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Berwyn 60402
2725 Wesley Avenue
$240,000
● House - Off Market

2725 Wesley Avenue

Berwyn, IL 60402
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,814 Ft²
$360,823
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

SELLER LOOKING FOR AN OFFER! Beautiful renovated 4 bedroom PLUS, 2.5 Bath in a great location. Janura Park at the end of the block. Near public transportation, restaurants & shops, and a short drive to I55/I290. Hardwood, tile and carpet floors. Modern kitchen with oak cabinets and granite counter tops. Stainless Steel Appliances. Updated bathrooms with stone tile. Home offers 4 bedrooms, PLUS extra room for den/office, 2nd level includes 2bedrooms & 2nd Family room/Playroom or Office  with a full bathroom. Finished Basement with 1/2bath.   2 Car garage.   Home Warranty from American Home Shield.
Unit Size
1,814 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$132
Property Type
House
Property Taxes
$592
HOA Dues
-
Year Built
1952

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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 #10108309)

Price History

Date / Event Date Event Price
Feb 28, 2019 Sold
Premium
Sold
Oct 10, 2018 Listed by Coldwell Banker Realty $239,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,700
  • Gross Building Area: 1,700
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,700
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK PARK AVE ADDT
  • Land Acres: 0000000086
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: L30 B6 OAK PARK AVENUE ADDT N3/4 X S20AC W1/2 SE1/4 S30 T39N R13E

Neighborhood

  • School District Name: Berwyn South School District 100
  • Census Tract: 815300

Geography

  • District: 11
  • Parcel: 16-30-408-011-0000
  • Block: 6
  • Lot: 30
  • Meridian: SEC 30 TWN 39N RNG 13E
  • Municipality: BERWYN
  • Latitude: 41.8405
  • Longitude: -87.7903

    Address

  • Full Address: 2725 Wesley Ave
  • Address - House Number: 2725
  • Address - Street Name: Wesley
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Berwyn
  • Carrier Code: C008
  • 4-Digit Zip Code: 2540
  • Zip Code: 60402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $859,084
  • Tax Rate Code Area: 11002

    Appraisal Valuation

  • Standard Deviation: 0.237
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 324,655
  • High Value: 401,625
  • Low Value: 247,685

    Market Valuation

  • Market Total Value: $272,040
  • Market Land Value: $45,940
  • Market Improvement Value: $226,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,204
  • Assessed Land Value: $4,594
  • Assessed Improvements Value: $22,610

    Sales

  • Current Sale Contract Date: Feb 28, 2019
  • Current Sale Recording Date: Mar 07, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1906612050
  • Previous Sale Recording Date: Dec 16, 2013
  • Previous Sale Contract Date: Dec 06, 2013
  • Previous Sale Amount: $235,000
  • 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 Berwyn

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$209

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1637 ft²

Average Home Age

92.9 years

Currently For Sale

92 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

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MRED

Listed by: Sharon McILhattan, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 10108309
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 2725 Wesley Avenue built and last sold?
The property at 2725 Wesley Avenue was built in 1952 and last sold on Feb 28, 2019 for $240,000.
How much is this home worth?
The estimated value of the home located at 2725 Wesley Avenue is $0.
What are some comparable homes to 2725 Wesley Avenue?
There are currently no comparable homes to 2725 Wesley Avenue.
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