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Chicago 60652 Ashburn
3214 W 83rd Place
$265,000
● House - Off Market

3214 W 83rd Place

Chicago, IL 60652
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
1,728 Ft²
$264,277
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Check out this spacious 2 story home in prime location. This beauty boasts 5 bedrooms, 3.5 baths, and a finished basement-great for entertainment.  Nice size kitchen, quartz counter tops, hardwood flooring, and stainless-steel appliances. Convenient to shopping, dining, and transportation.  Bring all your creative ideas the potential with this space is limitless!
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$153
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1953

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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 #11777402)

Price History

Date / Event Date Event Price
Jul 19, 2023 Sold
Premium
Sold
May 9, 2023 No longer available -
No longer available
May 7, 2023 Listed by HomeSmart Realty Group $265,000
Listed by HomeSmart Realty Group
Apr 24, 2023 Price Decreased $285,000
↓ $15K (5%)
Price Decreased
Apr 11, 2023 Price Decreased $300,000
↓ $19K (6%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 63
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,687
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 370
  • Total Building Area: 1,728
  • Gross Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MITCHELL ADD TO CLARKDALE
  • Land Acres: 0000000108
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: (MITCHELL) ADD TO (CLARKDALE) SUB OF NH SE SEC 35-38-13

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 700401

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-35-403-069-0000
  • Block: 1,1
  • Lot: 12,11
  • Meridian: SEC 35 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7418
  • Longitude: -87.7029

    Address

  • Full Address: 3214 W 83rd Pl
  • Address - House Number: 3214
  • Street Direction: W
  • Address - Street Name: 83rd
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C015
  • 4-Digit Zip Code: 3317
  • Zip Code: 60652

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $455,950
  • Tax Rate Code Area: 72017

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 278,450
  • High Value: 306,603
  • Low Value: 250,296

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $37,500
  • Market Improvement Value: $182,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $3,750
  • Assessed Improvements Value: $18,250

    Sales

  • Current Sale Contract Date: Jun 09, 2023
  • Current Sale Recording Date: Jul 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 40293
  • Previous Sale Recording Date: May 10, 2016
  • Previous Sale Contract Date: May 06, 2016
  • Previous Sale Document Type: 69

    Financing

  • First Mortgage Financing Type: ADJ
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 Ashburn

Stats & Trends

Median Asking:

$314,900

Sale Price/ft²

$226

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1194 ft²

Average Home Age

65 years

Currently For Sale

8 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 3725 W 80th Street, Chicago, IL, 60652

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 888 ft²
3725 W 80th Street, Chicago, IL, 60652 Listing by Teresita Lopez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Nayela Diaz, HomeSmart Realty Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11777402
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 3214 West 83rd Place built and last sold?
The property at 3214 West 83rd Place was built in 1953 and last sold on Jun 9, 2023 for $265,000.
How much is this home worth?
The estimated value of the home located at 3214 West 83rd Place is $0.
What are some comparable homes to 3214 West 83rd Place?
There are currently no comparable homes to 3214 West 83rd Place.
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