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Backup Offers

4025 W 56th St, Chicago, IL, 60629

$140,000

Home List Price

$1,663*

Closing Credit

1 Bedroom
0 Baths
1,288 SqFt
$109/SqFt
House

Location

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4025 W 56th St, Chicago$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1925
HeatingNatural Gas
CoolingCentral Air
BasementYes
WaterfrontFencing
MLS #12162444
StatusAccepting Backup Offers
(Contingent)

About 4025 W 56th St

Are you looking to get into a great neighborhood for a fraction of the cost? Look no further, this home has endless potential! This 1 bed / 1 deconstructed bath home, with a full unfinished basement, is waiting for its next owner to finish where the work was started. In the front of the home you will find a garden and grotto area, a very unique design to the neighborhood. There is an additional in-law suite / garden / art studio situated in front of the home with water, electricity, and window a/c available. The actual house has central ac/heating. The raw materials will be left with the property, but includes a beautiful stand alone soaker tub and fancy standing shower. The flooring has not been completed, but again all materials stay with the home. Because the homes only bathroom is not in working condition, this is a cash / construction loan financing / FHA 203k / Homestyle Financing / Investor Renovation Financing Loan. Schedule your showing today and ask us about the loan programs!

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 1,288 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (847) 306-6158
  • Listing Agent: Rebekah Davis

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Deck, Patio, Porch, Roof Deck

Lot Features

Lot Information:

  • Lot: Fencing

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: PULASKI S OR NORTH TO 56TH ST THEN WEST TO PROPERTY.

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000
  • Price Per SqFt: $109/SqFt

Tax Information:

  • Annual Amount: $2,289
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

4025 W 56th St vs Chicago

63 DAYS ON ROCKET

+31 Days

$140,000

-$220.3K Less

$109/SqFt

-$151 Less

KEY TAKEAWAY

This property is $220.3K less than the Median Sold Price and $151/SqFt less than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12162444

Listing Office:

  • Office Name: Compass
  • Office Phone: (847) 306-6158
  • Listing Agent: Rebekah Davis

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 8:15:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 09, 2012Home Sold
$45,000

Tax History

YEARPROP. TAXASSESSMENT
2019$2,289$14,751
2018$2,249$14,751
2017$1,685$11,152

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-151167
5
/10
  • Sandoval Elementary School

  • 5534 S Saint Louis Ave

  • 0.62 miles

  • Public District Grades KG-5

school-card-donut-151168
7
/10
  • Tonti Elementary School

  • 5815 S Homan Ave

  • 0.88 miles

  • Public District Grades PK-5

school-card-donut-151169
6
/10
  • Shields Elementary School

  • 4250 S Rockwell St

  • 2.46 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,568. The majority of Chicago, IL residents have income between $35k-100k annually. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4025 W 56th St

What is the listing price of this property?

The listing price of 4025 W 56th St property is $140,000.

What type of property is this?

The property 4025 W 56th St is a house located in Chicago, Illinois, 60629.

Is this property for sale now?

Accepting Backup Offers: 4025 W 56th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $2,289 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 9, 2012 for $45,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4025 W 56th St has 1 bedroom.

What is the square footage of this property?

The property 4025 W 56th St is 1,288 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4025 W 56th St is 1925.

Rocket Homes›Illinois›Cook County›Chicago›60629›4025 W 56th St

This home is located at 4025 W 56th St in Chicago, IL and zip code 60629 in the Southwest Side neighborhood. This 1,288 square foot home was built in 1925. Features: 1 bedroom. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $140,000.

While more than 539 listings in Chicago, IL in October 2024 were sold above asking price, there were more than 337 listings sold at asking price, and more than 919 were sold below. The number of homes for sale in Chicago, IL increased by 14.5% between September 2024 and October 2024. The median list price of listings available in October 2024 was $360,336, while the average time on the real estate market was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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