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Chicago 60622 Humboldt Park
1308 N Artesian Avenue
$425,000
● Land - Off Market

1308 N Artesian Avenue

Chicago, IL 60622
bedrooms
Studio
bathrooms
0 Bath
$756,646
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

This is for development only. The church an land on 2 corner lots are being sold as is, where is, seller is ready to close now. The actual address is 1300-02 N. Artesian.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2018

Payment Calculator

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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 #08799121)

Price History

Date / Event Date Event Price
Jun 29, 2015 Sold
Premium
Sold
Dec 9, 2014 Listed by Real People Realty $425,000
Listed by Real People Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 6
  • 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: 6,301
  • Total Building Area: 2,100
  • Gross Building Area: 2,100
  • Building Area: 2,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,100
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINSLOW & JACOBSONS SUBDIVISION
  • Land Acres: 0000000145
  • Standard Land Use Code: 1004
  • County Land Use Code: 2-99

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 241100

Zoning

  • Zoning: RS-3

Geography

  • District: 77
  • Parcel: 16-01-220-051-1004
  • Municipality: WEST CHICAGO
  • Latitude: 41.9052
  • Longitude: -87.6887

    Address

  • Full Address: 1308 N Artesian Ave
  • Address - House Number: 1308
  • Street Direction: N
  • Address - Street Name: Artesian
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C073
  • 4-Digit Zip Code: 2934
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,214,410
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 708,180
  • High Value: 856,879
  • Low Value: 559,481

    Market Valuation

  • Market Total Value: $590,450
  • Market Land Value: $20,840
  • Market Improvement Value: $569,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,045
  • Assessed Land Value: $2,084
  • Assessed Improvements Value: $56,961

    Sales

  • Current Sale Contract Date: Feb 22, 2022
  • Current Sale Recording Date: Mar 25, 2022
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 2208457037
  • Previous Sale Recording Date: Dec 02, 2021
  • Previous Sale Contract Date: Nov 16, 2021
  • Previous Sale Amount: $715,000
  • Previous Sale Document Type: 71
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 Northwest Side

Stats & Trends

Median Asking:

$524,900

Sale Price/ft²

$283

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1281 ft²

Average Home Age

77.7 years

Currently For Sale

809 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

Rentals Near You

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MRED

Listed by: James Hawkins, Real People Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 08799121
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 1308 North Artesian Avenue built and last sold?
The property at 1308 North Artesian Avenue was built in 2018 and last sold on Feb 22, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 1308 North Artesian Avenue is $0.
What are some comparable homes to 1308 North Artesian Avenue?
There are currently no comparable homes to 1308 North Artesian Avenue.
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