For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Riverside 60546
261 Herrick Road
$605,000
● House - Off Market

261 Herrick Road

Riverside, IL 60546
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,698 Ft²
$3,776
Est. Monthly
2.34%
Cap Rate

About This Property

Move-in ready home at a great price in the heart of historic Riverside! Walking distance to 2 Metra stations, parks, schools, and downtown Riverside! MANY NEWER MAJOR ITEMS INCLUDE FURNACE (2020), TANKLESS WATER HEATER (2019), KITCHEN UPDATES w/quartz, backsplash, cabinet refinish, and new appliances (2021), NEW WASHER AND DRYER (2022), A TEAR OFF ROOF WITH NEW FASCIA AND GUTTERS (2013), 2 CAR GARAGE (2013), INTERIOR BASEMENT DRAIN TILE WITH BATTERY BACKUP (2014), NEW DRIVEWAY AND CONCRETE WALKWAYS (2016), AND NEW FRONT STEPS AND PORCH WINDOWS (2017). This well maintained home features three 2nd level bedrooms + a play area, 2 full bathrooms, hardwood floors throughout, modern thermopane windows, and central heat and a/c. The master bedroom is large with "his" and "hers" closets. Enjoy evenings sitting out on the enclosed front porch, or one of two decks and patios surrounding the home. Wonderful home with lots of old charm, but free of old-home headaches!
Unit Size
1,698 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$353
Property Type
House
Property Taxes
$830
HOA Dues
-
Year Built
1926

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1926
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 63
  • Exterior Walls Type: 12
  • 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: 7,275
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,698
  • Gross Building Area: 1,698
  • Building Area: 1,698
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,698
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERSIDE THIRD
  • Land Acres: 0000000167
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: (RIVERSIDE)(THIRD) DIV IN SEC 25 & PT NW SEC36 & PT N E SEC36 NH SEC 25-39-12

Neighborhood

  • School District Name: Riverside Brookfield Township School District 208
  • Census Tract: 815702

Geography

  • District: 34
  • Parcel: 15-36-207-022-0000
  • Block: 6
  • Lot: 800
  • Meridian: SEC 25 TWN 39N RNG 12E
  • Municipality: RIVERSIDE
  • Latitude: 41.8307
  • Longitude: -87.8102

    Address

  • Full Address: 261 Herrick Rd
  • Address - House Number: 261
  • Address - Street Name: Herrick
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Riverside
  • Carrier Code: C004
  • 4-Digit Zip Code: 2016
  • Zip Code: 60546

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,254,879
  • Tax Rate Code Area: 34006

    Appraisal Valuation

  • Standard Deviation: 0.2271
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 495,635
  • High Value: 608,219
  • Low Value: 383,050

    Market Valuation

  • Market Total Value: $402,840
  • Market Land Value: $72,750
  • Market Improvement Value: $330,090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,284
  • Assessed Land Value: $7,275
  • Assessed Improvements Value: $33,009

    Sales

  • Current Sale Contract Date: Nov 15, 2018
  • Current Sale Recording Date: Nov 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1833419162
  • Previous Sale Recording Date: Apr 03, 2013
  • Previous Sale Contract Date: Mar 27, 2013
  • Previous Sale Amount: $355,000
  • 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 Riverside

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$289

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2066 ft²

Average Home Age

85.3 years

Currently For Sale

12 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 1637 Elmwood Avenue, Berwyn, IL, 60402

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 850 ft²
1637 Elmwood Avenue #2, Berwyn, IL, 60402 Listing by Harry Owens
Unit for rent at 2636 Ridgeland Avenue, Berwyn, IL, 60402

$2,150 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
2636 Ridgeland Avenue #1, Berwyn, IL, 60402 Listing by Alfonso Diaz
Unit for rent at 3505 S Oak Park Avenue, Berwyn, IL, 60402

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
3505 S Oak Park Avenue #B1, Berwyn, IL, 60402 Listing by Mark Cerven

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Nicholas Fournier, Scout Real Estate Partners
Data Source: MRED, MLS# MRD12016778
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 261 Herrick Road built and last sold?
The property at 261 Herrick Road was built in 1926 and last sold on Nov 15, 2018 for $412,000.
How much is this home worth?
The estimated value of the home located at 261 Herrick Road is $0.
What are some comparable homes to 261 Herrick Road?
There are currently no comparable homes to 261 Herrick Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Riverside Homes for Sale
Riverside Houses for Sale
Riverside Condos for Sale
Riverside Townhouses for Sale
Riverside Multifamily for Sale
Riverside Commercial for Sale
Riverside Homes with Basements
Riverside Homes with Pools
Nearby Cities
Berwyn Homes for Sale
Brookfield Homes for Sale
Forest Park Homes for Sale
La Grange Homes for Sale
Maywood Homes for Sale
La Grange Park Homes for Sale
Lyons Homes for Sale
Broadview Homes for Sale
Nearby Property Records
Cook County, IL Property Records
DuPage County, IL Property Records
Will County, IL Property Records
Kane County, IL Property Records
Lake County, IL Property Records
Lake County, IN Property Records
Kendall County, IL Property Records
Porter County, IN Property Records
Neighborhoods
Garfield Ridge Real Estate
Nearby Counties
Proviso Homes for Sale
Berwyn Homes for Sale
Top Real Estate Agents
Top Agents in Riverside
Top Agents in Proviso
Top Agents in 60402
Top Agents in Berwyn
Top Agents in Berwyn
Top Agents in Garfield Ridge
Top Agents in 60804
Top Agents in 60513