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Addison 60101
137 N Highview Avenue
$335,000
● House - Off Market

137 N Highview Avenue

Addison, IL 60101
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$2,071
Est. Monthly
8.50%
Cap Rate

About This Property

Enjoy the convenience of one level living! The property is for sale or for rent! Three bed room - One bath room ranch style single family home with an open floor plan & vaulted ceilings throughout the entire property. Featuring a large fenced yard & two car garage. Prime location near highways, schools & shopping/ dining. In the heart of Addison! Professional photography coming soon. Available for tours today!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$279
Property Type
House
Property Taxes
$426
HOA Dues
-
Year Built
1957

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Cap Rate Calculator

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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

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 119
  • Lot Size Frontage Feet: 83
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHVIEW SUB
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: HIGHVIEW SUB UNIT NO 1

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 846603

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2970-D5
  • Parcel: 03-28-106-006
  • Block: 4
  • Lot: 46
  • Municipality: ADDISON
  • Latitude: 41.9303
  • Longitude: -87.9975

    Address

  • Full Address: 137 N Highview Ave
  • Legal Unit: 1
  • Address - House Number: 137
  • Street Direction: N
  • Address - Street Name: Highview
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Addison
  • Carrier Code: C033
  • 4-Digit Zip Code: 3535
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $490,282
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 291,009
  • High Value: 342,955
  • Low Value: 239,064

    Market Valuation

  • Market Total Value: $217,710
  • Market Land Value: $97,620
  • Market Improvement Value: $120,090

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $72,570
  • Assessed Land Value: $32,540
  • Assessed Improvements Value: $40,030

    Sales

  • Current Sale Contract Date: Dec 17, 2019
  • Current Sale Recording Date: Dec 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2019-119492
  • Previous Sale Recording Date: Oct 05, 1994
  • Previous Sale Contract Date: Sep 28, 1994
  • Previous Sale Amount: $109,000
  • 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 Addison

Stats & Trends

Median Asking:

$399,950

Sale Price/ft²

$222

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1979 ft²

Average Home Age

37.8 years

Currently For Sale

46 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

Rentals Near You

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MRED

Listed by: Rocco Zaccaro, Coldwell Banker Realty
Data Source: MRED, MLS# MRD12422084
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 137 North Highview Avenue built and last sold?
The property at 137 North Highview Avenue was built in 1957 and last sold on Dec 17, 2019 for $205,000.
How much is this home worth?
The estimated value of the home located at 137 North Highview Avenue is $0.
What are some comparable homes to 137 North Highview Avenue?
There are currently no comparable homes to 137 North Highview Avenue.
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