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7406 W Clarence Ave; Chicago, IL Property Details

7406 W Clarence Ave, Chicago, IL is a Single Family that was built in 1954. This property is currently Financed,Bank Sale and is not for sale. Our records show that 7406 W Clarence Ave has 3 bedrooms, and 1 bathroom, and a total of 1,189 square feet. The lot size of 7406 W Clarence Ave is 4,875 square feet.

Off market
7406 W Clarence Ave Chicago, IL 60631
$37,001 Estimated Value
3 Beds
1 Baths
1,189 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1954
  • Purchase Price: $270,000
  • Open Loans / Balance: 2 / $272,407
  • Est. Equity / %: $191,593 / 41.29%
  • Gross Yield: 9.111%
  • APN: 12-01-209-076-0000
  • Situs County: Cook
  • Length Of Ownership: 17 years, 1 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
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,189/SqFt
  • Lot: 4,875/SqFt
  • Gross: 1,189/SqFt
  • Living: 1,189/SqFt
  • Building: 1,189/SqFt
  • Ground: 1,189/SqFt
  • Price Per Square Foot: $227.08
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: 41.994717 / -87.81227
  • Subdivision: Lowrys 02 Add/Norwood Park
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-03

Amenities

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

Ownership Info

7406 W Clarence Ave has no associated ownership info
7406 W Clarence Ave has no associated ownership info.

Taxes

7406 W Clarence Ave has 10 associated Taxes items

7406 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 $37,001. The APN we've located for 7406 W Clarence Ave is 12-01-209-076-0000.

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Taxes
  • Assessed Value:  $37,001
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  12-01-209-076-0000
  • Assessed Land Value:  12188
  • Market Land Value:  121880
  • Tax Amount:  6140
  • Tax Year:  2023
  • Market Value:  370010
  • Market Year:  2025

Tax History

7406 W Clarence Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $37,001 Land Value $12,188 Improvement Value $24,813 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $37,001 Land Value $12,188 Improvement Value $24,813 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $6,140 Change Rate +0.00451% Assessed CR Tax Rate
Year 2022 Assessed Value $33,138 Land Value $9,750 Improvement Value $23,388 Tax Amount $6,112.43 Change Rate +0.019755% Assessed CR Tax Rate +0.184454%
Year 2021 Assessed Value $33,138 Land Value $9,750 Improvement Value $23,388 Tax Amount $5,994.02 Change Rate -0.036241% Assessed CR Tax Rate +0.180881%
Year 2020 Assessed Value $31,021 Land Value $6,093 Improvement Value $24,928 Tax Amount $6,219.42 Change Rate +0.009656% Assessed CR Tax Rate +0.200491%
Year 2019 Assessed Value $34,089 Land Value $6,093 Improvement Value $27,996 Tax Amount $6,159.94 Change Rate +0.017306% Assessed CR Tax Rate +0.180702%
Year 2018 Assessed Value $34,089 Land Value $6,093 Improvement Value $27,996 Tax Amount $6,055.15 Change Rate +0.231114% Assessed CR Tax Rate +0.177628%
Year 2017 Assessed Value $26,223 Land Value $5,362 Improvement Value $20,861 Tax Amount $4,918.43 Change Rate +0.035023% Assessed CR Tax Rate +0.187562%
Year 2016 Assessed Value $26,223 Land Value $5,362 Improvement Value $20,861 Tax Amount $4,752 Change Rate -0.060554% Assessed CR Tax Rate +0.181215%
Year 2015 Assessed Value $27,604 Land Value $5,362 Improvement Value $22,242 Tax Amount $5,058.3 Change Rate +0.092959% Assessed CR Tax Rate +0.183245%
Year 2014 Assessed Value $24,944 Land Value $4,875 Improvement Value $20,069 Tax Amount $4,628.08 Change Rate +0.020154% Assessed CR Tax Rate +0.185539%
Year 2013 Assessed Value $24,944 Land Value $4,875 Improvement Value $20,069 Tax Amount $4,536.65 Change Rate Assessed CR Tax Rate +0.181873%