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Chicago 60629 West Lawn
3619 W 60th Place
$205,000
● House - Off Market

3619 W 60th Place

Chicago, IL 60629
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,029 Ft²
$1,160
Est. Monthly
13.94%
Cap Rate

About This Property

Rehab opportunity in West Lawn! Property boasts 4 natural bedrooms with additional living space in the basement perfect for an in-law arrangement. Includes large living room with formal dining room and spacious kitchen. Enclosed porches add great storage space. Maintenance free yard and two car garage. Water heaters 2019 and roof is less than 4 years old. All investors welcomed. NO FHA. Cash preferred.
Unit Size
1,029 Ft²
Days on Market
-
Land Size
-
Price per sqft
$194
Property Type
House
Property Taxes
$177
HOA Dues
-
Year Built
1926

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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: 2 years ago (MRED MLS #12205251)

Price History

Date / Event Date Event Price
Nov 25, 2024 Sold
Premium
Sold
Nov 6, 2024 Listed by RE/MAX Premier $200,000
Listed by RE/MAX Premier

Property Highlights

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • 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: 3
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,029
  • Gross Building Area: 1,029
  • Building Area: 1,029
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,029
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FISHELLS ADD TO CHICAGO LAWN
  • Land Acres: 0000000072
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (FISHELLS) ADD TO (CHICAGO)(LAWN) SUB OF SE NE SW SEC 14-38-13

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 650100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Apr 04, 2024
  • District: 72
  • Parcel: 19-14-315-014-0000
  • Block: 2
  • Lot: 7
  • Meridian: SEC 14 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7831
  • Longitude: -87.714

    Address

  • Full Address: 3619 W 60th Pl
  • Address - House Number: 3619
  • Street Direction: W
  • Address - Street Name: 60th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C069
  • 4-Digit Zip Code: 3919
  • Zip Code: 60629

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $203,611
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2376
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 264,158
  • High Value: 326,935
  • Low Value: 201,382

    Market Valuation

  • Market Total Value: $160,000
  • Market Land Value: $31,250
  • Market Improvement Value: $128,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $3,125
  • Assessed Improvements Value: $12,875

    Sales

  • Current Sale Contract Date: Sep 21, 1993
  • Current Sale Recording Date: Sep 24, 1993
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 93770988
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

$239

Above Asking

54.64%

Average Days on Market

48

Average Home Size

1012 ft²

Average Home Age

85.2 years

Currently For Sale

286 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 6606 S Richmond Street, Chicago, IL, 60629

$2,800 /mo

  • 4 Beds
  • 1 Bath
  • 1,500 ft²
6606 S Richmond Street, Chicago, IL, 60629 Listing by Jocelyn Hernandez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Juan Narvaez, RE/MAX Premier
Last Updated: 2 years ago
Data Source: MRED, MLS# 12205251
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 3619 West 60th Place built and last sold?
The property at 3619 West 60th Place was built in 1926 and last sold on Sep 21, 1993 for $63,333.
How much is this home worth?
The estimated value of the home located at 3619 West 60th Place is $0.
What are some comparable homes to 3619 West 60th Place?
There are currently no comparable homes to 3619 West 60th Place.
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