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Franklin Park 60131 Franklin Park
Undisclosed Address
$252,500
● House - Off Market

Undisclosed Address

FRANKLIN PARK, IL 60131
bedrooms
3 Beds
bathrooms
2 Baths
$434,798
RealtyHop Estimate
70.58%
Since Apr 1, 2007
National-US
Primary Model

About This Property

GREAT PRICED CAPE COD! 3 BEDROOMS, 2 BATHS, OWNER REFINISHED HARDWOOD FLOORS 12/06. AND IS UPDATING LIVING RM, KITCHEN, & MASTER BDRM. ROOF 3 YRS OLD. FULL FINISHED BAEMENT USED AS RECK RM, W/ NICE FIREPLACE & DRY BAR. PERFECT YARD WITH NICE DECK AND PATIO. QUITE STREET. CLOSE TO SHOPPING,EXPRESSWAYS, & SCHOOLS. HOME WARRANTY INCLUDED! EASY TO SHOW!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$207
HOA Dues
-
Year Built
1945

Payment Calculator

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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

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • 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: 5,850
  • Lot Size Depth Feet: 450
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 1,128
  • Gross Building Area: 1,128
  • Building Area: 1,128
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,128
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTBROOK UNIT2
  • Land Acres: 0000000134
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (WESTBROOK)(UNIT2) BEING MILLS & SONS SUB IN EH SEC 28-40-12

Neighborhood

  • School District Name: Franklin Park School District 84
  • Census Tract: 811402

Geography

  • District: 20
  • Parcel: 12-28-404-035-0000
  • Block: 9
  • Lot: 11
  • Meridian: SEC 28 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9288
  • Longitude: -87.8717

    Address

  • Full Address: 2726 Elder Ln
  • Legal Unit: 2
  • Address - House Number: 2726
  • Address - Street Name: Elder
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Franklin Park
  • Carrier Code: C007
  • 4-Digit Zip Code: 3226
  • Zip Code: 60131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $708,253
  • Tax Rate Code Area: 20028

    Appraisal Valuation

  • Standard Deviation: 0.2082
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 319,587
  • High Value: 386,147
  • Low Value: 253,027

    Market Valuation

  • Market Total Value: $260,010
  • Market Land Value: $43,880
  • Market Improvement Value: $216,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,001
  • Assessed Land Value: $4,388
  • Assessed Improvements Value: $21,613

    Sales

  • Current Sale Contract Date: Jun 02, 2021
  • Current Sale Recording Date: Aug 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2123004174
  • Previous Sale Recording Date: Apr 28, 2017
  • Previous Sale Contract Date: Apr 20, 2017
  • Previous Sale Amount: $225,000
  • 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 Franklin Park

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$264

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1567 ft²

Average Home Age

68.8 years

Currently For Sale

26 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 221 E Dickens Avenue, Northlake, IL, 60164

$2,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,325 ft²
221 E Dickens Avenue, Northlake, IL, 60164 Listing by Ana Ramirez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: PAUL MADEY, Century 21 Dustan Herman
Data Source: MRED, MLS# MRD06325023
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 2726 Elder Lane built and last sold?
The property at 2726 Elder Lane was built in 1945 and last sold on Jun 2, 2021 for $270,000.
How much is this home worth?
The estimated value of the home located at 2726 Elder Lane is $0.
What are some comparable homes to 2726 Elder Lane?
There are currently no comparable homes to 2726 Elder Lane.
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