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River Grove 60171 River Grove
2411 Spruce Street
$352,000
● House - Off Market

2411 Spruce Street

River Grove, IL 60171
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,200 Ft²
$546,791
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

Amazing house in the nicest area of River Grove. Completely custom rebuild in 2006. 4 bedrooms and 4 baths. Open floor layout - great for entertaining your guests. Very large master bedroom with a full bath and walk-in closet. Marble tiles in the 2 bathrooms on the 2nd floor. Over 3,000 sq ft (2,500 on 1st & 2nd floor). 2 furnaces: 1 for the 2nd floor, one for the 1st floor and basement. 2 car garage with access from the alley, and additional front side drive. Windows are 4 years old; entry door, water heater, and kitchen fridge are all 3 years old. 1 year old composite deck in the back of the house.
Unit Size
3,200 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$112
Property Type
House
Property Taxes
$793
HOA Dues
-
Year Built
1950

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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 #10058971)

Price History

Date / Event Date Event Price
Dec 19, 2018 Sold
Premium
Sold
Aug 21, 2018 Listed by arhome realty $359,400
Listed by arhome realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 24
  • 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: 5,000
  • Total Building Area: 2,436
  • Gross Building Area: 2,436
  • Building Area: 2,436
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,436
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RHODES & CLARKES
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06

Neighborhood

  • School District Name: Rhodes School District 84-5
  • Census Tract: 811200

Geography

  • District: 20
  • Parcel: 12-27-426-043-0000
  • Block: 11
  • Lot: 15
  • Meridian: SEC 27 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9231
  • Longitude: -87.8486

    Address

  • Full Address: 2411 Spruce St
  • Address - House Number: 2411
  • Address - Street Name: Spruce
  • Address - Suffix Type: St
  • State: IL
  • City Name: River Grove
  • Carrier Code: C003
  • 4-Digit Zip Code: 1815
  • Zip Code: 60171

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,058,397
  • Tax Rate Code Area: 20033

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 402,979
  • High Value: 494,996
  • Low Value: 310,963

    Market Valuation

  • Market Total Value: $334,100
  • Market Land Value: $52,500
  • Market Improvement Value: $281,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,410
  • Assessed Land Value: $5,250
  • Assessed Improvements Value: $28,160

    Sales

  • Current Sale Contract Date: Dec 14, 2018
  • Current Sale Recording Date: Dec 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1835455101
  • Previous Sale Recording Date: Jul 29, 2003
  • Previous Sale Contract Date: Jul 02, 2003
  • Previous Sale Amount: $221,500
  • Previous Sale Document Type: 71

    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 River Grove

Stats & Trends

Median Asking:

$379,000

Sale Price/ft²

$224

Below Asking

0.01%

Average Days on Market

41

Average Home Size

996 ft²

Average Home Age

72.1 years

Currently For Sale

17 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 1400 N 22nd Avenue, Melrose Park, IL, 60160

$4,000 /mo

  • 5 Beds
  • 3 Baths
1400 N 22nd Avenue, Melrose Park, IL, 60160 Listing by Anna Villarejo Ruiz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Janusz Maka, arhome realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 10058971
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 2411 Spruce Street built and last sold?
The property at 2411 Spruce Street was built in 1950 and last sold on Dec 14, 2018 for $352,000.
How much is this home worth?
The estimated value of the home located at 2411 Spruce Street is $382,213.
What are some comparable homes to 2411 Spruce Street?
There are currently no comparable homes to 2411 Spruce Street.
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