Chicago  »  60649  »  South Shore

7001 South Merrill Avenue, Chicago, IL 60649

South Shore, Far South Chicago, Chicago
Building in South Shore
3 Stories
Built in 1916
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Welcome to 7001 South Merrill Avenue, a building located in South Shore, Far South Chicago, Chicago in Chicago, IL. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1916. There are a total of 3 floors. Finally, 7001 South Merrill Avenue was most recently sold on Feb 28, 2018 for $733,000. The market value for the land that the building sits on has been listed at $118,130. In addition, improvements upon the building have an added value of $1,344,380. In total, the total market value of the property as a whole is $1,462,510. According to local assessors, the total value of the building is currently valued at $146,251. Specifically, the value of the land that the property sits on has been assessed at $11,813. The building was last assessed in 2022.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1916
Effective Year Built
1916
Building Count
1
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
unknown
Building Style
Multifamily
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
3
Living Units
24
Business/Commerical Units Count
4
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
E L SOMMERS OF WH OF BLK 4 OF COMMISSI
Land Acres
0.289
Standard Land Use Code
Cooperative unit (residential)
County Land Use Code
unknown
Legal Description 1
E L (SOMMERS) OF WH OF BLK 4 OF COMMISSIONERS PARTN I N SH SW SE SEC 24-38-14
Ownership
Current Owner
BAELISH HOLDINGS LLC
Current Owner's Name
PERSEUS HOLDINGS III LLC
Previous Owner
MERRILL 01 LLC
Previous Owner's Name
EDC FUND 3 LLC SERIES MERRILL
Owner Address - City
CHICAGO
Owner Address - State
IL
Owner Address - ZIP Code
60607
Owner Before Previous Owner
TWG 1031 MERRILL LLC
Ownership Rights Codes
unknown
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Chicago Public School District 299
Census Tract
430101
Census Block Code
2001
Census Group
2
Census Year
2018
Census - Combined Statistical Area - Area Code
176
Census - Combined Statistical Area - Area Name
Chicago-Naperville, IL-IN-WI
Census - County FIPS
17031
Census - Full FIPS
170314301012001
Census - Metropolitan Division - Area Code
16974
Census - Metropolitan Division - Area Name
Chicago-Naperville-Arlington Heights, IL
Census - Metro Micro Statistical Area - Area Code
16980
Census - Metro Micro Statistical Area - Area Name
Chicago-Naperville-Elgin, IL-IN-WI
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
1714000
Census Source
US Census Bureau
Census State FIPS
17
Census Tract Code
430101
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
1709930
School District - Unified - Name
Chicago Public School District 299
Zoning
Zoning
RM-5
Geography
Assessors Map Reference
016-96-04
District
70
Parcel
20-24-424-001-0000
Block
4
Lot
2,1
Lot Code
unknown
Meridian
SEC 24 TWN 38N RNG 14E
Municipality
HYDE PARK
Latitude
41.7677
Longitude
-87.5723
FIPS
17031
Mailing Carrier Code
C090
Mailing Street Direction
W
Mailing Full Street Address
1142 W MADISON ST STE 402
Mailing House Number
1142
Mailing Street Mode
ST
Mailing Street
MADISON
Mailing Unit Number
402
Mailing Unit Type
STE
Mailing 4-Digit Zip Code
2191
Old APN
20-24-424-001-0000
Geo Status Code
unknown
Valuation
Timestamp
2024-02-01 23:23:09
UCID Flag
C
More About The Building
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 7001 South Merrill Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the South Shore area have a median price of $1,350. Those in the 25th percentile, have a price around $1,200. While those in the 75th percentile, have a price around $1,675. Typically, the buildings in this area have a median sqft of 1,100. That means that the median price per sqft is around $1. In other words, the price per sqft for buildings in the 25th percentile is $1. While the price per sqft for buildings in the 75th percentile is $2. As a breakdown, we've included the following stats:

  • There are currently a total of 2 studio listings. The median price for these types of listings is $963. That's $2.30 price per sqft.

  • There are currently a total of 10 one bedroom listings. The median price for these types of listings is $1,200. That's $1.86 price per sqft.

  • There are currently a total of 7 two bedroom listings. The median price for these types of listings is $1,400. That's $1.36 price per sqft.

  • There are currently a total of 11 three bedroom listings. The median price for these types of listings is $1,450. That's $1.41 price per sqft.

  • There are currently a total of 2 four bedroom listings. The median price for these types of listings is $2,088. That's $1.00 price per sqft.
About The Area
7001 South Merrill Avenue is located in 60649. There are 45,218 people living here. There are 20,735 households. Most of these households have an average family size of 3.32 people. According to the census, 78% are currently renting while 22% own their homes. The median age of this population is around 38.4 years old. On average, most folks in the zipcode are unmarried. About 6% of folks speak a language other than English in this area. The area's employment rate is currently around 46.8%. Speaking of employment, the median income is $26,246. Most folks will commute by car for around 43.1 minutes. Finally, we know that 23% of residents in the area have graduated with their high school degree. Additionally, 15% and 10% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Cook County, Illinois has a population of 5,227,575 people. Based on census records, there are 1,951,606 registered households. Families in this area are on average made up of 3.43 people per household. Most folks are unmarried. They are also typically around 36.1 years old. Does diversity matter to you? Right now, 35% of folks speak a language other than English here. About 43% rent while 57% purchased their homes. Right now, the community is made up of 24% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 15% have a Master's degree. The employment rate is currently around 59.7%. Those employed, have a median income of $56,902. If you move here, you can expect to commute mostly by car for around 32.6 minutes.

Finally, let's take a look at the stats related to Chicago, IL - IN Urban Area. The urban area is home to 8,672,319 people. A total of 3,153,810 households are registered here. With average family sizes being listed at 3.4 people. About 24% of residents have graduated with a high school degree. Of the rest, 22% have their Bachelor's and 14% have their Master's degree. Folks speaking a language other than English, make up about 30% of the population. Looking to move to this urban area? You'll need to look forward to commuting by car for around 31.5 minutes. Speaking of your commute, 61.2% of people in this area are employed. The recorded median income is currently at $63,064 per year. The median population age has been listed at 36.6 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 37% of the population while homeowners are at about 63% of the population.
$963
Studio Median Rent
$1,200
1BR Median Rent
$1,400
2BR Median Rent
$1,450
3BR Median Rent
PUBLIC TRANSIT
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Nearby Schools

(within attendance boundary)
OKeeffe Elem School  •  0.07 mi
6940 S Merrill Ave, Chicago, IL 60649
Public  •  Elementary  •  Grades PK to 8
Chicago Public School District 299
Univ of Chicago Chtr - Woodson  •  3.67 mi  
Charter
4444 S Evans Ave, Chicago, IL 60653
Public  •  Middle School  •  Grades 8
Chicago Public School District 299
2100 E 87th St, Chicago, IL 60617
Public  •  High School  •  Grades 9 to 12
Chicago Public School District 299
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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