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Chicago 60629 Marquette Park
3229 W 63rd Place
$303,000
● House - Off Market

3229 W 63rd Place

Chicago, IL 60629
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,700 Ft²
$299,501
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Get into this stunning 5 bed 3 bath home ! This beauty has  stylish finishes and a functional layout. Tons of space that would accommodate a huge family . Beautiful hardwood floors throughout .42" cabinets with top of the line appliances  . Enjoy family dinner in this newly remodeled eat -in kitchen. This home has went through extensive renovation . All new electrical, plumbing, HVAC system and air conditioning units . This property features a full finished basement perfect for entertaining . 3 full  baths and a designated laundry room .  This home is minutes away from midway airport and  the local Ford city shopping center.  Major grocery stores and bus lines are within walking distance of this home . This property will not last long schedule your  viewing today .
Unit Size
2,700 Ft²
Days on Market
-
Land Size
-
Price per sqft
$111
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1910

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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 #11723359)

Price History

Date / Event Date Event Price
Jun 1, 2023 Sold
Premium
Sold
Feb 21, 2023 Listed by Blue Door Dave Inc $299,000
Listed by Blue Door Dave Inc

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 63
  • Exterior Walls Type: 17
  • 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: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,340
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 350
  • Total Building Area: 2,004
  • Gross Building Area: 2,004
  • Building Area: 2,004
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,004
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EBERHARTS SUB
  • Land Acres: 0000000100
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: (SUBDIVISION) OF BLKS 1 & 2 IN JOHN F EBERHARTS SUB O F NE SEC 23-38-13

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 660500

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-23-207-008-0000
  • Block: 1,2
  • Lot: 60,61
  • Meridian: SEC 23 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7778
  • Longitude: -87.7043

    Address

  • Full Address: 3229 W 63rd Pl
  • Address - House Number: 3229
  • Street Direction: W
  • Address - Street Name: 63rd
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C048
  • 4-Digit Zip Code: 2709
  • Zip Code: 60629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $351,649
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 282,565
  • High Value: 348,223
  • Low Value: 216,907

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $36,890
  • Market Improvement Value: $133,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $3,689
  • Assessed Improvements Value: $13,311

    Sales

  • Current Sale Contract Date: May 11, 2023
  • Current Sale Recording Date: Jun 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10078
  • Previous Sale Recording Date: Mar 03, 2022
  • Previous Sale Contract Date: Feb 25, 2022
  • 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 South Side

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1105 ft²

Average Home Age

91.8 years

Currently For Sale

718 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: Amanda Stapleton, Blue Door Dave Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11723359
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 3229 West 63rd Place built and last sold?
The property at 3229 West 63rd Place was built in 1910 and last sold on May 11, 2023 for $303,000.
How much is this home worth?
The estimated value of the home located at 3229 West 63rd Place is $0.
What are some comparable homes to 3229 West 63rd Place?
There are currently no comparable homes to 3229 West 63rd Place.
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