownership info.

Taxes

7223 W Clarence Ave has 10 associated Taxes items

7223 W Clarence 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 $40,000. The APN we've located for 7223 W Clarence Ave is 12-01-213-063-0000.

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Taxes
  • Assessed Value:  $40,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  12-01-213-063-0000
  • Assessed Land Value:  10000
  • Market Land Value:  100000
  • Tax Amount:  5493
  • Tax Year:  2023
  • Market Value:  400000
  • Market Year:  2025

Tax History

7223 W Clarence Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $40,000 Land Value $10,000 Improvement Value $30,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $40,000 Land Value $10,000 Improvement Value $30,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $5,493 Change Rate +0.073707% Assessed CR Tax Rate
Year 2022 Assessed Value $32,000 Land Value $8,000 Improvement Value $24,000 Tax Amount $5,115.92 Change Rate +0.040483% Assessed CR Tax Rate +0.159873%
Year 2021 Assessed Value $32,000 Land Value $8,000 Improvement Value $24,000 Tax Amount $4,916.87 Change Rate -0.12618% Assessed CR Tax Rate +0.153652%
Year 2020 Assessed Value $28,361 Land Value $5,000 Improvement Value $23,361 Tax Amount $5,626.87 Change Rate +0.009733% Assessed CR Tax Rate +0.198402%
Year 2019 Assessed Value $31,166 Land Value $5,000 Improvement Value $26,166 Tax Amount $5,572.63 Change Rate +0.017325% Assessed CR Tax Rate +0.178805%
Year 2018 Assessed Value $31,166 Land Value $5,000 Improvement Value $26,166 Tax Amount $5,477.73 Change Rate +0.079926% Assessed CR Tax Rate +0.17576%
Year 2017 Assessed Value $26,938 Land Value $4,400 Improvement Value $22,538 Tax Amount $5,072.32 Change Rate -0.059881% Assessed CR Tax Rate +0.188296%
Year 2016 Assessed Value $26,938 Land Value $4,400 Improvement Value $22,538 Tax Amount $5,395.4 Change Rate +0.234058% Assessed CR Tax Rate +0.20029%
Year 2015 Assessed Value $28,356 Land Value $4,400 Improvement Value $23,956 Tax Amount $4,372.08 Change Rate -0.082207% Assessed CR Tax Rate +0.154185%
Year 2014 Assessed Value $25,675 Land Value $4,000 Improvement Value $21,675 Tax Amount $4,763.69 Change Rate +3.006569% Assessed CR Tax Rate +0.185538%
Year 2013 Assessed Value $25,675 Land Value $4,000 Improvement Value $21,675 Tax Amount $1,188.97 Change Rate Assessed CR Tax Rate +0.046308%