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Chicago 60623 Little Village
2839 W 24th Boulevard
$170,000
● Land - Off Market

2839 W 24th Boulevard

Chicago, IL 60623
bedrooms
Studio
bathrooms
0 Bath
$199,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Rare & special vacant RT-4 lots adjacent to the beautiful 24th Boulevard parkway in Marshall Square / Little Village.  The combined lot measures 48 x 219 or approximately 10,512 sqft and offers many development possibilities.  Close to Douglas Park, the 26th Street Shopping District, and Cinespace Chicago Film Studio.  Short commute to West Loop, Downtown, and the Medical District with nearby access to bus, train and interstate.  Agent owned.  Drive by and call with questions.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$207
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.

Last updated: 3 years ago (MRED MLS #11767328)

Price History

Date / Event Date Event Price
Nov 15, 2023 Sold
Premium
Sold
Apr 25, 2023 Listed by Richmond Services Incorporated $199,900
Listed by Richmond Services Incorporated

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: 5,256
  • 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: CASS
  • Land Acres: 0000000121
  • Standard Land Use Code: 8000
  • County Land Use Code: 1-00

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 301100

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: 012-108-01
  • District: 77
  • Parcel: 16-25-120-009-0000
  • Block: 1
  • Lot: 42
  • Meridian: SEC 25 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8472
  • Longitude: -87.6969

    Address

  • Full Address: 2839 W 24th Blvd
  • Address - House Number: 2839
  • Street Direction: W
  • Address - Street Name: 24th
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Chicago
  • Carrier Code: C008
  • 4-Digit Zip Code: 3525
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $127,010
  • Tax Rate Code Area: 77001

    Market Valuation

  • Market Total Value: $61,760
  • Market Land Value: $61,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,176
  • Assessed Land Value: $6,176

    Sales

  • Current Sale Contract Date: Nov 06, 2023
  • Current Sale Recording Date: Nov 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6338
  • Previous Sale Recording Date: Sep 11, 2018
  • Previous Sale Contract Date: Aug 14, 2018
  • Previous Sale Amount: $75,000
  • 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 West Side

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$340

Below Asking

0.01%

Average Days on Market

46

Average Home Size

857 ft²

Average Home Age

71.5 years

Currently For Sale

360 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: Matthew Richmond, Richmond Services Incorporated
Last Updated: 3 years ago
Data Source: MRED, MLS# 11767328
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 2839 West 24th Boulevard built and last sold?
The property at 2839 West 24th Boulevard was built in and last sold on Nov 6, 2023 for $170,000.
How much is this home worth?
The estimated value of the home located at 2839 West 24th Boulevard is $0.
What are some comparable homes to 2839 West 24th Boulevard?
There are currently no comparable homes to 2839 West 24th Boulevard.
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