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Chicago 60707 Belmont Heights
3022 N Oleander Avenue
$212,000
● House - Off Market

3022 N Oleander Avenue

CHICAGO, IL 60707
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,491 Ft²
$390,513
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

* Charming* Cute * Cozy!*  Move right in - newer roof, furnace, central air, wood floors, bath, washer/dryer/laundry sink! Wide lot (41 x 135') with side drive. Great as it is, or easily add 2nd bath on 2nd floor for master suite. Room in back to build an addition! High ceiling basement with room for exercise area/playroom. This is an unbelievable option for someone looking for their dream home!
Unit Size
1,491 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$147
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1944

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,320
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,491
  • Gross Building Area: 1,491
  • Building Area: 1,491
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,491
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELMWOOD PARK GDNS/2ND ADD/J W TH
  • Land Acres: 0000000122
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 170900

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 06, 2030
  • District: 71
  • Parcel: 12-25-208-016-0000
  • Lot: 14
  • Meridian: SEC 25 TWN 40N RNG 12E
  • Municipality: JEFFERSON
  • Latitude: 41.935
  • Longitude: -87.8155

    Address

  • Full Address: 3022 N Oleander Ave
  • Address - House Number: 3022
  • Street Direction: N
  • Address - Street Name: Oleander
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C025
  • 4-Digit Zip Code: 1137
  • Zip Code: 60707

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $526,531
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.2337
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 366,824
  • High Value: 452,576
  • Low Value: 281,072

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $106,400
  • Market Improvement Value: $183,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $10,640
  • Assessed Improvements Value: $18,360

    Sales

  • Current Sale Contract Date: May 30, 2022
  • Current Sale Recording Date: Jun 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6365
  • Previous Sale Recording Date: Aug 06, 2015
  • Previous Sale Contract Date: Jul 23, 2015
  • Previous Sale Amount: $212,000
  • 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 Northwest Side

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$285

Above Asking

0.00%

Average Days on Market

42

Average Home Size

1194 ft²

Average Home Age

78.2 years

Currently For Sale

781 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 4330 N Neva Avenue, Norridge, IL, 60706

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,257 ft²
4330 N Neva Avenue #305, Norridge, IL, 60706 Listing by Lynn Story

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Anne Rossley, CRS,GREEN,GRI,SRES, Baird & Warner
Data Source: MRED, MLS# MRD08922498
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 3022 North Oleander Avenue built and last sold?
The property at 3022 North Oleander Avenue was built in 1944 and last sold on May 30, 2022 for $297,500.
How much is this home worth?
The estimated value of the home located at 3022 North Oleander Avenue is $300,475.
What are some comparable homes to 3022 North Oleander Avenue?
There are currently no comparable homes to 3022 North Oleander Avenue.
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