$625,000
●
House -
Off Market
718 E Pershing Road
Chicago, IL 60653
3 Beds
4 Baths,
1
Half Bath
2,972 Ft²
$625,477
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Don't Miss This Gorgeous upgraded Row Home Featuring 5 Bedrooms and
3.1 Baths! Compare to New and save over 100K This Like New Home is
Move in Ready and has amenities that will WOW you included a
Beautiful backyard and deck to enjoy for entertaining including an
outdoor movie screen! Inside you will love the updated kitchen with
Quartz waterfall countertops and all Newer Stainless High end
Appliances. Main level is all Hardwood Floors and Gas Fireplace,
Built in Surround Sound and huge 1/2 bath off kitchen. Check out
this Fabulous Master Bathroom with Walk in Shower and Soaking tub
Amazing!! Huge Bedrooms and plenty of Closet space and storage.
Head to the fully finished basement with Theater room, Custom Ice
Machine and Beverage cooler if that wasn't enough check out the
built in wine cellar!! Movie Chairs available with home purchase.
Also 2 large bedrooms and a full custom bath! Outdoor Custom Deck
with all outdoor furniture available for purchase with home! Plus a
2 car garage. This is a MUST SEE Compare to the rest and then come
see the best you will not be disappointed!
Unit Size
2,972 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$212
Property Type
House
Property Taxes
$672
HOA Dues
$350
Year Built
2008
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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 #11807734)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2023 | Sold | ||
| Sold | |||
| Jun 14, 2023 | Listed by Compass | $629,000 | |
| Listed by Compass | |||
| Mar 9, 2020 | No longer available | - | |
| No longer available | |||
| Jan 11, 2020 | No longer available | - | |
| No longer available | |||
| Dec 9, 2019 | Listed | $389,900 | |
| Listed | |||
| | |||
|
UPDATE: Under Contract! Bright, lovely townhome ideally situated in Bronzeville just mins away from the Lake, Mandrake Park & Marianos! Enter into a large 16'x22' living room w/ rich cherry hardwood flrs awash in natural light thru HUGE windows. On crisp Fall evenings, cozy up to the family room fireplace next to the SS kitchen w/ breakfast bar+pantry. A spacious, enclosed back yard w/ patio offers plenty of room for kids, pets & parties! On the 2nd level, you'll enjoy an XLRG Master suite w/ walk-in-closets + ensuite w/ dbl vanity+sep shower. Be close to the kids w/ 2 more LRG bedrooms just down the hall that are also perfect for overnight guests or that home office/studio. An unfinished basement offers loads of potential for more equity & living space w/ laundry connects. Nest thermostat, 2nd flr 8'x6' laundry room with W/D & 2 car garage incl. "Opportunities don't happen. You create them." [Chris Grosser] #seizeopportunity #buildequity
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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About South Side
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Currently no similar homes aroundNearby Rentals
Listed by: Michael Giliano, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11807734
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11807734
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