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HouseCanary AVM Report - 2022-05-05 - 7542 and 7656 S Colfax Ave, Chicago, IL 60649.pdf

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Description

PROPERTY ADDRESS COUNTY APN NUMBER 7656 S Colfax Ave, Chicago, IL 60649 Cook 21-30-310-024 HOUSECANARY VALUE High Confidence HOUSECANARY RENTAL VALUE $349,520 $350/sq.ft. $1,410 $1.41/sq.ft. $336,728 - $362,312 $1,117 - $1,703 $337/sq.ft. - $362/sq.ft. $1.12/sq.ft. - $1.7/sq.ft. Seller’s Market MARKET STATUS Average Confidence 3.9% Very Low MSA 1YR RISK OF DECLINE Subject Attributes PROPERTY TYPE OWNER OCCUPIED BEDROOMS BATHS GLA LOT SIZE YEAR BUILT BASEMENT Multifamily No 9 6 1000 2890 2008 Yes

Extracted Content

PROPERTY ADDRESS COUNTY APN NUMBER 7656 S Colfax Ave, Chicago, IL 60649 Cook 21-30-310-024 HOUSECANARY VALUE High Confidence HOUSECANARY RENTAL VALUE $349,520 $350/sq.ft. $1,410 $1.41/sq.ft. $336,728 - $362,312 $1,117 - $1,703 $337/sq.ft. - $362/sq.ft. $1.12/sq.ft. - $1.7/sq.ft. Seller’s Market MARKET STATUS Average Confidence 3.9% Very Low MSA 1YR RISK OF DECLINE Subject Attributes PROPERTY TYPE OWNER OCCUPIED BEDROOMS BATHS GLA LOT SIZE YEAR BUILT BASEMENT Multifamily No 9 6 1000 2890 2008 Yes Recent Similar Comparables (Past 12 Months) Insufficient data available for a graph Value Forecast 1YR FORECAST GROWTH 2YR FORECAST GROWTH 3YR FORECAST GROWTH 7.3% 14.0% 19.3% $374,981 $398,615 $416,987 Purchase History Report Date 05/05/2022 DATE SALE PRICE 02/01/2022 $345,000 12/30/2021 $345,000 11/17/2017 $299,000 11/02/2017 $299,000 01/21/2015 $220,000 08/21/2014 $162,000 page 1 PROPERTY ADDRESS COUNTY APN NUMBER 7656 S Colfax Ave, Chicago, IL 60649 Cook 21-30-310-024 Market Analysis - 60649 Days on Market - Sold or De-listed Properties Months of Supply THIS MONTH LAST YEAR THIS MONTH THIS MONTH LAST YEAR THIS MONTH 47 61 1.4 1.5 Market Index 1 Year risk of decline THIS MONTH LAST YEAR T