Home Worldwide Hits

The $31,000 Secret: 7 Shocking Facts About 2319 E 100th St, Chicago, IL And Its $100K+ Value Jump

• minute read
Contents

The property at 2319 E 100th St in Chicago, Illinois, is more than just a house; it’s a time capsule reflecting the intense volatility and recent resurgence of the South Deering real estate market. As of late , this 3-bedroom residence, located in the 60617 ZIP code, represents a compelling case study in Chicago's Far South Side property trends, especially when examining its dramatic ownership history and current estimated worth.

A deep dive into public records reveals a property with a fascinating past, including a sale price in 2015 that seems almost unbelievable by today’s standards. The current market context in the South Deering community suggests that this home's value has soared, making its history a point of significant interest for prospective buyers and real estate analysts alike.

Detailed Property Profile: 2319 E 100th St, Chicago, IL 60617

The single-family home at 2319 E 100th St is a classic example of the residential architecture found in the South Deering neighborhood, offering a blend of solid construction and practical space. Understanding its core specifications is the first step in assessing its true market position in .

  • Address: 2319 East 100th Street, Chicago, IL 60617.
  • Community Area: South Deering (Community Area 51).
  • Property Index Number (PIN): 25124120080000.
  • Property Type: Single-Family Home (often listed as a Townhome due to its style).
  • Bedrooms/Bathrooms: 3 Bedrooms, 1.5 Bathrooms.
  • Square Footage: Approximately 1,464 square feet.
  • Year Built: 1961 or 1963.
  • Exterior Features: Brick construction, 2 stories.
  • Parking: Detached 1-car garage.

The Shocking Sales History and Value Trajectory

The most compelling aspect of 2319 E 100th St is its tumultuous sales history, which perfectly illustrates the housing market's extremes over the last two decades. The property’s record shows a massive fluctuation in price, making it a powerful symbol of recovery in the Far South Side.

1. The 2005 Peak: Public records indicate an older sale for approximately $96,000. This price point represents the pre-recession market value, suggesting the home was a solid, middle-range investment at the time.

2. The 2015 Crash Sale: The most notable transaction occurred on June 12, 2015, when the property sold for a mere $31,000. This price is significantly below the average for a 3-bedroom home in Chicago, even for that period. This deep discount sale suggests the property was likely a distressed asset, a foreclosure, or a needed major renovation, which is common in post-recession recovery cycles.

3. The 2025 Estimated Value Surge: While the home is currently off-market, its value has skyrocketed since 2015. Real estate estimations place its current worth well over $100,000, with some estimates reaching $121,900 to $124,657. This potential $90,000+ increase from its 2015 price point is a direct reflection of the broader South Deering market recovery and the high demand for affordable housing stock in Cook County.

South Deering: A Neighborhood in Resurgence (LSI Keywords)

The value of 2319 E 100th St is intrinsically tied to the revitalization of the South Deering community. Located on Chicago's Far South Side, South Deering is the largest of the city's 77 official community areas, historically defined by its industrial heritage near Lake Calumet and the Calumet River.

The area, which includes the smaller Jeffery Manor subdivision, is shifting its identity from a purely industrial district to a community that balances residential life with vast natural and recreational amenities. This transformation is the engine driving the recent appreciation of property values like the one at 2319 E 100th St.

The 2025 Real Estate Market Context

Current market data from late paints a complex but generally positive picture for the 60617 ZIP code. While some reports show a slight dip in the median price, the overall trend is one of stability and growth compared to the last decade.

  • Median Home Price: The median sale price in South Deering hovers between $131,946 and $138,000. This figure is a crucial benchmark, suggesting that the property at 2319 E 100th St is now valued squarely within the neighborhood average.
  • Market Speed: Homes in South Deering are moving relatively quickly, with a median of 41 days on the market. This speed indicates a healthy level of buyer interest and limited inventory.
  • Buyer's Market Status: While South Deering remains competitive, the nearby South Chicago area is currently classified as a buyer's market, suggesting that buyers in the area have a degree of leverage, which helps maintain affordability.

Topical Authority: Local Amenities and Transportation Hubs

A key factor in the long-term value of any Chicago property is its access to transportation and quality-of-life amenities. The location of 2319 E 100th St offers excellent connectivity and proximity to significant natural landmarks, boosting its appeal.

Parks and Green Spaces (Natural Entities)

The South Deering area is renowned for its expansive park system, which provides residents with unique recreational opportunities:

  • Big Marsh Park: A massive 299-acre eco-recreation area on the southeast side, offering biking, hiking, and bird watching.
  • Trumbull (Lyman) Park: A large 18.04-acre facility featuring two gymnasiums, a fitness center, and a boxing center, serving as a major community hub.
  • Luella Park: A local park offering additional recreational space in the Jeffery Manor area.
  • Merrill Playground Park: Features a baseball field and outdoor basketball courts.

Major Transportation Links (Infrastructure Entities)

The neighborhood is a hub for regional travel, making it attractive for commuters:

  • Chicago Skyway Toll Bridge: The property offers excellent access to the Skyway, a vital 7.8-mile toll road connecting the Indiana Toll Road to the Dan Ryan Expressway, providing a quick route into Downtown Chicago and Northwest Indiana.
  • Drawbridge 100th St: Located nearby, this functional bridge is a local landmark and a critical piece of infrastructure for the area.
  • Major Roads: Proximity to major arteries like Stony Island Avenue and the I-90 corridor.

In summary, the story of 2319 E 100th St is a microcosm of the South Deering community's journey. From a low-point sale of $31,000 in 2015, the property has rebounded to a stable, middle-class valuation, driven by local investment, improving market conditions, and its strategic location near essential Chicago infrastructure and unique natural amenities.

The $31,000 Secret: 7 Shocking Facts About 2319 E 100th St, Chicago, IL and Its $100K+ Value Jump
2319 e 100th st chicago il
2319 e 100th st chicago il

Detail Author:

  • Name : Prof. Diamond Schinner II
  • Username : jacobi.alphonso
  • Email : missouri15@gmail.com
  • Birthdate : 1995-12-22
  • Address : 8759 Austen Rapid Apt. 896 New Dale, VA 77658-8312
  • Phone : +19527550442
  • Company : Williamson, Mraz and Hickle
  • Job : Loan Interviewer
  • Bio : Cum explicabo ipsum eius eligendi. Nisi velit vero sit omnis consequuntur quae aperiam. Laudantium est non quibusdam.

Socials

instagram:

  • url : https://instagram.com/thompsonj
  • username : thompsonj
  • bio : Enim ipsam at occaecati. Impedit repellendus placeat atque. Repudiandae eum beatae dicta unde.
  • followers : 4860
  • following : 2008

linkedin:

Random Posts