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7224 W Ibsen St; Chicago, IL Property Details

7224 W Ibsen St, 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 7224 W Ibsen St has 4 bedrooms, and 2 bathrooms, and a total of 2,252 square feet. The lot size of 7224 W Ibsen St is 4,720 square feet.

Off market
7224 W Ibsen St Chicago, IL 60631
$61,000 Estimated Value
4 Beds
2 Baths
2,252 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1951
  • Purchase Price: $184,000
  • Open Loans / Balance: 2 / $46,946
  • Est. Equity / %: $579,054 / 92.5%
  • Gross Yield: 8.252%
  • APN: 09-36-223-024-0000
  • Situs County: Cook
  • Length Of Ownership: 28 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

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

Measurements

  • Total: 2,252/SqFt
  • Lot: 4,720/SqFt
  • Gross: 2,252/SqFt
  • Living: 2,252/SqFt
  • Building: 2,252/SqFt
  • Price Per Square Foot: $81.71

Legal Description

  • Description: ARTHUR (DUNAS)(VILLA) RESUB IN EH NE SEC 36-41-12
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: 42.006508 / -87.80777
  • Subdivision: Dunas Villa
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-06

Amenities

  • Plus Four: 1101
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

7224 W Ibsen St has no associated ownership info
7224 W Ibsen St has no associated ownership info.

Taxes

7224 W Ibsen St has 10 associated Taxes items

7224 W Ibsen St, 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 $61,000. The APN we've located for 7224 W Ibsen St is 09-36-223-024-0000.

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Taxes
  • Assessed Value:  $61,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  09-36-223-024-0000
  • Assessed Land Value:  11800
  • Market Land Value:  118000
  • Tax Amount:  9845
  • Tax Year:  2023
  • Market Value:  610000
  • Market Year:  2025

Tax History

7224 W Ibsen St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $61,000 Land Value $11,800 Improvement Value $49,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $61,000 Land Value $11,800 Improvement Value $49,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $9,845 Change Rate +0.028124% Assessed CR Tax Rate
Year 2022 Assessed Value $49,976 Land Value $9,440 Improvement Value $40,536 Tax Amount $9,575.69 Change Rate +0.02086% Assessed CR Tax Rate +0.191606%
Year 2021 Assessed Value $49,976 Land Value $9,440 Improvement Value $40,536 Tax Amount $9,380.02 Change Rate -0.010138% Assessed CR Tax Rate +0.18769%
Year 2020 Assessed Value $45,640 Land Value $6,372 Improvement Value $39,268 Tax Amount $9,476.09 Change Rate -0.002481% Assessed CR Tax Rate +0.207627%
Year 2019 Assessed Value $50,712 Land Value $6,372 Improvement Value $44,340 Tax Amount $9,499.66 Change Rate +0.017229% Assessed CR Tax Rate +0.187326%
Year 2018 Assessed Value $50,712 Land Value $6,372 Improvement Value $44,340 Tax Amount $9,338.76 Change Rate +0.097891% Assessed CR Tax Rate +0.184153%
Year 2017 Assessed Value $42,889 Land Value $5,664 Improvement Value $37,225 Tax Amount $8,506.09 Change Rate +0.051433% Assessed CR Tax Rate +0.198328%
Year 2016 Assessed Value $42,889 Land Value $5,664 Improvement Value $37,225 Tax Amount $8,090 Change Rate -0.026454% Assessed CR Tax Rate +0.188626%
Year 2015 Assessed Value $47,971 Land Value $5,664 Improvement Value $42,307 Tax Amount $8,309.83 Change Rate +0.217105% Assessed CR Tax Rate +0.173226%
Year 2014 Assessed Value $39,367 Land Value $4,720 Improvement Value $34,647 Tax Amount $6,827.54 Change Rate +0.021837% Assessed CR Tax Rate +0.173433%
Year 2013 Assessed Value $39,367 Land Value $4,720 Improvement Value $34,647 Tax Amount $6,681.63 Change Rate Assessed CR Tax Rate +0.169727%