1501 W 51st St, Chicago IL 60609
5,133 sqft Income/Investment| $153,900 |
Price reduced by $16,000
Description provided by Trulia.
Description provided by Realty Trac.
Listing Details
| Status | For Sale |
| Listing Type | Resale |
| MLS/Source ID | 06992342 |
| Price/sqft | $30 |
| Year built | 1916 |
| Days on Trulia | 180+ |
| ZIP code | 60609 |
| Neighborhood | Back of the Yards |
| Total views (as of 7/12/09) |
32 |
Public Records
| Street # | 1501 |
| Street | W 51st St |
| City | Chicago |
| ZIP code | 60609 |
| Baths | 3.00 |
| Year built | 1913 |
| Sqft | 5,133 sqft |
| Lot Size | 0.07 acres |
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 10/30/2008 | Price change | $153,900 | coldwellbankeronline.com |
| 08/14/2008 | Price change | $169,900 | coldwellbankeronline.com |
| 12/04/1996 | Sold | $82,000 | Public record |
Contact info
Provided by: coldwellbankeronline.com
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This property
$153,900
$153,900
Similar homes for sale
$161,300
$161,300
Recently sold homes
$189,000
$189,000
Similar homes for sale
Average listing price is $161,300
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Average sales price is $189,000
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| This home | ||
|---|---|---|
| Listing price: | $153,900 | |
| Compared to similar homes | ||
|---|---|---|
| Avg. listing price: | $161,300 | -5% |
| Avg. sales price: | $189,000 | -19% |
| Compared to Back of the Yards | ||
|---|---|---|
| Avg. listing price: | $125,537 | +23% |
| Avg. sales price: | $102,450 | +50% |
| Avg. price/sqft: | $58 | -48% |
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: | $153,900 | |
| Compared to Chicago | ||
|---|---|---|
| Avg. listing price: | $460,585 | -67% |
| Avg. sales price: | $302,073 | -49% |
| Avg. price/sqft: | $142 | -79% |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
|
Libby Elementary School
Chicago Public School District 299 |
Public | 0.26 | ||
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Fulton Elementary School
Chicago Public School District 299 |
Public | 0.41 | ||
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Hamline Branch Elementary School
Chicago Public School District 299 |
Public | 0.42 | ||
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Hamline Elementary School
Chicago Public School District 299 |
Public | 0.46 | ||
| My children attend this school and I am very upset that they are not able to attend another because of where we live. This school does pay attention to… | ||||
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Chavez Multicultural Center
Chicago Public School District 299 |
Public | 0.51 | ||
| Chavez could be a great school. It amazes me how the teachers who have the most trying job aren't bothered by the parents or students. However the staff… | ||||
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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This Income/Investment located at 1501 W 51st St, Chicago IL, 60609 is currently for sale and has been listed on Trulia for 335 days. This property is listed by coldwellbankeronline.com for $153,900. 1501 W 51st St has has approximately 5,133 square feet. The property was built in 1916. 1501 W 51st St is in the Back of the Yards neighborhood in Chicago and in ZIP Code 60609. The list price of $153,900 is 23% higher than the average list price of $125,537 for Back of the Yards real estate, 35% lower than the average list price of $237,157 for 60609 real estate, and 67% lower than the average list price of $460,585 for Chicago, IL real estate. The price for this property is 50% higher than the average sales price of $102,450 for Back of the Yards, 5% lower than the average sales price of $161,547 for 60609, and 49% lower than the average sales price of $302,073 for Chicago. The price per square foot for this property is $30, which is 48% lower than the average of $58 for Back of the Yards, 67% lower than the average of $91 for 60609 and 79% lower than the average of $142 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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