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Chicago 60652 Wrightwood
2800 W 83RD Place
$55,000
● House - Off Market

2800 W 83RD Place

CHICAGO, IL 60652
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,050 Ft²
$166,896
RealtyHop Estimate
84.82%
Since Mar 1, 2015
National-US
Primary Model

About This Property

NICE CORNER RANCH, WITH PARTIALLY FULL BASEMENT.  Great investor project.  3 BED 2 BATHS, PLENTY OF ROOM IN BACKYARD FOR GARAGE.  SELLER REQUESTS 'AS IS' CONTRACT.PROPERTY LISTED UNINSURED. AC UNIT AND ROOF REPAIRS NEEDED.  EQUAL HOUSING  OPPORTUNITY.  PROPERTY  SOLD IN AS IS CONDITION. CASE #137-549805.
Unit Size
1,050 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$86
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1955

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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 #08806049)

Price History

Date / Event Date Event Price
Feb 16, 2015 Sold
Premium
Sold
Dec 23, 2014 Listed by GMC Capital Real Estate INC $90,300
Listed by GMC Capital Real Estate INC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 6
  • 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: 3
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,159
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,050
  • Gross Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEVERLY ADD/HARRY M QUINN
  • Land Acres: 0000000096
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 700502

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-36-323-028-0000
  • Lot: 28
  • Meridian: SEC 36 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.742
  • Longitude: -87.6926

    Address

  • Full Address: 2800 W 83rd Pl
  • Address - House Number: 2800
  • Street Direction: W
  • Address - Street Name: 83rd
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C001
  • 4-Digit Zip Code: 3812
  • Zip Code: 60652

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $310,746
  • Tax Rate Code Area: 72017

    Appraisal Valuation

  • Standard Deviation: 0.2508
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 251,466
  • High Value: 314,549
  • Low Value: 188,383

    Market Valuation

  • Market Total Value: $149,940
  • Market Land Value: $33,270
  • Market Improvement Value: $116,670

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,994
  • Assessed Land Value: $3,327
  • Assessed Improvements Value: $11,667

    Sales

  • Current Sale Contract Date: Apr 10, 2015
  • Current Sale Recording Date: May 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1514116048
  • Previous Sale Recording Date: May 13, 2014
  • Previous Sale Contract Date: May 12, 2014
  • Previous Sale Document Type: 64
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 Wrightwood

Stats & Trends

Median Asking:

$329,999

Sale Price/ft²

$185

Below Asking

0.01%

Average Days on Market

39

Average Home Size

1746 ft²

Average Home Age

70 years

Currently For Sale

13 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: Gerald McQuirter, GMC Capital Real Estate INC
Last Updated: 3 years ago
Data Source: MRED, MLS# 08806049
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 2800 West 83rd Place built and last sold?
The property at 2800 West 83rd Place was built in 1955 and last sold on Apr 10, 2015 for $164,000.
How much is this home worth?
The estimated value of the home located at 2800 West 83rd Place is $0.
What are some comparable homes to 2800 West 83rd Place?
There are currently no comparable homes to 2800 West 83rd Place.
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