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7341 W Clarence Ave; Chicago, IL Property Details

7341 W Clarence Ave, Chicago, IL is a Single Family that was built in 1960. This property is currently Financed,Foreclosure and is not for sale. Our records show that 7341 W Clarence Ave has 2 bedrooms, and 1 bathroom, and a total of 899 square feet. The lot size of 7341 W Clarence Ave is 3,350 square feet.

Off market
7341 W Clarence Ave Chicago, IL 60631
$30,000 Estimated Value
2 Beds
1 Baths
899 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1960
  • Purchase Price: $153,000
  • Est. Equity / %: $372,000 / 100%
  • Gross Yield: 7.658%
  • APN: 12-01-212-023-0000
  • Situs County: Cook
  • Length Of Ownership: 31 years, 8 months

Rooms

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

Structure

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

Measurements

  • Total: 899/SqFt
  • Lot: 3,350/SqFt
  • Gross: 899/SqFt
  • Living: 899/SqFt
  • Building: 899/SqFt
  • Ground: 899/SqFt
  • Price Per Square Foot: $170.19

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: 41.994286 / -87.81198
  • Subdivision: Lowrys Second Add To Norwood
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-02

Amenities

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

Ownership Info

7341 W Clarence Ave has no associated ownership info
7341 W Clarence Ave has no associated ownership info.

Taxes

7341 W Clarence Ave has 10 associated Taxes items

7341 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 $30,000. The APN we've located for 7341 W Clarence Ave is 12-01-212-023-0000.

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Taxes
  • Assessed Value:  $30,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  12-01-212-023-0000
  • Assessed Land Value:  8375
  • Market Land Value:  83750
  • Tax Amount:  802
  • Tax Year:  2023
  • Market Value:  300000
  • Market Year:  2025

Tax History

7341 W Clarence Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $30,000 Land Value $8,375 Improvement Value $21,625 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $30,000 Land Value $8,375 Improvement Value $21,625 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $802 Change Rate -0.005395% Assessed CR Tax Rate
Year 2022 Assessed Value $28,000 Land Value $6,700 Improvement Value $21,300 Tax Amount $806.35 Change Rate +0.050468% Assessed CR Tax Rate +0.028798%
Year 2021 Assessed Value $28,000 Land Value $6,700 Improvement Value $21,300 Tax Amount $767.61 Change Rate -0.030967% Assessed CR Tax Rate +0.027415%
Year 2020 Assessed Value $28,101 Land Value $4,187 Improvement Value $23,914 Tax Amount $792.14 Change Rate +0.003052% Assessed CR Tax Rate +0.028189%
Year 2019 Assessed Value $30,881 Land Value $4,187 Improvement Value $26,694 Tax Amount $789.73 Change Rate +0.015325% Assessed CR Tax Rate +0.025573%
Year 2018 Assessed Value $30,881 Land Value $4,187 Improvement Value $26,694 Tax Amount $777.81 Change Rate -0.066064% Assessed CR Tax Rate +0.025187%
Year 2017 Assessed Value $21,072 Land Value $3,685 Improvement Value $17,387 Tax Amount $832.83 Change Rate -0.332486% Assessed CR Tax Rate +0.039523%
Year 2016 Assessed Value $21,072 Land Value $3,685 Improvement Value $17,387 Tax Amount $1,247.66 Change Rate +0.04048% Assessed CR Tax Rate +0.059209%
Year 2015 Assessed Value $22,182 Land Value $3,685 Improvement Value $18,497 Tax Amount $1,199.12 Change Rate +0.008673% Assessed CR Tax Rate +0.054058%
Year 2014 Assessed Value $21,341 Land Value $3,350 Improvement Value $17,991 Tax Amount $1,188.81 Change Rate -0.003512% Assessed CR Tax Rate +0.055705%
Year 2013 Assessed Value $21,341 Land Value $3,350 Improvement Value $17,991 Tax Amount $1,193 Change Rate Assessed CR Tax Rate +0.055902%