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Broadview 60155
2244 Terry Lane W
$265,000
● House - Off Market

2244 Terry Lane W

Broadview, IL 60155
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,200 Ft²
$288,432
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Welcome to this move-in ready Broadview beauty that backs up to the forest preserve.  Located in a quiet neighborhood on a street with no through traffic, and close to everything you want to be near.  As you enter you will immediately be greeted by the freshly painted living room and gleaming hardwood floors.  Three generously sized bedrooms, all with hardwood.  A nice sized eat-in kitchen with double-oven, garbage compactor and eat-in area.  A bonus room in the basement can easily be turned in to a 4th bedroom.  The basement also features a large rec room just waiting for your finishing touches.  Additional features in the basement include a workroom and nice sized laundry room.  This home also features a two car detached garage and storage shed for all of your yard tools, bikes and whatever else you need room for.  Quick close possible for you to enjoy all of the upcoming holiday celebrations.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$233
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1958

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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 #11670381)

Price History

Date / Event Date Event Price
Mar 27, 2023 Sold
Premium
Sold
Nov 25, 2022 Listed by eXp Realty, LLC $279,900
Listed by eXp Realty, LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 5,445
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,077
  • Gross Building Area: 1,077
  • Building Area: 1,077
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,077
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KAYES BEVERLY PK FIRST
  • Land Acres: 0000000125
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: TERRY A (KAYES)(BEVERLY) PK (FIRST) ADD SUB OF PT OF NH OF NW NH NW SEC 27-39-12

Neighborhood

  • School District Name: Proviso Township High School District 209
  • Census Tract: 818000

Geography

  • District: 31
  • Parcel: 15-27-110-040-0000
  • Lot: 60
  • Meridian: SEC 27 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8458
  • Longitude: -87.8588

    Address

  • Full Address: 2244 Terry Ln W
  • Address - House Number: 2244
  • Street Segment Direction: W
  • Address - Street Name: Terry
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Broadview
  • Carrier Code: C026
  • 4-Digit Zip Code: 4622
  • Zip Code: 60155

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $411,688
  • Tax Rate Code Area: 31094

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 279,465
  • High Value: 344,403
  • Low Value: 214,527

    Market Valuation

  • Market Total Value: $240,010
  • Market Land Value: $38,120
  • Market Improvement Value: $201,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,001
  • Assessed Land Value: $3,812
  • Assessed Improvements Value: $20,189

    Sales

  • Current Sale Contract Date: Feb 28, 2023
  • Current Sale Recording Date: Apr 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 4
  • Current Sale Input Document Number: 55002
  • Previous Sale Recording Date: Nov 21, 1995
  • Previous Sale Contract Date: Oct 02, 1995
  • Previous Sale Amount: $128,000
  • Previous Sale Document Type: 69
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 Broadview

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$221

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1034 ft²

Average Home Age

68.5 years

Currently For Sale

4 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 1215 Balmoral Avenue, Westchester, IL, 60154

$2,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,500 ft²
1215 Balmoral Avenue #2, Westchester, IL, 60154 Listing by Andrea Hernandez
Unit for rent at 421 Hyde Park Avenue, Hillside, IL, 60162

$2,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,140 ft²
421 Hyde Park Avenue, Hillside, IL, 60162 Listing by Sebastian Regium
Unit for rent at 801 Barnsdale Road, La Grange Park, IL, 60526

$2,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,300 ft²
801 Barnsdale Road #2, La Grange Park, IL, 60526 Listing by Lauren Walz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael LaFido, eXp Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11670381
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 Terry Lane West built and last sold?
The property at 2244 Terry Lane West was built in 1958 and last sold on Feb 28, 2023 for $265,000.
How much is this home worth?
The estimated value of the home located at 2244 Terry Lane West is $0.
What are some comparable homes to 2244 Terry Lane West?
There are currently no comparable homes to 2244 Terry Lane West.
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