Stand by
USDAProperties.com is recovering from last night...

 

 

 

$110,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
316 W 116th St
Chicago, IL 60628
3 bed 2 bath 1,200 SqFt ($91/SqFt)
3,123SqFt lot. Built 1968
Listed 2024-05-15, Taxes $806
Ⓧ USDA Ineligible
due to location

near Chicago

Beautiful opportunity for a ready-to-go 3 bed

1.5 ba th investment property. Home in good condition with long-term tenant close to the 111th St. Metra Station. Rent is market price and expenses are low leaving your ROI high. Tenant has lease through 10/31/24 at $1450 per mo + they pay for water/trash reimbursement.

Management company will stay in place for you to get a true plug and play investment with a return of around 10% or manage yourself for a hgher return. This is a money making machine!


Presented by Eric Marcus, Realtor at
Keller Williams ONEChicago.
Listing Agent Photo

Property MLS #12036772 from MRED

Bedrooms: 3
Bedrooms Possible: 3
Primary Bedroom Dimensions: 13 x 13
Bedroom 2 Dimensions: 13 x 10
Bedroom 3 Dimensions: 13 x 10
Primary Bedroom Level: Second
Bedroom 2 Level: Second
Bedroom 3 Level: Second

Total Rooms: 6
Basement Features: Partial
Family Room Dimensions: 18 x 18
Living Room Dimensions: 18 x 11
Family Room Level: Basement
Living Room Level: Main
Basement Description: Finished

Total Bathrooms: 2
Full Bathrooms: 1
1/2 Bathrooms: 1

Hardwood Floors

Yes

Heating Features: Natural Gas

Kitchen Dimensions: 18 x 11
Kitchen Level: Main

Lot Size Acres: 0.0717
Lot Size Dimensions: 25X125
Lot Size Square Feet: 3123

Model: SPLIT

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School District: 299
High School District: 299

Haley Elementary Academy is a public elementary and middle school located approximately 0.2 miles away.
directions icon Map directions

Fenger Academy High School is a public high school located approximately 0.6 miles away.
directions icon Map directions

Rehoboth Educational Academy is a private elementary, middle and high school located approximately 0.6 miles away.
directions icon Map directions

Community Features: Park

Annual Tax Amount: 825.20
Source Listing Status: Active
County: Cook
Directions: SOUTH TO 116 TURN EAST AT HALSTED 5 BLKS TO ADDRESS
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential
Parcel Number: 25214010440000
Township: Hyde Park
Property Subtype: Detached Single
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$2,750 + $1,250
$4,000
$806
2020$4,309 + $1,718
$6,027
$1,345
2019$4,906 + $1,718
$6,624
$1,334
2018$4,906 + $1,718
$6,624
$1,311
2017$7,296 + $1,562
$8,858
$1,911
2016$7,296 + $1,562
$8,858
$1,778
2015$7,296 + $1,562
$8,858
$1,627
2014$5,933 + $1,406
$7,339
$1,365
2013$5,933 + $1,406
$7,339
$1,337
2012$5,933 + $1,406
$7,339
$1,319
2011$8,773 + $1,875
$10,648
$1,729
2010$8,773 + $1,875
$10,648
$1,736
2009$8,773 + $1,875
$10,648
$1,663
2007$10,206 + $2,374
$12,580
$1,788
2006$10,206 + $2,374
$12,580
$1,027

Listed 2024-05-15
$110,000
MRED
Listing removed 2016-04-19
$1,300
AppfolioUnits
Listed for rent 2016-02-05
$1,300
AppfolioUnits
Listing removed 2016-02-03
$1,300
AppfolioUnits
Listed for rent 2016-02-02
$1,300
AppfolioUnits
Sold 2015-08-27
$26,500
MRED
Price Changed 2015-06-03
$30,000
MRED
Price Changed 2015-03-17
$40,000
MRED
Listed 2015-03-13
$25,000
MRED
Sold 2013-06-03
$73,500
Public Record
Listing removed 2010-05-05
$45,000
MRED
Listed 2010-04-29
$45,000
MRED
Listing removed 2007-09-25
$149,900
MRED
Listed 2007-05-14
$149,900
MRED
Sold 2007-05-03
$140,000
Public Record

Total Square Feet Living: 1200
Year Built: 1968
Attic: Pull Down Stair
Property Age: 56
Roof: Asphalt
Architectural Style: Bi-Level

Sewer: Public Sewer
Water Source: Lake Michigan
Click Thumbnail Images To View Full Size
house_viewliving_roomunknownlaundry_roomliving_room
bedroomliving_roombedroombedroombathroom

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.