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Cicero 60804 Cicero
5221 W 23rd Place
$330,000
● House - Off Market

5221 W 23rd Place

Cicero, IL 60804
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,983 Ft²
$2,257
Est. Monthly
7.87%
Cap Rate

About This Property

Single family home ready for a new family.  Basement and attic are ready for inlaws
Unit Size
1,983 Ft²
Days on Market
-
Land Size
-
Price per sqft
$166
Property Type
House
Property Taxes
$636
HOA Dues
-
Year Built
1913

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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 #11985491)

Price History

Date / Event Date Event Price
Mar 11, 2024 Sold
Premium
Sold
Feb 20, 2024 Listed by Extreme Realty LLC $330,000
Listed by Extreme Realty LLC
Oct 6, 2021 No longer available -
No longer available
Sep 3, 2020 In contract -
In contract
Sep 2, 2020 No longer available -
No longer available
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 11
  • 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: 4,725
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 380
  • Total Building Area: 1,983
  • Gross Building Area: 1,983
  • Building Area: 1,983
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,983
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAWTHORNE LAND & IMPROVEMENT
  • Land Acres: 0000000109
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04
  • Legal Description 1: (HAWTHORNE) (LAND) & (IMPROVEMENT) COS ADD TO (MORTON ) PARK SUB OF EH NW SEC 28-39-13

Neighborhood

  • School District Name: Cicero School District 99
  • Census Tract: 813802

Geography

  • District: 15
  • Parcel: 16-28-115-010-0000
  • Block: 4
  • Lot: 12,11
  • Meridian: SEC 28 TWN 39N RNG 13E
  • Municipality: CICERO
  • Latitude: 41.8481
  • Longitude: -87.7551

    Address

  • Full Address: 5221 W 23rd Pl
  • Address - House Number: 5221
  • Street Direction: W
  • Address - Street Name: 23rd
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Cicero
  • Carrier Code: C049
  • 4-Digit Zip Code: 2807
  • Zip Code: 60804

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $763,466
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 15001

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 327,774
  • High Value: 360,914
  • Low Value: 294,633

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $50,790
  • Market Improvement Value: $209,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $5,079
  • Assessed Improvements Value: $20,921

    Sales

  • Current Sale Contract Date: Sep 14, 2023
  • Current Sale Recording Date: Oct 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 29174
  • Previous Sale Recording Date: Dec 30, 2020
  • Previous Sale Contract Date: Oct 14, 2020
  • Previous Sale Amount: $230,000
  • 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:

$329,000

Sale Price/ft²

$209

Below Asking

0.01%

Average Days on Market

45

Average Home Size

786 ft²

Average Home Age

99.3 years

Currently For Sale

58 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: Monica Morales, Extreme Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11985491
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 5221 West 23rd Place built and last sold?
The property at 5221 West 23rd Place was built in 1913 and last sold on Sep 14, 2023 for $315,000.
How much is this home worth?
The estimated value of the home located at 5221 West 23rd Place is $340,746.
What are some comparable homes to 5221 West 23rd Place?
There are currently no comparable homes to 5221 West 23rd Place.
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