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River Grove 60171 River Grove
2524 DAVISSON Street
$310,000
● House - Off Market

2524 DAVISSON Street

RIVER GROVE, IL 60171
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$573,343
RealtyHop Estimate
79.23%
Since Dec 1, 2007
National-US
Primary Model

About This Property

LARGE OCTAGON BUNGALOW FEATURES WOOD LAMINATE FLOORING IN OPEN LIVING/DINING ROOM AREA. STONE WOOD BURNING FIREPLACE IN LIVING ROOM. REMODELED BATHROOMS HAVE PORCELAIN & CERAMIC TILE.  BEDROOMS HAVE NEWER BERBER CARPETING & WALK-IN CLOSETS.  FINISHED BASEMENT W/REC ROOM, OFFICE & 1/2 BATH.  SIDE DRIVE TO 2 CAR DETACHED GARAGE.  NICE FENCED YARD WITH PATIO AREA.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1930

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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.

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • 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: 15
  • Floor Count: 150
  • 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: 4,655
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,490
  • Gross Building Area: 1,490
  • Building Area: 1,490
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,490
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VOLK BROTHERS CHICAGO HOME GARDENS
  • Land Acres: 0000000107
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (VOLK) BROTHERS (CHICAGO) HOME (GARDENS) IN EH SE SEC 26-40-12

Neighborhood

  • School District Name: River Grove School District 85-5
  • Census Tract: 811100

Geography

  • District: 20
  • Parcel: 12-26-417-052-0000
  • Block: 3
  • Lot: 18,19
  • Meridian: SEC 26 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9257
  • Longitude: -87.8286

    Address

  • Full Address: 2524 Davisson St
  • Address - House Number: 2524
  • Address - Street Name: Davisson
  • Address - Suffix Type: St
  • State: IL
  • City Name: River Grove
  • Carrier Code: C001
  • 4-Digit Zip Code: 1710
  • Zip Code: 60171

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $951,018
  • Tax Rate Code Area: 20032

    Appraisal Valuation

  • Standard Deviation: 0.2336
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 369,844
  • High Value: 456,255
  • Low Value: 283,434

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $48,880
  • Market Improvement Value: $251,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $4,888
  • Assessed Improvements Value: $25,112

    Sales

  • Current Sale Contract Date: Nov 20, 2007
  • Current Sale Recording Date: Dec 11, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0734541024
  • Previous Sale Recording Date: Jun 10, 2004
  • Previous Sale Contract Date: May 13, 2004
  • Previous Sale Amount: $265,500
  • 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 River Grove

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$221

Below Asking

0.01%

Average Days on Market

41

Average Home Size

952 ft²

Average Home Age

70.3 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

Rentals Near You

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MRED

Listed by: Donna Raven, RE/MAX Regency
Data Source: MRED, MLS# MRD06687445
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 2524 Davisson Street built and last sold?
The property at 2524 Davisson Street was built in 1930 and last sold on Nov 20, 2007 for $310,000.
How much is this home worth?
The estimated value of the home located at 2524 Davisson Street is $0.
What are some comparable homes to 2524 Davisson Street?
There are currently no comparable homes to 2524 Davisson Street.
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