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Chicago 60619 Park Manor
7441 S Champlain Avenue
$10,000
● Land - Off Market

7441 S Champlain Avenue

Chicago, IL 60619
bedrooms
Studio
bathrooms
0 Bath
$110
Est. Monthly
71.12%
Cap Rate
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$36
HOA Dues
-
Year Built
1881

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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: 1881
  • Effective Year Built: 1881
  • Bedroom Count: 2
  • Full Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 831
  • Gross Building Area: 831
  • Building Area: 831
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 831
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: CORNELL NORTON & SIMONS
  • Land Acres: 0000000720
  • Standard Land Use Code: 8000
  • County Land Use Code: 1-00
  • Legal Description 1: (CORNELL) (NORTON) & (SIMONS) SUB OF SW OF BLK2 & OF NH&SE OF BLK3 IN BROOKLINE SUB IN NE SEC 27-38-14

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 690900

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-27-229-015-0000
  • Block: 2,3
  • Lot: 20
  • Meridian: SEC 27 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.7591
  • Longitude: -87.6087

    Address

  • Full Address: 7441 S Champlain Ave
  • Address - House Number: 7441
  • Street Direction: S
  • Address - Street Name: Champlain
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C039
  • 4-Digit Zip Code: 1805
  • Zip Code: 60619

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $80,340
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 70001

    Market Valuation

  • Market Total Value: $39,060
  • Market Land Value: $39,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,906
  • Assessed Land Value: $3,906

    Sales

  • Current Sale Contract Date: Oct 17, 2014
  • Current Sale Recording Date: Jan 12, 2015
  • Current Sale Document Type: 17
  • Current Sale Input Document Number: 1501244096
  • Previous Sale Recording Date: Dec 11, 2002
  • Previous Sale Contract Date: Oct 22, 2002
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: 27
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 South Side

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1142 ft²

Average Home Age

91.9 years

Currently For Sale

712 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

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MRED

Listed by: Angelica Zaper, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD12057386
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 7441 South Champlain Avenue built and last sold?
The property at 7441 South Champlain Avenue was built in 1881 and last sold on Oct 17, 2014 for $0.
How much is this home worth?
The estimated value of the home located at 7441 South Champlain Avenue is $0.
What are some comparable homes to 7441 South Champlain Avenue?
There are currently no comparable homes to 7441 South Champlain Avenue.
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