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Chicago 60628 Fernwood
10357 S EMERALD Avenue
$40,000
● House - Off Market

10357 S EMERALD Avenue

CHICAGO, IL 60628
bedrooms
4 Beds
bathrooms
2 Baths
$86,153
RealtyHop Estimate
91.88%
Since Sep 1, 2008
National-US
Primary Model

About This Property

ATTENTION INVESTORS & REHABBERS! GREAT OPPORTUNITY AWAITS! VACANT, EASY TO SHOW. AS-IS. BUYER TO VERIFY RM COUNT, ZONING & DIMENSIONS. EARNEST MONEY MUST BE CASHIERS CHECK. NO DISCLOSURES/NO SURVEY PROVIDED BY SELLER. BUYER RESPONSIBLE FOR INSPECTIONS, COMPL & ESCROWS AS NEEDED. FAX OFFERS WITH PRE-QUAL OR PROOF OF FUNDS TO LISTING OFFICE. ADDENDUMS APPLY UPON ACCEPTANCE. ALLOW TIME FOR RESPONSE.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$94
HOA Dues
-
Year Built
1915

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 63
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 1,920
  • Gross Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WHITESIDES SUB
  • Land Acres: 0000000072
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: (WHITESIDES) SUB OF WH LTS4-5 IN SCHOOL TRUSTEES SUB OF SEC 16-37-14

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 491100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 25-16-101-022-0000
  • Block: 1
  • Lot: 4,5
  • Meridian: SEC 16 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7053
  • Longitude: -87.6413

    Address

  • Full Address: 10357 S Emerald Ave
  • Address - House Number: 10357
  • Street Direction: S
  • Address - Street Name: Emerald
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C058
  • 4-Digit Zip Code: 2319
  • Zip Code: 60628

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $123,755
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 72092

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 158,250
  • High Value: 194,385
  • Low Value: 122,115

    Market Valuation

  • Market Total Value: $60,000
  • Market Land Value: $17,190
  • Market Improvement Value: $42,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,000
  • Assessed Land Value: $1,719
  • Assessed Improvements Value: $4,281

    Sales

  • Current Sale Contract Date: Oct 15, 2012
  • Current Sale Recording Date: Dec 07, 2012
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 1234233119
  • Previous Sale Recording Date: Oct 06, 2008
  • Previous Sale Contract Date: Sep 29, 2008
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Far South Chicago

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$164

Above Asking

32.41%

Average Days on Market

51

Average Home Size

1231 ft²

Average Home Age

94.4 years

Currently For Sale

800 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 10150 S Wentworth Avenue, Chicago, IL, 60628

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,500 ft²
10150 S Wentworth Avenue, Chicago, IL, 60628 Listing by Rafal Szypcio

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ayoub Rabah, Great Street Properties, Inc.
Data Source: MRED, MLS# MRD06885687
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 10357 South Emerald Avenue built and last sold?
The property at 10357 South Emerald Avenue was built in 1915 and last sold on Oct 15, 2012 for $0.
How much is this home worth?
The estimated value of the home located at 10357 South Emerald Avenue is $45,349.
What are some comparable homes to 10357 South Emerald Avenue?
There are currently no comparable homes to 10357 South Emerald Avenue.
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