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Chicago 60652 Ashburn
3852 W 83rd Street
$287,000
● House - Off Market

3852 W 83rd Street

Chicago, IL 60652
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,884 Ft²
$1,603
Est. Monthly
7.19%
Cap Rate

About This Property

Welcome to this charming Cape Cod in the friendly Ashburn neighborhood! This delightful starter home features 3 cozy bedrooms and 1.5 bathrooms. You'll love the spacious living room and dining area, perfect for family time and entertaining. The kitchen has plenty of cabinet space. Enjoy the large backyard, ideal for summer gatherings, BBQ parties, and more! Plus, there's a 2-car garage for your convenience. Don't miss out-schedule your showing today!
Unit Size
1,884 Ft²
Days on Market
-
Land Size
-
Price per sqft
$146
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1947

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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 #12062401)

Price History

Date / Event Date Event Price
Jul 3, 2024 Sold
Premium
Sold
May 21, 2024 Listed by Cloud Gate Realty LLC $275,000
Listed by Cloud Gate Realty LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • Exterior Walls Type: 24
  • 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: 4,725
  • Total Building Area: 1,329
  • Gross Building Area: 1,329
  • Building Area: 1,329
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,329
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLARK & COS THIRD ADD TO CLARKDALE
  • Land Acres: 0000000109
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: WALLACE G (CLARK) & COS (THIRD) ADD TO (CLARKDALE) IN NW SEC 35-38-13

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: 19-35-126-038-0000
  • Block: 4
  • Lot: 26,27
  • Meridian: SEC 35 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7424
  • Longitude: -87.7189

    Address

  • Full Address: 3852 W 83rd St
  • Address - House Number: 3852
  • Street Direction: W
  • Address - Street Name: 83rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C040
  • 4-Digit Zip Code: 2440
  • Zip Code: 60652

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $302,183
  • Tax Rate Code Area: 72017

    Appraisal Valuation

  • Standard Deviation: 0.2508
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 268,576
  • High Value: 335,951
  • Low Value: 201,201

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $37,800
  • Market Improvement Value: $142,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,000
  • Assessed Land Value: $3,780
  • Assessed Improvements Value: $14,220

    Sales

  • Current Sale Contract Date: Nov 17, 2003
  • Current Sale Recording Date: Jan 21, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0402104045

    Financing

  • First Mortgage Financing Type: ADJ
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

$226

Above Asking

0.00%

Average Days on Market

44

Average Home Size

1232 ft²

Average Home Age

69.9 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 9600 S Komensky Avenue, Oak Lawn, IL, 60453

$1,800 /mo

  • 2 Beds
  • 2 Baths
9600 S Komensky Avenue #3W, Oak Lawn, IL, 60453 Listing by Vickie Soupos
Unit for rent at 7137 S Washtenaw Avenue, Chicago, IL, 60629

$1,950 /mo

  • 4 Beds
  • 1 Bath
  • 2,200 ft²
7137 S Washtenaw Avenue #2, Chicago, IL, 60629 Listing by Nancy Villacorta

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jose Arroyo, Cloud Gate Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 12062401
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 3852 West 83rd Street built and last sold?
The property at 3852 West 83rd Street was built in 1947 and last sold on Nov 17, 2003 for $170,000.
How much is this home worth?
The estimated value of the home located at 3852 West 83rd Street is $0.
What are some comparable homes to 3852 West 83rd Street?
There are currently no comparable homes to 3852 West 83rd Street.
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