11656 S Wallace St, Chicago IL 60628
2 br 1 ba 880 sqft Single-Family Home| $56,000 |
Price reduced by $14,000
Description provided by Trulia.
Description provided by Realty Trac.
Listing Details
| Status | For Sale |
| Listing Type | Resale |
| MLS/Source ID | 06956351 |
| Price/sqft | $64 |
| Total views (as of 7/11/09) |
15 |
| Full bathrooms | 1 |
| Year built | 1922 |
| Days on Trulia | 180+ |
| ZIP code | 60628 |
| Neighborhood | West Pullman |
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 02/20/2009 | Price change | $56,000 | charlesrutenbergre.com |
| 07/14/2008 | Price change | $70,000 | charlesrutenbergre.com |
Contact info
Ponttee Dodds
Provided by: charlesrutenbergre.com
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| This home | ||
|---|---|---|
| Listing price: | $56,000 | |
| Compared to similar homes | ||
|---|---|---|
| Avg. listing price: | $57,877 | -3% |
| Avg. sales price: | $46,500 | +20% |
| Compared to West Pullman | ||
|---|---|---|
| Avg. listing price: | $110,087 | -49% |
| Avg. sales price: | $53,784 | +4% |
| Avg. price/sqft: | $47 | +36% |
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
| This home | ||
|---|---|---|
| Listing price: | $56,000 | |
| Compared to Chicago | ||
|---|---|---|
| Avg. listing price: | $463,831 | -88% |
| Avg. sales price: | $277,543 | -80% |
| Avg. price/sqft: | $121 | -47% |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
|
West Pullman Elementary School
Chicago Public School District 299 |
Public | 0.35 | ||
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Alex Haley Academy
Chicago Public School District 299 |
Public | 0.37 | ||
| Haley's faculty and staff really care about the children, and are supportive of families. I lived in the community for 6 years, and am very familiar with… | ||||
|
Higgins Community Academy
Chicago Public School District 299 |
Public | 0.52 | ||
|
Songhai Learning Institute
Chicago Public School District 299 |
Public | 0.62 | ||
|
Curtis Elementary School
Chicago Public School District 299 |
Public | 0.81 | ||
View all schools in:
Chicago Public School District 299
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
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Open house times for:11656 S Wallace St, Chicago IL 60628 |
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Recent Q&A in West Pullman, Chicago, IL
| Communities near 11656 S Wallace St, Chicago | ||||||||||||||
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This Single-Family Home located at 11656 S Wallace St, Chicago IL, 60628 is currently for sale and has been listed on Trulia for 364 days. This property is listed by charlesrutenbergre.com for $56,000. 11656 S Wallace St has has 2 beds, 1 bath, and approximately 880 square feet. The property was built in 1922. 11656 S Wallace St is in the West Pullman neighborhood in Chicago and in ZIP Code 60628. The list price of $56,000 is 49% lower than the average list price of $110,087 for West Pullman real estate, 51% lower than the average list price of $114,438 for 60628 real estate, and 88% lower than the average list price of $463,831 for Chicago, IL real estate. The price for this property is 4% higher than the average sales price of $53,784 for West Pullman, 1% higher than the average sales price of $55,209 for 60628, and 80% lower than the average sales price of $277,543 for Chicago. The price per square foot for this property is $64, which is 35% higher than the average of $47 for West Pullman, 33% higher than the average of $48 for 60628 and 47% lower than the average of $121 for Chicago.
School information provided by OnBoard Informatics Copyright (c) 2008. Information is deemed reliable but not guaranteed.
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Pre-Foreclosure (Notice of Default or Lis Pendens)
The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Auction (Notice of Trustee Sale or Notice of Foreclosure Sale) If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Bank-owned (Real Estate Owned) If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. |
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Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms). Home buyers should note that property value estimates are affected by many factors and should only be used as a guide. Factors affecting home values include things like:
For further advice when evaluating a home, contact a local real estate professional. |
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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