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Chicago Ridge 60415
6436 103rd Street
$252,000
● House - Off Market

6436 103rd Street

Chicago Ridge, IL 60415
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,347 Ft²
$253,952
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Offer had been verbally accepted. Beautifully Renovated 3 Bedroom 1 Bath Ranch Home is Ready for a New Owner to Move Right In! Large Living/Front Room with Updated,  Neutral Carpet and Paint, which has been completed throughout the Home! Kitchen Boast Stylish White Shaker Cabinets Complimenting the Upgraded, All Black Appliances for a Nice, Crisp Look! Right off the Kitchen you Have a Large, Open Family Room with a Fireplace Perfect for Entertaining. 3 Nice Sized Bedrooms and and Updated Full Bath on Top off this Wonderful Home Now Available.  Set Your Appointment Today!
Unit Size
1,347 Ft²
Days on Market
-
Land Size
-
Price per sqft
$189
Property Type
House
Property Taxes
$447
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11827494)

Price History

Date / Event Date Event Price
Oct 10, 2023 Sold
Premium
Sold
Jul 10, 2023 Listed by Kennedy Connection Realtors $254,900
Listed by Kennedy Connection Realtors

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 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: 2,900
  • Total Building Area: 1,347
  • Gross Building Area: 1,347
  • Building Area: 1,347
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,347
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLS ADD TO WASHINGTON HEIGHTS
  • Land Acres: 0000000067
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (HILLS) ADD TO (WASHINGTON) (HEIGHTS) IN SEC 07-37-13

Neighborhood

  • School District Name: Community High School District 218
  • Census Tract: 823001

Geography

  • District: 39
  • Parcel: 24-07-404-029-0000
  • Block: 2
  • Lot: 29,30
  • Meridian: SEC 07 TWN 37N RNG 13E
  • Municipality: WORTH
  • Latitude: 41.7052
  • Longitude: -87.7813

    Address

  • Full Address: 6436 103rd St
  • Address - House Number: 6436
  • Address - Street Name: 103rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago Ridge
  • Carrier Code: C114
  • 4-Digit Zip Code: 1401
  • Zip Code: 60415

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $455,714
  • Tax Rate Code Area: 39032

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 231,834
  • High Value: 284,771
  • Low Value: 178,897

    Market Valuation

  • Market Total Value: $149,170
  • Market Land Value: $16,680
  • Market Improvement Value: $132,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,917
  • Assessed Land Value: $1,668
  • Assessed Improvements Value: $13,249

    Sales

  • Current Sale Contract Date: Sep 25, 2023
  • Current Sale Recording Date: Oct 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 15032
  • Previous Sale Recording Date: Nov 15, 2016
  • Previous Sale Contract Date: Nov 08, 2016
  • 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 Chicago Ridge

Stats & Trends

Median Asking:

$244,900

Sale Price/ft²

$198

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1061 ft²

Average Home Age

52.5 years

Currently For Sale

26 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 9520 Major Avenue, Oak Lawn, IL, 60453

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,176 ft²
9520 Major Avenue, Oak Lawn, IL, 60453 Listing by Matthew Widtmann

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kevin Kennedy, Kennedy Connection Realtors
Last Updated: 3 years ago
Data Source: MRED, MLS# 11827494
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 6436 103rd Street built and last sold?
The property at 6436 103rd Street was built in 1959 and last sold on Sep 25, 2023 for $252,000.
How much is this home worth?
The estimated value of the home located at 6436 103rd Street is $260,189.
What are some comparable homes to 6436 103rd Street?
There are currently no comparable homes to 6436 103rd Street.
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