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Chicago 60608 Bridgeport
1043-45 W 34th Place
$210,000
● Land - Off Market

1043-45 W 34th Place

CHICAGO, IL 60608
bedrooms
Studio
bathrooms
0 Bath
$318,872
RealtyHop Estimate
59.44%
Since Jan 1, 2014
IL-Chicago
Primary Model

About This Property

2 Vacant Lots 1043 and 1045 W 34th Pl. Available for sale together. Additional pin # for 1045 is 0000. City gas/elec/water available. single family zoning. Extra deep lots.
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
Land
Property Taxes
$129
HOA Dues
-
Year Built
2019

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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.

Last updated: 3 years ago (MRED MLS #08483048)

Price History

Date / Event Date Event Price
Dec 12, 2013 Sold
Premium
Sold
Nov 6, 2013 Listed by Coldwell Banker Realty $200,000
Listed by Coldwell Banker Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 34
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,225
  • Total Building Area: 2,288
  • Gross Building Area: 2,288
  • Building Area: 2,288
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,288
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRACYS PARTITION &
  • Land Acres: 0000000074
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 839700

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 76
  • Parcel: 17-32-225-008-0000
  • Block: 3
  • Lot: 2-4
  • Meridian: SEC 32 TWN 39N RNG 14E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8313
  • Longitude: -87.6526

    Address

  • Full Address: 1043 W 34th Pl
  • Address - House Number: 1043
  • Street Direction: W
  • Address - Street Name: 34th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C040
  • 4-Digit Zip Code: 6518
  • Zip Code: 60608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,287,152
  • Tax Rate Code Area: 76019

    Appraisal Valuation

  • Standard Deviation: 0.2337
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 747,398
  • High Value: 922,076
  • Low Value: 572,720

    Market Valuation

  • Market Total Value: $660,000
  • Market Land Value: $129,000
  • Market Improvement Value: $531,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,000
  • Assessed Land Value: $12,900
  • Assessed Improvements Value: $53,100

    Sales

  • Current Sale Contract Date: Jun 06, 2018
  • Current Sale Recording Date: Jun 11, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1816229184
  • Previous Sale Recording Date: Dec 20, 2013
  • Previous Sale Contract Date: Dec 06, 2013
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Southwest Side

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1004 ft²

Average Home Age

85.2 years

Currently For Sale

278 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

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MRED

Listed by: Gina Musolino, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 08483048
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 1043 West 34th Place built and last sold?
The property at 1043 West 34th Place was built in 2019 and last sold on Jun 6, 2018 for $595,000.
How much is this home worth?
The estimated value of the home located at 1043 West 34th Place is $0.
What are some comparable homes to 1043 West 34th Place?
There are currently no comparable homes to 1043 West 34th Place.
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