Check Availability
$71,250
↓ $4K (5%)
● House - For Sale

659 W 116th Place

Chicago, IL 60628
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,085 Ft²
$350
Est. Monthly

About This Property

NEW PRICE. NEW OPPORTUNITY. NOW IS THE TIME TO TAKE ANOTHER LOOK! A second price reduction has repositioned 659 W 116th Place and created an opportunity that deserves another look. If this property was previously on your radar, it may be time to revisit the numbers.  This 2-bedroom, 1-bath home offers a traditional floor plan with a living room, separate formal dining room, unfinished basement, and a generously sized rear yard. The existing garage should be evaluated for repair or replacement.  There is no hiding the work required-this property needs a full renovation. But for the right buyer, that is also where the opportunity begins. Bring your contractor, your renovation plan, and your vision. With an existing footprint ready for transformation, the next owner has the flexibility to make improvements that align with their own investment strategy or renovation goals rather than paying a premium for someone else's choices.  Located in Chicago's West Pullman community, the property offers access to neighborhood shopping and services, CTA transportation, Metra's Rock Island District, I-57, parks, and other South Side conveniences.  THE PRICE HAS MOVED. WILL YOU? With a second reduction now in place, buyers who have been watching from the sidelines have a compelling reason to reconsider. Run the numbers. Take another look. Walk the property. Opportunities can look very different when the price changes-and this one just did.
Unit Size
1,085 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$66
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1926

Listed By

Tamika Marks
Tamika Marks
Trademarks & Associates

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Property Highlights

Garage
Parking Details
Has Garage
Parking Features: Detached, Garage, Yes
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Rooms: 5
Basement: Unfinished, Full
Exterior Details
Square Footage: 1085
Square Footage Source: $0
Year Built: 1924
Construction Materials: Frame
Lot Size Area: 5227.2
Lot Size Units: Square Feet
Lot Size Acres: 0.12
Lot Size Square Feet: 5227.2
Lot Size Dimensions: 34x155
Water Source: Public
Utilities Details
Cooling Type: None
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • 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: 3
  • 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: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,192
  • Total Building Area: 1,085
  • Gross Building Area: 1,085
  • Building Area: 1,085
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,085
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK SUB
  • Land Acres: 0000000119
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (SHARPSHOOTERS) PARK SUB OF PT OF SHARPSHOOTERS PARK SAID PARK BEING PT WH SW SEC 21-37-14

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 530200

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 25-21-311-004-0000
  • Lot: 108
  • Meridian: SEC 21 TWN 37N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.6827
  • Longitude: -87.6396

    Address

  • Full Address: 659 W 116th Pl
  • Address - House Number: 659
  • Street Direction: W
  • Address - Street Name: 116th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C044
  • 4-Digit Zip Code: 5241
  • Zip Code: 60628

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 72003

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 118,510
  • High Value: 145,570
  • Low Value: 91,449

    Market Valuation

  • Market Total Value: $40,000
  • Market Land Value: $20,770
  • Market Improvement Value: $19,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,000
  • Assessed Land Value: $2,077
  • Assessed Improvements Value: $1,923
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Far South Chicago


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Frequently Asked Questions

When was property at 659 West 116th Place built and last sold?
The property at 659 West 116th Place was built in 1926 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 659 West 116th Place is $77,422.
What are some comparable homes to 659 West 116th Place?
There are currently no comparable homes to 659 West 116th Place.