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7400 W Clarence Ave; Chicago, IL Property Details

7400 W Clarence Ave, Chicago, IL is a Single Family that was built in 1960. This property is currently Financed and is not for sale. Our records show that 7400 W Clarence Ave has 4 bedrooms, and 3.5 bathrooms, and a total of 1,966 square feet. The lot size of 7400 W Clarence Ave is 3,250 square feet.

Off market
7400 W Clarence Ave Chicago, IL 60631
$775,000 Listing Price
4 Beds
3.5 Baths
1,966 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1960
  • Purchase Price: $775,000
  • Open Loans / Balance: 1 / $598,300
  • Est. Equity / %: $383,700 / 39.07%
  • Gross Yield: 5.861%
  • APN: 12-01-209-047-0000
  • Situs County: Cook
  • Length Of Ownership: 3 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Masonry
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,966/SqFt
  • Lot: 3,250/SqFt
  • Gross: 1,966/SqFt
  • Living: 1,966/SqFt
  • Building: 1,966/SqFt
  • Ground: 950/SqFt
  • Price Per Square Foot: $394.20

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: 41.994724 / -87.81206
  • Subdivision: Lowrys Second Add To Norwood
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-05

Amenities

  • Plus Four: 1931
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

7400 W Clarence Ave has no associated ownership info
7400 W Clarence Ave has no associated ownership info.

Taxes

7400 W Clarence Ave has 10 associated Taxes items

7400 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 $76,000. The APN we've located for 7400 W Clarence Ave is 12-01-209-047-0000.

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Taxes
  • Assessed Value:  $76,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  12-01-209-047-0000
  • Assessed Land Value:  8125
  • Market Land Value:  81250
  • Tax Amount:  6000
  • Tax Year:  2023
  • Market Value:  760000
  • Market Year:  2025

Tax History

7400 W Clarence Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $76,000 Land Value $8,125 Improvement Value $67,875 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $76,000 Land Value $8,125 Improvement Value $67,875 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $6,000 Change Rate +0.025858% Assessed CR Tax Rate
Year 2022 Assessed Value $28,436 Land Value $6,500 Improvement Value $21,936 Tax Amount $5,848.76 Change Rate +0.022827% Assessed CR Tax Rate +0.205682%
Year 2021 Assessed Value $28,436 Land Value $6,500 Improvement Value $21,936 Tax Amount $5,718.23 Change Rate +0.019016% Assessed CR Tax Rate +0.201091%
Year 2020 Assessed Value $25,190 Land Value $4,062 Improvement Value $21,128 Tax Amount $5,611.52 Change Rate +6.885779% Assessed CR Tax Rate +0.222768%
Year 2019 Assessed Value $27,682 Land Value $4,062 Improvement Value $23,620 Tax Amount $711.6 Change Rate +0.015324% Assessed CR Tax Rate +0.025706%
Year 2018 Assessed Value $27,682 Land Value $4,062 Improvement Value $23,620 Tax Amount $700.86 Change Rate -0.066055% Assessed CR Tax Rate +0.025318%
Year 2017 Assessed Value $21,070 Land Value $3,575 Improvement Value $17,495 Tax Amount $750.43 Change Rate -0.35676% Assessed CR Tax Rate +0.035616%
Year 2016 Assessed Value $21,070 Land Value $3,575 Improvement Value $17,495 Tax Amount $1,166.64 Change Rate +0.040491% Assessed CR Tax Rate +0.05537%
Year 2015 Assessed Value $22,179 Land Value $3,575 Improvement Value $18,604 Tax Amount $1,121.24 Change Rate +0.008663% Assessed CR Tax Rate +0.050554%
Year 2014 Assessed Value $20,713 Land Value $3,250 Improvement Value $17,463 Tax Amount $1,111.61 Change Rate -0.003514% Assessed CR Tax Rate +0.053667%
Year 2013 Assessed Value $20,713 Land Value $3,250 Improvement Value $17,463 Tax Amount $1,115.53 Change Rate Assessed CR Tax Rate +0.053857%