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Chicago 60608 Brighton Park
3327 S Artesian Avenue
$425,000
● House - Off Market

3327 S Artesian Avenue

CHICAGO, IL 60608
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,400 Ft²
$699,083
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Brand new brick two-story new home. 2400 sqft.  4 bedrooms 2 baths on second floor and additional bedroom or study room on first floor. First floor with large living room, dining and kitchen. 2 car detached garage.
Unit Size
2,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$183
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2019

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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 #09694094)

Price History

Date / Event Date Event Price
Sep 13, 2017 Sold
Premium
Sold
Jul 17, 2017 Listed by Landmark & Property Group, Inc $439,000
Listed by Landmark & Property Group, Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 34
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 3,125
  • Total Building Area: 2,480
  • Gross Building Area: 2,480
  • Building Area: 2,480
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,480
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SAMUEL J WALKERS
  • Land Acres: 0000000072
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 840300

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 76
  • Parcel: 16-36-202-009-0000
  • Block: 31
  • Meridian: SEC 36 TWN 39N RNG 13E
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.833
  • Longitude: -87.6859

    Address

  • Full Address: 3327 S Artesian Ave
  • Address - House Number: 3327
  • Street Direction: S
  • Address - Street Name: Artesian
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C037
  • 4-Digit Zip Code: 5734
  • Zip Code: 60608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $722,846
  • Tax Rate Code Area: 76001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 587,456
  • High Value: 721,596
  • Low Value: 453,316

    Market Valuation

  • Market Total Value: $385,650
  • Market Land Value: $78,130
  • Market Improvement Value: $307,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,565
  • Assessed Land Value: $7,813
  • Assessed Improvements Value: $30,752

    Sales

  • Current Sale Contract Date: Sep 13, 2017
  • Current Sale Recording Date: Sep 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1726447098
  • Previous Sale Recording Date: Sep 27, 2016
  • Previous Sale Contract Date: Sep 07, 2016
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 71

    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 Southwest Side

Stats & Trends

Median Asking:

$368,000

Sale Price/ft²

$241

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1057 ft²

Average Home Age

86.4 years

Currently For Sale

280 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

Rentals Near You

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MRED

Listed by: , Landmark & Property Group, Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 09694094
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 3327 South Artesian Avenue built and last sold?
The property at 3327 South Artesian Avenue was built in 2019 and last sold on Sep 13, 2017 for $425,000.
How much is this home worth?
The estimated value of the home located at 3327 South Artesian Avenue is $0.
What are some comparable homes to 3327 South Artesian Avenue?
There are currently no comparable homes to 3327 South Artesian Avenue.
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