For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Berkeley 60163
1123 RICHARD Avenue
$262,500
● House - Off Market

1123 RICHARD Avenue

Berkeley, IL 60163
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,131 Ft²
$292,706
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

GREAT LOCATION!!- 4 BEDROOMS/2 FULL BATHROOMS/W JETTED TUB.  FULL FINISH BASEMENT. THE FINISHED BASEMENT INCLUDES AN EXTRA BEDROOM WITH A CLOSET, STORAGE ROOMS, UTILITY ROOM WITH A WASHER. THE KITCHEN HAS STAINLESS STEEL DISHWASHER, STOVE, REFRIGERATOR,  MICROWAVE, LOTS OF GRANITE COUNTERTOP SPACE, AND CERAMIC TILE FLOORS. HARDWOOD FLOORS IN BEDROOMS WITH AN EN SUITE BATHROOM  IN THE MASTER BEDROOM.  NEW ROOF ON HOUSE, 2 CAR GARAGE, WITH 2 ADDITIONAL SPACES IN THE DRIVEWAY, NEW SIDING, NEW DOOR & NEW ROOF ON GARAGE, WITH  ELECTRICAL REMOTE. PLENTY OF YARD SPACE FOR THOSE FAMILY BARBECUES.  NOTHING TO DO BUT MOVE IN.   5 MINUTES TO THE EXPRESSWAY AND A 5 MINUTE WALK TO METRO TRAIN.  GREAT LOCATION AND A GREAT BUY. QUIET NEIGHBORHOOD.
Unit Size
1,131 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$232
Property Type
House
Property Taxes
$444
HOA Dues
-
Year Built
1962

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

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

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 510
  • Total Building Area: 1,131
  • Gross Building Area: 1,131
  • Building Area: 1,131
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,131
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STONE &COS BER - ELM
  • Land Acres: 0000000154
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: H O (STONE) &COS (BER)-(ELM) ADD A SUB OF PT FRACL SW SEC6 & PT NW SEC 07-39-12

Neighborhood

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

Geography

  • District: 31
  • Parcel: 15-06-305-013-0000
  • Block: 12
  • Lot: 25
  • Meridian: SEC 07 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8937
  • Longitude: -87.9165

    Address

  • Full Address: 1123 Richard Ave
  • Address - House Number: 1123
  • Address - Street Name: Richard
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Berkeley
  • Carrier Code: C031
  • 4-Digit Zip Code: 1029
  • Zip Code: 60163

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $826,755
  • Tax Rate Code Area: 31026

    Appraisal Valuation

  • Standard Deviation: 0.2453
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 291,125
  • High Value: 362,565
  • Low Value: 219,686

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $36,850
  • Market Improvement Value: $203,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $3,685
  • Assessed Improvements Value: $20,315

    Sales

  • Current Sale Contract Date: Nov 02, 2021
  • Current Sale Recording Date: Nov 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2130807598
  • Previous Sale Recording Date: May 02, 2005
  • Previous Sale Contract Date: Apr 28, 2005
  • Previous Sale Amount: $237,000
  • Previous Sale Document Type: 71
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:

$325,000

Sale Price/ft²

$251

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1214 ft²

Average Home Age

71.6 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 103 E 1st Street, Elmhurst, IL, 60126

$2,350 /mo

  • 3 Beds
  • 1 Bath
  • 1,600 ft²
103 E 1st Street #2N, Elmhurst, IL, 60126 Listing by Larry Reedy
Unit for rent at 110 N Willow Road, Elmhurst, IL, 60126

$2,495 /mo

  • 2 Beds
  • 1 Bath
110 N Willow Road #4, Elmhurst, IL, 60126 Listing by Sandra Mariottini

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Joan Cox, JC Cox Realty
Data Source: MRED, MLS# MRD11224684
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 1123 Richard Avenue built and last sold?
The property at 1123 Richard Avenue was built in 1962 and last sold on Nov 2, 2021 for $262,500.
How much is this home worth?
The estimated value of the home located at 1123 Richard Avenue is $0.
What are some comparable homes to 1123 Richard Avenue?
There are currently no comparable homes to 1123 Richard Avenue.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Proviso Homes for Sale
Proviso Houses for Sale
Proviso Condos for Sale
Proviso Townhouses for Sale
Proviso Multifamily for Sale
Proviso Land for Sale
Proviso Commercial for Sale
Proviso Homes with Basements
Nearby Cities
Oak Park Homes for Sale
Downers Grove Homes for Sale
Lombard Homes for Sale
Elmhurst Homes for Sale
Berwyn Homes for Sale
Woodridge Homes for Sale
Darien Homes for Sale
Addison Homes for Sale
Nearby Property Records
DuPage County, IL Property Records
Cook County, IL Property Records
Will County, IL Property Records
Kane County, IL Property Records
Lake County, IL Property Records
Kendall County, IL Property Records
Lake County, IN Property Records
McHenry County, IL Property Records
Neighborhoods
Logan Square Real Estate
Austin Real Estate
Jefferson Park Real Estate
Humboldt Park Real Estate
Albany Park Real Estate
Norwood Park Real Estate
Lawndale Real Estate
Portage Park Real Estate
Nearby Counties
Downers Grove Homes for Sale
York Homes for Sale
Lyons Homes for Sale
Leyden Homes for Sale
Addison Homes for Sale
Oak Park Homes for Sale
Berwyn Homes for Sale
Stickney Homes for Sale
Top Real Estate Agents
Top Agents in Proviso
Top Agents in Downers Grove
Top Agents in York
Top Agents in Lyons
Top Agents in 60618
Top Agents in Leyden
Top Agents in Logan Square
Top Agents in Addison