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7406 W Myrtle Ave; Chicago, IL Property Details

7406 W Myrtle Ave, Chicago, IL is a Single Family that was built in 1927. This property is currently a cash purchase and is not for sale. Our records show that 7406 W Myrtle Ave has 3 bedrooms, and 1 bathroom, and a total of 1,534 square feet. The lot size of 7406 W Myrtle Ave is 4,762 square feet.

Off market
7406 W Myrtle Ave Chicago, IL 60631
$39,870 Estimated Value
3 Beds
1 Baths
1,534 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1927
  • Purchase Price: $225,000
  • Open Loans / Balance: 1 / $27,171
  • Est. Equity / %: $452,829 / 94.34%
  • Gross Yield: 10.195%
  • APN: 12-01-212-044-0000
  • Situs County: Cook
  • Length Of Ownership: 27 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Building Style: Masonry
  • Stories: 1.5
  • Exterior Wall Type: Masonry
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,534/SqFt
  • Lot: 4,762/SqFt
  • Gross: 1,534/SqFt
  • Living: 1,534/SqFt
  • Building: 1,534/SqFt
  • Price Per Square Foot: $146.68

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: 41.993786 / -87.81226
  • Subdivision: Lowrys Second Add To Norwood
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-03

Amenities

  • Plus Four: 1905
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

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

Taxes

7406 W Myrtle Ave has 10 associated Taxes items

7406 W Myrtle 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 $39,870. The APN we've located for 7406 W Myrtle Ave is 12-01-212-044-0000.

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Taxes
  • Assessed Value:  $39,870
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  12-01-212-044-0000
  • Assessed Land Value:  11905
  • Market Land Value:  119050
  • Tax Amount:  6324
  • Tax Year:  2023
  • Market Value:  398700
  • Market Year:  2025

Tax History

7406 W Myrtle Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $39,870 Land Value $11,905 Improvement Value $27,965 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $39,870 Land Value $11,905 Improvement Value $27,965 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $6,324 Change Rate -0.07013% Assessed CR Tax Rate
Year 2022 Assessed Value $39,222 Land Value $9,524 Improvement Value $29,698 Tax Amount $6,800.95 Change Rate +0.017843% Assessed CR Tax Rate +0.173396%
Year 2021 Assessed Value $39,222 Land Value $9,524 Improvement Value $29,698 Tax Amount $6,681.73 Change Rate +0.139426% Assessed CR Tax Rate +0.170357%
Year 2020 Assessed Value $29,426 Land Value $5,952 Improvement Value $23,474 Tax Amount $5,864.12 Change Rate +0.009675% Assessed CR Tax Rate +0.199284%
Year 2019 Assessed Value $32,337 Land Value $5,952 Improvement Value $26,385 Tax Amount $5,807.93 Change Rate +0.017318% Assessed CR Tax Rate +0.179606%
Year 2018 Assessed Value $32,337 Land Value $5,952 Improvement Value $26,385 Tax Amount $5,709.06 Change Rate +0.195179% Assessed CR Tax Rate +0.176549%
Year 2017 Assessed Value $25,565 Land Value $5,238 Improvement Value $20,327 Tax Amount $4,776.74 Change Rate +0.006433% Assessed CR Tax Rate +0.186847%
Year 2016 Assessed Value $26,194 Land Value $5,238 Improvement Value $20,956 Tax Amount $4,746.21 Change Rate +0.038108% Assessed CR Tax Rate +0.181195%
Year 2015 Assessed Value $27,573 Land Value $5,238 Improvement Value $22,335 Tax Amount $4,571.98 Change Rate +0.199664% Assessed CR Tax Rate +0.165814%
Year 2014 Assessed Value $23,109 Land Value $4,762 Improvement Value $18,347 Tax Amount $3,811.05 Change Rate +0.023191% Assessed CR Tax Rate +0.164916%
Year 2013 Assessed Value $23,109 Land Value $4,762 Improvement Value $18,347 Tax Amount $3,724.67 Change Rate Assessed CR Tax Rate +0.161178%