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7240 S Fairfield Ave, Chicago, IL, 60629

$330,000

Home List Price

$3,919*

Closing Credit

5 Bedrooms
3 Full Baths
3,780 SqFt
$87/SqFt
House

Location

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7240 S Fairfield Ave, Chicago$330,000

Buyer Closing Credits

$3,919*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1924
HeatingNatural Gas, Forced Air
CoolingCentral Air
BasementYes
MLS #12210308
Lot Size0.09 Acres
StatusAccepting Backup Offers
(Contingent)

About 7240 S Fairfield Ave

This rehabbed 5 bedroom bungalow has a spacious living room that features custom ceilings and recessed lighting that flow right into a generous dining room that awaits your festivities. The kitchen has stainless steel appliances, quartz counter top, white shaker cherry wood cabinets with European soft close drawers,Farmers sink an enclosed porch leads you to yard. 3 bedrooms on this level have closet space, one of which can be used as a walk in closet or office space. Upper level has 2 bedrooms, family room, full bath, and a walk in closet. Full walk-out basement has plenty of space for entertainment, full bath and laundry area. Just a stroll away from Marquette Park & Golf Course, close to public transportation, minutes from Holy Cross hospital. Home gets a lot of natural lighting.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1924
  • Living Area: 3,780 SqFt

Listing Office:

  • Office Name: Paul Luxury Homes, LLC
  • Office Phone: (312) 610-2175
  • Listing Agent: LeRoy Tyree

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Yes
  • Interior: Hardwood Floors, First Floor Bedroom, First Floor Full Bath

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 71st to Fairfield South to property OR Kedzie to 72nd East to Fairfield, South to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $330,000
  • Price Per SqFt: $87/SqFt

Tax Information:

  • Annual Amount: $889
  • 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

$363.9K

Med. Price/SqFt

$260

Avg. Days On Market

33

# of Sold Homes

1620

7240 S Fairfield Ave vs Chicago

37 DAYS ON ROCKET

+4 Days

$330,000

-$33.9K Less

$87/SqFt

-$174 Less

KEY TAKEAWAY

This property is $33.9K less than the Median Sold Price and $174/SqFt less than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12210308

Listing Office:

  • Office Name: Paul Luxury Homes, LLC
  • Office Phone: (312) 610-2175
  • Listing Agent: LeRoy Tyree

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

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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: 12/21/2024, 11:46:00 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

Nov 29, 2018Home Sold
$235,000
Feb 27, 2018Home Sold
$60,000

Tax History

YEARPROP. TAXASSESSMENT
2019$889$10,570
2018 - $10,570
2017$21$12,289

History based on county public records data.

Payment Calculator

$1,715

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,056

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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-849543
7
/10

  • Tonti Elementary School

  • 5815 S Homan Ave

  • 1.96 miles

  • Public District Grades PK-5

school-card-donut-849544
4
/10

  • Northeast Elementary School

  • 9058 S California Ave

  • 2.26 miles

  • Public District Grades PK-5

school-card-donut-849545
5
/10

  • Sandoval Elementary School

  • 5534 S Saint Louis Ave

  • 2.41 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,632. The most common annual income of people living in Chicago, IL is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7240 S Fairfield Ave

What is the listing price of this property?

The listing price of 7240 S Fairfield Ave property is $330,000.

What type of property is this?

The property 7240 S Fairfield Ave is a house located in Chicago, Illinois, 60629.

Is this property for sale now?

Accepting Backup Offers: 7240 S Fairfield Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $889 (source: MLS/based on county public records data).

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

The last sale was on November 29, 2018 for $235,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7240 S Fairfield Ave has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 7240 S Fairfield Ave is 3,780 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7240 S Fairfield Ave is 1924.

Rocket Homes›Illinois›Cook County›Chicago›60629›7240 S Fairfield Ave

This home is located at 7240 S Fairfield Ave in Chicago, IL and zip code 60629 in the Southwest Side neighborhood. This 3,780 square foot home, which was built in 1924, sits on a 0.09 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $330,000.

While more than 521 listings in Chicago, IL in November 2024 were sold above asking price, there were more than 254 listings sold at asking price, and more than 845 were sold below. The number of homes for sale in Chicago, IL increased by 2.1% between October 2024 and November 2024. The median list price of listings available in November 2024 was $363,936, while the average time on the real estate market was 33 days.

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

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