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Riverside 60546
208 Fairbank Road
$639,076
● House - Off Market

208 Fairbank Road

Riverside, IL 60546
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,677 Ft²
$4,076
Est. Monthly
5.94%
Cap Rate
Unit Size
2,677 Ft²
Days on Market
-
Land Size
-
Price per sqft
$235
Property Type
House
Property Taxes
$987
HOA Dues
-
Year Built
1888

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1888
  • Effective Year Built: 1888
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 63
  • 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: 5,040
  • Total Building Area: 1,883
  • Gross Building Area: 1,883
  • Building Area: 1,883
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,883
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERSIDE FIRST
  • Land Acres: 0000000116
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: (RIVERSIDE) (FIRST) DIVISION IN NE SEC2-38-12 & IN SW SEC36 & SE SEC 35-39-12

Neighborhood

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

Geography

  • District: 34
  • Parcel: 15-35-419-028-0000
  • Block: 5
  • Lot: 16
  • Meridian: SEC 02 TWN 38N RNG 12E
  • Municipality: RIVERSIDE
  • Latitude: 41.8214
  • Longitude: -87.8232

    Address

  • Full Address: 208 Fairbank Rd
  • Address - House Number: 208
  • Address - Street Name: Fairbank
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Riverside
  • Carrier Code: C003
  • 4-Digit Zip Code: 2214
  • Zip Code: 60546

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,239,093
  • Tax Rate Code Area: 34006

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 522,672
  • High Value: 656,224
  • Low Value: 389,119

    Market Valuation

  • Market Total Value: $430,000
  • Market Land Value: $55,440
  • Market Improvement Value: $374,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,000
  • Assessed Land Value: $5,544
  • Assessed Improvements Value: $37,456
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

49

Average Home Size

1954 ft²

Average Home Age

82.1 years

Currently For Sale

11 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 4000 Forest Avenue, IL, 60513

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,150 ft²
4000 Forest Avenue #6, IL, 60513 Listing by Brandon Kurdziel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Deidre Rudich, Compass
Data Source: MRED, MLS# MRD12361731
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 208 Fairbank Road built and last sold?
The property at 208 Fairbank Road was built in 1888 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 208 Fairbank Road is $635,369.
What are some comparable homes to 208 Fairbank Road?
There are currently no comparable homes to 208 Fairbank Road.
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