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7402 W Clarence Ave; Chicago, IL Property Details

7402 W Clarence Ave, Chicago, IL is a Single Family that was built in 1960. This property is currently Financed,Bank Sale and is not for sale. Our records show that 7402 W Clarence Ave has 3 bedrooms, and 1 bathroom, and a total of 950 square feet. The lot size of 7402 W Clarence Ave is 3,250 square feet.

Off market
7402 W Clarence Ave Chicago, IL 60631
$255,000 Listing Price
3 Beds
1 Baths
950 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1960
  • Purchase Price: $255,000
  • Open Loans / Balance: 1 / $78,971
  • Est. Equity / %: $380,029 / 82.79%
  • Gross Yield: 7.501%
  • APN: 12-01-209-046-0000
  • Situs County: Cook
  • Length Of Ownership: 9 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 950/SqFt
  • Lot: 3,250/SqFt
  • Gross: 950/SqFt
  • Living: 950/SqFt
  • Building: 950/SqFt
  • Ground: 950/SqFt
  • Price Per Square Foot: $268.42
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: 41.99473 / -87.81215
  • Subdivision: Lowrys 2nd Add/Norwood Pk
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-02

Amenities

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

Ownership Info

7402 W Clarence Ave has no associated ownership info
7402 W Clarence Ave has no associated ownership info.

Taxes

7402 W Clarence Ave has 10 associated Taxes items

7402 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 $32,000. The APN we've located for 7402 W Clarence Ave is 12-01-209-046-0000.

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Taxes
  • Assessed Value:  $32,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  12-01-209-046-0000
  • Assessed Land Value:  8125
  • Market Land Value:  81250
  • Tax Amount:  4881
  • Tax Year:  2023
  • Market Value:  320000
  • Market Year:  2025

Tax History

7402 W Clarence Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $32,000 Land Value $8,125 Improvement Value $23,875 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $32,000 Land Value $8,125 Improvement Value $23,875 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $4,881 Change Rate +0.066049% Assessed CR Tax Rate
Year 2022 Assessed Value $29,101 Land Value $6,500 Improvement Value $22,601 Tax Amount $4,578.59 Change Rate -0.014617% Assessed CR Tax Rate +0.157334%
Year 2021 Assessed Value $29,101 Land Value $6,500 Improvement Value $22,601 Tax Amount $4,646.51 Change Rate -0.128195% Assessed CR Tax Rate +0.159668%
Year 2020 Assessed Value $23,925 Land Value $4,062 Improvement Value $19,863 Tax Amount $5,329.76 Change Rate +0.008973% Assessed CR Tax Rate +0.222769%
Year 2019 Assessed Value $26,292 Land Value $4,062 Improvement Value $22,230 Tax Amount $5,282.36 Change Rate +0.017104% Assessed CR Tax Rate +0.200911%
Year 2018 Assessed Value $26,292 Land Value $4,062 Improvement Value $22,230 Tax Amount $5,193.53 Change Rate +0.153677% Assessed CR Tax Rate +0.197533%
Year 2017 Assessed Value $20,912 Land Value $3,575 Improvement Value $17,337 Tax Amount $4,501.72 Change Rate +0.074789% Assessed CR Tax Rate +0.21527%
Year 2016 Assessed Value $20,912 Land Value $3,575 Improvement Value $17,337 Tax Amount $4,188.47 Change Rate +0.038341% Assessed CR Tax Rate +0.20029%
Year 2015 Assessed Value $22,013 Land Value $3,575 Improvement Value $18,438 Tax Amount $4,033.81 Change Rate +0.054365% Assessed CR Tax Rate +0.183247%
Year 2014 Assessed Value $20,620 Land Value $3,250 Improvement Value $17,370 Tax Amount $3,825.82 Change Rate +0.30554% Assessed CR Tax Rate +0.185539%
Year 2013 Assessed Value $20,620 Land Value $3,250 Improvement Value $17,370 Tax Amount $2,930.45 Change Rate Assessed CR Tax Rate +0.142117%