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Chicago 60652 Ashburn
3551 W 81ST Place
$65,800
● House - Off Market

3551 W 81ST Place

CHICAGO, IL 60652
bedrooms
3 Beds
bathrooms
1 Bath
square feet
999 Ft²
$139,220
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

Super attractive ranch has an nice garage and is located on  great block. The HomePath home features 3 bedrooms, hardwood floors and a fireplace. Great schools and shopping are nearby. The seller is offering special financing and as little as 5% down!!  Addendums must accompany all offers
Unit Size
999 Ft²
Days on Market
-
Land Size
-
Price per sqft
$75
Property Type
House
Property Taxes
$143
HOA Dues
-
Year Built
1954

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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

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 6
  • 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: 4,612
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 400
  • Total Building Area: 999
  • Gross Building Area: 999
  • Building Area: 999
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 999
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHWEST HIGHLANDS AT 79TH & KEDZI
  • Land Acres: 0000000106
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: SOUTHWEST HIGHLANDS LOT 703

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 700401

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-35-215-027-0000
  • Lot: 703
  • Meridian: SEC 35 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7448
  • Longitude: -87.7116

    Address

  • Full Address: 3551 W 81st Pl
  • Address - House Number: 3551
  • Street Direction: W
  • Address - Street Name: 81st
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C021
  • 4-Digit Zip Code: 2527
  • Zip Code: 60652

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $248,689
  • Tax Rate Code Area: 72017

    Appraisal Valuation

  • Standard Deviation: 0.2602
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 176,007
  • High Value: 221,817
  • Low Value: 130,197

    Market Valuation

  • Market Total Value: $120,000
  • Market Land Value: $36,900
  • Market Improvement Value: $83,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,000
  • Assessed Land Value: $3,690
  • Assessed Improvements Value: $8,310

    Sales

  • Current Sale Contract Date: Apr 17, 2023
  • Current Sale Recording Date: Aug 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10021
  • Previous Sale Recording Date: Jul 21, 2014
  • Previous Sale Contract Date: Jun 30, 2014
  • 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 Ashburn

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$223

Above Asking

0.00%

Average Days on Market

43

Average Home Size

1369 ft²

Average Home Age

69.8 years

Currently For Sale

14 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 7934 S Komensky Avenue, Chicago, IL, 60652

$2,900 /mo

  • 4 Beds
  • 2 Baths
  • 1,222 ft²
7934 S Komensky Avenue, Chicago, IL, 60652 Listing by Maria Almeraz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Gary Weglarz, Applebrook Realty, Inc.
Data Source: MRED, MLS# MRD08577297
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 3551 West 81st Place built and last sold?
The property at 3551 West 81st Place was built in 1954 and last sold on Apr 17, 2023 for $90,500.
How much is this home worth?
The estimated value of the home located at 3551 West 81st Place is $0.
What are some comparable homes to 3551 West 81st Place?
There are currently no comparable homes to 3551 West 81st Place.
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