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Chicago 60639 Belmont Gardens
4605 W WRIGHTWOOD Avenue
$372,500
● House - Off Market

4605 W WRIGHTWOOD Avenue

CHICAGO, IL 60639
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
$639,243
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

GIGANTIC! STYLISH BUNGALOW WITH BRAND NEW GARAGE, NEW PLUMBING,NEW ELECTRIC,NEW A/C NEW FURNACE, NEW LARGE 20X12 DECK ,NEW WINDOWS,HARDWOOD FLOORS ON ENTIRE 1ST AND 2ND FLOOR TOP OF THE LINE KITCHEN
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$438
HOA Dues
-
Year Built
1929

Payment Calculator

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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 #09397707)

Price History

Date / Event Date Event Price
Jul 19, 2017 Sold
Premium
Sold
Dec 1, 2016 Listed by CVN Realty LLC $399,900
Listed by CVN Realty LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 63
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 5,400
  • Total Building Area: 2,225
  • Gross Building Area: 2,225
  • Building Area: 2,225
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,225
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAYES KELVYN GROVE
  • Land Acres: 0000000124
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: S S (HAYES) (KELVYN) (GROVE) ADD TO CHICAGO SUB IN SW SEC 27-40-13

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 190900

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-27-313-016-0000
  • Block: 14
  • Lot: 1
  • Meridian: SEC 27 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.928
  • Longitude: -87.7421

    Address

  • Full Address: 4605 W Wrightwood Ave
  • Address - House Number: 4605
  • Street Direction: W
  • Address - Street Name: Wrightwood
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C055
  • 4-Digit Zip Code: 1844
  • Zip Code: 60639

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $764,160
  • Tax Rate Code Area: 71164

    Appraisal Valuation

  • Standard Deviation: 0.2332
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 499,095
  • High Value: 615,515
  • Low Value: 382,675

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $135,000
  • Market Improvement Value: $235,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000
  • Assessed Land Value: $13,500
  • Assessed Improvements Value: $23,500

    Sales

  • Current Sale Contract Date: Jul 11, 2017
  • Current Sale Recording Date: Jul 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1720106044

    Financing

  • First Mortgage Financing Type: FIX
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 Northwest Side

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$285

Above Asking

0.00%

Average Days on Market

42

Average Home Size

1201 ft²

Average Home Age

77.8 years

Currently For Sale

782 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 4240 W Belmont Avenue, Chicago, IL, 60641

$4,500 /mo

  • 3 Beds
  • 3 Baths
  • 1,950 ft²
4240 W Belmont Avenue, Chicago, IL, 60641 Listing by Matt Laricy
Unit for rent at 4208 W Belmont Avenue, Chicago, IL, 60641

$4,969 /mo

  • 4 Beds
  • 3 Baths
  • 1,950 ft²
4208 W Belmont Avenue, Chicago, IL, 60641 Listing by Matt Laricy

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , CVN Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 09397707
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 4605 West Wrightwood Avenue built and last sold?
The property at 4605 West Wrightwood Avenue was built in 1929 and last sold on Jul 11, 2017 for $372,500.
How much is this home worth?
The estimated value of the home located at 4605 West Wrightwood Avenue is $0.
What are some comparable homes to 4605 West Wrightwood Avenue?
There are currently no comparable homes to 4605 West Wrightwood Avenue.
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