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Chicago 60643 Morgan Park
2154 W 108th Place
$467,000
● House - Off Market

2154 W 108th Place

Chicago, IL 60643
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,583 Ft²
$489,611
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Desirable area in Beverly. Two story home features 5 bedrooms and 2 baths with a large 50x180 lot. This home has hardwood floors on main level with fireplace in living room area, Large kitchen with island and separate breakfast nook area. 2 large bedrooms on main floor with full bath. Master bedroom on second level with sitting area, walk in closet and  master bath with steam shower. 2 other huge bedrooms on same level. Full unfinished basement. Large yard with above ground pool and deck for those hot summer parties.  Great area in Beverly!
Unit Size
2,583 Ft²
Days on Market
-
Land Size
-
Price per sqft
$187
Property Type
House
Property Taxes
$670
HOA Dues
-
Year Built
1923

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11360417)

Price History

Date / Event Date Event Price
Jun 13, 2022 Sold
Premium
Sold
Mar 30, 2022 Listed by Better Homes & Gardens Real Estate $484,000
Listed by Better Homes & Gardens Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,586
  • Gross Building Area: 2,586
  • Building Area: 2,586
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,586
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVAS RESUB OF BLK Q OF RESUB OF CERT
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: (SILVAS) RESUB OF BLK Q OF RESUB OF CERTAIN LTS & BLK S IN MORGAN PARK,WASHINGTON HEIGHTS IN SW SEC 18-37-14

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 750200

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: Feb 04, 2049
  • District: 72
  • Parcel: 25-18-304-038-0000
  • Block: Q
  • Lot: 46
  • Meridian: SEC 18 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.697
  • Longitude: -87.6762

    Address

  • Full Address: 2154 W 108th Pl
  • Address - House Number: 2154
  • Street Direction: W
  • Address - Street Name: 108th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C049
  • 4-Digit Zip Code: 3108
  • Zip Code: 60643

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $754,625
  • Tax Rate Code Area: 72003

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 552,920
  • High Value: 679,174
  • Low Value: 426,666

    Market Valuation

  • Market Total Value: $400,000
  • Market Land Value: $85,500
  • Market Improvement Value: $314,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,000
  • Assessed Land Value: $8,550
  • Assessed Improvements Value: $31,450

    Sales

  • Current Sale Contract Date: Jun 13, 2022
  • Current Sale Recording Date: Jun 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 22020
  • Previous Sale Recording Date: Sep 06, 1995
  • Previous Sale Contract Date: Jul 28, 1995
  • Previous Sale Amount: $143,000
  • 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 Far South Chicago

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$164

Above Asking

32.42%

Average Days on Market

51

Average Home Size

1228 ft²

Average Home Age

94.5 years

Currently For Sale

799 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: Maria Miller, Better Homes & Gardens Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11360417
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 2154 West 108th Place built and last sold?
The property at 2154 West 108th Place was built in 1923 and last sold on Jun 13, 2022 for $467,000.
How much is this home worth?
The estimated value of the home located at 2154 West 108th Place is $0.
What are some comparable homes to 2154 West 108th Place?
There are currently no comparable homes to 2154 West 108th Place.
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