See Home Value
$125,000
● House - Off Market

1315 W 111th Place

Chicago, IL 60643
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
5,600 Ft²
$945
Est. Monthly
28.11%
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 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. Please use pre-filled contract found under additional information tab when submitting offer.
Unit Size
5,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$29
Property Type
House
Property Taxes
$135
HOA Dues
-
Year Built
1929

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Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #11992461)

Price History

Date / Event Date Event Price
Dec 23, 2024 Sold
Sold
Dec 13, 2024 In contract -
In contract
Jul 3, 2024 Relisted $165,000
Relisted
Jun 27, 2024 In contract -
In contract
Jun 23, 2024 Price Decreased $165,000
↓ $15K (8.3%)
Price Decreased
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Property Highlights

Air Conditioning

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
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

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

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 630
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRIFFINS SUB
  • Land Acres: 0000000086
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (GRIFFINS) SUB OF BLKS 1-4 OF STREETS SUB OF PT NH NE NW SEC 20-37-14

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: $51,551
  • 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
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Far South Chicago


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Unit for rent at 12253 S Peoria Street, Chicago, IL, 60643

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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 $166,650.
What are some comparable homes to 1315 West 111th Place?
There are currently no comparable homes to 1315 West 111th Place.