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Deerfield 60015 Woodland Park
1535 Stratford Road
$399,000
● Land - Off Market

1535 Stratford Road

Deerfield, IL 60015
bedrooms
Studio
bathrooms
0 Bath
$2,823
Est. Monthly
0.19%
Cap Rate

About This Property

Rare opportunity to build on this 230 ft deep lot in  well-established and highly sought-after Woodland Park neighborhood! The total allowable square ft that can be built is 7000 sq ft. Lot is in close proximity to parks, train and award-winning Deerfield schools. Build your custom dream home and enjoy all of the wonderful amenities Deerfield has to offer. DO NOT WALK PROPERTY WITHOUT A CONFIRMED APPOINTMENT - HOUSE IS OCCUPIED.
Unit Size
-
Days on Market
-
Land Size
0.36 acres
Price per sqft
-
Property Type
Land
Property Taxes
$863
HOA Dues
-
Year Built
1953

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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 #11929296)

Price History

Date / Event Date Event Price
Dec 29, 2023 Sold
Premium
Sold
Nov 12, 2023 Listed by @properties Christie's International Real Estate $399,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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: 1,500
  • Garage Type: 4
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,324
  • Lot Size Depth Feet: 2,310
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,000
  • Gross Building Area: 3,000
  • Building Area: 1,500
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRANIGAR BROS. WOODLAND PARK SUB
  • Land Acres: 0000000398
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: BRANIGAR BROS. WOODLAND PARK SUB LOT 7 BLOCK 1

Neighborhood

  • School District Name: Township High School District 113
  • Census Tract: 864801

Geography

  • Assessors Map Reference: 2703-D5
  • District: WEST DEERFIE
  • Parcel: 16-29-106-007
  • Block: 1
  • Lot: 7
  • Municipality: TWP OF WEST DEERFIELD
  • Latitude: 42.1804
  • Longitude: -87.8577

    Address

  • Full Address: 1535 Stratford Rd
  • Address - House Number: 1535
  • Address - Street Name: Stratford
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Deerfield
  • Carrier Code: C033
  • 4-Digit Zip Code: 2147
  • Zip Code: 60015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,070,356
  • Tax Rate Code Area: 17004

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 393,761
  • High Value: 429,237
  • Low Value: 358,285

    Market Valuation

  • Market Total Value: $400,000
  • Market Land Value: $174,005
  • Market Improvement Value: $225,995

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,320
  • Assessed Land Value: $57,996
  • Assessed Improvements Value: $75,324

    Sales

  • Current Sale Contract Date: Dec 18, 2023
  • Current Sale Recording Date: Jan 16, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8014894
  • Previous Sale Recording Date: Jun 26, 2019
  • Previous Sale Contract Date: Jun 10, 2019
  • Previous Sale Amount: $325,000
  • 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 Woodland Park

Stats & Trends

Median Asking:

$754,000

Sale Price/ft²

$344

Below Asking

0.02%

Average Days on Market

42

Average Home Size

3705 ft²

Average Home Age

36.5 years

Currently For Sale

2 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: Jodi Taub, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11929296
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 1535 Stratford Road built and last sold?
The property at 1535 Stratford Road was built in 1953 and last sold on Dec 18, 2023 for $399,000.
How much is this home worth?
The estimated value of the home located at 1535 Stratford Road is $402,990.
What are some comparable homes to 1535 Stratford Road?
There are currently no comparable homes to 1535 Stratford Road.
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