Taxes
- Assessed Value: $33,000
- Assessed Year: 2025
- Assessed County: Cook
- APN: 12-01-212-026-0000
- Assessed Land Value: 8375
- Market Land Value: 83750
- Tax Amount: 6541
- Tax Year: 2023
- Market Value: 330000
- Market Year: 2025
7331 W Clarence Ave; Chicago, IL Property Details
On Market for 42 days
7331 W Clarence Ave Chicago, IL 60631
$499,900 Listing Price
3 Beds
1.5 Baths
980 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1959
- Purchase Price: $400,000
- Open Loans / Balance: 1 / $341,589
- Est. Equity / %: $124,411 / 26.7%
- Gross Yield: 6.719%
- APN: 12-01-212-026-0000
- Situs County: Cook
- Length Of Ownership: 4 years, 2 months
Rooms
- Bedrooms: 3
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 5
- Partial Bathrooms: 1
Structure
- Building Style: Masonry
- Stories: 1
- Exterior Wall Type: Masonry
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
- Water Source: Municipal
Measurements
- Total: 980/SqFt
- Lot: 3,350/SqFt
- Gross: 980/SqFt
- Living: 980/SqFt
- Building: 980/SqFt
- Ground: 980/SqFt
- Price Per Square Foot: $408.16
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: 41.99422 / -87.8116
- Subdivision: Lowrys Second Add To Norwood
- Property Class: Residential
- Zoning: RS-2
- County Use Code: 2-02
Amenities
- Plus Four: 1928
- Cooling: Yes
- Garage: Detached Garage
- Heating: Yes
- Parking: 2
Ownership Info
7331 W Clarence Ave has no associated ownership info
7331 W Clarence Ave has no associated ownership info.
Taxes
7331 W Clarence Ave has 10 associated Taxes items
7331 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 $33,000. The APN we've located for 7331 W Clarence Ave is 12-01-212-026-0000.
Unlock the full reportTax History
7331 W Clarence Ave 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 $33,000 | Land Value $8,375 | Improvement Value $24,625 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $33,000 | Land Value $8,375 | Improvement Value $24,625 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value | Land Value | Improvement Value | Tax Amount $6,541 | Change Rate +0.153073% | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $31,000 | Land Value $6,700 | Improvement Value $24,300 | Tax Amount $5,672.67 | Change Rate +0.019505% | Assessed CR | Tax Rate +0.182989% |
| Year 2021 | Assessed Value $31,000 | Land Value $6,700 | Improvement Value $24,300 | Tax Amount $5,564.14 | Change Rate +0.109033% | Assessed CR | Tax Rate +0.179488% |
| Year 2020 | Assessed Value $25,624 | Land Value $4,187 | Improvement Value $21,437 | Tax Amount $5,017.11 | Change Rate -0.142094% | Assessed CR | Tax Rate +0.195797% |
| Year 2019 | Assessed Value $32,537 | Land Value $4,187 | Improvement Value $28,350 | Tax Amount $5,848.09 | Change Rate +0.017314% | Assessed CR | Tax Rate +0.179737% |
| Year 2018 | Assessed Value $32,537 | Land Value $4,187 | Improvement Value $28,350 | Tax Amount $5,748.56 | Change Rate +0.52589% | Assessed CR | Tax Rate +0.176678% |
| Year 2017 | Assessed Value $20,876 | Land Value $3,685 | Improvement Value $17,191 | Tax Amount $3,767.35 | Change Rate -0.09899% | Assessed CR | Tax Rate +0.180463% |
| Year 2016 | Assessed Value $20,876 | Land Value $3,685 | Improvement Value $17,191 | Tax Amount $4,181.25 | Change Rate +0.305511% | Assessed CR | Tax Rate +0.20029% |
| Year 2015 | Assessed Value $21,975 | Land Value $3,685 | Improvement Value $18,290 | Tax Amount $3,202.77 | Change Rate -0.000103% | Assessed CR | Tax Rate +0.145746% |
| Year 2014 | Assessed Value $21,667 | Land Value $3,350 | Improvement Value $18,317 | Tax Amount $3,203.1 | Change Rate +0.026352% | Assessed CR | Tax Rate +0.147833% |
| Year 2013 | Assessed Value $21,667 | Land Value $3,350 | Improvement Value $18,317 | Tax Amount $3,120.86 | Change Rate | Assessed CR | Tax Rate +0.144037% |