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Chicago 60652 Scottsdale
4714 W 87th Street
$207,000
● House - Off Market

4714 W 87th Street

Chicago, IL 60652
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$1,221
Est. Monthly
10.76%
Cap Rate

About This Property

Great investment opportunity. Complete rehab needed. Property highlights*single family home w/ three bedrooms, 1 bath on main level. Basement needs full rehab. Ideal for rehabbers, investors, or savvy buyers looking for a project. Don't miss out on this promising investment opportunity. Act now and schedule a showing. Property SOLD, AS-IS.
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$173
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1962

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 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
  • Total Building Area: 1,040
  • Gross Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FREDK H BARTLETTS CITY OF CHICAGO SU
  • Land Acres: 0000000072
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 700302

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-34-314-012-0000
  • Block: 2
  • Lot: 9
  • Meridian: SEC 34 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7348
  • Longitude: -87.7391

    Address

  • Full Address: 4714 W 87th St
  • Address - House Number: 4714
  • Street Direction: W
  • Address - Street Name: 87th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C005
  • 4-Digit Zip Code: 3503
  • Zip Code: 60652

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $393,773
  • Tax Rate Code Area: 72017

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 271,892
  • High Value: 333,975
  • Low Value: 209,808

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $26,560
  • Market Improvement Value: $163,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,000
  • Assessed Land Value: $2,656
  • Assessed Improvements Value: $16,344
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 Scottsdale

Stats & Trends

Median Asking:

$319,900

Sale Price/ft²

$252

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1658 ft²

Average Home Age

68.4 years

Currently For Sale

11 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 5721 Circle Drive, Oak Lawn, IL, 60453

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
5721 Circle Drive #304, Oak Lawn, IL, 60453 Listing by Aaron Gaines

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Frank Williams, F.J. Williams Realty LLC
Data Source: MRED, MLS# MRD12401141
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 4714 West 87th Street built and last sold?
The property at 4714 West 87th Street was built in 1962 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4714 West 87th Street is $185,898.
What are some comparable homes to 4714 West 87th Street?
There are currently no comparable homes to 4714 West 87th Street.
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