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Chicago 60632 Brighton Park
2902 W 39th Place
$250,000
● House - Off Market

2902 W 39th Place

Chicago, IL 60632
bedrooms
5 Beds
bathrooms
3 Baths
square feet
1,400 Ft²
$251,812
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Walk to Archer from this Large Single family Home with 5 Bedrooms and 3 Full Bathrooms! Main level offers Large Living Room with adjacent Formal Dining Room plus a Big eat in Kitchen with 2 bedrooms and an updated bathroom. Lower level functions as a Duplex-Down arrangement with 3 Rooms and 1 Bedroom. Lower level offers a brand new full bathroom, ceramic tile flooring throughout and separate space for Laundry Room. Second floor has 4 rooms 2 bedrooms and 3rd full bathroom. Front and rear staircase to the second level. 1 Car Garage with a slab to park a second car. Nice Yard! All new replacement windows approximately 7 years! Great location near Public transportation, Expressway Access, McKinley Park and a short time to Lakefront/Chinatown,Museum Campus ect. Low taxes without Exemptions! Agent Owned.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$177
Property Type
House
Property Taxes
$188
HOA Dues
-
Year Built
1910

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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 #11723706)

Price History

Date / Event Date Event Price
Apr 24, 2023 Sold
Premium
Sold
Feb 21, 2023 Listed by Century 21 Circle $247,500
Listed by Century 21 Circle

Property Highlights

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 34
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,904
  • Lot Size Depth Feet: 240
  • Lot Size Frontage Feet: 1,210
  • Total Building Area: 1,464
  • Gross Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,464
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LURTONS SUB
  • Land Acres: 0000000067
  • Standard Land Use Code: 1112
  • County Land Use Code: 2-11
  • Legal Description 1: (SUBDIVISION) OF BLKS 2 & 3 IN LURTONS SUB OF PART LY ING N OF ARCHER ROAD IN EH NW SEC 01-38-13

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 580501

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-01-102-043-0000
  • Block: 2,3
  • Lot: 49
  • Meridian: SEC 01 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.8221
  • Longitude: -87.6974

    Address

  • Full Address: 2902 W 39th Pl
  • Address - House Number: 2902
  • Street Direction: W
  • Address - Street Name: 39th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C018
  • 4-Digit Zip Code: 1804
  • Zip Code: 60632

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $232,463
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 315,560
  • High Value: 396,191
  • Low Value: 234,928

    Market Valuation

  • Market Total Value: $112,380
  • Market Land Value: $29,040
  • Market Improvement Value: $83,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,238
  • Assessed Land Value: $2,904
  • Assessed Improvements Value: $8,334

    Sales

  • Current Sale Contract Date: Apr 20, 2023
  • Current Sale Recording Date: Apr 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 55039
  • Previous Sale Recording Date: Nov 21, 2014
  • Previous Sale Contract Date: Oct 27, 2014
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: 4

    Financing

  • First Mortgage Financing Type: ADJ
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:

$369,000

Sale Price/ft²

$239

Above Asking

54.53%

Average Days on Market

48

Average Home Size

1073 ft²

Average Home Age

81.8 years

Currently For Sale

284 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Bill Erdman, Century 21 Circle
Last Updated: 3 years ago
Data Source: MRED, MLS# 11723706
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 2902 West 39th Place built and last sold?
The property at 2902 West 39th Place was built in 1910 and last sold on Apr 20, 2023 for $250,000.
How much is this home worth?
The estimated value of the home located at 2902 West 39th Place is $249,975.
What are some comparable homes to 2902 West 39th Place?
There are currently no comparable homes to 2902 West 39th Place.
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