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7708 Luella Ave

Chicago, IL 60649

4 bd 3 ba 2,009 sqft Built 1936 Lot 6,299 sqft single_family
Most recent sale
$43,000
Jul 9, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 16, 2022 Sold $395,000 MRED
Oct 5, 2022 Relisted $437,000 MLS #11643606
Oct 3, 2022 Listing removed $437,000 MRED
Jul 9, 2021 Sold $43,000 MLS #10862035
Jun 8, 1989 Sold $91,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $12,125 $7,875 $20,000 $4,234
2022 $12,125 $7,875 $20,000 $4,113
2021 $12,125 $7,875 $20,000 $3,352
2020 $11,101 $5,670 $16,771 $3,044
2019 $12,965 $5,670 $18,635 $3,055
2018 $12,965 $5,670 $18,635 $3,002
2017 $15,393 $5,040 $20,433 $3,672
2016 $15,393 $5,040 $20,433 $3,592
2015 $15,393 $5,040 $20,433 $3,264
2014 $12,620 $4,410 $17,030 $2,683
2013 $12,620 $4,410 $17,030 $2,619
2012 $12,620 $4,410 $17,030 $2,608
2011 $11,028 $5,670 $16,698 $2,294
2010 $11,028 $5,670 $16,698 $1,938
2009 $11,028 $5,670 $16,698 $2,604
2008 $15,602 $4,284 $19,886 $2,853
2007 $15,602 $4,284 $19,886 $2,824
2006 $15,602 $4,284 $19,886 $2,854

Property facts

Year built
1936
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,009 sqft
Lot size
6,299 sqft
ZIP code
60649
City
Chicago
Street
Luella Ave
Coordinates
41.75498, -87.57030

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$258
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7708 Luella Ave last sell?
7708 Luella Ave most recently sold on Jul 9, 2021 for $43,000.
What is the current tax assessment for 7708 Luella Ave?
The most recent total assessment for 7708 Luella Ave (year 2023) is $20,000 with $4,234 in property tax.
How does 7708 Luella Ave's assessment compare to its last sale price?
The current assessment is 53.5% below the last sale price of $43,000.
When was 7708 Luella Ave built?
7708 Luella Ave was built in 1936.
How does 7708 Luella Ave compare to others on Luella Ave?
We track 8 other properties on Luella Ave. Browse the list under "Other properties on Luella Ave" to compare beds, baths, and sale history.
What are the property facts for 7708 Luella Ave?
7708 Luella Ave is a 4 bed, 3 bath, 2,009 sqft, 6,299 sqft lot single_family.
Is 7708 Luella Ave a flip candidate?
Yes — 7708 Luella Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7708 Luella Ave a tax-appeal candidate?
No — 7708 Luella Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.7%
Implied 1-yr
+14.7%
2026 Q3
$290.6K
2026 Q4
$299.3K
ZIP 60649 — Median Price History + Forecast

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