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Buffalo Grove 60089
1056 Greenridge Road
$270,000
● House - Off Market

1056 Greenridge Road

BUFFALO GROVE, IL 60089
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,315 Ft²
$551,509
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

Well maintained 2 sty home on quiet tree lined street for a great price!!  Features newer carpeting, updated powder room, newer siding & concrete driveway, brick walkway, updated master bath, bay window in kitchen, hardwood floor in 2nd, 3rd and 4th bedrooms which are all good size, vaulted living & dining rooms, 6 panel doors, plus a concrete patio, nice size yard lined with tall bushes for privacy
Unit Size
2,315 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$122
Property Type
House
Property Taxes
$581
HOA Dues
-
Year Built
1972

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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.

Last updated: 3 years ago (MRED MLS #08403690)

Price History

Date / Event Date Event Price
Oct 24, 2013 Sold
Premium
Sold
Jul 25, 2013 Listed by Century 21 New Heritage - Hampshire $282,900
Listed by Century 21 New Heritage - Hampshire

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,681
  • Total Building Area: 2,315
  • Gross Building Area: 2,315
  • Building Area: 2,315
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,315
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MILL CREEK
  • Land Acres: 0000000176
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: PART N2 S08 T42N R11E 3P

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 803007

Geography

  • District: 38
  • Parcel: 03-08-203-027-0000
  • Lot: 60
  • Meridian: SEC 08 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1361
  • Longitude: -87.9746

    Address

  • Full Address: 1056 Greenridge Rd
  • Address - House Number: 1056
  • Address - Street Name: Greenridge
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Buffalo Grove
  • Carrier Code: C028
  • 4-Digit Zip Code: 4120
  • Zip Code: 60089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $972,388
  • Tax Rate Code Area: 38077

    Appraisal Valuation

  • Standard Deviation: 0.2171
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 489,025
  • High Value: 595,203
  • Low Value: 382,847

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $69,130
  • Market Improvement Value: $280,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $6,913
  • Assessed Improvements Value: $28,087

    Sales

  • Current Sale Contract Date: May 20, 2018
  • Current Sale Recording Date: Jun 04, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1815541052
  • Previous Sale Recording Date: Oct 28, 2013
  • Previous Sale Contract Date: Oct 21, 2013
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Buffalo Grove

Stats & Trends

Median Asking:

$446,500

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1983 ft²

Average Home Age

41.9 years

Currently For Sale

85 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 250 Mchenry Road, IL, 60089

$4,088 /mo

  • 3 Beds
  • 2 Baths
  • 1,700 ft²
250 Mchenry Road #C1, IL, 60089 Listing by Sherry Mustafov
Unit for rent at 750 Dunhill Drive, Buffalo Grove, IL, 60089

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,518 ft²
750 Dunhill Drive, Buffalo Grove, IL, 60089 Listing by Vijay Ghuge

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sara Mitchell, Century 21 New Heritage - Hampshire
Last Updated: 3 years ago
Data Source: MRED, MLS# 08403690
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 1056 Greenridge Road built and last sold?
The property at 1056 Greenridge Road was built in 1972 and last sold on May 20, 2018 for $375,000.
How much is this home worth?
The estimated value of the home located at 1056 Greenridge Road is $0.
What are some comparable homes to 1056 Greenridge Road?
There are currently no comparable homes to 1056 Greenridge Road.
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