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Chicago 60608 Pilsen
2123 W 23rd Place
$35,000
● Land - Off Market

2123 W 23rd Place

CHICAGO, IL 60608
bedrooms
Studio
bathrooms
0 Bath
$77,638
RealtyHop Estimate
55.59%
Since Dec 1, 2014
IL-Chicago
Primary Model

About This Property

NON-BUILDABLE LOT.  ZONED RS-3. CLOSE TO OAKLEY RESTAURANTS, TRANSPORTATION, HIGHWAYS AND MORE.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$86
HOA Dues
-
Year Built
1988

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 #08765645)

Price History

Date / Event Date Event Price
Nov 29, 2014 Sold
Premium
Sold
Oct 31, 2014 Listed by Better Living Realty $49,900
Listed by Better Living Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 3,000
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 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: R
  • Subdivision: MOORES SUBDIVISION
  • Land Acres: 0000000690
  • Standard Land Use Code: 1000
  • County Land Use Code: 2-01

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 843200

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-30-114-015-0000
  • Block: 2
  • Lot: 48
  • Meridian: SEC 30 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8491
  • Longitude: -87.6792

    Address

  • Full Address: 2123 W 23rd Pl
  • Address - House Number: 2123
  • Street Direction: W
  • Address - Street Name: 23rd
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Zip Code: 60608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $192,316
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.2466
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 110,965
  • High Value: 138,331
  • Low Value: 83,599

    Market Valuation

  • Market Total Value: $93,500
  • Market Land Value: $90,000
  • Market Improvement Value: $3,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,350
  • Assessed Land Value: $9,000
  • Assessed Improvements Value: $350

    Sales

  • Current Sale Contract Date: Sep 08, 2022
  • Current Sale Recording Date: Sep 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33235
  • Previous Sale Recording Date: Sep 05, 2003
  • Previous Sale Contract Date: Aug 15, 2003
  • Previous Sale Amount: $328,000
  • 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 West Side

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$340

Below Asking

0.01%

Average Days on Market

46

Average Home Size

859 ft²

Average Home Age

73.7 years

Currently For Sale

368 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

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MRED

Listed by: Phillip Buoscio, Better Living Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 08765645
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 2123 West 23rd Place built and last sold?
The property at 2123 West 23rd Place was built in 1988 and last sold on Sep 8, 2022 for $35,000.
How much is this home worth?
The estimated value of the home located at 2123 West 23rd Place is $0.
What are some comparable homes to 2123 West 23rd Place?
There are currently no comparable homes to 2123 West 23rd Place.
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