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Deerfield 60015
1122 Central Avenue
$407,500
● House - Off Market

1122 Central Avenue

Deerfield, IL 60015
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,039 Ft²
$2,708
Est. Monthly
5.58%
Cap Rate

About This Property

DEERFIELD RANCH HOME WITH CLOSE PROXIMITY TO TOWN! 2 BEDROOMS ON THE MAIN FLOOR PLUS 2 MORE BEDROOMS IN THE BASEMENT. 2 FULL BATHROOMS. HARDWOOD FLOORS ON THE ENTIRE MAIN LEVEL. INVITING DINING ROOM AND LIVING ROOM WITH LARGE PICTURE WINDOW LOOKING OUT TOWARDS THE NEW FRONT PORCH. UPDATED OPEN KITCHEN WITH MAPLE CABINETS, CORIAN COUNTERTOPS AND STAINLESS STEEL APPLIANCES. BAR OVERHANG WITH ROOM FOR BARSTOOLS. LARGE LAUNDRY ROOM WITH A COMPLETELY SEPARATE STORAGE ROOM IN THE BASEMENT. 2 CAR DETACHED GARAGE WITH PLENTY OF EXTRA STORAGE SPACE. RECENT UPDATES INCLUDE NEW ROOF IN 2023, PORCH/PATIO 2022, AND REFRIGERATOR 2021, . PRIVATE YARD WITH LOTS OF MATURE TREES. CLOSE TO DOWNTOWN DEERFIELD---RESTAURANTS, SHOPPING, METRA, PARKS, LIBRARY AND SCHOOLS.
Unit Size
1,039 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$399
Property Type
House
Property Taxes
$670
HOA Dues
-
Year Built
1956

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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: 2 years ago (MRED MLS #12152756)

Price History

Date / Event Date Event Price
Nov 22, 2024 Sold
Premium
Sold
Oct 9, 2024 In contract -
In contract
Sep 24, 2024 Price Decreased $415,000
↓ $10K (2.4%)
Price Decreased
Sep 5, 2024 Listed by Coldwell Banker Realty $425,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,039
  • Garage Type: 4
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,749
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,078
  • Gross Building Area: 2,078
  • Building Area: 1,039
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,039
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VIKING RESUB
  • Land Acres: 0000000178
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: VIKING RESUB LOT 10

Neighborhood

  • School District Name: Township High School District 113
  • Census Tract: 864903

Geography

  • Assessors Map Reference: 2756-D1
  • District: WEST DEERFIE
  • Parcel: 16-32-208-016
  • Lot: 10
  • Municipality: TWP OF WEST DEERFIELD
  • Latitude: 42.164
  • Longitude: -87.8558

    Address

  • Full Address: 1122 Central Ave
  • Address - House Number: 1122
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Deerfield
  • Carrier Code: C045
  • 4-Digit Zip Code: 4217
  • Zip Code: 60015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $951,784
  • Tax Rate Code Area: 17004

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 402,833
  • High Value: 467,186
  • Low Value: 338,480

    Market Valuation

  • Market Total Value: $280,012
  • Market Land Value: $105,647
  • Market Improvement Value: $174,365

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $93,328
  • Assessed Land Value: $35,212
  • Assessed Improvements Value: $58,116

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 22, 1996
  • Current Sale Recording Date: May 28, 1996
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3829443

    Financing

  • First Mortgage Financing Type: FIX
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 Deerfield

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$306

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2593 ft²

Average Home Age

36 years

Currently For Sale

32 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 101 Pointe Drive, Northbrook, IL, 60062

$2,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,776 ft²
101 Pointe Drive #302, Northbrook, IL, 60062 Listing by Arlyn Tratt

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Alan Berlow, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12152756
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 1122 Central Avenue built and last sold?
The property at 1122 Central Avenue was built in 1956 and last sold on May 22, 1996 for $172,500.
How much is this home worth?
The estimated value of the home located at 1122 Central Avenue is $416,207.
What are some comparable homes to 1122 Central Avenue?
There are currently no comparable homes to 1122 Central Avenue.
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