Tremendous opportunity for the right buyer. 2 units with great cash flow potential. Sold as is. No survey, no termite, no disclosures. Buyer is responsible for any and all inspections, compliances, and escrows as needed. Please fax proof of funds or prequal letter with all offers. Earnest money 3% of purchase price in the form of certified funds.
Multi-familyProperty Type
1913Year Built
3,844 sq ftLot Size
$71Est. Price/Sq.Ft.
2 spacesParking
Listed by Rosario Terracciano• Clickinvest, Inc.
Bought with Rosario Terracciano• Clickinvest, Inc.
Source:MRED as Distributed by MLS Grid #07324617
Redfin Estimate
$270,077
$240K since sold in December 2013$50K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 24.8% lower than the average sale price ($359K) of 6 comparable homes.
Tremendous opportunity for the right buyer. 2 units with great cash flow potential. Sold as is. No survey, no termite, no disclosures. Buyer is responsible for any and all inspections, compliances, and escrows as needed. Please fax proof of funds or prequal letter with all offers. Earnest money 3% of purchase price in the form of certified funds.
MRED as Distributed by MLS Grid #06462828
Jun 30, 2008
Listing Removed
—
Public Records
May 25, 2005
Sold
$237,000
$63/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$3,376 (+2.6%)
$3,460 + $22,140
$25,600
2022
$3,291 (+2.3%)
$4,805 + $11,195
$16,000
2021
$3,217 (−14.8%)
$4,805 + $11,195
$16,000
2020
$3,774 (−2.4%)
$4,805 + $12,138
$16,943
2019
$3,868 (+1.7%)
$4,805 + $14,449
$19,254
2018
$3,803 (−23.7%)
$4,805 + $14,449
$19,254
2017
$4,984 (+7.5%)
$4,228 + $18,926
$23,154
2016
$4,637 (+9.3%)
$4,228 + $18,926
$23,154
2015
$4,242 (+5.9%)
$4,228 + $18,926
$23,154
2014
$4,005 (+318.1%)
$3,459 + $18,128
$21,587
2013
$958 (+1.3%)
$3,459 + $1,812
$5,271
2012
$946 (−13.3%)
$3,459 + $1,812
$5,271
2011
$1,091 (−0.4%)
$4,612 + $2,123
$6,735
2010
$1,096 (−72.8%)
$4,612 + $2,123
$6,735
2009
$4,030 (+1.3%)
$4,612 + $21,231
$25,843
2008
$3,977 (+1.0%)
$3,536 + $24,190
$27,726
2007
$3,938
$3,536 + $24,190
$27,726
Tax history for 7440 S Rhodes Ave #1
Year
Property tax
Land + Additions
Assessment*
2023
$3,376 (+2.6%)
$3,460 + $22,140
$25,600
2022
$3,291 (+2.3%)
$4,805 + $11,195
$16,000
2021
$3,217 (−14.8%)
$4,805 + $11,195
$16,000
2020
$3,774 (−2.4%)
$4,805 + $12,138
$16,943
2019
$3,868 (+1.7%)
$4,805 + $14,449
$19,254
2018
$3,803 (−23.7%)
$4,805 + $14,449
$19,254
2017
$4,984 (+7.5%)
$4,228 + $18,926
$23,154
2016
$4,637 (+9.3%)
$4,228 + $18,926
$23,154
2015
$4,242 (+5.9%)
$4,228 + $18,926
$23,154
2014
$4,005 (+318.1%)
$3,459 + $18,128
$21,587
2013
$958 (+1.3%)
$3,459 + $1,812
$5,271
2012
$946 (−13.3%)
$3,459 + $1,812
$5,271
2011
$1,091 (−0.4%)
$4,612 + $2,123
$6,735
2010
$1,096 (−72.8%)
$4,612 + $2,123
$6,735
2009
$4,030 (+1.3%)
$4,612 + $21,231
$25,843
2008
$3,977 (+1.0%)
$3,536 + $24,190
$27,726
2007
$3,938
$3,536 + $24,190
$27,726
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RS-3
Residential Single-Unit (Detached House) District
The primary purpose of the RS districts is to accommodate the development of detached houses on individual lots. It is intended that RS zoning be applied in areas where the land-use pattern is characterized predominately by detached houses on individual lots or where such a land use pattern is desired in the future. The Zoning Ordinance includes three RS districts - RS3 - which are differentiated primarily on the basis of minimum lot area requirements and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Other
Infrastructure
Educational / school
Library
Recreation
Cemetery
Park & open space
Property details
Interior
Basement Information
Basement Finish: Bedroom
Basement Type: Full
Bathroom Information
# of Full Baths: 3
Heating & Cooling
Heating Type: Hot Water Steam
Room Information
# of Rooms: 16
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Multi-Family
Exterior Wall: Masonry
Building Type: Residential
Property Information
Subdivision Name: WAKEFORD 12TH
Living Sq. Ft: 3,780
# of Units: 3
# of Stories: 2
Stories Type: 2
Legal Description: SOUTH1 FT LOT3 SUB LOTS8&9 BLK4 FLE MINGS SUB SW4NE4 S27 T38N R14E 3P
Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Detached Garage
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 3,844
Legal Lot Number: 4,3
Legal Block Number: 4
Acres: 0.0882
Depth Footage: 125
Front Footage: 30
Zoning Code: 10
County Use Description: APARTMENTS 2-6
Utility Information
Sewer Type: Public
Water Service Type: Public
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 8
Baths: 3.0
Sq. Ft.: 3,780
Stories: 2.0
Lot Size: 3,844 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1913
Year Renovated: —
County: Cook County
APN: 20272260290000
Home facts updated by county records on Sep 15, 2026
Around this home
Schools
Tanner Elementary School
Public PreK-8 • Assigned • 0.3mi
3/10
Hirsch Metropolitan High School
Public 9-12 • Assigned • 0.6mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 15 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60619
Average low and high temperatures (°F)
30
17
39
25
54
36
62
44
67
52
81
65
85
71
81
68
77
62
68
52
52
40
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
10.3 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$257,000 – $311,000
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