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7314 W Clarence Ave; Chicago, IL Property Details

7314 W Clarence Ave, Chicago, IL is a Single Family that was built in 1929. This property is currently Financed and is not for sale. Our records show that 7314 W Clarence Ave has 2 bedrooms, and 1 bathroom, and a total of 879 square feet. The lot size of 7314 W Clarence Ave is 4,030 square feet.

Off market
7314 W Clarence Ave Chicago, IL 60631
$26,714 Estimated Value
2 Beds
1 Baths
879 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1929
  • Purchase Price: $216,000
  • Est. Equity / %: $426,000 / 100%
  • Gross Yield: 8.121%
  • APN: 12-01-209-056-0000
  • Situs County: Cook
  • Length Of Ownership: 25 years, 1 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

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

Measurements

  • Total: 879/SqFt
  • Lot: 4,030/SqFt
  • Gross: 879/SqFt
  • Living: 879/SqFt
  • Building: 879/SqFt
  • Ground: 879/SqFt
  • Price Per Square Foot: $245.73

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: 41.9947 / -87.81102
  • Subdivision: Lowrys Second Add To Norwood
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-02

Amenities

  • Plus Four: 1927
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 3

Ownership Info

7314 W Clarence Ave has no associated ownership info
7314 W Clarence Ave has no associated ownership info.

Taxes

7314 W Clarence Ave has 10 associated Taxes items

7314 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 $26,714. The APN we've located for 7314 W Clarence Ave is 12-01-209-056-0000.

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Taxes
  • Assessed Value:  $26,714
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  12-01-209-056-0000
  • Assessed Land Value:  10075
  • Market Land Value:  100750
  • Tax Amount:  5447
  • Tax Year:  2023
  • Market Value:  267140
  • Market Year:  2025

Tax History

7314 W Clarence Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $26,714 Land Value $10,075 Improvement Value $16,639 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $26,714 Land Value $10,075 Improvement Value $16,639 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $5,447 Change Rate +0.182598% Assessed CR Tax Rate
Year 2022 Assessed Value $25,815 Land Value $8,060 Improvement Value $17,755 Tax Amount $4,605.96 Change Rate +0.018729% Assessed CR Tax Rate +0.178422%
Year 2021 Assessed Value $25,814 Land Value $8,060 Improvement Value $17,754 Tax Amount $4,521.28 Change Rate -0.009605% Assessed CR Tax Rate +0.175148%
Year 2020 Assessed Value $23,595 Land Value $5,037 Improvement Value $18,558 Tax Amount $4,565.13 Change Rate +0.009882% Assessed CR Tax Rate +0.193479%
Year 2019 Assessed Value $25,929 Land Value $5,037 Improvement Value $20,892 Tax Amount $4,520.46 Change Rate +0.017372% Assessed CR Tax Rate +0.17434%
Year 2018 Assessed Value $25,929 Land Value $5,037 Improvement Value $20,892 Tax Amount $4,443.27 Change Rate +0.317297% Assessed CR Tax Rate +0.171363%
Year 2017 Assessed Value $19,044 Land Value $4,433 Improvement Value $14,611 Tax Amount $3,373.02 Change Rate +0.017766% Assessed CR Tax Rate +0.177117%
Year 2016 Assessed Value $19,044 Land Value $4,433 Improvement Value $14,611 Tax Amount $3,314.14 Change Rate +0.038001% Assessed CR Tax Rate +0.174025%
Year 2015 Assessed Value $20,047 Land Value $4,433 Improvement Value $15,614 Tax Amount $3,192.81 Change Rate +0.155522% Assessed CR Tax Rate +0.159266%
Year 2014 Assessed Value $17,461 Land Value $4,030 Improvement Value $13,431 Tax Amount $2,763.09 Change Rate +0.024323% Assessed CR Tax Rate +0.158244%
Year 2013 Assessed Value $17,461 Land Value $4,030 Improvement Value $13,431 Tax Amount $2,697.48 Change Rate Assessed CR Tax Rate +0.154486%