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HouseCanary Valuation - 2023-10 - 7542 & 7656 S Colfax Ave, Chicago, IL 60649 - 7542 and 7656 S Colfax Ave, Chicago, IL 60649.pdf
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| Property | 7542 and 7656 S Colfax Ave, Chicago, IL 60649 |
|---|---|
| Folder | Appraisal |
| Kind | |
| Updated | 2023-10-02 |
| Dropbox path | 01 - Appraisal/HouseCanary Valuation - 2023-10 - 7542 & 7656 S Colfax Ave, Chicago, IL 60649 - 7542 and 7656 S Colfax Ave, Chicago, IL 60649.pdf |
What This File Appears To Be
PROPERTY ADDRESS COUNTY APN NUMBER 7656 S Colfax Ave, Chicago, IL 60649 Cook 21-30-310-024 HOUSECANARY VALUE High Confidence HOUSECANARY RENTAL VALUE Average Confidence 0.13 FSD, 87% Confidence 0.20 FSD, 80% Confidence $323,591 $87.48/sq.ft. $1,319 $0.36/sq.ft. $281,557 - $365,625 $1,050 - $1,589 $76.12/sq.ft. - $98.84/sq.ft. $0.28/sq.ft. - $0.43/sq.ft. MARKET STATUS MSA 1YR RISK OF DECLINE 9.2% Very Low Subject Attributes PROPERTY TYPE OWNER OCCUPIED BEDROOMS BATHS GLA LOT SIZE YEAR BUILT BASEM
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PROPERTY ADDRESS COUNTY APN NUMBER 7656 S Colfax Ave, Chicago, IL 60649 Cook 21-30-310-024 HOUSECANARY VALUE High Confidence HOUSECANARY RENTAL VALUE Average Confidence 0.13 FSD, 87% Confidence 0.20 FSD, 80% Confidence $323,591 $87.48/sq.ft. $1,319 $0.36/sq.ft. $281,557 - $365,625 $1,050 - $1,589 $76.12/sq.ft. - $98.84/sq.ft. $0.28/sq.ft. - $0.43/sq.ft. MARKET STATUS MSA 1YR RISK OF DECLINE 9.2% Very Low Subject Attributes PROPERTY TYPE OWNER OCCUPIED BEDROOMS BATHS GLA LOT SIZE YEAR BUILT BASEMENT Multifamily No 9 6 3699 2613 2008 No Recent Similar Comparables (Past 12 Months) Value Forecast # SALE PRICE CURRENT VALUE ADDRESS SIMILARITY 1YR FORECAST GROWTH 2YR FORECAST GROWTH 3YR FORECAST GROWTH 1 $265,000 $363,640 7726 S Kingston... Moderate 4.2% 8.5% 12.6% $337,084 $351,128 $364,525 Chicago, IL 60649 2 $348,500 $389,020 7917 S Phillips... Moderate Chicago, IL 60617 3 $394,000 $390,545 7919 S Burnham Ave Low Purchase History Chicago, IL 60617 4 $300,000 $297,651 7921 S Marquett... Low Apt 1, Chicago, IL 60617 5 $500,000 $474,399 7515 S Essex Ave Low Apt 2, Chicago, IL 60649 6 $348,500 $349,033 7917 S Phillips... $605,000 $594,542 7661 S Coles Ave $135,000 - 9 - $178,148 10 - $168,509 7813 S Phillips... $345,000 $345,000 11/17/2017 $299,000 Low 11/02/2017 $299,000 01/21/2015 $220,000 08/21/2014 $162,000 Low Chicago, IL 60649 8414 S Colfax Ave 02/01/2022 12/30/2021 Chicago, IL 60649 8 SALE PRICE Low Apt 3, Chicago, IL 60617 7 DATE Low Chicago, IL 60617 7704 S Yates Blvd Low Chicago, IL 60649 Report Date 10/01/2023 page 1 PROPERTY ADDRESS COUNTY APN NUMBER 7656 S Colfax Ave, Chicago, IL 60649 Cook 21-30-310-024 Recent Similar Comparables (0-1year) 5 7 1 10 8 3 2 4 6 9 # SIMILARITY DISTANCE PROPERTY SOLD LIST CURRENT VALUE AGE BEDS BATHS GLA SITE AREA - - - SUBJECT $345,000 02/2022 $415,000 08/2021 $323,591 15 9 6 3699 2613 1 Moderate 0.09mi 7726 S Kingston Ave $265,000 11/2022 $259,400 06/2022 $363,640 95 11 7.0 3276 4356 $348,500 12/2022 $344,900 09/2022 $389,020 17 9 3.0 3569 3096 $394,000 08/2023 $394,900 06/2023 $390,545 15 11 6.0 2800 3100 $300,000 07/2023 - $297,651 93 3 1.0 2216 2976 $500,000 12/2022 - $474,399 98 4 1.0 1600 3710 $348,500 01/2023 - $349,033 17 3 1.0 1100 3096 $605,000 05/2023 - $594,542 60 - - - 10000 $135,000 10/2022 $150,000 07/2022 - 61 3 3.0 1760 3720 - $180,000 08/2023 $178,148 109 4 2.0 2200 3125 - $89,000 03/2023 $168,509 103 3 1.0 1256 4158 Chicago, IL 60649 2 Moderate 0.33mi 7917 S Phillips Ave Chicago, IL 60617 3 Low 0.41mi 7919 S Burnham Ave Chicago, IL 60617 4 Low 0.34mi 7921 S Marquette Ave Apt 1, Chicago, IL 60617 5 Low 0.22mi 7515 S Essex Ave Apt 2, Chicago, IL 60649 6 Low 0.33mi 7917 S Phillips Ave Apt 3, Chicago, IL 60617 7 Low 0.37mi 7661 S Coles Ave Chicago, IL 60649 8 Low 0.22mi 7813 S Phillips Ave Chicago, IL 60649 9 Low 0.92mi 8414 S Colfax Ave Chicago, IL 60617 10 Low 0.25mi 7704 S Yates Blvd Chicago, IL 60649 Report Date 10/01/2023 page 2