Exceptional Investment Opportunity: This incredibly spacious home offers endless potential-including the opportunity to convert it back into a multi-unit residence (buyer to verify zoning). Featuring four generously sized bedrooms with ample closet space, this property provides a flexible layout ready for your vision. The kitchen that includes a sun porch, can easily be opened up to create a more modern, flowing floor plan that connects seamlessly to the separate living and dining rooms. Each level includes a bathroom for added convenience. The second floor offers three large bedrooms and a versatile sitting area that could be transformed into a luxurious primary suite. The basement boasts a half bath, good ceiling height, and dedicated laundry and utility rooms. Outside, the expansive backyard is perfect for family enjoyment and leads to a two-car garage, which is in need of major repair. 2 newer furnaces (3 years old) ready for central air, one for the main level and another for the 2nd floor. This property is brimming with potential and awaits your personal touch. Sold As-Is.
Closed
$145,000
7316 S Lafayette Ave, Chicago, IL 60621
4beds
1,411sqft
Single Family Residence
Built in 1903
3,125 Square Feet Lot
$151,600 Zestimate®
$103/sqft
$2,642 Estimated rent
Home value
$151,600
$136,000 - $168,000
$2,642/mo
Zestimate® history
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List your homeWhat's special
Generously sized bedroomsFlexible layoutModern flowing floor planSpacious homeTwo-car garageExpansive backyardSun porch
Zillow last checked:
Listing updated:
Listing courtesy of:
Karmen Spears 708-466-9128,
POWER Realty Chicagoland,PLLC
Bought with:
Reginald Patterson
eXp Realty
Source: MRED as distributed by MLS GRID,MLS#: 12381662
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Flooring (Carpet)
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12X15
Bedroom 2
- Features: Flooring (Wood Laminate)
- Level: Second
- Area: 169 Square Feet
- Dimensions: 13X13
Bedroom 3
- Features: Flooring (Wood Laminate)
- Level: Second
- Area: 132 Square Feet
- Dimensions: 11X12
Bedroom 4
- Features: Flooring (Carpet)
- Level: Second
- Area: 144 Square Feet
- Dimensions: 12X12
Dining room
- Features: Flooring (Carpet)
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12X14
Kitchen
- Features: Kitchen (Eating Area-Table Space)
- Level: Main
- Area: 64 Square Feet
- Dimensions: 8X8
Living room
- Features: Flooring (Carpet)
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12X14
Sitting room
- Features: Flooring (Carpet)
- Level: Second
- Area: 180 Square Feet
- Dimensions: 9X20
Heating
- Natural Gas, Forced Air
Cooling
- None
Appliances
- Included: Range, Refrigerator
Features
- Basement: Finished,Full
Interior area
- Total structure area: 0
- Total interior livable area: 1,411 sqft
Property
Parking
- Total spaces: 2.5
- Parking features: On Site, Detached, Garage
- Garage spaces: 2.5
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
Lot
- Size: 3,125 sqft
- Dimensions: 25X125
Details
- Parcel number: 20282210300000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1903
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & neighborhood
Location
- Region: Chicago
HOA & financial
HOA
- Services included: None
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2025 | Sold | $145,000-3.3%$103/sqft |
Source:  MRED as distributed by MLS GRID #12381662 Report a problem | ||
| 6/11/2025 | Contingent | $150,000$106/sqft |
Source: MRED as distributed by MLS GRID #12381662 Report a problem | ||
| 6/2/2025 | Listed for sale | $150,000+445.4%$106/sqft |
Source: MRED as distributed by MLS GRID #12381662 Report a problem | ||
| 1/18/2019 | Listing removed | $1,350$1/sqft |
Source: Kenneth Samuels Report a problem | ||
| 12/18/2018 | Listed for rent | $1,350$1/sqft |
Source: Kenneth Samuels Report a problem | ||
| 6/29/2010 | Sold | $27,501-82.4%$19/sqft |
Source: MRED as distributed by MLS GRID #07516490 Report a problem | ||
| 6/21/2002 | Sold | $156,000$111/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $6,100 -12.8% |
| 2023 | $1,477 +2.6% | $6,999 |
| 2022 | $1,440 +2.3% | $6,999 |
| 2021 | $1,407 -12.3% | $6,999 -2.8% |
| 2020 | $1,605 -0.2% | $7,204 -10% |
| 2019 | $1,608 +1.7% | $8,005 |
| 2018 | $1,581 -33% | $8,005 -27% |
| 2017 | $2,361 +7.5% | $10,968 |
| 2016 | $2,197 +9.3% | $10,968 |
| 2015 | $2,010 +10.9% | $10,968 +12.3% |
| 2014 | $1,812 +2% | $9,764 |
| 2013 | $1,776 +1.4% | $9,764 |
| 2012 | $1,752 -15.7% | $9,764 -23.9% |
| 2011 | $2,079 -0.4% | $12,830 |
| 2010 | $2,088 +4.4% | $12,830 |
| 2009 | $2,001 -21.8% | $12,830 -28% |
| 2008 | $2,557 +1% | $17,828 |
| 2007 | $2,532 -1.1% | $17,828 |
| 2006 | $2,559 +68.8% | $17,828 +92.2% |
| 2005 | $1,516 +1% | $9,277 |
| 2004 | $1,501 +2.2% | $9,277 |
| 2003 | $1,468 +50.9% | $9,277 +71.3% |
| 2002 | $973 +3.8% | $5,416 |
| 2001 | $938 +25.8% | $5,416 |
| 2000 | $746 -0.7% | $5,416 +39.6% |
| 1999 | $751 | $3,881 |
Find assessor info on the county website
Neighborhood: Park Manor
Nearby schools
GreatSchools rating
- 4/10Deneen Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 1/10Englewood STEM High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$151,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$151,600
- Illinois
- Cook County
- Chicago
- 60621
- Park Manor
- 7316 S Lafayette Ave
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