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Chicago 60639 Belmont Central
2255 N Mango Avenue
$345,000
● House - Off Market

2255 N Mango Avenue

Chicago, IL 60639
bedrooms
3 Beds
bathrooms
1 Bath
square feet
966 Ft²
$2,050
Est. Monthly
6.33%
Cap Rate

About This Property

This move-in ready home features a smart layout, freshly painted interiors, refinished hardwood floors, and new vinyl in the kitchen and stairs. Recent upgrades include solar panels, HVAC, water heater, sump pump, appliances, and garage door. This property has a partially finished with additional room that offers excellent storage or expansion potential. Prime location near parks, Metra, shops, and the Brickyard Mall. Pictures soon to follow.
Unit Size
966 Ft²
Days on Market
-
Land Size
-
Price per sqft
$347
Property Type
House
Property Taxes
$405
HOA Dues
-
Year Built
1958

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 28
  • Exterior Walls Type: 24
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 966
  • Gross Building Area: 966
  • Building Area: 966
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 966
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AVE SUB
  • Land Acres: 0000000072
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (GRAND) AVE SUB OF BLKS2-4 IN COMMISSIONERS SUB OF PT OF LYING N OF GRAND AVE EH NE SEC 32-40-13

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 191302

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-32-213-002-0000
  • Block: 2-4
  • Lot: 47
  • Meridian: SEC 32 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9219
  • Longitude: -87.7692

    Address

  • Full Address: 2255 N Mango Ave
  • Address - House Number: 2255
  • Street Direction: N
  • Address - Street Name: Mango
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C052
  • 4-Digit Zip Code: 2829
  • Zip Code: 60639

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $402,926
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.252
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 304,208
  • High Value: 380,886
  • Low Value: 227,530

    Market Valuation

  • Market Total Value: $230,010
  • Market Land Value: $46,880
  • Market Improvement Value: $183,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,001
  • Assessed Land Value: $4,688
  • Assessed Improvements Value: $18,313

    Sales

  • Current Sale Contract Date: Aug 05, 2022
  • Current Sale Recording Date: Aug 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33410
  • Previous Sale Recording Date: May 23, 2013
  • Previous Sale Contract Date: Apr 08, 2013
  • Previous Sale Document Type: 29
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 Northwest Side

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$285

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1232 ft²

Average Home Age

76.5 years

Currently For Sale

816 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

Unit for rent at 6033 W North Avenue, Oak Park, IL, 60302

$2,300 /mo

  • 2 Beds
  • 2 Baths
6033 W North Avenue #1E, Oak Park, IL, 60302 Listing by Alexandria Mills
Unit for rent at 4708 W Altgeld Street, Chicago, IL, 60639

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,100 ft²
4708 W Altgeld Street #2, Chicago, IL, 60639 Listing by Dan Nelson
Unit for rent at 1640 N Linder Avenue, Chicago, IL, 60639

$2,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,300 ft²
1640 N Linder Avenue #2, Chicago, IL, 60639 Listing by Kosta Shamata

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jennifer Rodriguez, Coldwell Banker Realty
Data Source: MRED, MLS# MRD12434018
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 2255 North Mango Avenue built and last sold?
The property at 2255 North Mango Avenue was built in 1958 and last sold on Aug 5, 2022 for $249,000.
How much is this home worth?
The estimated value of the home located at 2255 North Mango Avenue is $0.
What are some comparable homes to 2255 North Mango Avenue?
There are currently no comparable homes to 2255 North Mango Avenue.
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