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Harvey 60426
331 E 147th Place
$200,000
● House - Off Market

331 E 147th Place

Harvey, IL 60426
bedrooms
2 Beds
bathrooms
1 Bath
square feet
912 Ft²
$1,304
Est. Monthly
6.77%
Cap Rate

About This Property

Charming classic Chicago bungalow-style ranch home featuring 3 spacious bedrooms and 1 full bathroom. Enjoy a generous living room, a cozy front room, and a separate dining area. The eat-in kitchen offers great potential. The large, unfinished basement and attic provide ample storage and expansion opportunities. Plus, there's a sizable yard for outdoor enjoyment.
Unit Size
912 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$219
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1926

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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

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • 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: 250
  • Total Building Area: 912
  • Gross Building Area: 912
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 912
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARVEYS SUB
  • Land Acres: 0000000108
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (HARVEYS) SUB OF BLK 1 OF SOUTHLAWN SUB IN SEC 17 & P T SEC 8 SH SEC 08-36-14

Neighborhood

  • School District Name: Harvey School District 152
  • Census Tract: 827100

Geography

  • District: 37
  • Parcel: 29-08-405-017-0000
  • Block: 1
  • Lot: 25,26
  • Meridian: SEC 08 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.6219
  • Longitude: -87.637

    Address

  • Full Address: 331 E 147th Pl
  • Address - House Number: 331
  • Street Direction: E
  • Address - Street Name: 147th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Harvey
  • Carrier Code: C014
  • 4-Digit Zip Code: 1904
  • Zip Code: 60426

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $343,611
  • Tax Rate Code Area: 37047

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 98,411
  • High Value: 108,361
  • Low Value: 88,461

    Market Valuation

  • Market Total Value: $59,000
  • Market Land Value: $12,890
  • Market Improvement Value: $46,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,900
  • Assessed Land Value: $1,289
  • Assessed Improvements Value: $4,611

    Sales

  • Current Sale Contract Date: Aug 10, 2023
  • Current Sale Recording Date: Sep 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 57010
  • Previous Sale Recording Date: Jan 11, 2016
  • Previous Sale Contract Date: Apr 29, 2015
  • Previous Sale Amount: $50,250
  • 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 Harvey

Stats & Trends

Median Asking:

$145,000

Sale Price/ft²

$112

Below Asking

0.04%

Average Days on Market

57

Average Home Size

1266 ft²

Average Home Age

83.7 years

Currently For Sale

71 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 310 E 138th Street, Chicago, IL, 60827

$1,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
310 E 138th Street, Chicago, IL, 60827 Listing by Richard Harnik

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Alejandrina Almaraz Reveles, Midwest SignatureProperties Co
Data Source: MRED, MLS# MRD12279237
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 331 East 147th Place built and last sold?
The property at 331 East 147th Place was built in 1926 and last sold on Aug 10, 2023 for $44,000.
How much is this home worth?
The estimated value of the home located at 331 East 147th Place is $0.
What are some comparable homes to 331 East 147th Place?
There are currently no comparable homes to 331 East 147th Place.
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