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Chicago 60652 Wrightwood
2908 W 82nd Street
$280,000
● House - Off Market

2908 W 82nd Street

Chicago, IL 60652
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,300 Ft²
$1,696
Est. Monthly
7.62%
Cap Rate

About This Property

Welcome to this stunning brick-raised ranch in Ashburn's neighborhood. It features 5 bedrooms, 1.5 bathrooms. Natural light illuminates the spacious living areas including a large living room, formal dining room, and a spacious kitchen with lots of cabinet space! The expansive finished basement  presents endless possibilities with a bar and two additional bedrooms. Plumbing is primed for the addition of a third bathroom. A fenced yard and a 2-car garage complete this beautiful property. Schedule your private showing today!
Unit Size
1,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$215
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1962

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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 #11948621)

Price History

Date / Event Date Event Price
Feb 2, 2024 Sold
Premium
Sold
Dec 18, 2023 Listed by Cloud Gate Realty LLC $280,000
Listed by Cloud Gate Realty LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,564
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,300
  • Gross Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLVINS SUB
  • Land Acres: 0000000082
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (COLVINS) SUB OF SE NW SEC 36-38-13

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 700501

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-36-121-061-0000
  • Block: 3
  • Lot: 29,30
  • Meridian: SEC 36 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7447
  • Longitude: -87.6954

    Address

  • Full Address: 2908 W 82nd St
  • Address - House Number: 2908
  • Street Direction: W
  • Address - Street Name: 82nd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C001
  • 4-Digit Zip Code: 2704
  • Zip Code: 60652

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $393,773
  • Tax Rate Code Area: 72017

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 275,168
  • High Value: 302,990
  • Low Value: 247,347

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $28,510
  • Market Improvement Value: $161,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,000
  • Assessed Land Value: $2,851
  • Assessed Improvements Value: $16,149

    Sales

  • Current Sale Contract Date: Jan 24, 2024
  • Current Sale Recording Date: Feb 15, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6027
  • Previous Sale Recording Date: Jun 25, 2014
  • Previous Sale Contract Date: Jun 12, 2014
  • Previous Sale Amount: $147,000
  • 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 Wrightwood

Stats & Trends

Median Asking:

$327,000

Sale Price/ft²

$188

Below Asking

0.01%

Average Days on Market

39

Average Home Size

1614 ft²

Average Home Age

72.4 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

Unit for rent at 6848 S Keeler Avenue, Chicago, IL, 60629

$2,300 /mo

  • 3 Beds
  • 1 Bath
6848 S Keeler Avenue, Chicago, IL, 60629 Listing by Oscar Campos

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jose Arroyo, Cloud Gate Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11948621
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 2908 West 82nd Street built and last sold?
The property at 2908 West 82nd Street was built in 1962 and last sold on Jan 24, 2024 for $280,000.
How much is this home worth?
The estimated value of the home located at 2908 West 82nd Street is $279,676.
What are some comparable homes to 2908 West 82nd Street?
There are currently no comparable homes to 2908 West 82nd Street.
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