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Chicago 60652 Ashburn
3920 W 85th Street
$285,000
● House - Off Market

3920 W 85th Street

Chicago, IL 60652
bedrooms
3 Beds
bathrooms
2 Baths
square feet
990 Ft²
$1,700
Est. Monthly
6.74%
Cap Rate

About This Property

MULTIPLE OFFERS RECEIVED, ALL OFFERS DUE BY 10AM ON 8/14. Do not miss this updated Cape Cod in the Ashburn neighborhood with a side-drive, oversized yard, and two car garage! Main floor features 2 bedrooms, a full bath, and an open-concept eat-in kitchen/living room. Head upstairs to a spacious primary bedroom with a 2nd full bath. The basement is finished and includes a spacious family room, a 4th bedroom, as well as a separate laundry room. Recent updates include Roof (tear-off in 2021), Furnace (2021), AC (2023), Solar Panels (2022 - Most recent ComEd bill was only $16!!!), Hot Water Heater (2023), Refrigerator (2021), Microwave (2024), Washer (2021). All of the big ticket items have been taken care of. All that's left to do is pick out some new paint and make this home your own. Property is being offered As-Is.
Unit Size
990 Ft²
Days on Market
-
Land Size
-
Price per sqft
$288
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1954

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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 #12130078)

Price History

Date / Event Date Event Price
Oct 10, 2024 Sold
Premium
Sold
Aug 20, 2024 In contract -
In contract
Aug 5, 2024 Listed by Compass $285,000
Listed by Compass

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,249
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 420
  • Total Building Area: 990
  • Gross Building Area: 990
  • Building Area: 990
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 990
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALLACE G CLARK & COMPANYS 04T
  • Land Acres: 0000000121
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 700402

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-35-315-029-0000
  • Block: 7
  • Lot: 39,37
  • Meridian: SEC 35 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7388
  • Longitude: -87.7201

    Address

  • Full Address: 3920 W 85th St
  • Address - House Number: 3920
  • Street Direction: W
  • Address - Street Name: 85th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C028
  • 4-Digit Zip Code: 3739
  • Zip Code: 60652

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $385,060
  • Tax Rate Code Area: 72017

    Appraisal Valuation

  • Standard Deviation: 0.2602
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 241,222
  • High Value: 304,005
  • Low Value: 178,439

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $41,990
  • Market Improvement Value: $178,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $4,199
  • Assessed Improvements Value: $17,801

    Sales

  • Current Sale Contract Date: Apr 01, 2010
  • Current Sale Recording Date: Apr 09, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1009933000
  • Previous Sale Recording Date: Aug 26, 2009
  • Previous Sale Contract Date: Jul 08, 2009
  • Previous Sale Amount: $59,500
  • 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:

$319,000

Sale Price/ft²

$226

Above Asking

0.00%

Average Days on Market

43

Average Home Size

1321 ft²

Average Home Age

69.9 years

Currently For Sale

13 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Vasiliki Kanavos, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 12130078
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 3920 West 85th Street built and last sold?
The property at 3920 West 85th Street was built in 1954 and last sold on Apr 1, 2010 for $175,000.
How much is this home worth?
The estimated value of the home located at 3920 West 85th Street is $284,964.
What are some comparable homes to 3920 West 85th Street?
There are currently no comparable homes to 3920 West 85th Street.
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