Ranch home in Chicago, IL
This 1,460-square-foot Ranch home in Chicago, IL includes 4 bedrooms and 1.5 bathrooms. The Ranch styling carries through the home's design.
| Price | $280,000 |
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| Beds | 4 |
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| Baths | 1.5 |
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| Sqft | 1460 |
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| Architectural style | Ranch (57% match) |
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| Address | 139 W 83rd St, Chicago, IL 60620 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced below comparable homes.
- At $280K, this home is 38% below the $450K median for 312 similar Ranch homes in Chicago, IL.
- That works out to $192 per square foot, 37% below the $307 comparable rate.
- New to market (5 days), so expect competition.
| This home | $280,000 |
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| Ranch median in Chicago, IL | $450,000 (312 homes) |
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| Price per sq ft | $192 vs. $307 comps median |
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It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,123/month with 20% down at a 7.28% 30-year fixed rate. You would need about $90,984 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,533/mo |
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| Property tax (new-buyer reassessed rate) | $485/mo |
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| Homeowners insurance | $105/mo |
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| Total monthly | $2,123/mo |
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| Down payment (20%) | $56,000 |
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| Income needed | $90,984/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (56 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C (56/100) |
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| Beats renting in | 6% of modeled paths |
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| Modeled 5-yr equity (median) | $121,275 |
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| Range (10th to 90th pct) | $67,261 to $183,365 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Chicago, IL where local data is thin.
Local home values
Typical home values in Chicago, IL have risen about 27% over the past 5 years (+5% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia