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Berkeley 60163
1140 N Taft Avenue
$222,000
● House - Off Market

1140 N Taft Avenue

Berkeley, IL 60163
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,115 Ft²
$249,744
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Beautiful 3 BR 1 Bath, 2.5 car garage Ranch with NEW windows.  All Cleaned up and freshly painted. Master BR has Sliding Glass to Move-in ready, three bedrooms, 1 bath ranch.  Recently refinished hardwood floors. The master bedroom has a sliding glass door to the 20 X 10 covered patio, great space in the fenced yard with a side drive that leads to a 2.5 car garage.  Extra storage space in the storage shed. Updates include roof and windows. Drop down stairs to the attic area.
Unit Size
1,115 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$197
Property Type
House
Property Taxes
$367
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: 3 years ago (MRED MLS #11159632)

Price History

Date / Event Date Event Price
Sep 2, 2021 Sold
Premium
Sold
Jul 17, 2021 Listed by RE/MAX 10 $220,000
Listed by RE/MAX 10

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • 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: 1,115
  • Gross Building Area: 1,115
  • Building Area: 1,115
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,115
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: H O STONE AND COMPANYS BER ELM ADDITION
  • 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: 15-06-307-025-0000
  • Meridian: SEC 06 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8931
  • Longitude: -87.9134

    Address

  • Full Address: 1140 N Taft Ave
  • Address - House Number: 1140
  • Street Direction: N
  • Address - Street Name: Taft
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Berkeley
  • Carrier Code: C031
  • 4-Digit Zip Code: 1040
  • Zip Code: 60163

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $779,931
  • Tax Rate Code Area: 31026

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 274,835
  • High Value: 337,591
  • Low Value: 212,079

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $36,850
  • Market Improvement Value: $173,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $3,685
  • Assessed Improvements Value: $17,315

    Sales

  • Current Sale Contract Date: Sep 02, 2021
  • Current Sale Recording Date: Sep 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2124528495
  • Previous Sale Recording Date: Aug 14, 2018
  • Previous Sale Contract Date: Aug 03, 2018
  • Previous Sale Amount: $177,000
  • Previous Sale Document Type: 71

    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 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 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: John Sackett, RE/MAX 10
Last Updated: 3 years ago
Data Source: MRED, MLS# 11159632
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 1140 North Taft Avenue built and last sold?
The property at 1140 North Taft Avenue was built in 1956 and last sold on Sep 2, 2021 for $222,000.
How much is this home worth?
The estimated value of the home located at 1140 North Taft Avenue is $0.
What are some comparable homes to 1140 North Taft Avenue?
There are currently no comparable homes to 1140 North Taft Avenue.
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