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Chicago 60641 Portage Park
5240 W Eddy Street
$440,000
● House - Off Market

5240 W Eddy Street

Chicago, IL 60641
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,595 Ft²
$2,645
Est. Monthly
11.13%
Cap Rate
Unit Size
1,595 Ft²
Days on Market
-
Land Size
-
Price per sqft
$266
Property Type
House
Property Taxes
$557
HOA Dues
-
Year Built
1927

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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: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 150
  • 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: 4,687
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 370
  • Total Building Area: 1,595
  • Gross Building Area: 1,595
  • Building Area: 1,595
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,595
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIELD & MARTINS
  • Land Acres: 0000000108
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (HIELD) & (MARTINS) SUB OF EH NE SW SEC 21-40-13

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 151100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-21-303-023-0000
  • Block: 1
  • Lot: 11
  • Meridian: SEC 21 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9453
  • Longitude: -87.7585

    Address

  • Full Address: 5240 W Eddy St
  • Address - House Number: 5240
  • Street Direction: W
  • Address - Street Name: Eddy
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C030
  • 4-Digit Zip Code: 3308
  • Zip Code: 60641

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $649,890
  • Tax Rate Code Area: 71033

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 376,392
  • High Value: 414,448
  • Low Value: 338,335

    Market Valuation

  • Market Total Value: $350,010
  • Market Land Value: $117,180
  • Market Improvement Value: $232,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,001
  • Assessed Land Value: $11,718
  • Assessed Improvements Value: $23,283

    Sales

  • Current Sale Contract Date: Apr 11, 2022
  • Current Sale Recording Date: Apr 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2210842145
  • Previous Sale Recording Date: Apr 18, 2022
  • Previous Sale Contract Date: Apr 11, 2022
  • Previous Sale Amount: $380,000
  • 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 Northwest Side

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$285

Above Asking

0.00%

Average Days on Market

42

Average Home Size

1199 ft²

Average Home Age

78.2 years

Currently For Sale

783 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 4230 W Belmont Avenue, Chicago, IL, 60641

$4,969 /mo

  • 4 Beds
  • 3 Baths
  • 1,950 ft²
4230 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: Maria DelBoccio, @properties Christie's International Real Estate
Data Source: MRED, MLS# MRD12408360
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 5240 West Eddy Street built and last sold?
The property at 5240 West Eddy Street was built in 1927 and last sold on Apr 11, 2022 for $380,000.
How much is this home worth?
The estimated value of the home located at 5240 West Eddy Street is $429,533.
What are some comparable homes to 5240 West Eddy Street?
There are currently no comparable homes to 5240 West Eddy Street.
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