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Chicago 60629 West Lawn
3618 W 65th Place
$170,000
● House - Off Market

3618 W 65th Place

Chicago, IL 60629
bedrooms
3 Beds
bathrooms
2 Baths
square feet
880 Ft²
$1,001
Est. Monthly
13.22%
Cap Rate

About This Property

Property in need of work.  Sold as-is.
Unit Size
880 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$205
Property Type
House
Property Taxes
$117
HOA Dues
-
Year Built
1925

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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.

Last updated: 3 years ago (MRED MLS #11993592)

Price History

Date / Event Date Event Price
Mar 27, 2024 Sold
Premium
Sold
Mar 1, 2024 Listed by RE/MAX MI CASA $180,000
Listed by RE/MAX MI CASA

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 4
  • 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: 17
  • 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: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,593
  • Total Building Area: 880
  • Gross Building Area: 880
  • Building Area: 880
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 880
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MALBROUGHS SUB
  • Land Acres: 0000000105
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: I D (MALBROUGHS) SUB OF LT 2 OF BLK 1 OF MANDELLS SUB OF NH SH NW SEC 23-38-13

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 650302

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-23-119-039-0000
  • Block: 1
  • Lot: 2
  • Meridian: SEC 23 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7745
  • Longitude: -87.7138

    Address

  • Full Address: 3618 W 65th Pl
  • Address - House Number: 3618
  • Street Direction: W
  • Address - Street Name: 65th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C015
  • 4-Digit Zip Code: 4002
  • Zip Code: 60629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $260,211
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 177,523
  • High Value: 195,472
  • Low Value: 159,574

    Market Valuation

  • Market Total Value: $160,000
  • Market Land Value: $45,930
  • Market Improvement Value: $114,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $4,593
  • Assessed Improvements Value: $11,407

    Sales

  • Current Sale Contract Date: Nov 01, 2002
  • Current Sale Recording Date: Dec 13, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0021378592
  • Previous Sale Recording Date: Jul 09, 2001
  • Previous Sale Contract Date: Jun 08, 2001
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 27
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:

$365,000

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1002 ft²

Average Home Age

86.5 years

Currently For Sale

275 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 4510 W 55th Street, Chicago, IL, 60632

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,100 ft²
4510 W 55th Street #2, Chicago, IL, 60632 Listing by Maria Buitron
Unit for rent at 6848 S Keeler Avenue, Chicago, IL, 60629

$2,300 /mo

  • 3 Beds
  • 1 Bath
6848 S Keeler Avenue, Chicago, IL, 60629 Listing by Oscar Campos

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Oscar Campos, RE/MAX MI CASA
Last Updated: 3 years ago
Data Source: MRED, MLS# 11993592
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 3618 West 65th Place built and last sold?
The property at 3618 West 65th Place was built in 1925 and last sold on Nov 1, 2002 for $143,000.
How much is this home worth?
The estimated value of the home located at 3618 West 65th Place is $0.
What are some comparable homes to 3618 West 65th Place?
There are currently no comparable homes to 3618 West 65th Place.
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