Large Location Icon

7225 W Myrtle Ave; Chicago, IL Property Details

7225 W Myrtle Ave, Chicago, IL is a Single Family that was built in 1916. This property is currently Financed and is not for sale. Our records show that 7225 W Myrtle Ave has 5 bedrooms, and 4 bathrooms, and a total of 3,153 square feet. The lot size of 7225 W Myrtle Ave is 6,250 square feet.

Off market
7225 W Myrtle Ave Chicago, IL 60631
$64,938 Estimated Value
5 Beds
4 Baths
3,153 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1916
  • Purchase Price: $336,000
  • Open Loans / Balance: 1 / $156,085
  • Est. Equity / %: $443,915 / 73.99%
  • Gross Yield: 13.698%
  • APN: 12-01-216-020-0000
  • Situs County: Cook
  • Length Of Ownership: 22 years, 3 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Total Rooms: 11

Structure

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

Measurements

  • Total: 3,153/SqFt
  • Lot: 6,250/SqFt
  • Gross: 3,153/SqFt
  • Living: 3,153/SqFt
  • Building: 3,153/SqFt
  • Price Per Square Foot: $106.57

Legal Description

  • Description: (LOWRYS)(SECOND) ADD TO (NORWOOD) PARK IN NE 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: 41.993286 / -87.807846
  • Subdivision: Lowrys Second Add To Norwood
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-06

Amenities

  • Plus Four: 1943
  • Cooling: Yes
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

7225 W Myrtle Ave has no associated ownership info
7225 W Myrtle Ave has no associated ownership info.

Taxes

7225 W Myrtle Ave has 10 associated Taxes items

7225 W Myrtle 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 $64,938. The APN we've located for 7225 W Myrtle Ave is 12-01-216-020-0000.

Unlock the full report
Taxes
  • Assessed Value:  $64,938
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  12-01-216-020-0000
  • Assessed Land Value:  15625
  • Market Land Value:  156250
  • Tax Amount:  10593
  • Tax Year:  2023
  • Market Value:  649380
  • Market Year:  2025

Tax History

7225 W Myrtle Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $64,938 Land Value $15,625 Improvement Value $49,313 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $64,938 Land Value $15,625 Improvement Value $49,313 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $10,593 Change Rate +0.027968% Assessed CR Tax Rate
Year 2022 Assessed Value $53,521 Land Value $12,500 Improvement Value $41,021 Tax Amount $10,304.8 Change Rate +0.020994% Assessed CR Tax Rate +0.192538%
Year 2021 Assessed Value $53,521 Land Value $12,500 Improvement Value $41,021 Tax Amount $10,092.91 Change Rate -0.023051% Assessed CR Tax Rate +0.188579%
Year 2020 Assessed Value $49,478 Land Value $7,812 Improvement Value $41,666 Tax Amount $10,331.05 Change Rate -0.097829% Assessed CR Tax Rate +0.208801%
Year 2019 Assessed Value $60,426 Land Value $7,812 Improvement Value $52,614 Tax Amount $11,451.32 Change Rate +0.017211% Assessed CR Tax Rate +0.18951%
Year 2018 Assessed Value $60,426 Land Value $7,812 Improvement Value $52,614 Tax Amount $11,257.57 Change Rate +0.305463% Assessed CR Tax Rate +0.186303%
Year 2017 Assessed Value $43,434 Land Value $6,875 Improvement Value $36,559 Tax Amount $8,623.43 Change Rate +0.051744% Assessed CR Tax Rate +0.198541%
Year 2016 Assessed Value $43,434 Land Value $6,875 Improvement Value $36,559 Tax Amount $8,199.17 Change Rate +0.038222% Assessed CR Tax Rate +0.188773%
Year 2015 Assessed Value $45,720 Land Value $6,875 Improvement Value $38,845 Tax Amount $7,897.32 Change Rate +0.704989% Assessed CR Tax Rate +0.172732%
Year 2014 Assessed Value $27,533 Land Value $6,250 Improvement Value $21,283 Tax Amount $4,631.89 Change Rate +0.022641% Assessed CR Tax Rate +0.16823%
Year 2013 Assessed Value $27,533 Land Value $6,250 Improvement Value $21,283 Tax Amount $4,529.34 Change Rate Assessed CR Tax Rate +0.164506%