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Chicago 60612 East Garfield Park
3126 W Walnut Street
Photo of 3126 W Walnut Street
Sold on Sep 24, 2026

1

Map

$40,000
● Land - Off Market

3126 W Walnut Street

Chicago, IL 60612
bedrooms
Studio
bathrooms
0 Bath
$347
Est. Monthly
46.14%
Cap Rate

About This Property

Vacant Land. Chicago Zoning states RT-4
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$57
HOA Dues
-
Year Built
-

Payment Calculator

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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

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,760
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: D S LEE & OTHERS
  • Land Acres: 0000000630
  • Standard Land Use Code: 8000
  • County Land Use Code: 1-00

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 837100

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 16-12-308-038-0000
  • Lot: 11
  • Meridian: SEC 12 TWN 39N RNG 13E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8857
  • Longitude: -87.7049

    Address

  • Full Address: 3126 W Walnut St
  • Address - House Number: 3126
  • Street Direction: W
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C046
  • 4-Digit Zip Code: 1837
  • Zip Code: 60612

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $66,933
  • Tax Rate Code Area: 77106

    Market Valuation

  • Market Total Value: $32,430
  • Market Land Value: $32,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,243
  • Assessed Land Value: $3,243

    Sales

  • Current Sale Contract Date: Jul 07, 2005
  • Current Sale Recording Date: Aug 04, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 0521645062
  • Previous Sale Recording Date: Apr 22, 2004
  • Previous Sale Contract Date: Mar 31, 2004
  • Previous Sale Amount: $15,000
  • 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 West Side

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$340

Below Asking

0.01%

Average Days on Market

46

Average Home Size

864 ft²

Average Home Age

72.7 years

Currently For Sale

363 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 2342 W Adams Street, Chicago, IL, 60612

$2,300 /mo

  • 1 Bed
  • 1 Bath
2342 W Adams Street #401, Chicago, IL, 60612 Listing by Alexander Fiallos
Unit for rent at 2528 W Iowa Street, Chicago, IL, 60622

$2,400 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
2528 W Iowa Street #2, Chicago, IL, 60622 Listing by Lourdes Hernandez
Unit for rent at 2620 W Rice Street, Chicago, IL, 60622

$2,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
2620 W Rice Street #1F, Chicago, IL, 60622 Listing by Marta Nakonechny-Druk

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Joseph Betancourt, Betancourt Realty
Data Source: MRED, MLS# MRD12472690
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 3126 West Walnut Street built and last sold?
The property at 3126 West Walnut Street was built in and last sold on Jul 7, 2005 for $50,000.
How much is this home worth?
The estimated value of the home located at 3126 West Walnut Street is $59,590.
What are some comparable homes to 3126 West Walnut Street?
There are currently no comparable homes to 3126 West Walnut Street.
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