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Chicago 60609 Back of the Yards
835 W 53rd Place
$155,000
● House - Off Market

835 W 53rd Place

Chicago, IL 60609
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$165,323
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Updated and spacious 3BR/1BA raised ranch on fenced lot. Roof and siding 5 years old, windows replaced 10-15 years ago. 2-car attached garage, inviting front porch and backyard deck perfect for entertaining and relaxing. Step inside this updated home to find wood laminate flooring, an open floor plan, and neutral decor sure to please. Huge and welcoming living room with built-ins, separate formal dining room. Spacious eat-in kitchen with center island. 3 generous bedrooms and full hall bath. Full lower level with exterior access provides tons of possibilities. Great home for the money - this one is a MUST SEE!
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$145
Property Type
House
Property Taxes
$107
HOA Dues
-
Year Built
1895

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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 #11450857)

Price History

Date / Event Date Event Price
Aug 17, 2022 Sold
Premium
Sold
Jun 30, 2022 Listed by RE/MAX All Pro - St Charles $159,900
Listed by RE/MAX All Pro - St Charles

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1895
  • 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: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,950
  • Total Building Area: 1,100
  • Gross Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HICKLINGDALE ADD TO CHICAGO
  • Land Acres: 0000000068
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (HICKLINGDALE) ADD TO (CHICAGO) BEING SUB OF N 10 ACS OF S 34 ACS OF EH SE SEC 08-38-14

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 612100

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 013-113-03
  • District: 72
  • Parcel: 20-08-422-015-0000
  • Block: 4
  • Lot: 14
  • Meridian: SEC 08 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.7967
  • Longitude: -87.6467

    Address

  • Full Address: 835 W 53rd Pl
  • Address - House Number: 835
  • Street Direction: W
  • Address - Street Name: 53rd
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C024
  • 4-Digit Zip Code: 6103
  • Zip Code: 60609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $82,253
  • Tax Rate Code Area: 72102

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 279,999
  • High Value: 351,544
  • Low Value: 208,453

    Market Valuation

  • Market Total Value: $40,010
  • Market Land Value: $19,180
  • Market Improvement Value: $20,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,001
  • Assessed Land Value: $1,918
  • Assessed Improvements Value: $2,083

    Sales

  • Current Sale Contract Date: Aug 03, 2022
  • Current Sale Recording Date: Aug 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20048
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 Southwest Side

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1041 ft²

Average Home Age

86.5 years

Currently For Sale

267 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 5824 S Michigan Avenue, Chicago, IL, 60637

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,550 ft²
5824 S Michigan Avenue #2, Chicago, IL, 60637 Listing by Sparkle Wilson
Unit for rent at 5826 S Michigan Avenue, Chicago, IL, 60637

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,550 ft²
5826 S Michigan Avenue #3, Chicago, IL, 60637 Listing by Sparkle Wilson
Unit for rent at 5157 S Wabash Avenue, Chicago, IL, 60615

$2,650 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
5157 S Wabash Avenue #2, Chicago, IL, 60615 Listing by Naja Morris

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Matthew Kombrink, RE/MAX All Pro - St Charles
Last Updated: 3 years ago
Data Source: MRED, MLS# 11450857
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 835 West 53rd Place built and last sold?
The property at 835 West 53rd Place was built in 1895 and last sold on Aug 3, 2022 for $155,000.
How much is this home worth?
The estimated value of the home located at 835 West 53rd Place is $167,768.
What are some comparable homes to 835 West 53rd Place?
There are currently no comparable homes to 835 West 53rd Place.
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