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Chicago 60623 Little Village
3018 S Millard Avenue
$60,000
● House - Off Market

3018 S Millard Avenue

CHICAGO, IL 60623
bedrooms
3 Beds
bathrooms
2 Baths
square feet
836 Ft²
$111,216
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

Very well maintained Brick 3 Bedroom, 2 bath home. New Parking pad with wrought iron security gate. Bright and sunny interior, skylights in attic. Paved patio with gazebo.
Unit Size
836 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$67
Property Type
House
Property Taxes
$144
HOA Dues
-
Year Built
1904

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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 #08168408)

Price History

Date / Event Date Event Price
May 15, 2013 Sold
Premium
Sold
Sep 24, 2012 Listed by Gloor Realty Company $56,000
Listed by Gloor Realty Company

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1904
  • Effective Year Built: 1904
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 836
  • Gross Building Area: 836
  • Building Area: 836
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 836
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CENTRAL PARK
  • Land Acres: 0000000072
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (CENTRAL)(PARK) AVE SUB BLK 20 EX S 25 FT IN STEELES & OTHERS SUB SE & EH SW SEC 26-39-13

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 301702

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 012-123-05
  • District: 77
  • Parcel: 16-26-329-032-0000
  • Block: 20
  • Lot: 8
  • Meridian: SEC 26 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8383
  • Longitude: -87.7162

    Address

  • Full Address: 3018 S Millard Ave
  • Address - House Number: 3018
  • Street Direction: S
  • Address - Street Name: Millard
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C063
  • 4-Digit Zip Code: 4552
  • Zip Code: 60623

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $279,290
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 225,117
  • High Value: 284,790
  • Low Value: 165,443

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $36,720
  • Market Improvement Value: $133,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $3,672
  • Assessed Improvements Value: $13,328

    Sales

  • Current Sale Contract Date: May 15, 2013
  • Current Sale Recording Date: May 22, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1314239108
  • Previous Sale Recording Date: Sep 07, 2006
  • Previous Sale Contract Date: Aug 22, 2006
  • Previous Sale Amount: $186,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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

45

Average Home Size

858 ft²

Average Home Age

73.4 years

Currently For Sale

373 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: Gustavo Mendoza, Gloor Realty Company
Last Updated: 3 years ago
Data Source: MRED, MLS# 08168408
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 3018 South Millard Avenue built and last sold?
The property at 3018 South Millard Avenue was built in 1904 and last sold on May 15, 2013 for $60,000.
How much is this home worth?
The estimated value of the home located at 3018 South Millard Avenue is $0.
What are some comparable homes to 3018 South Millard Avenue?
There are currently no comparable homes to 3018 South Millard Avenue.
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