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7307 W Clarence Ave; Chicago, IL Property Details

7307 W Clarence Ave, Chicago, IL is a Single Family that was built in 1951. This property is currently Financed and is not for sale. Our records show that 7307 W Clarence Ave has 2 bedrooms, and 1 bathroom, and a total of 1,703 square feet. The lot size of 7307 W Clarence Ave is 5,762 square feet.

Off market
7307 W Clarence Ave Chicago, IL 60631
$385,000 Listing Price
2 Beds
1 Baths
1,703 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1951
  • Purchase Price: $385,000
  • Open Loans / Balance: 1 / $324,444
  • Est. Equity / %: $177,556 / 35.37%
  • Gross Yield: 9.81%
  • APN: 12-01-212-076-0000
  • Situs County: Cook
  • Length Of Ownership: 4 years, 4 months

Rooms

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

Structure

  • Building Style: Masonry
  • Stories: 1.5
  • Exterior Wall Type: Masonry
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,703/SqFt
  • Lot: 5,762/SqFt
  • Gross: 1,703/SqFt
  • Living: 1,703/SqFt
  • Building: 1,703/SqFt
  • Price Per Square Foot: $226.07

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: 41.994278 / -87.81067
  • Subdivision: Lowrys Second Add To Norwood
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-03

Amenities

  • Plus Four: 1928
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

7307 W Clarence Ave has no associated ownership info
7307 W Clarence Ave has no associated ownership info.

Taxes

7307 W Clarence Ave has 10 associated Taxes items

7307 W Clarence 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 $45,000. The APN we've located for 7307 W Clarence Ave is 12-01-212-076-0000.

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Taxes
  • Assessed Value:  $45,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  12-01-212-076-0000
  • Assessed Land Value:  14405
  • Market Land Value:  144050
  • Tax Amount:  6792
  • Tax Year:  2023
  • Market Value:  450000
  • Market Year:  2025

Tax History

7307 W Clarence Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $45,000 Land Value $14,405 Improvement Value $30,595 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $47,400 Land Value $14,405 Improvement Value $32,995 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $6,792 Change Rate +0.029208% Assessed CR Tax Rate
Year 2022 Assessed Value $35,506 Land Value $11,524 Improvement Value $23,982 Tax Amount $6,599.25 Change Rate +0.019971% Assessed CR Tax Rate +0.185863%
Year 2021 Assessed Value $35,505 Land Value $11,524 Improvement Value $23,981 Tax Amount $6,470.04 Change Rate +0.143555% Assessed CR Tax Rate +0.182229%
Year 2020 Assessed Value $28,500 Land Value $7,202 Improvement Value $21,298 Tax Amount $5,657.83 Change Rate -0.161152% Assessed CR Tax Rate +0.19852%
Year 2019 Assessed Value $37,686 Land Value $7,202 Improvement Value $30,484 Tax Amount $6,744.76 Change Rate -0.003086% Assessed CR Tax Rate +0.178973%
Year 2018 Assessed Value $37,686 Land Value $7,202 Improvement Value $30,484 Tax Amount $6,765.64 Change Rate +0.225873% Assessed CR Tax Rate +0.179527%
Year 2017 Assessed Value $29,013 Land Value $6,338 Improvement Value $22,675 Tax Amount $5,519.04 Change Rate +0.039209% Assessed CR Tax Rate +0.190226%
Year 2016 Assessed Value $29,013 Land Value $6,338 Improvement Value $22,675 Tax Amount $5,310.81 Change Rate +0.006115% Assessed CR Tax Rate +0.183049%
Year 2015 Assessed Value $31,429 Land Value $6,338 Improvement Value $25,091 Tax Amount $5,278.53 Change Rate +0.274773% Assessed CR Tax Rate +0.167951%
Year 2014 Assessed Value $24,886 Land Value $5,762 Improvement Value $19,124 Tax Amount $4,140.76 Change Rate +0.022943% Assessed CR Tax Rate +0.166389%
Year 2013 Assessed Value $24,886 Land Value $5,762 Improvement Value $19,124 Tax Amount $4,047.89 Change Rate Assessed CR Tax Rate +0.162657%