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Chicago 60612 Near West Side
2537 W Warren Boulevard
$250,000
● Land - Off Market

2537 W Warren Boulevard

Chicago, IL 60612
bedrooms
Studio
bathrooms
0 Bath
$1,337
Est. Monthly
3.92%
Cap Rate

About This Property

Great looking SINGLE LOT to build on!!! ((3120 SF Vacant lot that's 24X130 Zoned RT-4)) This property is waiting for your creativity! Just Blocks from THE UNITED CENTER PARK AREA and minutes to West Loop and Ukrainian Village attractions. Easy access to the i-290 expressway with direct access to downtown Chicago and lake shore drive.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$109
HOA Dues
-
Year Built
-

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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

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 3,024
  • 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: V
  • Subdivision: PRUSSINGS SUB
  • Land Acres: 0000000690
  • Standard Land Use Code: 8000
  • County Land Use Code: 1-00
  • Legal Description 1: C G E (PRUSSINGS) SUB OF SW BLK OF E 33.81 ACS IN SH SE SEC 12-39-13

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 837800

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: 011-105-04
  • District: 77
  • Parcel: 16-12-427-013-0000
  • Block: 33,81
  • Lot: 60
  • Meridian: SEC 12 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8818
  • Longitude: -87.69

    Address

  • Full Address: 2537 W Warren Blvd
  • Address - House Number: 2537
  • Street Direction: W
  • Address - Street Name: Warren
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Chicago
  • Carrier Code: C024
  • 4-Digit Zip Code: 2123
  • Zip Code: 60612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $131,050
  • Tax Rate Code Area: 77113

    Market Valuation

  • Market Total Value: $63,500
  • Market Land Value: $63,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,350
  • Assessed Land Value: $6,350

    Sales

  • Current Sale Contract Date: Nov 04, 1998
  • Current Sale Recording Date: Dec 03, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 08094276
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

881 ft²

Average Home Age

74.4 years

Currently For Sale

366 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: David Mishel, Compass
Data Source: MRED, MLS# MRD12127055
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 2537 West Warren Boulevard built and last sold?
The property at 2537 West Warren Boulevard was built in and last sold on Nov 4, 1998 for $12,000.
How much is this home worth?
The estimated value of the home located at 2537 West Warren Boulevard is $0.
What are some comparable homes to 2537 West Warren Boulevard?
There are currently no comparable homes to 2537 West Warren Boulevard.
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