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Fox River Grove 60021 Fox River Grove
220 N River Road
$286,500
● House - Off Market

220 N River Road

Fox River Grove, IL 60021
bedrooms
1 Bed
bathrooms
1 Bath
square feet
854 Ft²
$232,565
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Adorably updated cottage on the Fox awaits new owners, turn key and move-in ready! * Everything has been replaced: Furnace, 2017 * 2019: sliding glass door, bathroom remodel, roof & gutters, floors refinished, plumbing & electric, tankless hot water heater, kitchen remodel, new appliances * 2021: new water softener, whole house water filter * 2022: sump pump, composite deck, storm door * Perfect location just a few blocks from downtown FRG, Metra, & restaurants! Beautifully landscaped yard with perennials galore and several spaces to sit and relax as the boats roll by. Nothing but nature views across the river. Don't miss this opportunity to live on the lovely Fox River, especially at this price!!!!
Unit Size
854 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$269
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
1922

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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 #11401869)

Price History

Date / Event Date Event Price
Jun 17, 2022 Sold
Premium
Sold
May 11, 2022 Listed by @properties Christie's International Real Estate $229,900
Listed by @properties Christie's International Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,217
  • Lot Size Frontage Feet: 290
  • Total Building Area: 854
  • Building Area: 854
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 4
  • Heated Square Feet: 854
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 1ST ADDN TO FOX RIVER GROVE
  • Land Acres: 0000000097
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0025404 LT 3 BLK 3 1ST ADDN TO FOX RIVER GROVE

Neighborhood

  • School District Name: Fox River Grove Consolidated School District 3
  • Census Tract: 871402

Geography

  • Parcel: 20-18-427-012
  • Block: 3
  • Lot: 3
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2027
  • Longitude: -88.2227

    Address

  • Full Address: 220 N River Rd
  • Address - House Number: 220
  • Street Direction: N
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Fox River Grove
  • Carrier Code: C003
  • 4-Digit Zip Code: 1024
  • Zip Code: 60021

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $385,086
  • Tax Rate Code Area: 20008

    Appraisal Valuation

  • Standard Deviation: 0.1623
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 231,136
  • High Value: 268,657
  • Low Value: 193,615

    Market Valuation

  • Market Total Value: $129,999
  • Market Land Value: $59,619
  • Market Improvement Value: $70,380

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,333
  • Assessed Land Value: $19,873
  • Assessed Improvements Value: $23,460

    Sales

  • Current Sale Contract Date: Jun 01, 2022
  • Current Sale Recording Date: Jul 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 25404
  • Previous Sale Recording Date: Jul 11, 2019
  • Previous Sale Contract Date: Jun 07, 2019
  • Previous Sale Amount: $86,667
  • 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 Fox River Grove

Stats & Trends

Median Asking:

$289,900

Sale Price/ft²

$193

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1549 ft²

Average Home Age

99.7 years

Currently For Sale

3 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 527 Cary Woods Circle, Cary, IL, 60013

$2,550 /mo

  • 2 Beds
  • 2 Baths
  • 1,928 ft²
527 Cary Woods Circle, Cary, IL, 60013 Listing by Albert Pino

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Paul Dimmick, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11401869
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 220 North River Road built and last sold?
The property at 220 North River Road was built in 1922 and last sold on Jun 1, 2022 for $286,500.
How much is this home worth?
The estimated value of the home located at 220 North River Road is $232,199.
What are some comparable homes to 220 North River Road?
There are currently no comparable homes to 220 North River Road.
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