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Chicago 60655 Kennedy Park
11156 S Artesian Avenue
$248,000
● House - Off Market

11156 S Artesian Avenue

Chicago, IL 60655
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,791 Ft²
$264,428
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Incredibly spacious brick Georgian on fantastic private tree-lined street. Formal living room with wood-burning fireplace and hardwood floors. Huge, fully updated, eat-in kitchen with newer stainless steel appliances and tons of oak cabinetry. Main level family room off kitchen features hardwood floors, main-level laundry and full newer main level bath. 3 spacious bedrooms plus main level office that could easily be used as 4th bedroom, 2 full baths and full basement for further expansion. Side driveway leads to oversized detached garage with alley and driveway access. Close to schools, restaurants and shopping. Room to grow in this spacious home on fantastic block.
Unit Size
1,791 Ft²
Days on Market
-
Land Size
-
Price per sqft
$145
Property Type
House
Property Taxes
$424
HOA Dues
-
Year Built
-

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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 #11659870)

Price History

Date / Event Date Event Price
Apr 7, 2023 Sold
Premium
Sold
Oct 25, 2022 Listed by Berkshire Hathaway HomeServices Chicago $259,900
Listed by Berkshire Hathaway HomeServices Chicago

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,240
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: FA HILLS ADDITION TO MORGAN PARK
  • Land Acres: 0000000280
  • Standard Land Use Code: 8000
  • County Land Use Code: 2-41

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 750400

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 24-24-206-045-0000
  • Meridian: SEC 24 TWN 37N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.6901
  • Longitude: -87.6827

    Address

  • Full Address: 11156 S Artesian Ave
  • Address - House Number: 11156
  • Street Direction: S
  • Address - Street Name: Artesian
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C019
  • 4-Digit Zip Code: 1320
  • Zip Code: 60655

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,578
  • Tax Rate Code Area: 72133

    Market Valuation

  • Market Total Value: $12,400
  • Market Land Value: $12,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,240
  • Assessed Land Value: $1,240

    Sales

  • Current Sale Contract Date: Apr 06, 2023
  • Current Sale Recording Date: Apr 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 49033
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:

$254,000

Sale Price/ft²

$164

Above Asking

0.21%

Average Days on Market

51

Average Home Size

1226 ft²

Average Home Age

92.3 years

Currently For Sale

752 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 10073 S Prospect Avenue, Chicago, IL, 60643

$1,750 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
10073 S Prospect Avenue #2, Chicago, IL, 60643 Listing by Lourdes Linan

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Robert Fitzpatrick, Berkshire Hathaway HomeServices Chicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11659870
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 11156 South Artesian Avenue built and last sold?
The property at 11156 South Artesian Avenue was built in and last sold on Apr 6, 2023 for $1,000.
How much is this home worth?
The estimated value of the home located at 11156 South Artesian Avenue is $264,757.
What are some comparable homes to 11156 South Artesian Avenue?
There are currently no comparable homes to 11156 South Artesian Avenue.
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