For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Chicago 60636 Englewood
1318 W 71st Place
$209,000
● House - Off Market

1318 W 71st Place

Chicago, IL 60636
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,728 Ft²
$212,777
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

This is an excellent opportunity to own this beautiful home in Chicago. Property features beautiful hardwood flooring, completely new kitchen with granite countertops, updated bathrooms, 3 nicely sized bedrooms on main level, 2 bedrooms on second level with full bathroom. Conveniently located close to schools, shopping, public transportation and interstate access. Home is move in ready
Unit Size
1,728 Ft²
Days on Market
-
Land Size
-
Price per sqft
$121
Property Type
House
Property Taxes
$27
HOA Dues
-
Year Built
1920

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (MRED MLS #11294518)

Price History

Date / Event Date Event Price
Apr 25, 2022 Sold
Premium
Sold
Dec 27, 2021 Listed by HomeSmart Connect LLC $209,900
Listed by HomeSmart Connect LLC

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,750
  • Lot Size Depth Feet: 300
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,408
  • Gross Building Area: 1,408
  • Building Area: 1,408
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,408
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAST ETTERS SUB
  • Land Acres: 0000000086
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (RESUBDIVISION) OF CERTAIN LTS & BLKS IN DEWEY & CAST ETTERS SUB OF BLKS 1-4 IN JONES SUB OF PT EX CERTAIN TRACTS CONVEYED WH

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 671800

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Feb 02, 2025
  • District: 72
  • Subdivision Tract Number: S
  • Parcel: 20-29-103-019-0000
  • Block: 1-4
  • Lot: 89
  • Meridian: SEC 29 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7644
  • Longitude: -87.6582

    Address

  • Full Address: 1318 W 71st Pl
  • Address - House Number: 1318
  • Street Direction: W
  • Address - Street Name: 71st
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C006
  • 4-Digit Zip Code: 4120
  • Zip Code: 60636

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $102,824
  • Tax Rate Code Area: 72001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 284,913
  • High Value: 357,713
  • Low Value: 212,112

    Market Valuation

  • Market Total Value: $50,010
  • Market Land Value: $24,380
  • Market Improvement Value: $25,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,001
  • Assessed Land Value: $2,438
  • Assessed Improvements Value: $2,563

    Sales

  • Current Sale Contract Date: Mar 28, 2022
  • Current Sale Recording Date: May 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1095
  • Previous Sale Recording Date: Feb 03, 2012
  • Previous Sale Contract Date: Jan 24, 2012
  • Previous Sale Amount: $14,000
  • Previous Sale Document Type: 68
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 South Side

Stats & Trends

Median Asking:

$282,400

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1146 ft²

Average Home Age

92.7 years

Currently For Sale

674 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

Click here to view more rentals in the neighborhood.
MRED

Listed by: Louie Psyhogios, HomeSmart Connect LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 11294518
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 1318 West 71st Place built and last sold?
The property at 1318 West 71st Place was built in 1920 and last sold on Mar 28, 2022 for $209,000.
How much is this home worth?
The estimated value of the home located at 1318 West 71st Place is $0.
What are some comparable homes to 1318 West 71st Place?
There are currently no comparable homes to 1318 West 71st Place.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Chicago Homes for Sale
Chicago Houses for Sale
Chicago Condos for Sale
Chicago Townhouses for Sale
Chicago Multifamily for Sale
Chicago Land for Sale
Chicago Commercial for Sale
Chicago Homes with Basements
Nearby Cities
Naperville Homes for Sale
Aurora Homes for Sale
Joliet Homes for Sale
Schaumburg Homes for Sale
Palatine Homes for Sale
Orland Park Homes for Sale
Arlington Heights Homes for Sale
Plainfield Homes for Sale
Nearby Property Records
Cook County, IL Property Records
DuPage County, IL Property Records
Will County, IL Property Records
Lake County, IN Property Records
Lake County, IL Property Records
Porter County, IN Property Records
Kane County, IL Property Records
Kendall County, IL Property Records
Neighborhoods
Near North Side Real Estate
Lakeview Real Estate
South Loop Real Estate
Logan Square Real Estate
Edgewater Real Estate
DePaul Real Estate
Near West Side Real Estate
Uptown Real Estate
Nearby Counties
Downers Grove Homes for Sale
Thornton Homes for Sale
Worth Homes for Sale
Wheeling Homes for Sale
Maine Homes for Sale
Lisle Homes for Sale
York Homes for Sale
Schaumburg Homes for Sale
Top Real Estate Agents
Top Agents in Englewood
Top Agents in Chicago
Top Agents in Near North Side
Top Agents in Naperville
Top Agents in Aurora
Top Agents in Downers Grove
Top Agents in Joliet
Top Agents in Thornton