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3844 S Artesian Ave, Chicago, IL, 60632

2beds
1baths
1,689sqft
$449,000
$266price/sqft
$3,273/moest. monthly cost
$130,920/yrincome needed

About This Home

Rare opportunity near the heart of McKinley Park! Situated on two lots, this property features an existing 2-bedroom, 1-bath home and offers exceptional potential for investors, developers, or owner-occupants looking to expand. Whether you choose to renovate the current residence, add additional living space, or explore redevelopment possibilities, the oversized parcel provides endless opportunities. Located in a rapidly growing area with convenient access to parks, public transportation, shopping, restaurants, and major expressways, this is a unique chance to secure valuable land in one of Chicago's sought-after neighborhoods. Ideal for investment, new construction, or creating your dream property. Sold as-is. Don't miss this rare double-lot opportunity

Getting Around

84
WalkingVery Walkable
65
TransitGood Transit
73
BikeVery Bikeable

Schools

4/10

Construction

Condition

  • Year built: 1888

Materials

  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Crawl Space

Bedroom2

  • Level: Second
  • Area: 180
  • Dimensions: 18X10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 0
  • Total interior livable area: 1,689 sqft

Kitchen

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 120
  • Dimensions: 12X10

Living Room

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 500
  • Dimensions: 20X25

Master Bedroom

  • Level: Main
  • Area: 180
  • Dimensions: 15X12

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 16364270300000
  • Special condition: None

Features

  • Stories: 2

Lot

  • Lot size: 6,144 sqft
  • Lot size dimensions: 48X128

Parking

  • Total spaces: 2
  • Parking features: Yes,Garage Owned,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,270$27,240
Home Insurance *$226$2,712
Property Taxes $647$7,764
Electricity $130$1,569
Total$3,273$39,276
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$112,217/yr
40% on housing$98,190/yr
45% on housing$87,280/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$266This listing

vs Other Active Listings

Avg $/sqft

ZIP 60632$205
Cook County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 60632$204
Cook County$219

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2009-10-02Sold$197,000

For Sale by Agent

AgentJoey Laudando
BrokerageReal Broker, LLC

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