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Backup Offers

7842 S Winchester Ave, Chicago, IL, 60620

$310,000

Home List Price

$3,681*

Closing Credit

9 Bedrooms
4 Baths
House
Schools Nearby

Location

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7842 S Winchester Ave, Chicago$310,000

Buyer Closing Credits

$3,681*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Garage2 spaces
Year Built1931
HeatingSteam
BasementYes
MLS #11946156
Lot Size0.09 Acres
StatusAccepting Backup Offers
(Contingent)

About 7842 S Winchester Ave

This is the gift that keeps on giving! You do not want to miss this CASH COW!! Come out and take a look at this huge brick 3 flat building that would be the perfect investment! Whether you want to move in and house hack, or sit back and collect passive income, this is a winner! The Auburn Gresham neighborhood has appreciated at a rapid pace over the last few years, and you want to be here! This property can earn you $60,000 per year with just a little TLC, or $75,000 if you want to complete the basement! How is that for a game changer? Each floor boasts 3 generously sized bedrooms, eat-in kitchen and hardwood floors. Brand new boiler, roof and gutters (2021), tuckpointing (2015), back porches/stairs (2014), updated electrical panels and 2.5 car garage.

Property Details

Property Features

Property Information:

  • Year Built: 1931

Listing Office:

  • Office Name: Jean Pierre Realty Int'l
  • Office Phone: (773) 715-9563
  • Listing Agent: Kenyon Gamble

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Exterior: Porch, Storms/Screens

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Steam

School Info

Assigned Schools Information:

  • Hirsch Metropolitan High School, Public Magnet Grades 9-12
  • Barton Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: 78th street east or west to Winchester S to address

Price Information

Listing Price Info

Price Summary:

  • List Price: $310,000

Tax Information:

  • Annual Amount: $2,879
  • Tax Year: 2019
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Housing Market Comparison

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

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Chicago, IL

City

Med. Sold Price

$346.4K

Med. Price/SqFt

$246

Avg. Days On Market

40

# of Sold Homes

1846

7842 S Winchester Ave vs Chicago

128 DAYS ON ROCKET

+88 Days

$310,000

-$36.4K Less

KEY TAKEAWAY

This property is $36.4K 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: #11946156

Listing Office:

  • Office Name: Jean Pierre Realty Int'l
  • Office Phone: (773) 715-9563
  • Listing Agent: Kenyon Gamble

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.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
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: 4/19/2024, 3:15:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 18, 2021Home Sold
$325,000

Tax History

YEARPROP. TAXASSESSMENT
2019$2,879$17,759
2018$2,829$17,759
2017$3,924$21,608

History based on county public records data.

Payment Calculator

$1,615

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$996

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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.

Elementary School

school-card-donut-615291
3
/10

  • Barton Elementary School

  • 7650 S Wolcott Ave

  • 0.27 miles

  • Public District Grades PK-8

High School

school-card-donut-615292
1
/10

  • Hirsch Metropolitan High School

  • 7740 S Ingleside Ave

  • 3.65 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,750. The most common annual income of people living in Chicago, IL is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Far Southwest Side, Chicago

What are the common housing types in Far Southwest Side, Chicago?

Roughly three quarters of the population of this community own their home while the rest are renters. Single detached homes are the predominant housing type, representing most dwellings in this part of the city, and the remainder are mainly small apartment buildings. This community experienced its largest building boom before the 1960s, so most of the available properties are from this time period. This part of the city offers mainly two bedroom and three bedroom homes.

What are the advantages of living in Far Southwest Side, Chicago?

Far Southwest Side offers a relaxed ambience and will appeal to home buyers who enjoy spending time outdoors. This community is reasonably quiet, as noise from the streets and other parts of the city is rarely an issue - although that is not the case around one of the railway lines, Dan Ryan Expressway West Leg or Interstate 57. Lastly, parks, such as Mount Greenwood Park and Hayes Park, are very well-distributed and there are about 40 of them nearby for residents to enjoy, making it easy to reach them.

Are essential services in Far Southwest Side, Chicago convenient?

It is usually an option for home buyers in Far Southwest Side to buy groceries on foot. Over 100 groceries are situated nearby, and the best selection can be found on streets such as 99th Street. Moreover, those who like to eat in restaurants will have a fair number of opportunities, and home buyers are served by about 40 cafes as well. It is also a reasonably short walk to a good variety of clothing stores. Concerning education, in Far Southwest Side, locals will generally be able to reach both primary and secondary schools by walking. Besides public schools, there are private elementary and secondary schools.

How do Far Southwest Side, Chicago residents get around?

Far Southwest Side will please homeowners that value several means of transportation. The good public transit access allows people to get to many destinations without needing a car. More specifically, there is the 99th St - Beverly Hills Station, Ashburn Station and Brainerd Station with access to the Rock Island Line and Southwest Service Line. There are around 30 bus lines, and bus stops are usually nearby. Traveling by car is also easy in Far Southwest Side. It is easy to park. A majority of the homes for sale in this part of Chicago are located in areas that are quite well-suited for walking; many daily errands can be run on foot.

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Frequently Asked Questions About 7842 S Winchester Ave

What is the listing price of this property?

The listing price of 7842 S Winchester Ave property is $310,000.

What type of property is this?

The property 7842 S Winchester Ave is a house located in Chicago, Illinois, 60620.

Is this property for sale now?

Accepting Backup Offers: 7842 S Winchester Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 7842 S Winchester Ave are:
Barton Elementary School: GreatSchools Rating 3/10
Hirsch Metropolitan High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $2,879 (source: MLS/based on county public records data).

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

The last sale was on August 18, 2021 for $325,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7842 S Winchester Ave has 9 bedrooms and 4 bathrooms.

Which year was this property built?

The year of construction for 7842 S Winchester Ave is 1931.

Rocket Homes›Illinois›Cook County›Chicago›60620›7842 S Winchester Ave

This home is located at 7842 S Winchester Ave in Chicago, IL and zip code 60620 in the Far Southwest Side neighborhood. This home, which was built in 1931, sits on a 0.09 acre lot. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 13, 2023 and is currently priced at $310,000.

While more than 612 listings in Chicago, IL in March 2024 were sold above asking price, there were more than 317 listings sold at asking price, and more than 916 were sold below. The number of homes for sale in Chicago, IL increased by 21.5% between February 2024 and March 2024. While the average time on the market in March 2024 was 40 days, the median list price was $346,470.

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

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