Taxes
- Assessed Value: $48,987
- Assessed Year: 2025
- Assessed County: Cook
- APN: 09-36-228-006-0000
- Assessed Land Value: 10725
- Market Land Value: 107250
- Tax Amount: 9706
- Tax Year: 2023
- Market Value: 489870
- Market Year: 2025
7241 W Ibsen St; Chicago, IL Property Details
Off market
7241 W Ibsen St Chicago, IL 60631
$48,987 Estimated Value
4 Beds
1.5 Baths
2,113 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Trust
- Owner Status: Trust
- Year Built: 1928
- Purchase Price: $540,000
- Est. Equity / %: $762,000 / 100%
- Gross Yield: 6.767%
- APN: 09-36-228-006-0000
- Situs County: Cook
- Length Of Ownership: 18 years, 1 months
Rooms
- Bedrooms: 4
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 8
- Partial Bathrooms: 1
Structure
- Building Style: Masonry
- Stories: 1.5
- Exterior Wall Type: Masonry
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
Measurements
- Total: 2,113/SqFt
- Lot: 4,290/SqFt
- Gross: 2,113/SqFt
- Living: 2,113/SqFt
- Building: 2,113/SqFt
- Price Per Square Foot: $255.56
Legal Description
- Description: H H (BARBOURS)(HARLEM) AVE (GARDENS) SUB LT 2 OF CIRC UIT COURT PARTITION OF 50 RDS S & ADJ N 60 RDS EX W 80 RDS & EH S 50 RD
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: 42.006042 / -87.80835
- Subdivision: Barbours Harlem Ave Gardens
- Property Class: Residential
- Zoning: RS-2
- County Use Code: 2-04
Amenities
- Plus Four: 1102
- Cooling: Central
- Garage: Detached Garage
- Heating: Hot Water
- Parking: 2
Ownership Info
7241 W Ibsen St has no associated ownership info
7241 W Ibsen St has no associated ownership info.
Taxes
7241 W Ibsen St has 10 associated Taxes items
7241 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 $48,987. The APN we've located for 7241 W Ibsen St is 09-36-228-006-0000.
Unlock the full reportTax History
7241 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 $48,987 | Land Value $10,725 | Improvement Value $38,262 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $51,000 | Land Value $10,725 | Improvement Value $40,275 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value | Land Value | Improvement Value | Tax Amount $9,706 | Change Rate +0.025856% | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $46,000 | Land Value $8,580 | Improvement Value $37,420 | Tax Amount $9,461.37 | Change Rate +0.022833% | Assessed CR | Tax Rate +0.205682% |
| Year 2021 | Assessed Value $46,000 | Land Value $8,580 | Improvement Value $37,420 | Tax Amount $9,250.16 | Change Rate +0.019281% | Assessed CR | Tax Rate +0.20109% |
| Year 2020 | Assessed Value $40,738 | Land Value $5,791 | Improvement Value $34,947 | Tax Amount $9,075.18 | Change Rate -0.002105% | Assessed CR | Tax Rate +0.222769% |
| Year 2019 | Assessed Value $45,265 | Land Value $5,791 | Improvement Value $39,474 | Tax Amount $9,094.32 | Change Rate +0.017106% | Assessed CR | Tax Rate +0.200913% |
| Year 2018 | Assessed Value $45,265 | Land Value $5,791 | Improvement Value $39,474 | Tax Amount $8,941.37 | Change Rate -0.021145% | Assessed CR | Tax Rate +0.197534% |
| Year 2017 | Assessed Value $42,433 | Land Value $5,148 | Improvement Value $37,285 | Tax Amount $9,134.52 | Change Rate +0.074797% | Assessed CR | Tax Rate +0.215269% |
| Year 2016 | Assessed Value $42,433 | Land Value $5,148 | Improvement Value $37,285 | Tax Amount $8,498.83 | Change Rate +0.093007% | Assessed CR | Tax Rate +0.200288% |
| Year 2015 | Assessed Value $42,433 | Land Value $5,148 | Improvement Value $37,285 | Tax Amount $7,775.64 | Change Rate +0.126486% | Assessed CR | Tax Rate +0.183245% |
| Year 2014 | Assessed Value $37,203 | Land Value $4,290 | Improvement Value $32,913 | Tax Amount $6,902.56 | Change Rate +0.020141% | Assessed CR | Tax Rate +0.185538% |
| Year 2013 | Assessed Value $37,203 | Land Value $4,290 | Improvement Value $32,913 | Tax Amount $6,766.28 | Change Rate | Assessed CR | Tax Rate +0.181875% |