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Chicago 60628 Fernwood
304 W 104 Place
$11,750
● House - Off Market

304 W 104 Place

CHICAGO, IL 60628
bedrooms
5 Beds
bathrooms
1 Bath
$20,993
RealtyHop Estimate
112.05%
Since Mar 1, 2009
National-US
Primary Model

About This Property

CORPORATE OWNED! SOLD AS IS-NO DISCLOSURES-ADDENDUMS REQUIRED. PERFECT 1.5 STORY INVESTMENT PROPERTY IS LOCATED IN AN UPCOMING AREA. THE BUILDING FEATURES FIVE BEDROOMS, A GREAT YARD AND HAS PLENTY OF POTENTIAL. LOT/ROOM SIZES ARE ESTIMATED. DUE TO THE CONDITION $$$$CASH DEALS ONLY$$$$. PROOF OF FUNDS MUST ACCOMPANY OFFERS---NO EXCEPTIONS!!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$140
HOA Dues
-
Year Built
1893

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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.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1893
  • Effective Year Built: 1893
  • Total Rooms: 8
  • Bedroom Count: 5
  • Full Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,062
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 420
  • Total Building Area: 0
  • Building Area: 880
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 880
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: CHERRIELL H WELLS
  • Land Acres: 0000000116
  • Standard Land Use Code: 8000
  • County Land Use Code: 1-00

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 491000

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 25-16-206-045-0000
  • Lot: 24,23
  • Meridian: SEC 16 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7046
  • Longitude: -87.6309

    Address

  • Full Address: 304 W 104th Pl
  • Address - House Number: 304
  • Street Direction: W
  • Address - Street Name: 104th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C074
  • 4-Digit Zip Code: 2516
  • Zip Code: 60628

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $41,757
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 72003

    Market Valuation

  • Market Total Value: $20,250
  • Market Land Value: $20,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,025
  • Assessed Land Value: $2,025

    Sales

  • Current Sale Contract Date: Jan 16, 2009
  • Current Sale Recording Date: Feb 03, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 0903457040
  • Previous Sale Recording Date: Sep 23, 2008
  • Previous Sale Contract Date: Sep 11, 2008
  • Previous Sale Document Type: 42
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 Far South Chicago

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$164

Above Asking

32.48%

Average Days on Market

50

Average Home Size

1253 ft²

Average Home Age

94.2 years

Currently For Sale

776 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: Gary Weglarz, Applebrook Realty, Inc.
Data Source: MRED, MLS# MRD07082960
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 304 West 104th Place built and last sold?
The property at 304 West 104th Place was built in 1893 and last sold on Jan 16, 2009 for $11,750.
How much is this home worth?
The estimated value of the home located at 304 West 104th Place is $50,500.
What are some comparable homes to 304 West 104th Place?
There are currently no comparable homes to 304 West 104th Place.
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