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Park Ridge 60068 Park Ridge
2244 Parkside Drive
$460,350
● House - Off Market

2244 Parkside Drive

Park Ridge, IL 60068
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,742 Ft²
$439,736
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Gorgeous sprawling ranch! Large bedrooms, separate living and dining, eat in kitchen, attached 2 car garage, huge basement with built in wet bar and wood burning fireplace, lower level laundry, workshop and extra space for a bedroom and bathroom. The potential is endless.  Being sold "AS IS".
Unit Size
1,742 Ft²
Days on Market
-
Land Size
-
Price per sqft
$252
Property Type
House
Property Taxes
$697
HOA Dues
-
Year Built
1960

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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: 3 years ago (MRED MLS #11765245)

Price History

Date / Event Date Event Price
Jun 6, 2023 Sold
Premium
Sold
Apr 21, 2023 Listed by @properties Christie's International Real Estate $439,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 8
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,743
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 880
  • Total Building Area: 1,742
  • Gross Building Area: 1,742
  • Building Area: 1,742
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,742
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BALLARD GARDENS ADD 01
  • Land Acres: 0000000293
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: East Maine School District 63
  • Census Tract: 806005

Geography

  • District: 22
  • Parcel: 09-15-405-027-0000
  • Lot: 5,6
  • Meridian: SEC 15 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0464
  • Longitude: -87.8469

    Address

  • Full Address: 2244 Parkside Dr
  • Address - House Number: 2244
  • Address - Street Name: Parkside
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Park Ridge
  • Carrier Code: C046
  • 4-Digit Zip Code: 1034
  • Zip Code: 60068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $961,405
  • Tax Rate Code Area: 22102

    Appraisal Valuation

  • Standard Deviation: 0.2298
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 445,077
  • High Value: 547,363
  • Low Value: 342,792

    Market Valuation

  • Market Total Value: $400,000
  • Market Land Value: $82,830
  • Market Improvement Value: $317,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,000
  • Assessed Land Value: $8,283
  • Assessed Improvements Value: $31,717

    Sales

  • Current Sale Contract Date: Jun 08, 2023
  • Current Sale Recording Date: Jul 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6013
  • Previous Sale Recording Date: May 28, 2009
  • Previous Sale Contract Date: May 08, 2009
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: 27
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 Park Ridge

Stats & Trends

Median Asking:

$600,000

Sale Price/ft²

$296

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2038 ft²

Average Home Age

57.1 years

Currently For Sale

60 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 8522 W Normal Avenue W, Niles, IL, 60714

$3,280 /mo

  • 3 Beds
  • 1 Bath
  • 1,400 ft²
8522 W Normal Avenue W, Niles, IL, 60714 Listing by Irina Khaykin
Unit for rent at 1680 Locust Street, Des Plaines, IL, 60018

$3,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,740 ft²
1680 Locust Street, Des Plaines, IL, 60018 Listing by Tony Garcia

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kassie Houlihan, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11765245
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 2244 Parkside Drive built and last sold?
The property at 2244 Parkside Drive was built in 1960 and last sold on Jun 8, 2023 for $460,500.
How much is this home worth?
The estimated value of the home located at 2244 Parkside Drive is $452,611.
What are some comparable homes to 2244 Parkside Drive?
There are currently no comparable homes to 2244 Parkside Drive.
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