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Chicago 60628 Fernwood
347 W 101st Street
$252,900
● House - Off Market

347 W 101st Street

Chicago, IL 60628
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,600 Ft²
$1,388
Est. Monthly
10.93%
Cap Rate

About This Property

This is an excellent opportunity to own this beautiful home Located on the South side of Chicago, this classic charming all brick bungalow, Property features open living area, 4 bedrooms, completely new, kitchen and bathrooms. There is a formal dining room off the living room, very nice sized kitchen with enclosed rear porch. Basement is completely finished. Detached 2.5 car garage and a nice sized backyard for entertaining guests outdoors. Home is in an ideal location being close to schools shopping and public transportation. Property is monitored with alarm, video cameras and additional security. This property is Not for Rent or lease.
Unit Size
2,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$97
Property Type
House
Property Taxes
$146
HOA Dues
-
Year Built
1931

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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: 2 years ago (MRED MLS #12088193)

Price History

Date / Event Date Event Price
Feb 28, 2025 Sold
Premium
Sold
Jan 2, 2025 In contract -
In contract
Dec 7, 2024 Price Decreased $252,900
↓ $1K (0.4%)
Price Decreased
Nov 14, 2024 Price Decreased $253,900
↓ $1K (0.4%)
Price Decreased
Oct 27, 2024 Price Decreased $254,900
↓ $1K (0.4%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 28
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 3,500
  • Total Building Area: 971
  • Gross Building Area: 971
  • Building Area: 971
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 971
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRANK DELUGACHS PRINCETON PARK
  • Land Acres: 0000000080
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: LOT 4 EXCEPT W 9 FT ALSO W 13 FT OF LOT 5 IN FRANK DELUGACHS PRINCETON PARK ADD OF SE4 SEC09 T37N R14E...

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 490700

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 25-09-416-004-0000
  • Lot: 4
  • Meridian: SEC 09 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7105
  • Longitude: -87.6326

    Address

  • Full Address: 347 W 101st St
  • Address - House Number: 347
  • Street Direction: W
  • Address - Street Name: 101st
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C065
  • 4-Digit Zip Code: 1936
  • Zip Code: 60628

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $268,184
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 72003

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 96,459
  • High Value: 106,212
  • Low Value: 86,706

    Market Valuation

  • Market Total Value: $130,000
  • Market Land Value: $14,000
  • Market Improvement Value: $116,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,000
  • Assessed Land Value: $1,400
  • Assessed Improvements Value: $11,600

    Sales

  • Current Sale Contract Date: Jun 06, 2023
  • Current Sale Recording Date: Jun 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13203
  • Previous Sale Recording Date: Sep 30, 2015
  • Previous Sale Contract Date: Aug 12, 2015
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: 68
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 Far South Chicago

Stats & Trends

Median Asking:

$254,500

Sale Price/ft²

$164

Above Asking

0.21%

Average Days on Market

51

Average Home Size

1224 ft²

Average Home Age

92 years

Currently For Sale

757 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 10151 S Wallace Street, Chicago, IL, 60628

$2,500 /mo

  • 5 Beds
  • 2 Baths
  • 1,820 ft²
10151 S Wallace Street, Chicago, IL, 60628 Listing by Denise Perkins

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Louie Psyhogios, HomeSmart Connect LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12088193
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 347 West 101st Street built and last sold?
The property at 347 West 101st Street was built in 1931 and last sold on Jun 6, 2023 for $71,000.
How much is this home worth?
The estimated value of the home located at 347 West 101st Street is $0.
What are some comparable homes to 347 West 101st Street?
There are currently no comparable homes to 347 West 101st Street.
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