Taxes
- Assessed Value: $44,000
- Assessed Year: 2025
- Assessed County: Cook
- APN: 09-36-228-010-0000
- Assessed Land Value: 13000
- Market Land Value: 130000
- Tax Amount: 9428
- Tax Year: 2023
- Market Value: 440000
- Market Year: 2025
7225 W Ibsen St; Chicago, IL Property Details
Off market
7225 W Ibsen St Chicago, IL 60631
$480,000 Listing Price
2 Beds
1.5 Baths
1,591 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1927
- Purchase Price: $480,000
- Open Loans / Balance: 1 / $392,438
- Est. Equity / %: $296,562 / 43.04%
- Gross Yield: 6.583%
- APN: 09-36-228-010-0000
- Situs County: Cook
- Length Of Ownership: 8 years, 3 months
Rooms
- Bedrooms: 2
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 6
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 1
- Exterior Wall Type: Masonry
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
Measurements
- Total: 1,591/SqFt
- Lot: 5,200/SqFt
- Gross: 1,591/SqFt
- Living: 1,591/SqFt
- Building: 1,591/SqFt
- Ground: 1,591/SqFt
- Price Per Square Foot: $301.70
Legal Description
- Description: WEST10 FT LOT55 E30 FT LOT56&2 CIRC UIT COURT PARTITION E2NE4 S36 T41N R12E 3P
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: 42.00604 / -87.80777
- Subdivision: H H Barbours Harlem Ave Gar
- Property Class: Residential
- Zoning: RS-2
- County Use Code: 2-03
Amenities
- Plus Four: 1102
- Cooling: Central
- Garage: Detached Garage
- Heating: Yes
- Parking: 2
Ownership Info
7225 W Ibsen St has no associated ownership info
7225 W Ibsen St has no associated ownership info.
Taxes
7225 W Ibsen St has 10 associated Taxes items
7225 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 $44,000. The APN we've located for 7225 W Ibsen St is 09-36-228-010-0000.
Unlock the full reportTax History
7225 W Ibsen St has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $44,000 | Land Value $13,000 | Improvement Value $31,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $44,000 | Land Value $13,000 | Improvement Value $31,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value | Land Value | Improvement Value | Tax Amount $9,428 | Change Rate +0.028216% | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $48,000 | Land Value $10,400 | Improvement Value $37,600 | Tax Amount $9,169.28 | Change Rate -0.050051% | Assessed CR | Tax Rate +0.191027% |
| Year 2021 | Assessed Value $48,000 | Land Value $10,400 | Improvement Value $37,600 | Tax Amount $9,652.39 | Change Rate +0.243906% | Assessed CR | Tax Rate +0.201091% |
| Year 2020 | Assessed Value $34,833 | Land Value $7,020 | Improvement Value $27,813 | Tax Amount $7,759.74 | Change Rate -0.002106% | Assessed CR | Tax Rate +0.22277% |
| Year 2019 | Assessed Value $38,704 | Land Value $7,020 | Improvement Value $31,684 | Tax Amount $7,776.12 | Change Rate +0.116183% | Assessed CR | Tax Rate +0.200913% |
| Year 2018 | Assessed Value $38,704 | Land Value $7,020 | Improvement Value $31,684 | Tax Amount $6,966.71 | Change Rate +0.01442% | Assessed CR | Tax Rate +0.18% |
| Year 2017 | Assessed Value $35,278 | Land Value $6,240 | Improvement Value $29,038 | Tax Amount $6,867.68 | Change Rate +0.046008% | Assessed CR | Tax Rate +0.194673% |
| Year 2016 | Assessed Value $35,278 | Land Value $6,240 | Improvement Value $29,038 | Tax Amount $6,565.61 | Change Rate +0.097224% | Assessed CR | Tax Rate +0.186111% |
| Year 2015 | Assessed Value $35,278 | Land Value $6,240 | Improvement Value $29,038 | Tax Amount $5,983.84 | Change Rate +0.220736% | Assessed CR | Tax Rate +0.16962% |
| Year 2014 | Assessed Value $28,988 | Land Value $5,200 | Improvement Value $23,788 | Tax Amount $4,901.83 | Change Rate +0.022503% | Assessed CR | Tax Rate +0.169099% |
| Year 2013 | Assessed Value $28,988 | Land Value $5,200 | Improvement Value $23,788 | Tax Amount $4,793.95 | Change Rate | Assessed CR | Tax Rate +0.165377% |