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7224 W Talcott Ave; Chicago, IL Property Details

7224 W Talcott Ave, Chicago, IL is a Single Family that was built in 1994. This property is currently Financed,Foreclosure and is not for sale. Our records show that 7224 W Talcott Ave has 4 bedrooms, and 3 bathrooms, and a total of 2,746 square feet. The lot size of 7224 W Talcott Ave is 9,101 square feet.

Off market
7224 W Talcott Ave Chicago, IL 60631
$72,001 Estimated Value
4 Beds
3 Baths
2,746 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1994
  • Purchase Price: $360,000
  • Open Loans / Balance: 1 / $105,165
  • Est. Equity / %: $744,835 / 87.63%
  • Gross Yield: 7.292%
  • APN: 12-01-404-052-0000
  • Situs County: Cook
  • Length Of Ownership: 32 years, 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 7

Structure

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

Measurements

  • Total: 2,746/SqFt
  • Lot: 9,101/SqFt
  • Gross: 2,746/SqFt
  • Living: 2,746/SqFt
  • Building: 2,746/SqFt
  • Price Per Square Foot: $131.10

Legal Description

  • Description: (BURHANS) ADD TO (NORWOOD)(PARK) IN SEC 01-40-12
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: 41.986515 / -87.807755
  • Subdivision: Burhans Add To Norwood Park
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-78

Amenities

  • Plus Four: 3013
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

7224 W Talcott Ave has no associated ownership info
7224 W Talcott Ave has no associated ownership info.

Taxes

7224 W Talcott Ave has 10 associated Taxes items

7224 W Talcott 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 $72,001. The APN we've located for 7224 W Talcott Ave is 12-01-404-052-0000.

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Taxes
  • Assessed Value:  $72,001
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  12-01-404-052-0000
  • Assessed Land Value:  22753
  • Market Land Value:  227530
  • Tax Amount:  10345
  • Tax Year:  2023
  • Market Value:  720010
  • Market Year:  2025

Tax History

7224 W Talcott Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $72,001 Land Value $22,753 Improvement Value $49,248 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $72,001 Land Value $22,753 Improvement Value $49,248 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $10,345 Change Rate +0.029736% Assessed CR Tax Rate
Year 2022 Assessed Value $55,000 Land Value $18,202 Improvement Value $36,798 Tax Amount $10,046.26 Change Rate -0.091661% Assessed CR Tax Rate +0.182659%
Year 2021 Assessed Value $55,000 Land Value $18,202 Improvement Value $36,798 Tax Amount $11,060.03 Change Rate +3.364325% Assessed CR Tax Rate +0.201091%
Year 2020 Assessed Value $11,376 Land Value $11,376 Improvement Value Tax Amount $2,534.19 Change Rate +0.108788% Assessed CR Tax Rate +0.222766%
Year 2019 Assessed Value $11,376 Land Value $11,376 Improvement Value Tax Amount $2,285.55 Change Rate +0.017102% Assessed CR Tax Rate +0.20091%
Year 2018 Assessed Value $11,376 Land Value $11,376 Improvement Value Tax Amount $2,247.12 Change Rate +0.042699% Assessed CR Tax Rate +0.197532%
Year 2017 Assessed Value $10,011 Land Value $10,011 Improvement Value Tax Amount $2,155.1 Change Rate +0.074809% Assessed CR Tax Rate +0.215273%
Year 2016 Assessed Value $10,011 Land Value $10,011 Improvement Value Tax Amount $2,005.1 Change Rate +0.093025% Assessed CR Tax Rate +0.20029%
Year 2015 Assessed Value $10,011 Land Value $10,011 Improvement Value Tax Amount $1,834.45 Change Rate +0.034653% Assessed CR Tax Rate +0.183243%
Year 2014 Assessed Value $9,556 Land Value $9,556 Improvement Value Tax Amount $1,773.01 Change Rate +0.02015% Assessed CR Tax Rate +0.185539%
Year 2013 Assessed Value $9,556 Land Value $9,556 Improvement Value Tax Amount $1,737.99 Change Rate Assessed CR Tax Rate +0.181874%