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7401 W Clarence Ave; Chicago, IL Property Details

7401 W Clarence Ave, Chicago, IL is a Single Family that was built in 1965. This property is currently Financed and is not for sale. Our records show that 7401 W Clarence Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 1,280 square feet. The lot size of 7401 W Clarence Ave is 3,350 square feet.

Off market
7401 W Clarence Ave Chicago, IL 60631
$34,615 Estimated Value
3 Beds
1.5 Baths
1,280 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1965
  • Purchase Price: $315,000
  • Open Loans / Balance: 1 / $269,513
  • Est. Equity / %: $199,487 / 42.53%
  • Gross Yield: 6.734%
  • APN: 12-01-212-022-0000
  • Situs County: Cook
  • Length Of Ownership: 5 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • 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: 1,280/SqFt
  • Lot: 3,350/SqFt
  • Gross: 1,280/SqFt
  • Living: 1,280/SqFt
  • Building: 1,280/SqFt
  • Ground: 1,280/SqFt
  • Price Per Square Foot: $246.09

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: 41.99427 / -87.81207
  • Subdivision: Lowrys Second Add To Norwood
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-03

Amenities

  • Plus Four: 1932
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

7401 W Clarence Ave has no associated ownership info
7401 W Clarence Ave has no associated ownership info.

Taxes

7401 W Clarence Ave has 10 associated Taxes items

7401 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 $34,615. The APN we've located for 7401 W Clarence Ave is 12-01-212-022-0000.

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Taxes
  • Assessed Value:  $34,615
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  12-01-212-022-0000
  • Assessed Land Value:  8375
  • Market Land Value:  83750
  • Tax Amount:  6442
  • Tax Year:  2023
  • Market Value:  346150
  • Market Year:  2025

Tax History

7401 W Clarence Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $34,615 Land Value $8,375 Improvement Value $26,240 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $38,000 Land Value $8,375 Improvement Value $29,625 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $6,442 Change Rate +0.025749% Assessed CR Tax Rate
Year 2022 Assessed Value $30,534 Land Value $6,700 Improvement Value $23,834 Tax Amount $6,280.29 Change Rate -0.053602% Assessed CR Tax Rate +0.205682%
Year 2021 Assessed Value $33,000 Land Value $6,700 Improvement Value $26,300 Tax Amount $6,635.99 Change Rate +0.097593% Assessed CR Tax Rate +0.201091%
Year 2020 Assessed Value $27,140 Land Value $4,187 Improvement Value $22,953 Tax Amount $6,045.95 Change Rate +0.008965% Assessed CR Tax Rate +0.222769%
Year 2019 Assessed Value $29,825 Land Value $4,187 Improvement Value $25,638 Tax Amount $5,992.23 Change Rate -0.071748% Assessed CR Tax Rate +0.200913%
Year 2018 Assessed Value $32,680 Land Value $4,187 Improvement Value $28,493 Tax Amount $6,455.39 Change Rate +0.222128% Assessed CR Tax Rate +0.197533%
Year 2017 Assessed Value $24,537 Land Value $3,685 Improvement Value $20,852 Tax Amount $5,282.09 Change Rate +0.074804% Assessed CR Tax Rate +0.21527%
Year 2016 Assessed Value $24,537 Land Value $3,685 Improvement Value $20,852 Tax Amount $4,914.47 Change Rate +0.038324% Assessed CR Tax Rate +0.200288%
Year 2015 Assessed Value $25,829 Land Value $3,685 Improvement Value $22,144 Tax Amount $4,733.08 Change Rate -0.028705% Assessed CR Tax Rate +0.183247%
Year 2014 Assessed Value $26,264 Land Value $3,350 Improvement Value $22,914 Tax Amount $4,872.96 Change Rate +0.020146% Assessed CR Tax Rate +0.185538%
Year 2013 Assessed Value $26,264 Land Value $3,350 Improvement Value $22,914 Tax Amount $4,776.73 Change Rate Assessed CR Tax Rate +0.181874%