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7407 W Myrtle Ave; Chicago, IL Property Details

7407 W Myrtle Ave, Chicago, IL is a Single Family that was built in 1949. This property is currently Financed,Bank Sale and is not for sale. Our records show that 7407 W Myrtle Ave has 6 bedrooms, and 2 bathrooms, and a total of 2,586 square feet. The lot size of 7407 W Myrtle Ave is 5,856 square feet.

Off market
7407 W Myrtle Ave Chicago, IL 60631
$52,000 Estimated Value
6 Beds
2 Baths
2,586 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1949
  • Open Loans / Balance: 1 / $30,629
  • Est. Equity / %: $591,371 / 95.08%
  • Gross Yield: 9.859%
  • APN: 12-01-215-071-0000
  • Situs County: Cook
  • Length Of Ownership: 23 years, 6 months

Rooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 9

Structure

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

Measurements

  • Total: 2,586/SqFt
  • Lot: 5,856/SqFt
  • Gross: 2,586/SqFt
  • Living: 2,586/SqFt
  • Building: 2,586/SqFt
  • Ground: 2,586/SqFt

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: 41.99333 / -87.812294
  • Subdivision: Lowrys Second Add To Norwood
  • Property Class: Residential
  • Zoning: RS-2
  • County Use Code: 2-04

Amenities

  • Plus Four: 1972
  • Cooling: Yes
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

7407 W Myrtle Ave has no associated ownership info
7407 W Myrtle Ave has no associated ownership info.

Taxes

7407 W Myrtle Ave has 10 associated Taxes items

7407 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 $52,000. The APN we've located for 7407 W Myrtle Ave is 12-01-215-071-0000.

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Taxes
  • Assessed Value:  $52,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  12-01-215-071-0000
  • Assessed Land Value:  14640
  • Market Land Value:  146400
  • Tax Amount:  8584
  • Tax Year:  2023
  • Market Value:  520000
  • Market Year:  2025

Tax History

7407 W Myrtle Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $52,000 Land Value $14,640 Improvement Value $37,360 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $52,000 Land Value $14,640 Improvement Value $37,360 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $8,584 Change Rate +0.02845% Assessed CR Tax Rate
Year 2022 Assessed Value $44,000 Land Value $11,712 Improvement Value $32,288 Tax Amount $8,346.54 Change Rate +0.02057% Assessed CR Tax Rate +0.189694%
Year 2021 Assessed Value $44,000 Land Value $11,712 Improvement Value $32,288 Tax Amount $8,178.31 Change Rate -0.047723% Assessed CR Tax Rate +0.185871%
Year 2020 Assessed Value $41,654 Land Value $7,320 Improvement Value $34,334 Tax Amount $8,588.16 Change Rate +0.009473% Assessed CR Tax Rate +0.206179%
Year 2019 Assessed Value $45,774 Land Value $7,320 Improvement Value $38,454 Tax Amount $8,507.57 Change Rate +0.017246% Assessed CR Tax Rate +0.18586%
Year 2018 Assessed Value $45,774 Land Value $7,320 Improvement Value $38,454 Tax Amount $8,363.34 Change Rate +0.177977% Assessed CR Tax Rate +0.182709%
Year 2017 Assessed Value $36,356 Land Value $6,441 Improvement Value $29,915 Tax Amount $7,099.75 Change Rate +0.046925% Assessed CR Tax Rate +0.195284%
Year 2016 Assessed Value $36,356 Land Value $6,441 Improvement Value $29,915 Tax Amount $6,781.53 Change Rate +0.038185% Assessed CR Tax Rate +0.186531%
Year 2015 Assessed Value $38,270 Land Value $6,441 Improvement Value $31,829 Tax Amount $6,532.1 Change Rate +0.083087% Assessed CR Tax Rate +0.170685%
Year 2014 Assessed Value $35,074 Land Value $5,856 Improvement Value $29,218 Tax Amount $6,031 Change Rate +0.022065% Assessed CR Tax Rate +0.171951%
Year 2013 Assessed Value $35,074 Land Value $5,856 Improvement Value $29,218 Tax Amount $5,900.8 Change Rate Assessed CR Tax Rate +0.168239%