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Berkeley 60163
1102 Arthur Avenue
$250,000
● House - Off Market

1102 Arthur Avenue

Berkeley, IL 60163
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,516 Ft²
$245,411
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Beautifully maintained and updated brick home with fantastic family room with fireplace overlooking back yard.  Living Room is flooded with light from large newer windows.  Cozy eat-in Kitchen with openings to Living Room and Family Room.  Expansive Family Room with wood-burning fiireplace and gas start perfect for gathering a crowd or enjoying peaceful moments.  Two Bedrooms, full Bathroom, and Laundry/utillity Room.  Two car Garage with fenced-in yard.  Steps to Berkeley train stop or short drive to expressways for easy commuting.  Newer roof, furnace, AC and windows.  This is a must-see!
Unit Size
1,516 Ft²
Days on Market
-
Land Size
-
Price per sqft
$162
Property Type
House
Property Taxes
$548
HOA Dues
-
Year Built
1958

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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 #11757034)

Price History

Date / Event Date Event Price
Jun 2, 2023 Sold
Premium
Sold
Apr 12, 2023 Listed by Coldwell Banker Realty $245,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • 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: 6,700
  • Total Building Area: 1,516
  • Gross Building Area: 1,516
  • Building Area: 1,516
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,516
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: H O STONE & COMPANYS BER ELM
  • Land Acres: 0000000154
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Proviso Township High School District 209
  • Census Tract: 816800

Geography

  • District: 31
  • Parcel: 15-06-305-026-0000
  • Block: 12
  • Lot: 7
  • Meridian: SEC 06 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8944
  • Longitude: -87.9159

    Address

  • Full Address: 1102 Arthur Ave
  • Address - House Number: 1102
  • Address - Street Name: Arthur
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Berkeley
  • Carrier Code: C031
  • 4-Digit Zip Code: 1003
  • Zip Code: 60163

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $655,493
  • Tax Rate Code Area: 31026

    Appraisal Valuation

  • Standard Deviation: 0.2524
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 285,464
  • High Value: 357,526
  • Low Value: 213,402

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $36,850
  • Market Improvement Value: $193,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $3,685
  • Assessed Improvements Value: $19,315

    Sales

  • Current Sale Contract Date: May 16, 2023
  • Current Sale Recording Date: May 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 4
  • Current Sale Input Document Number: 33120
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 Berkeley

Stats & Trends

Median Asking:

$327,000

Sale Price/ft²

$248

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1166 ft²

Average Home Age

71.4 years

Currently For Sale

8 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 283 W North Avenue, Elmhurst, IL, 60126

$1,750 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
283 W North Avenue #2, Elmhurst, IL, 60126 Listing by Jurgita Bagdonaite

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Douglas Hanscom, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11757034
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 1102 Arthur Avenue built and last sold?
The property at 1102 Arthur Avenue was built in 1958 and last sold on May 16, 2023 for $250,000.
How much is this home worth?
The estimated value of the home located at 1102 Arthur Avenue is $0.
What are some comparable homes to 1102 Arthur Avenue?
There are currently no comparable homes to 1102 Arthur Avenue.
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