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7241 W Myrtle Ave; Chicago, IL Property Details

7241 W Myrtle Ave, Chicago, IL is a Single Family that was built in 1922. This property is currently Financed and is not for sale. Our records show that 7241 W Myrtle Ave has 2 bedrooms, and 1 bathroom, and a total of 972 square feet. The lot size of 7241 W Myrtle Ave is 4,687 square feet.

Off market
7241 W Myrtle Ave Chicago, IL 60631
$330,000 Listing Price
2 Beds
1 Baths
972 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1922
  • Purchase Price: $330,000
  • Est. Equity / %: $431,000 / 100%
  • Gross Yield: 8.834%
  • APN: 12-01-216-015-0000
  • Situs County: Cook
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 972/SqFt
  • Lot: 4,687/SqFt
  • Gross: 972/SqFt
  • Living: 972/SqFt
  • Building: 972/SqFt
  • Ground: 972/SqFt
  • Price Per Square Foot: $339.51
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: 41.993324 / -87.80848
  • Subdivision: Norwood Park 02 Add/Lowrys
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-02

Amenities

  • Plus Four: 1943
  • Cooling: Yes
  • Garage: None
  • Heating: Yes

Ownership Info

7241 W Myrtle Ave has no associated ownership info
7241 W Myrtle Ave has no associated ownership info.

Taxes

7241 W Myrtle Ave has 10 associated Taxes items

7241 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 $32,001. The APN we've located for 7241 W Myrtle Ave is 12-01-216-015-0000.

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Taxes
  • Assessed Value:  $32,001
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  12-01-216-015-0000
  • Assessed Land Value:  11718
  • Market Land Value:  117180
  • Tax Amount:  2048
  • Tax Year:  2023
  • Market Value:  320010
  • Market Year:  2025

Tax History

7241 W Myrtle Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $32,001 Land Value $11,718 Improvement Value $20,283 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $32,001 Land Value $11,718 Improvement Value $20,283 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $2,048 Change Rate -0.544163% Assessed CR Tax Rate
Year 2022 Assessed Value $28,000 Land Value $9,374 Improvement Value $18,626 Tax Amount $4,492.83 Change Rate +0.015304% Assessed CR Tax Rate +0.160458%
Year 2021 Assessed Value $28,000 Land Value $9,374 Improvement Value $18,626 Tax Amount $4,425.11 Change Rate -0.02295% Assessed CR Tax Rate +0.15804%
Year 2020 Assessed Value $25,915 Land Value $5,858 Improvement Value $20,057 Tax Amount $4,529.05 Change Rate +0.010588% Assessed CR Tax Rate +0.174766%
Year 2019 Assessed Value $28,479 Land Value $5,858 Improvement Value $22,621 Tax Amount $4,481.6 Change Rate +1.255608% Assessed CR Tax Rate +0.157365%
Year 2018 Assessed Value $28,479 Land Value $5,858 Improvement Value $22,621 Tax Amount $1,986.87 Change Rate -0.066062% Assessed CR Tax Rate +0.069766%
Year 2017 Assessed Value $21,288 Land Value $5,155 Improvement Value $16,133 Tax Amount $2,127.41 Change Rate -0.375463% Assessed CR Tax Rate +0.099935%
Year 2016 Assessed Value $21,288 Land Value $5,155 Improvement Value $16,133 Tax Amount $3,406.38 Change Rate -0.170456% Assessed CR Tax Rate +0.160014%
Year 2015 Assessed Value $22,409 Land Value $5,155 Improvement Value $17,254 Tax Amount $4,106.33 Change Rate +0.709696% Assessed CR Tax Rate +0.183245%
Year 2014 Assessed Value $17,760 Land Value $4,687 Improvement Value $13,073 Tax Amount $2,401.79 Change Rate -0.003514% Assessed CR Tax Rate +0.135236%
Year 2013 Assessed Value $17,760 Land Value $4,687 Improvement Value $13,073 Tax Amount $2,410.26 Change Rate Assessed CR Tax Rate +0.135713%