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HouseCanary AVM Report - 2022-11-03 - 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 | 2022-11-03 |
| Dropbox path | 01 - Appraisal/HouseCanary AVM Report - 2022-11-03 - 7542 and 7656 S Colfax Ave, Chicago, IL 60649.pdf |
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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 $358,926 $359/sq.ft. $1,869 $1.87/sq.ft. $323,967 - $393,885 $1,431 - $2,308 $324/sq.ft. - $394/sq.ft. $1.43/sq.ft. - $2.31/sq.ft. Neutral Market MARKET STATUS Average Confidence 5.6% 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) Value Forecast SALE PRICE CURRENT VALUE ADDRESS SIMILARITY 1YR FORECAST GROWTH 2YR FORECAST GROWTH 3YR FORECAST GROWTH 1 $400,000 $400,480 7710 S Phillips... High 4.8% 9.1% 13.0% $376,241 $391,420 $405,478 Chicago, IL 60649 2 $345,000 $345,261 7840 S Kingston... Moderate Chicago, IL 60649 3 $335,000 $334,987 7814 S Essex Ave Moderate Purchase History…
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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 $358,926 $359/sq.ft. $1,869 $1.87/sq.ft. $323,967 - $393,885 $1,431 - $2,308 $324/sq.ft. - $394/sq.ft. $1.43/sq.ft. - $2.31/sq.ft. Neutral Market MARKET STATUS Average Confidence 5.6% 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) Value Forecast # SALE PRICE CURRENT VALUE ADDRESS SIMILARITY 1YR FORECAST GROWTH 2YR FORECAST GROWTH 3YR FORECAST GROWTH 1 $400,000 $400,480 7710 S Phillips... High 4.8% 9.1% 13.0% $376,241 $391,420 $405,478 Chicago, IL 60649 2 $345,000 $345,261 7840 S Kingston... Moderate Chicago, IL 60649 3 $335,000 $334,987 7814 S Essex Ave Moderate Purchase History Chicago, IL 60649 4 $355,000 $355,750 7550 S Kingston... Moderate DATE SALE PRICE 02/01/2022 $345,000 12/30/2021 $345,000 Low Chicago, IL 60649 11/17/2017 $299,000 7651 S Kingston... Low 11/02/2017 $299,000 01/21/2015 $220,000 08/21/2014 $162,000 Chicago, IL 60649 5 $415,000 $414,494 7835 S Essex Ave Moderate Apt 3, Chicago, IL 60649 6 7 $265,000 - $388,193 $509,005 7726 S Kingston... Chicago, IL 60649 8 $445,000 $445,017 7829 S Essex Ave Low Chicago, IL 60649 9 $430,000 $429,954 7612 S Phillips... Low Unit 1, Chicago, IL 60649 10 $582,500 $582,394 7836 S Kingston... Low Chicago, IL 60649 Report Date 11/02/2022 page 1 PROPERTY ADDRESS COUNTY APN NUMBER 7656 S Colfax Ave, Chicago, IL 60649 Cook 21-30-310-024 Recent Similar Comparables (0-1year) 4 9 7 1 6 3 8 5 10 2 # SIMILARITY DISTANCE PROPERTY SOLD LIST CURRENT VALUE AGE BEDS BATHS GLA SITE AREA - - - SUBJECT $345,000 02/2022 $415,000 08/2021 $358,926 14 9 6 1000 2890 1 High 0.19mi 7710 S Phillips Ave $400,000 05/2022 $350,000 03/2022 $400,480 12 9 4.5 1700 3720 $345,000 05/2022 - $345,261 98 - - - 7430 $335,000 10/2022 $350,000 05/2022 $334,987 62 - - 2610 3720 $355,000 08/2022 - $355,750 95 - - - 11664 $415,000 01/2022 - $414,494 63 - - 3385 3720 $265,000 11/2022 $259,400 06/2022 $388,193 6 12 7.0 - 4356 - $450,000 09/2022 $509,005 101 9 6.0 - 3484 $445,000 10/2022 $449,000 08/2022 $445,017 96 - - 4008 3720 $430,000 10/2022 - $429,954 96 - - 4350 3720 $582,500 01/2022 $610,000 11/2021 $582,394 99 - - 4596 3720 Chicago, IL 60649 2 Moderate 0.23mi 7840 S Kingston Ave Chicago, IL 60649 3 Moderate 0.21mi 7814 S Essex Ave Chicago, IL 60649 4 Moderate 0.15mi 7550 S Kingston Ave Chicago, IL 60649 5 Moderate 0.22mi 7835 S Essex Ave Apt 3, Chicago, IL 60649 6 Low 0.09mi 7726 S Kingston Ave Chicago, IL 60649 7 Low 0.03mi 7651 S Kingston Ave Chicago, IL 60649 8 Low 0.21mi 7829 S Essex Ave Chicago, IL 60649 9 Low 0.21mi 7612 S Phillips Ave Unit 1, Chicago, IL 60649 10 Low 0.22mi 7836 S Kingston Ave Chicago, IL 60649 Report Date 11/02/2022 page 2