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River Forest 60305 River Forest
1453 Thatcher Avenue
$415,000
● Land - Off Market

1453 Thatcher Avenue

River Forest, IL 60305
bedrooms
Studio
bathrooms
0 Bath
$2,627
Est. Monthly
1.29%
Cap Rate

About This Property

BUILD YOUR DREAM HOME IN THE NORTH WOODS SECTION OF RIVER FOREST. GREAT NEIGHBORHOOD. RARE OVER SIZED LOT BEAUTIFULLY LANDSCAPED WITH MATURE TREES.  100 x 140 x 95 x 171. ENJOY THE HIKING TRAILS IN THE WOODS AND WALK TO MANY RESTAURANTS. BEAUTIFUL GREENERY  CALL ME TODAY WITH ANY QUESTIONS.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$447
HOA Dues
-
Year Built
-

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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.

Last updated: 3 years ago (MRED MLS #11902416)

Price History

Date / Event Date Event Price
Mar 29, 2024 Sold
Premium
Sold
Oct 5, 2023 Listed by Compass $444,000
Listed by Compass

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,808
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: OWNERS SUB
  • Land Acres: 0000000363
  • Standard Land Use Code: 8000
  • County Land Use Code: 2-41
  • Legal Description 1: (OWNERS) SUB OF NW NW EX PT OF NW OF NW OF SEC1 IN TO WN OF PROVISO NW NW SEC 01-39-12

Neighborhood

  • School District Name: River Forest School District 90
  • Census Tract: 811900

Geography

  • District: 33
  • Parcel: 15-01-101-002-0000
  • Block: 4
  • Lot: 4
  • Meridian: SEC 01 TWN 39N RNG 12E
  • Municipality: RIVER FOREST
  • Latitude: 41.9068
  • Longitude: -87.8247

    Address

  • Full Address: 1453 Thatcher Ave
  • Address - House Number: 1453
  • Address - Street Name: Thatcher
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: River Forest
  • Carrier Code: C001
  • 4-Digit Zip Code: 1025
  • Zip Code: 60305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $535,992
  • Tax Rate Code Area: 33001

    Market Valuation

  • Market Total Value: $189,700
  • Market Land Value: $189,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,970
  • Assessed Land Value: $18,970

    Sales

  • Current Sale Contract Date: Mar 26, 2024
  • Current Sale Recording Date: Apr 04, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 24026
  • Previous Sale Recording Date: Apr 04, 2000
  • Previous Sale Contract Date: Mar 31, 2000
  • Previous Sale Amount: $310,000
  • 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 River Forest

Stats & Trends

Median Asking:

$569,500

Sale Price/ft²

$289

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1732 ft²

Average Home Age

72.9 years

Currently For Sale

29 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

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MRED

Listed by: Donna Barnhisel, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11902416
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 1453 Thatcher Avenue built and last sold?
The property at 1453 Thatcher Avenue was built in and last sold on Mar 26, 2024 for $415,000.
How much is this home worth?
The estimated value of the home located at 1453 Thatcher Avenue is $448,440.
What are some comparable homes to 1453 Thatcher Avenue?
There are currently no comparable homes to 1453 Thatcher Avenue.
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