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Park Ridge 60068 Park Ridge
1035 N Dee Road
$549,900
● House - Off Market

1035 N Dee Road

Park Ridge, IL 60068
bedrooms
5 Beds
bathrooms
2 Baths
$3,417
Est. Monthly
6.77%
Cap Rate

About This Property

Located just a 5-minute walk to the Metra and within the sought-after Maine South High School district, this beautifully remodeled 5-bedroom, 2-bath ranch is truly move-in ready. Recent updates include a new roof, windows, flooring, and kitchen cabinetry, all showcased in a bright and open-concept floor plan. The spacious finished basement provides flexible living and entertaining space, complete with a rough-in for a future wet bar. Outdoors, enjoy a private retreat with a pergola and a built-in outdoor kitchen ideal for entertaining, plus a fully heated and cooled shedquarters behind the two-car garage-perfect for a home office, studio, or gym space.
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$717
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,205
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,111
  • Gross Building Area: 1,111
  • Building Area: 1,111
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,111
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BERRY COMPANYS PARK RIDGE
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: H ROY (BERRY)(COMPANYS) PARK (RIDGE) GARDENS SUB SH SEC 22-41-12

Neighborhood

  • School District Name: Park Ridge Consolidated Community School District 64
  • Census Tract: 805901

Geography

  • District: 22
  • Parcel: 09-22-408-044-0000
  • Lot: 121,1
  • Meridian: SEC 22 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0263
  • Longitude: -87.8549

    Address

  • Full Address: 1035 N Dee Rd
  • Address - House Number: 1035
  • Street Direction: N
  • Address - Street Name: Dee
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Park Ridge
  • Carrier Code: C052
  • 4-Digit Zip Code: 1807
  • Zip Code: 60068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $821,249
  • Tax Rate Code Area: 22031

    Appraisal Valuation

  • Standard Deviation: 0.2053
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 455,759
  • High Value: 549,335
  • Low Value: 362,184

    Market Valuation

  • Market Total Value: $350,010
  • Market Land Value: $93,670
  • Market Improvement Value: $256,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,001
  • Assessed Land Value: $9,367
  • Assessed Improvements Value: $25,634

    Sales

  • Current Sale Contract Date: Dec 12, 2013
  • Current Sale Recording Date: Feb 18, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1404926150
  • Previous Sale Recording Date: Mar 22, 2013
  • Previous Sale Contract Date: Jun 06, 2012
  • Previous Sale Document Type: 64
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Park Ridge

Stats & Trends

Median Asking:

$600,000

Sale Price/ft²

$294

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2076 ft²

Average Home Age

57.7 years

Currently For Sale

63 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 431 N Northwest Highway, Park Ridge, IL, 60068

$3,900 /mo

  • 3 Beds
  • 3 Baths
  • 2,100 ft²
431 N Northwest Highway #B, Park Ridge, IL, 60068 Listing by Srdan Sterleman

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mary Lusk, @properties Christie's International Real Estate
Data Source: MRED, MLS# MRD12455732
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. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1035 North Dee Road built and last sold?
The property at 1035 North Dee Road was built in 1959 and last sold on Dec 12, 2013 for $243,000.
How much is this home worth?
The estimated value of the home located at 1035 North Dee Road is $0.
What are some comparable homes to 1035 North Dee Road?
There are currently no comparable homes to 1035 North Dee Road.
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