5510 W Rice Street
Chicago, IL 60651
- 5 beds
- 3 baths
- 6,250 sqft
- 6,229 sqft lot
- $28 per sqft
- 1895 build
- – on site
LOWEST HOME ON THE BLOCK IS NOW AVAILABLE FOR YOU! This well maintained home has 5 bedrooms, 2 and a half bathrooms, a large kitchen, and ample backyard space. This beautiful home does need TLC and would be perfect for traditional rehab loans as well as investors! After repair value in this neighborhood is estimated at around $300,000. This home provides residents to walk in with equity or investors to make a SERIOUS profit! Due to it being under priced owner will not make repairs, give credits, and buyer will have to pay the very small transfer taxes.
Last checked:
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Last updated Aug 2, 2021
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MLS# 11165256 —
Amenities & Taxes
The Building
- Year Built:
- 1895
- Rebuilt:
- No
- New Construction:
- false
- Basement:
- Full
- Disability Access:
- No
- Living Area Source:
- Appraiser
Interior
- Rooms Total:
- 8
- Room Type:
- Bedroom 5
- Living Area:
- 6250
- Laundry:
- Not Applicable
Location
- Directions:
- Follow I-94 W and I-290 W to W Flournoy St in Chicago. Take exit 23B from I-290 W, Use the right 2 lanes to take exit 51H for I-290 W, Take exit 23B toward Central Ave/5600 W, Take S Central Ave to W Rice St
- Location:
- 15243
- Location:
- 12664
The Property
- Parcel Number:
- 16043240180000
- Property Type:
- Residential
- Lot Size Dimensions:
- 6250
- Lot Size Acres:
- 0.143
- Waterfront:
- false
Listing Agent
- Contact info:
- Agent phone:
- (708) 692-9251
- Office phone:
- (773) 863-0704
Taxes
- Tax Year:
- 2019
- Tax Annual Amount:
- 1760.83
Beds
- Bedrooms Total:
- 5
- Bedrooms Possible:
- 5
Baths
- Bathrooms:
- 3
- Bathrooms Full:
- 2
- Bathrooms Half:
- 1
The Listing
- Special Listing Conditions:
- None
Heating & Cooling
- Cooling:
- 2 (Window/Wall Unit)
- Heating:
- Natural Gas
Utilities
- Sewer:
- Public Sewer
- Water Source:
- Public
Schools
- Elementary School District:
- 299
- Middle Or Junior School District:
- 299
- High School District:
- 299
The Community
- Association Fee Includes:
- None
- Association Fee Frequency:
- Not Applicable
- Master Assoc Fee Frequency:
- Not Required
Parking
- Parking Total:
- 1
- Parking Onsite:
- Yes
- Parking Ownership:
- Owned
Schools
| Rating | Details | |
|---|---|---|
Milton Brunson Math And Science Specialty Elementary School
|
||
Douglass Academy High School
|
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.
The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org
Monthly cost estimate
Asking price
$175,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$606
|
| Taxes | $146 |
| Insurance | $48 |
| Utilities | $353 See report |
| Total | $1,153/mo.* |
| *This is an estimate |
Flood Risk
Flood Factor® provides comprehensive flood risk information from rain, rivers, tides and storm surge and incorporates how future flood risk is changing over time because of a changing environment.
Flood Factor is a 1-10 scoring, from minimal to extreme, that tells you a property’s potential risk of flooding at least once over the life of a 30 year mortgage.
Flood risk data is provided by Flood Factor®, a product of First Street Foundation®. The Flood Factor model is designed to approximate flood risk and not intended to include all possible risks of flood.
- FEMA Zone (est.):
This property has minimal flood risk
This property has a . Although flood risks across the country are changing because of the environment, this property is unlikely to flood over the next 30 years.
Provided by Flood Factor®
Flood Insurance
Recommended: MassiveCert estimates that this property is in FEMA Zone X, which means that flood insurance is recommended, but not required.
WalkScore®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/2/21
Aug 2, 2021
|
Pending | MRED | $175,000 | |
|
7/22/21
Jul 22, 2021
|
Listed / Active | MRED | $175,000 | |
|
6/24/21
Jun 24, 2021
|
Price Changed | MRED |
52% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $14k above asking price on average, but some went as high as $50k over asking price.