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Burr Ridge 60527
16w312 93rd Place
$430,000
● House - Off Market

16w312 93rd Place

Burr Ridge, IL 60527
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,950 Ft²
$2,586
Est. Monthly
5.93%
Cap Rate

About This Property

Updated Oak Hills 3br, 2 1/2 bath split level. Features include a fabulous gourmet kitchen, open floor plan, lower level family room with fireplace and powder room, Master 3/4 bath, plenty of storage, large 2 car garage and nice deck off the kitchen/dinning room. The main level hardwood floors were just refinished and absolutely POP! Completely re-painted inside and out. Newer furnace and hot water heater! Really nothing to do but move in.
Unit Size
1,950 Ft²
Days on Market
-
Land Size
-
Price per sqft
$220
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1987

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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: 2 years ago (MRED MLS #12210402)

Price History

Date / Event Date Event Price
Mar 27, 2025 Sold
Premium
Sold
Mar 4, 2025 In contract -
In contract
Feb 25, 2025 Price Decreased $429,900
↓ $5K (1.2%)
Price Decreased
Feb 12, 2025 Price Decreased $435,000
↓ $4K (0.9%)
Price Decreased
Jan 29, 2025 Relisted $439,000
Relisted
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 552
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,820
  • Gross Building Area: 1,820
  • Building Area: 1,268
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,268
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK HILL ESTS RESUB
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: OAK HILL ESTS RESUB UNIT 2

Neighborhood

  • School District Name: Hinsdale Township High School District 86
  • School Tax School District: TRI-STATE
  • Census Tract: 845901

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3207-E6
  • Parcel: 10-02-401-010
  • Lot: 27
  • Municipality: DOWNERS GROVE
  • Latitude: 41.7188
  • Longitude: -87.9415

    Address

  • Full Address: 16w312 93rd Pl
  • Legal Unit: 2
  • Address - House Number: 16w312
  • Address - Street Name: 93rd
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Burr Ridge
  • Carrier Code: C040
  • 4-Digit Zip Code: 6802
  • Zip Code: 60527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $512,686
  • Tax Rate Code Area: 9245

    Appraisal Valuation

  • Standard Deviation: 0.1726
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 369,291
  • High Value: 433,031
  • Low Value: 305,551

    Market Valuation

  • Market Total Value: $277,080
  • Market Land Value: $113,370
  • Market Improvement Value: $163,710

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $92,360
  • Assessed Land Value: $37,790
  • Assessed Improvements Value: $54,570

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 23, 2002
  • Current Sale Recording Date: Aug 06, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2002-201472
  • Previous Sale Recording Date: Jun 23, 1999
  • Previous Sale Contract Date: Jun 18, 1999
  • Previous Sale Amount: $227,000
  • 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 Burr Ridge

Stats & Trends

Median Asking:

$950,000

Sale Price/ft²

$285

Below Asking

0.01%

Average Days on Market

41

Average Home Size

4273 ft²

Average Home Age

32.5 years

Currently For Sale

31 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: James Pallisard, Wilk Real Estate
Last Updated: 2 years ago
Data Source: MRED, MLS# 12210402
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 16W312 93rd Place built and last sold?
The property at 16W312 93rd Place was built in 1987 and last sold on Jul 23, 2002 for $277,500.
How much is this home worth?
The estimated value of the home located at 16W312 93rd Place is $0.
What are some comparable homes to 16W312 93rd Place?
There are currently no comparable homes to 16W312 93rd Place.
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