keepup
4855 W School St
Score
61
Chicago, IL

4855 W School St

575K
3 bd • 3 ba • 1,945 sf

Educational Use Only — NOT professional advice. See terms

Property Overview

List Price
$575,000
Price/Sq.Ft
$296

Price Analysis

How the list price compares to AI estimate

21.9% above

List Price

$575,000

$457k
$472k
AI Estimated Range
$575,000
-20% Below+20% Above

AI estimates this property's value between $456,555 - $471,555 based on comparable sales and condition (Confidence: 55%). Educational analysis only, not a professional appraisal or valuation.

Market Data Points

3 data points for educational exploration

*Educational market data analysis only. Consult licensed real estate professionals for negotiation strategies and market advice.*

Offer Analysis

AI-generated starting point for educational purposes

Data Coverage: High

AI Suggested Starting Point

$463,792

Lands near the middle of recent sale outcomes observed between $456,555 and $471,555.

How This Was Calculated

The offer incorporates the $700 condition adjustment for the unfinished stairs and a $7,063 reduction for low competition, positioning the bid in the lower portion of the educational range. The property's extended DOM and modest price‑per‑sqft premium further justify a price below the midpoint, while still reflecting the recent renovations that add value.

Quantitative drivers

  • Low buyer competition-$7,063

    0.0 average offers per listing.

  • Condition repairs-$700

    Visible repairs estimated at $700.

AI-generated educational analysis. Not professional advice, an appraisal, or a recommended offer. Consult licensed agents and attorneys for negotiation strategies.

AI Analysis Score
61
82
Home Condition
85
Natural Light
60
Market Data
40
Location

*AI scoring for educational purposes only. Scores are subjective and not professional evaluations. Consult licensed professionals for property assessments.*

Visual Insights

AI-analyzed spaces with reimagining capabilities

Unfinished Exterior Stairs
Unfinished Exterior Stairs

Unfinished Exterior Stairs

The exterior stairs leading to the front door are made of unfinished wood, which is susceptible to weather damage and detracts from the curb appeal.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

No required renovations identified

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$575,000
-30%List: $575,000+30%
20%
$115,000of $575,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $1,000/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$153,562
Closing Costs
+$38,562
Down Payment
$115,000
Buyer Agent Fee
$14,662
Loan Fees
$4,600
Title & Escrow
$3,450
Inspections
$900
Transfer Tax
$6,325
Prepaid Expenses
$8,625

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Historical market data is not available

Climate Risks

Assessment of climate-related hazards for this property

Low Climate Risk

This property has minimal climate-related risks

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Educational Tour Ideas

Educational suggestions for property tours

Check the grading around the foundation to ensure water flows away from the house.

Inspect the attic for proper ventilation, insulation, and signs of leaks or mold.

Inspect the electrical panel for proper labeling, adequate amperage, and any signs of corrosion or damage.

Check the basement (if applicable) for signs of water damage, cracks in the foundation, or musty odors.

Inspect the roof from the ground for missing shingles, damaged flashing, or sagging areas.

Smell for any unusual odors (mold, mildew, gas) throughout the house.

Educational Questions

Sample questions for educational purposes

Can you provide documentation for the recent renovations, including permits and warranties for the new siding and windows?

Were there any known issues discovered during the renovation process, such as hidden water damage or structural problems?

Are there any known issues with the plumbing, electrical, or HVAC systems?

Has a professional inspection been done recently, and if so, can we review the report?

Educational suggestions only. Consult licensed real estate professionals, home inspectors, and your agent for professional guidance on property tours and inspections.

Property Discussion

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