Check Availability
$180,000
↓ $30K (14.3%)
House - For Sale

1315 W 111th Place

Chicago, IL 60643
bedrooms
5 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
5600 Sqft
$1,019
Estimated Monthly
$0
HOA / Fees
16.37%
Cap Rate

About This Property

Perfect home for a contractor or someone handy in the Morgan Park Area ** GREAT INVESTMENT OPPORTUNITY! HUGE POTENTIAL.THE HOME HAS BEEN STRIPPED DOWN TO THE STUDS AND IS INCOMPLETE. Blueprints and Permits are available. Oversized Brick Bungalow Home offers 6 Bedrooms and 4 bathrooms and sits on a double lot. Home is currently just a shell with 90 % new windows and a new roof. Property is selling as is. 2 Car attached garage. ARV $525,000

The manager has listed the unit size as 5600 square feet.
Unit Size
5,600Ft²
Days on Market
61 days
Land Size
-
Price per sqft
$32
Property Type
House
Property Taxes
$135
HOA Dues
-
Year Built
1929
Listed By
Donna Avant
Infiniti Properties, Inc.
Last updated: 25 days ago (MREDIL #11992461)

Price History

Date / Event Date Event Price
Apr 6, 2024 Price Decreased $180,000
↓ $30K (14.3%)
Price Decreased
Feb 29, 2024 Listed by Infiniti Properties Inc $210,000
Listed by Infiniti Properties Inc
Sep 14, 2021 No longer available -
No longer available
Sep 7, 2021 Listed by RE/MAX City $120,000
Listed by RE/MAX City
Perfect home for a contractor or someone handy. ** GREAT INVESTMENT OPPORTUNITY! HUGE POTENTIAL .CASH OFFERS ONLY. THE BUILDING HAS BEEN STRIPPED DOWN TO THE STUDS. AND IS INCOMPLETE. Oversized LOT Currently just a shell with 90 % new windows and a new roof. Property is selling as is . Bedroom sizes are approximate due to the stage of the construction. Buyer responsibility to verify all room sizes TAXES PRO-RATED AT 100% The manager has listed the unit size as 5000 square feet.

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Brick

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,750
  • Total Building Area: 630
  • Gross Building Area: 630
  • Building Area: 630
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 630
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: GRIFFINS SUB
  • Land Acres: 0.086
  • Legal Description 1: (GRIFFINS) SUB OF BLKS 1-4 OF STREETS SUB OF PT NH NE NW SEC 20-37-14

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 750600

Zoning

  • Zoning: B1-1

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 25-20-103-018-0000
  • Block: 1-4
  • Lot: 7,6
  • Meridian: SEC 20 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.692
  • Longitude: -87.6552

    Address

  • Full Address: 1315 W 111th St
  • Address - House Number: 1315
  • Street Direction: W
  • Address - Street Name: 111th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C025
  • 4-Digit Zip Code: 3617
  • Zip Code: 60643

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $516
  • Tax Rate Code Area: 72152

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 51,688
  • High Value: 61,081
  • Low Value: 42,294

    Market Valuation

  • Market Total Value: $25,000
  • Market Land Value: $13,580
  • Market Improvement Value: $11,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,500
  • Assessed Land Value: $1,358
  • Assessed Improvements Value: $1,142

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
2 Baths
-
$177,500 Oct 10, 1997
$177,500 May 11, 1998
$172/mo
House
4 Beds
2 Baths
3,200 ft²
$73/ft²
$232,000 Feb 21, 2024
-
$69/mo
House
3 Beds
2 Baths
1,588 ft²
$135/ft²
$215,000 Jul 19, 2023
-
$196/mo
House
3 Beds
2 Baths
1,550 ft²
$148/ft²
$229,900 Feb 16, 2024
-
-
House
3 Beds
3 Baths
1,170 ft²
$171/ft²
$200,000 Nov 18, 2023
-
$163/mo
House
3 Beds
2 Baths
1,070 ft²
$201/ft²
$214,900 Nov 29, 2023
-
$126/mo
House
3 Beds
2 Baths
952 ft²
$210/ft²
$199,900 Dec 27, 2023
-
$80/mo
Townhouse
3 Beds
2.5 Baths
2,000 ft²
$125/ft²
$249,800 Nov 25, 2023
-
$230/mo
Condo
3 Beds
2 Baths
1,000 ft²
$170/ft²
$169,900 Oct 14, 2023
-
-
Multifamily
3 Beds
-
-
$179,900 Feb 9, 2024
-
$252/mo

About Far South Chicago


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Frequently Asked Questions

When was property at 1315 West 111th Place built and last sold?
The property at 1315 West 111th Place was built in 1929 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1315 West 111th Place is $212,100.
What are some comparable homes to 1315 West 111th Place?
Homes that are comparable to 1315 West 111th Place include a house property at 11731 South Morgan Street, 1217 West 109th Street, 1431 West 108th Street.

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