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Chicago 60655 West Morgan Park
10945 S Artesian Avenue
$150,000
● House - Off Market

10945 S Artesian Avenue

Chicago, IL 60655
bedrooms
2 Beds
bathrooms
1 Bath
square feet
968 Ft²
$1,018
Est. Monthly
15.64%
Cap Rate

About This Property

Rarely available West Beverly townhome features formal living & dining rooms, 2 bedrooms, 1 full ceramic bath, & hardwood floors. Oak kitchen, partially finished basement, good size backyard, & 1 car detached garage.  No management company. No monthly assessments. New HWH. Roof has been replaced. Great location- walk to parks, schools, transportation, & shopping. Sold "As-Is".  Needs some work and updating.
Unit Size
968 Ft²
Days on Market
-
Land Size
-
Price per sqft
$160
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1946

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 38
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 10
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,562
  • Total Building Area: 968
  • Gross Building Area: 968
  • Building Area: 968
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 968
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MCELHINNYS SECOND ADD TO SOUTHTOWN
  • Land Acres: 0000000036
  • Standard Land Use Code: 1002
  • County Land Use Code: 2-10
  • Legal Description 1: HAROLD J (MCELHINNYS) (SECOND) ADD TO (SOUTHTOWN) IN SE SEC 13-37-13

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 750300

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 24-13-423-041-0000
  • Lot: 22,39
  • Meridian: SEC 13 TWN 37N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.6941
  • Longitude: -87.6822

    Address

  • Full Address: 10945 S Artesian Ave
  • Address - House Number: 10945
  • Street Direction: S
  • Address - Street Name: Artesian
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C024
  • 4-Digit Zip Code: 1208
  • Zip Code: 60655

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $153,094
  • Tax Rate Code Area: 72003

    Appraisal Valuation

  • Standard Deviation: 0.24
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 130,111
  • High Value: 161,350
  • Low Value: 98,872

    Market Valuation

  • Market Total Value: $74,210
  • Market Land Value: $15,620
  • Market Improvement Value: $58,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,421
  • Assessed Land Value: $1,562
  • Assessed Improvements Value: $5,859

    Sales

  • Current Sale Contract Date: Jun 26, 2017
  • Current Sale Recording Date: Jul 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1719108302

    Financing

  • First Mortgage Financing Type: UNK
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:

$250,222

Sale Price/ft²

$164

Above Asking

0.21%

Average Days on Market

51

Average Home Size

1231 ft²

Average Home Age

92.2 years

Currently For Sale

753 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 10927 S Longwood Drive, Chicago, IL, 60643

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 1,168 ft²
10927 S Longwood Drive #3, Chicago, IL, 60643 Listing by Christina Garrett

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Robert Fitzpatrick, Berkshire Hathaway HomeServices Chicago
Data Source: MRED, MLS# MRD12385131
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 10945 South Artesian Avenue built and last sold?
The property at 10945 South Artesian Avenue was built in 1946 and last sold on Jun 26, 2017 for $89,000.
How much is this home worth?
The estimated value of the home located at 10945 South Artesian Avenue is $0.
What are some comparable homes to 10945 South Artesian Avenue?
There are currently no comparable homes to 10945 South Artesian Avenue.
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