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Chicago 60628 Fernwood
59 W 103rd Street
$145,000
● House - Off Market

59 W 103rd Street

Chicago, IL 60628
bedrooms
5 Beds
bathrooms
1 Bath
square feet
1,300 Ft²
$829
Est. Monthly
29.30%
Cap Rate

About This Property

Welcome to this newly rehabbed 5 bed/ 1 bath home located in the fernwood neighborhood. The home features an open floor plan great for hosting. Very stylish white kitchen with quartz countertops. Do not miss out on this!
Unit Size
1,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$123
Property Type
House
Property Taxes
$43
HOA Dues
-
Year Built
1885

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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

Building Info

Overview

    General

  • Year Built: 1885
  • Effective Year Built: 1885
  • 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: 28
  • 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: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,158
  • Lot Size Depth Feet: 250
  • Total Building Area: 912
  • Gross Building Area: 912
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 912
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KUYPERS SUB
  • Land Acres: 0000000096
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (KUYPERS) SUB OF LT 1 OF SCHOOL TRUSTEES SUB IN SEC SEC 16-37-14

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 491000

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 25-16-202-021-0000
  • Lot: 1
  • Meridian: SEC 16 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.707
  • Longitude: -87.6257

    Address

  • Full Address: 59 W 103rd St
  • Address - House Number: 59
  • Street Direction: W
  • Address - Street Name: 103rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C074
  • 4-Digit Zip Code: 2605
  • Zip Code: 60628

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $51,275
  • Tax Rate Code Area: 72204

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 98,677
  • High Value: 113,570
  • Low Value: 83,783

    Market Valuation

  • Market Total Value: $20,000
  • Market Land Value: $11,610
  • Market Improvement Value: $8,390

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,000
  • Assessed Land Value: $1,161
  • Assessed Improvements Value: $839

    Sales

  • Current Sale Contract Date: Jan 22, 2007
  • Current Sale Recording Date: Mar 02, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 0706102236
  • Previous Sale Recording Date: Nov 09, 2006
  • Previous Sale Contract Date: Nov 06, 2006
  • Previous Sale Document Type: 42
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 Far South Chicago

Stats & Trends

Median Asking:

$254,000

Sale Price/ft²

$164

Above Asking

0.21%

Average Days on Market

51

Average Home Size

1229 ft²

Average Home Age

92.3 years

Currently For Sale

761 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

Rentals Near You

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MRED

Listed by: Austin Frieder, Compass
Data Source: MRED, MLS# MRD12288972
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 59 West 103rd Street built and last sold?
The property at 59 West 103rd Street was built in 1885 and last sold on Jan 22, 2007 for $28,500.
How much is this home worth?
The estimated value of the home located at 59 West 103rd Street is $161,600.
What are some comparable homes to 59 West 103rd Street?
There are currently no comparable homes to 59 West 103rd Street.
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