9 days on rocket

7142 S Parnell Ave, Chicago, IL, 60621

$315,000

Home List Price

$3,741*

Closing Credit

7 Bedrooms
3 Baths
House
Schools Nearby

Location

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7142 S Parnell Ave, Chicago$315,000

Buyer Closing Credits

$3,741*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingUnassigned, Parking Lot
Year Built1889
HeatingNatural Gas
BasementYes
MLS #12038723
StatusActive

About 7142 S Parnell Ave

Welcome to this charming two-family home. Each unit boasts its own distinct character with ample living space and modern amenities. The first floor is duplexed to the lower level providing amazing space with 5beds & 2baths for a family that wants to stretch out or an investor that wants to maximize cashflow. The second floor features 2beds & 1bath with an open concept living room & dining room flowing into the kitchen. Fully occupied with the first floor lease ending June 2024 & the second floor being month to month. Walk into this great location and have access to parks within walking distance and this property also features 2 parking spaces. The property was rehabbed in 2019, Featuring: New stainless-steel appliances, New water tanks, New roof, New Plumbing, New electrical, New windows and more. Easy access to downtown Chicago being 10 miles away and a quick 20 min drive to Navy Pier. Schedule your appointment today to see this beautiful 2 Unit property!! (Property is currently fully occupied)

Property Details

Property Features

Property Information:

  • Year Built: 1889

Listing Office:

  • Office Name: Blue Door Dave Inc
  • Office Phone: (773) 234-4218
  • Listing Agent: David Thomas

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Parking: Unassigned, Parking Lot

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: South to 71st & Dan Ryan, exit going west to Parnell and turn on Parnell to 7142 S. Parnell

Price Information

Listing Price Info

Price Summary:

  • List Price: $315,000

Tax Information:

  • Annual Amount: $1,636
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

Med. Sold Price

$349K

Med. Price/SqFt

$250

Avg. Days On Market

33

# of Sold Homes

2268

7142 S Parnell Ave vs Chicago

9 DAYS ON ROCKET

-24 Days

$315,000

-$34K Less

KEY TAKEAWAY

This property is $34K less than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12038723

Listing Office:

  • Office Name: Blue Door Dave Inc
  • Office Phone: (773) 234-4218
  • Listing Agent: David Thomas

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 12:15:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 11, 2021Home Sold
$210,000
Jun 06, 2006Home Sold
$45,000
Aug 06, 2001Home Sold
$85,500

Tax History

YEARPROP. TAXASSESSMENT
2019$1,636$8,143
2018$1,608$8,143
2017$2,093$9,725

History based on county public records data.

Payment Calculator

$1,640

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,011

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-6261725
2
/10
  • Harvard Elementary School

  • 7525 S Harvard Ave

  • 0.55 miles

  • Public District Grades KG-8

school-card-donut-6261726
2
/10
  • Parker Elementary Community Academy

  • 6800 S Stewart Ave

  • 0.57 miles

  • Public District Grades PK-8

school-card-donut-6261727
1
/10
  • Stagg Elementary School

  • 7424 S Morgan St

  • 0.66 miles

  • Public District Grades KG-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,744. Typical income of Chicago, IL residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7142 S Parnell Ave

What is the listing price of this property?

The listing price of 7142 S Parnell Ave property is $315,000.

What type of property is this?

The property 7142 S Parnell Ave is a house located in Chicago, Illinois, 60621.

Is this property for sale now?

Active Listing: 7142 S Parnell Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $1,636 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 11, 2021 for $210,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7142 S Parnell Ave has 7 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 7142 S Parnell Ave is 1889.

Rocket Homes›Illinois›Cook County›Chicago›60621›7142 S Parnell Ave

This home is located at 7142 S Parnell Ave in Chicago, IL and zip code 60621 in the Englewood neighborhood. This home was built in 1889. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $315,000.

In April 2024 more than 867 listings in Chicago, IL were sold above the asking price. During the same period more than 378 listings were sold at asking price, while more than 1023 were sold below. The number of listings in Chicago, IL increased by 18.4% between March 2024 and April 2024. While the average time on the market in April 2024 was 33 days, the median list price was $349,097.

From Rocket Homes Real Estate and based on county public records data.

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