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Cicero 60804 Cicero
4902 W 24th Place
$174,000
● House - Off Market

4902 W 24th Place

Cicero, IL 60804
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,052 Ft²
$177,032
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Multiple Offers received-Highest & Best due Monday, 2-20th by 3pm. This is a nice brick cottage with a congenial floor plan featuring a spacious Living/Dining room, 3 main level bedrooms, eat in Kitchen with plenty of cabinets & ceramic tile back splash, rear enclosed porch and full partially finished basement with direct access to backyard. Yard is fenced with large patio area and a 2 car garage. New roof on house in 2022. Conveniently located to school and Cermak Rd shopping district. PLEASE NOTE: Property is being sold AS IS. BUYER is responsible for the Cicero Pre Sale Compliance List of repairs, violations and/or repairs escrows if any & this MUST be in the offer when submitted!!! Report is in the drop down menu...
Unit Size
1,052 Ft²
Days on Market
-
Land Size
-
Price per sqft
$165
Property Type
House
Property Taxes
$210
HOA Dues
-
Year Built
1923

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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: 3 years ago (MRED MLS #11617363)

Price History

Date / Event Date Event Price
Apr 10, 2023 Sold
Premium
Sold
Aug 30, 2022 Listed by Century 21 Circle $174,000
Listed by Century 21 Circle

Property Highlights

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 8
  • Floor Count: 100
  • 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: 3,150
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,052
  • Gross Building Area: 1,052
  • Building Area: 1,052
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,052
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOUSEHOLDERS ADD TO MORTON PARK
  • Land Acres: 0000000072
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (HOUSEHOLDERS) ADD TO (MORTON)(PARK) SEC 28-39-13

Neighborhood

  • School District Name: Cicero School District 99
  • Census Tract: 813801

Geography

  • District: 15
  • Parcel: 16-28-217-040-0000
  • Block: 2
  • Lot: 20
  • Meridian: SEC 28 TWN 39N RNG 13E
  • Municipality: CICERO
  • Latitude: 41.8471
  • Longitude: -87.7468

    Address

  • Full Address: 4902 W 24th Pl
  • Address - House Number: 4902
  • Street Direction: W
  • Address - Street Name: 24th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Cicero
  • Carrier Code: C028
  • 4-Digit Zip Code: 3420
  • Zip Code: 60804

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $247,388
  • Tax Rate Code Area: 15001

    Appraisal Valuation

  • Standard Deviation: 0.2616
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 200,020
  • High Value: 252,347
  • Low Value: 147,693

    Market Valuation

  • Market Total Value: $150,000
  • Market Land Value: $33,860
  • Market Improvement Value: $116,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,000
  • Assessed Land Value: $3,386
  • Assessed Improvements Value: $11,614

    Sales

  • Current Sale Contract Date: Apr 10, 2023
  • Current Sale Recording Date: Apr 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 55029
  • Previous Sale Recording Date: Sep 02, 1997
  • Previous Sale Contract Date: Aug 26, 1997
  • Previous Sale Amount: $76,666
  • Previous Sale Document Type: 71
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 Cicero

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$207

Below Asking

0.01%

Average Days on Market

45

Average Home Size

685 ft²

Average Home Age

101.5 years

Currently For Sale

61 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 5417 W Adams Street, Chicago, IL, 60644

$2,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
5417 W Adams Street #2ND, Chicago, IL, 60644 Listing by Maria Jerusalimiec

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Lisa Keating, Century 21 Circle
Last Updated: 3 years ago
Data Source: MRED, MLS# 11617363
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 4902 West 24th Place built and last sold?
The property at 4902 West 24th Place was built in 1923 and last sold on Apr 10, 2023 for $174,000.
How much is this home worth?
The estimated value of the home located at 4902 West 24th Place is $0.
What are some comparable homes to 4902 West 24th Place?
There are currently no comparable homes to 4902 West 24th Place.
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