2738 N Meade Ave Chicago, IL 60639

4 beds · 2 baths · 1,651 sq ft · Lot Size: 6,200 sq ft · Single Family Home · Belmont Cragin
Est. Property Value: $263,657
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2738 N Meade Ave is in the Belmont Cragin neighborhood of Chicago, IL. It is located in Cook County and ZIP code 60639. This Single Family Home was built in 1918 and is approximately 107 years old. The single family home spans 1651 sq ft with 4 bedrooms and 2 bathrooms and sits on a 6200 sq ft lot. According to public records, it was sold for $104,000 and has a tax-assessed value of $249,840, which is $160 per sq ft. The Belmont Cragin area of Chicago has 1288 residential homes with an average size of 1623 sq ft. Analyze and compare real estate investment strategies for properties like this home at 2738 N Meade Ave Chicago, IL 60639 with Property Intel by Whitepages.

2738 N Meade Ave

Chicago, IL 60639

Neighborhood

Owners & Occupancy for 2738 N Meade Ave

No contact information is available.

Occupancy

Resident 1***********************
Resident 2*****************
Resident 3***********
Resident 4************

Property Financials for 2738 N Meade Ave

2738 N Meade Ave, Chicago, IL has no known mortgage. The Cook county assessment for 2022 values it at $249,840, with annual taxes of $3,875.

Property Tax

Property Tax Amount$3,875 in 2022
Purchase Price$104,000
Assessed Value$249,840 on 2022

Investment Potential for 2738 N Meade Ave

The property has a current estimated value of $263,657, which is 5% below the neighborhood median, based on public records. It last sold for $104,000. Projected long-term
is $29,400 annually ($2,450 per month) with a 90% occupancy rate.

Discover more Single Family Homes in Belmont Cragin.

Long-Term

Gross Rental
$29,400 per year($2,450 per month)
Net Operating Income
Cap Rate
Occupancy Rate
90%in 60639 zip code
 
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Property Details for 2738 N Meade Ave

Property Details

Property Sq Ft

Living Area

1,651 sq ft

2% above market

Lot Size

6,200 sq ft

65% above market

Price Per Sq Ft

Living Area

$160 / sq ft

5% below market

Lot Size Area

$43 / sq ft

40% below market

Property condition, age, exterior, etc. for 2738 N Mea…
Longitude: -87.778724 Latitude: 41.930416 Parcel Number (APN): 13-29-305-013-0000…

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Discover more single family homes near 2738 N Meade Ave in Chicago, Illinois. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 2738 N Meade Ave in Cook County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$263,657
$386,866
-$123,209 (-32%)
YoY Price Change
Year Built
1918
1972
-54 years
Living Space
1,651 sq ft
2,324 sq ft
-673 (-29%)
$ Per Living Sq Ft
$160
$164
-$5 (-3%)
Lot Size
6,200 sq ft
9,803 sq ft
-3603 (-37%)
$ Per Lot Sq Ft
$43
$38
$4 (11%)

Net Operating Income
$19,149
$514 (3%)
Annual Revenue
$29,400
$36,000
-$6,600 (-18%)
$16,709
-$6,972 (-42%)
Net Operating Income
$19,149
$514 (3%)
Cap Rate
5.01%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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