2918 78thChicago, IL 60649

  • Residential income homes
  • 3,569 SF
Off market
$690,000 Estimated

Property Details for 2918 78th

Year built
1924
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.07 AC
Property size (Sq ft)
3,569 SF
Property type
Residential income homes
Property subtype
Small apartment buildings
APN
21-30-410-030
APU
2130410030

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,422,249
    6.5%
    $1,312,845
    7%
    $1,219,070
  • Comparable approach

    Method
    Valuation
    Relative Method
    $720,536
    Geo Method
    $720,536
  • Alternative Use

    Use
    Valuation
    Residential
    $1,312,845
    Hospitality
    $1,202,559
    Educational
    $1,000,515
    Medical
    $1,034,924
    Retail
    $1,556,357

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.753
Longitude
-87.5525
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,025
$3,750
$12,250
$16,000
-
$37,500
$122,500
$160,000

FAQs

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