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Chicago 60652 Ashburn
7705 S Spaulding Avenue
$265,000
● House - Off Market

7705 S Spaulding Avenue

Chicago, IL 60652
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,045 Ft²
$1,479
Est. Monthly
8.88%
Cap Rate

About This Property

Gorgeous Raised Ranch has a huge yard and it is located on a nice block. This recently updated home features three bedrooms, large eat in kitchen, appliances, newer HVAC, beautiful hardwood floors, extra clean full basement and a two car garage. Shopping, transportation and schools are nearby. Low taxes and this home is priced to sell!! Lot/room sizes estimated.
Unit Size
1,045 Ft²
Days on Market
-
Land Size
-
Price per sqft
$239
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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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

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,780
  • Total Building Area: 1,045
  • Gross Building Area: 1,045
  • Building Area: 1,045
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,045
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MILLERS 79TH ST & KEDZIE
  • Land Acres: 0000000087
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (MILLERS)(79TH) ST & (KEDZIE) AVE MANOR SUB OF SE SE SEC 26-38-13

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 700100

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 19-26-412-002-0000
  • Block: 7
  • Lot: 21
  • Meridian: SEC 26 TWN 38N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7532
  • Longitude: -87.7047

    Address

  • Full Address: 7705 S Spaulding Ave
  • Address - House Number: 7705
  • Street Direction: S
  • Address - Street Name: Spaulding
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C023
  • 4-Digit Zip Code: 1920
  • Zip Code: 60652

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $301,586
  • Tax Rate Code Area: 72014

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 261,252
  • High Value: 320,907
  • Low Value: 201,598

    Market Valuation

  • Market Total Value: $180,000
  • Market Land Value: $30,240
  • Market Improvement Value: $149,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,000
  • Assessed Land Value: $3,024
  • Assessed Improvements Value: $14,976

    Sales

  • Current Sale Contract Date: Oct 16, 2017
  • Current Sale Recording Date: Oct 27, 2017
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 1730019058
  • Previous Sale Recording Date: May 31, 1995
  • Previous Sale Contract Date: May 22, 1995
  • Previous Sale Amount: $76,000
  • Previous Sale Document Type: 55
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 Ashburn

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$226

Above Asking

0.00%

Average Days on Market

44

Average Home Size

1232 ft²

Average Home Age

69.9 years

Currently For Sale

14 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 6848 S Keeler Avenue, Chicago, IL, 60629

$2,200 /mo

  • 3 Beds
  • 1 Bath
6848 S Keeler Avenue, Chicago, IL, 60629 Listing by Oscar Campos

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Gary Weglarz, Applebrook Realty, Inc.
Data Source: MRED, MLS# MRD12083907
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 7705 South Spaulding Avenue built and last sold?
The property at 7705 South Spaulding Avenue was built in 1958 and last sold on Oct 16, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 7705 South Spaulding Avenue is $0.
What are some comparable homes to 7705 South Spaulding Avenue?
There are currently no comparable homes to 7705 South Spaulding Avenue.
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