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Riverside 60546
187 Olmsted Road
$590,000
● House - Off Market

187 Olmsted Road

RIVERSIDE, IL 60546
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$1,028,186
RealtyHop Estimate
71.65%
Since Jul 1, 2007
National-US
Primary Model

About This Property

GRACIOUS & SPACIOUS 3/4BR HOME SITUATED ON LOVELY LOT W 90FT FRONTAGE IN PRIME LOCATION.  SPECIAL FEATURES INCLUDE WONDERFUL  1ST FLR LIVING SPACE W/BRK RM & LARGE FAM RM OFF KITCHEN W/VAULTED & BEAMED WOOD CEILINGS.  SPECTACULAR VIEWS OF YARD.   FOYER, FORMAL LIV RM W/FPL & DIN RM. 2 BATHS ON 2ND FLR & 1ST FLR POWDER RM. METICULOUSLY MAINTAINED.  LG 2 CAR G
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$766
HOA Dues
-
Year Built
1903

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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: 2 years ago (MRED MLS #06306504)

Price History

Date / Event Date Event Price
Jun 29, 2007 Sold
Premium
Sold
Oct 10, 2006 Listed by Burlington Realty $599,000
Listed by Burlington Realty

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1903
  • Effective Year Built: 1903
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 11,880
  • Total Building Area: 2,538
  • Gross Building Area: 2,538
  • Building Area: 2,538
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,538
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUBDIVISION OF LT270 OF BLK3 IN RIVERS
  • Land Acres: 0000000273
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: (SUBDIVISION) OF LT270 OF BLK3 IN RIVERSIDE A PT OF 2 ND DIV SEC36 SEC 36-39-12

Neighborhood

  • School District Name: Riverside Brookfield Township School District 208
  • Census Tract: 815702

Geography

  • District: 34
  • Parcel: 15-36-406-001-0000
  • Block: 3
  • Lot: 270
  • Meridian: SEC 36 TWN 39N RNG 12E
  • Municipality: RIVERSIDE
  • Latitude: 41.8242
  • Longitude: -87.8118

    Address

  • Full Address: 187 Olmsted Rd
  • Address - House Number: 187
  • Address - Street Name: Olmsted
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Riverside
  • Carrier Code: C012
  • 4-Digit Zip Code: 2322
  • Zip Code: 60546

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,824,498
  • Tax Rate Code Area: 34006

    Appraisal Valuation

  • Standard Deviation: 0.2009
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 682,929
  • High Value: 820,190
  • Low Value: 545,669

    Market Valuation

  • Market Total Value: $551,020
  • Market Land Value: $118,800
  • Market Improvement Value: $432,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,102
  • Assessed Land Value: $11,880
  • Assessed Improvements Value: $43,222

    Sales

  • Current Sale Contract Date: Jun 29, 2007
  • Current Sale Recording Date: Jul 06, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 0718757044
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 Riverside

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$288

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1927 ft²

Average Home Age

94 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 8627 44th Street, Lyons, IL, 60534

$2,300 /mo

  • 3 Beds
  • 1 Bath
8627 44th Street, Lyons, IL, 60534 Listing by Yesenia Trujillo
Unit for rent at 2636 Ridgeland Avenue, Berwyn, IL, 60402

$2,100 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
2636 Ridgeland Avenue #1, Berwyn, IL, 60402 Listing by Alfonso Diaz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Burlington Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 06306504
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 187 Olmsted Road built and last sold?
The property at 187 Olmsted Road was built in 1903 and last sold on Jun 29, 2007 for $590,000.
How much is this home worth?
The estimated value of the home located at 187 Olmsted Road is $604,990.
What are some comparable homes to 187 Olmsted Road?
There are currently no comparable homes to 187 Olmsted Road.
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