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Chicago 60646 Norwood Park
5701 N Mobile Avenue
$430,000
● House - Off Market

5701 N Mobile Avenue

Chicago, IL 60646
bedrooms
4 Beds
bathrooms
2 Baths
$2,599
Est. Monthly
10.19%
Cap Rate
Unit Size
-
Days on Market
-
Land Size
0.08 acres
Price per sqft
-
Property Type
House
Property Taxes
$463
HOA Dues
-
Year Built
1953

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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
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 7
  • 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: 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: 3,272
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 260
  • Total Building Area: 1,272
  • Gross Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,272
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MCINTOSHS BRYN MAWR
  • Land Acres: 0000000075
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: A T (MCINTOSHS)(BRYN)(MAWR) AVE ADD TO CHICAGO SUB LT S 1-2 EX E 46.83FT SAID LT 1 IN CIRCUIT COURT PARTITION OF LT 13-15 IN

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 100100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-05-319-020-0000
  • Block: 3
  • Lot: 1
  • Meridian: SEC 05 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.9848
  • Longitude: -87.7849

    Address

  • Full Address: 5701 N Mobile Ave
  • Address - House Number: 5701
  • Street Direction: N
  • Address - Street Name: Mobile
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C029
  • 4-Digit Zip Code: 6123
  • Zip Code: 60646

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $539,789
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2042
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 399,176
  • High Value: 480,707
  • Low Value: 317,644

    Market Valuation

  • Market Total Value: $296,640
  • Market Land Value: $81,800
  • Market Improvement Value: $214,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,664
  • Assessed Land Value: $8,180
  • Assessed Improvements Value: $21,484

    Sales

  • Current Sale Contract Date: Oct 26, 2017
  • Current Sale Recording Date: Oct 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1730029090
  • Previous Sale Recording Date: Nov 06, 2013
  • Previous Sale Contract Date: Jul 22, 2013
  • Previous Sale Document Type: 64
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

1215 ft²

Average Home Age

78.8 years

Currently For Sale

802 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 4414 N Nagle Avenue, Harwood Heights, IL, 60706

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,248 ft²
4414 N Nagle Avenue, Harwood Heights, IL, 60706 Listing by Brendan Murphy

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ni Ma, EverBright Realty
Data Source: MRED, MLS# MRD12371107
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 5701 North Mobile Avenue built and last sold?
The property at 5701 North Mobile Avenue was built in 1953 and last sold on Oct 26, 2017 for $295,000.
How much is this home worth?
The estimated value of the home located at 5701 North Mobile Avenue is $439,249.
What are some comparable homes to 5701 North Mobile Avenue?
There are currently no comparable homes to 5701 North Mobile Avenue.
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