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Chicago 60628 Longwood Manor
520 W 97th Street
$140,196
● House - Off Market

520 W 97th Street

Chicago, IL 60628
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,113 Ft²
$934
Est. Monthly
20.41%
Cap Rate

About This Property

Charming Brick Ranch Home at 520 W 97th Street, Chicago, IL    Welcome to this inviting brick ranch nestled in a prime Chicago location! Boasting approximately 1,113 square feet of well-designed living space, this cozy 3-bedroom, 1-bathroom home offers a perfect blend of comfort and convenience. The spacious eat-in kitchen is ideal for family meals or entertaining, while the light-filled living areas create a warm, welcoming atmosphere. Situated in a sought-after neighborhood, this home is just minutes from local schools, shopping, major roads, and a variety of amenities, ensuring everything you need is within easy reach. This gem is a fantastic opportunity to own in a vibrant, accessible community.
Unit Size
1,113 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$126
Property Type
House
Property Taxes
$247
HOA Dues
-
Year Built
1963

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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

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • 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: 1
  • 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: 13
  • 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: ODELLS ADD
  • Land Acres: 0000000072
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (SUBDIVISION) OF BLKS 5-7 10-11& 15IN ODELLS ADD TO E LUCID PARK SUB EH NW SEC 09-37-14

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 730500

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 25-09-113-038-0000
  • Block: 5-7
  • Lot: 27
  • Meridian: SEC 09 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7182
  • Longitude: -87.6368

    Address

  • Full Address: 520 W 97th St
  • Address - House Number: 520
  • Street Direction: W
  • Address - Street Name: 97th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C041
  • 4-Digit Zip Code: 1116
  • Zip Code: 60628

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $288,795
  • Tax Rate Code Area: 72003

    Appraisal Valuation

  • Standard Deviation: 0.2576
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 231,105
  • High Value: 290,655
  • Low Value: 171,555

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $23,440
  • Market Improvement Value: $116,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $2,344
  • Assessed Improvements Value: $11,656

    Sales

  • Current Sale Contract Date: Apr 06, 2019
  • Current Sale Recording Date: Jun 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1915749156
  • Previous Sale Recording Date: Jul 11, 2018
  • Previous Sale Contract Date: Jun 18, 2018
  • Previous Sale Amount: $70,500
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: UNK
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 South Side

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1103 ft²

Average Home Age

91.4 years

Currently For Sale

718 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 10151 S Wallace Street, Chicago, IL, 60628

$2,500 /mo

  • 5 Beds
  • 2 Baths
  • 1,820 ft²
10151 S Wallace Street, Chicago, IL, 60628 Listing by Denise Perkins
Unit for rent at 8954 S Eggleston Avenue, Chicago, IL, 60620

$2,750 /mo

  • 4 Beds
  • 1 Bath
  • 975 ft²
8954 S Eggleston Avenue, Chicago, IL, 60620 Listing by Victor Tierrafria

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Steve Meeker, Meeker Real Estate Inc
Data Source: MRED, MLS# MRD12476453
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 520 West 97th Street built and last sold?
The property at 520 West 97th Street was built in 1963 and last sold on Apr 6, 2019 for $185,000.
How much is this home worth?
The estimated value of the home located at 520 West 97th Street is $0.
What are some comparable homes to 520 West 97th Street?
There are currently no comparable homes to 520 West 97th Street.
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