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Itasca 60143
209 Forest Avenue
$465,000
● House - Off Market

209 Forest Avenue

Itasca, IL 60143
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,387 Ft²
$510,726
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

"Floorplan is on the virtual tour!" NESTLED IN THE HEART OF ITASCA AND WITHIN WALKING DISTANCE TO DOWNTOWN WITH METRA ACCESS, RESTAURANTS, PARKS AND ENTERTAINMENT! BRIGHT AND LIGHT HOME WITH OVER 2,800 SQUARE FEET. 3 BEDROOMS, 2.1 BATHS, BASEMENT, GOURMET SIZE KITCHEN , UPDATE LIKE NEW SOFT CLOSE MAPLE CABINETS, CAN LIGHTING, TWO SKYLIGHTS OPEN TO VAULTED SUNROOM ALSO WITH SKYLIGHTS OVERLOOKING LOT WITH MATURE LANDSCAPING. NEWLY REMODELED MASTER BATHROOM, HARDWOOD FLOORS, COZY FIREPLACE LIVING ROOM. ZONED HEATING AND COOLING, ROOF AND WINDOWS REPLACED. PROUD OWNERS OFFER WHITE GLOVE CONDITION.
Unit Size
2,387 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$188
Property Type
House
Property Taxes
$678
HOA Dues
-
Year Built
1940

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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 #11164855)

Price History

Date / Event Date Event Price
Sep 22, 2021 Sold
Premium
Sold
Aug 2, 2021 Listed by RE/MAX Central Inc. $449,900
Listed by RE/MAX Central Inc.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 845
  • Garage Type: 1
  • Garage Square Area: 465
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 150
  • Lot Size Frontage Feet: 75
  • Total Building Area: 4,119
  • Gross Building Area: 4,119
  • Building Area: 2,809
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,809
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAICHULIS ASSMT PLAT
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: CLOVERS GROVE ADD /EX PT WAICHULIS ASSMT PLAT .02 ACRES/

Neighborhood

  • School District Name: Itasca School District 10
  • School Tax School District: ITASCA
  • Census Tract: 840201

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2914-B6
  • Parcel: 03-08-305-002
  • Lot: 2
  • Municipality: ADDISON
  • Latitude: 41.969
  • Longitude: -88.0169

    Address

  • Full Address: 209 Forest Ave
  • Address - House Number: 209
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Itasca
  • Carrier Code: C005
  • 4-Digit Zip Code: 2011
  • Zip Code: 60143

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $928,576
  • Tax Rate Code Area: 3087

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 524,277
  • High Value: 612,804
  • Low Value: 435,751

    Market Valuation

  • Market Total Value: $408,240
  • Market Land Value: $160,050
  • Market Improvement Value: $248,190

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $136,080
  • Assessed Land Value: $53,350
  • Assessed Improvements Value: $82,730

    Sales

  • Current Sale Contract Date: Sep 03, 2021
  • Current Sale Recording Date: Sep 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021-136414

    Financing

  • First Mortgage Financing Type: FIX
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 Itasca

Stats & Trends

Median Asking:

$444,950

Sale Price/ft²

$239

Below Asking

0.01%

Average Days on Market

44

Average Home Size

5877 ft²

Average Home Age

28.2 years

Currently For Sale

19 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 394 Bay Drive, Itasca, IL, 60143

$3,100 /mo

  • 2 Beds
  • 3 Baths
  • 2,150 ft²
394 Bay Drive, Itasca, IL, 60143 Listing by Emilia Ivanova
Unit for rent at 125 S Maple Street, Itasca, IL, 60143

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,790 ft²
125 S Maple Street, Itasca, IL, 60143 Listing by James Diestel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sharon Falco, RE/MAX Central Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11164855
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 209 Forest Avenue built and last sold?
The property at 209 Forest Avenue was built in 1940 and last sold on Sep 3, 2021 for $465,000.
How much is this home worth?
The estimated value of the home located at 209 Forest Avenue is $0.
What are some comparable homes to 209 Forest Avenue?
There are currently no comparable homes to 209 Forest Avenue.
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