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Chicago 60618 Avondale
3439 N Springfield Avenue
$603,000
● House - Off Market

3439 N Springfield Avenue

Chicago, IL 60618
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$657,939
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Beautiful Victorian single family home on extra wide lot in Avondale! This home has an amazing layout with beautiful woodwork throughout. The family room opens to an expansive dining room perfect for entertaining. The kitchen features newer appliances, granite counters, white cabinetry, breakfast bar and ample storage. The upstairs level includes a large primary suite, second bedroom and bonus den space. The upstairs bathroom has beautiful porcelain tile, soaking tub and heated towel bar. Fully finished basement includes an additional hang out area for entertaining, space for a fourth bedroom and recently remodeled full bathroom. Spectacular outdoor space with a large deck off the kitchen. Beautiful landscaping throughout the backyard with an expansive patio makes for the perfect backyard oasis! Sellers have done many updates including adding central air (spacepak), new boiler & water heater (2020) and more! Two car detached garage! Truly a special home in amazing walk to everything location. Close to the highway, el, grocery, restaurants and more! **Offer deadline Monday 6/28 at 3pm.**
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$494
HOA Dues
-
Year Built
1907

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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 #11131771)

Price History

Date / Event Date Event Price
Aug 16, 2021 Sold
Premium
Sold
Jun 22, 2021 Listed by @properties $574,900
Listed by @properties

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • 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: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • 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
  • Total Building Area: 1,326
  • Gross Building Area: 1,326
  • Building Area: 1,326
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,326
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JONES SUB
  • Land Acres: 0000000108
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: C N (LOUCKS) RESUB OF BLKS7&10 IN K K JONES SUB OF NH SW SEC 23-40-13

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 831100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 019-106-03
  • District: 71
  • Parcel: 13-23-311-008-0000
  • Block: 7,10
  • Lot: 39,40
  • Meridian: SEC 23 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9439
  • Longitude: -87.7245

    Address

  • Full Address: 3439 N Springfield Ave
  • Address - House Number: 3439
  • Street Direction: N
  • Address - Street Name: Springfield
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C045
  • 4-Digit Zip Code: 5115
  • Zip Code: 60618

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $899,904
  • Tax Rate Code Area: 71164

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 606,230
  • High Value: 746,282
  • Low Value: 466,179

    Market Valuation

  • Market Total Value: $470,010
  • Market Land Value: $164,050
  • Market Improvement Value: $305,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,001
  • Assessed Land Value: $16,405
  • Assessed Improvements Value: $30,596

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Sep 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2125907231
  • Previous Sale Recording Date: Oct 28, 2015
  • Previous Sale Contract Date: Aug 22, 2015
  • Previous Sale Amount: $422,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Northwest Side

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$285

Above Asking

0.00%

Average Days on Market

42

Average Home Size

1187 ft²

Average Home Age

78.1 years

Currently For Sale

780 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 3228 W Palmer Street, Chicago, IL, 60647

$2,500 /mo

  • 1 Bed
  • 1 Bath
3228 W Palmer Street #14, Chicago, IL, 60647 Listing by Ryan Clemons
Unit for rent at 4018 W Nelson Street, Chicago, IL, 60641

$2,600 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
4018 W Nelson Street #2, Chicago, IL, 60641 Listing by Panagiotis Gikas
Unit for rent at 3722 W School Street, Chicago, IL, 60618

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,200 ft²
3722 W School Street #1W, Chicago, IL, 60618 Listing by Maja Krzewinska

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kaylin Goldstein, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11131771
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 3439 North Springfield Avenue built and last sold?
The property at 3439 North Springfield Avenue was built in 1907 and last sold on Aug 6, 2021 for $603,000.
How much is this home worth?
The estimated value of the home located at 3439 North Springfield Avenue is $580,649.
What are some comparable homes to 3439 North Springfield Avenue?
There are currently no comparable homes to 3439 North Springfield Avenue.
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