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Chicago 60632 Brighton Park
2443 W 45th Place
$285,000
● House - Off Market

2443 W 45th Place

Chicago, IL 60632
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$1,707
Est. Monthly
10.68%
Cap Rate

About This Property

Welcome to this meticulously maintained home, in the heart of the vibrant Brighton Park neighborhood ! This 4bd/2bth raised ranch with a full basement and 2-car garage offers a perfect blend of comfort, style, and functionality. Enjoy outdoor living in the private backyard- ideal for barbecues, gardening, or simply unwinding after a long day. Convenient access to public transportation and all amenities Western Ave has to offer. Roof 2020, Electric- panel is approximately 8 years old, Water heater 2016, Furnace & A/c approximately 8 years. House has a UV air purifier.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$214
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
1968

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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 #11952468)

Price History

Date / Event Date Event Price
Mar 4, 2024 Sold
Premium
Sold
Dec 28, 2023 Listed by Main Event Real Estate Group LTD $299,000
Listed by Main Event Real Estate Group LTD

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 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: 3,100
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,400
  • Gross Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COMMISSIONERS SUB
  • Land Acres: 0000000071
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (COMMISSIONERS) SUB OF LTS 11 OF NICHOLAS P IGLEHARTS SUB OF EH SE SEC 01-38-13

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 580800

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 022-112-02
  • District: 72
  • Parcel: 19-01-421-029-0000
  • Lot: 11
  • Meridian: SEC 01 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.8108
  • Longitude: -87.6863

    Address

  • Full Address: 2443 W 45th Pl
  • Address - House Number: 2443
  • Street Direction: W
  • Address - Street Name: 45th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C004
  • 4-Digit Zip Code: 1314
  • Zip Code: 60632

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $174,278
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 293,043
  • High Value: 322,672
  • Low Value: 263,414

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $31,000
  • Market Improvement Value: $169,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $3,100
  • Assessed Improvements Value: $16,900

    Sales

  • Current Sale Contract Date: Mar 01, 2024
  • Current Sale Recording Date: Mar 13, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14079
  • Previous Sale Recording Date: Mar 06, 1997
  • Previous Sale Contract Date: Sep 30, 1996
  • Previous Sale Amount: $98,500
  • 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 Southwest Side

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$240

Above Asking

54.19%

Average Days on Market

48

Average Home Size

1024 ft²

Average Home Age

85.4 years

Currently For Sale

290 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: Francisco Ayala, Main Event Real Estate Group LTD
Last Updated: 3 years ago
Data Source: MRED, MLS# 11952468
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 2443 West 45th Place built and last sold?
The property at 2443 West 45th Place was built in 1968 and last sold on Mar 1, 2024 for $285,000.
How much is this home worth?
The estimated value of the home located at 2443 West 45th Place is $303,643.
What are some comparable homes to 2443 West 45th Place?
There are currently no comparable homes to 2443 West 45th Place.
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