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Riverside 60546
296 Bartram Road
$975,000
● House - Off Market

296 Bartram Road

Riverside, IL 60546
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
3,074 Ft²
$881,812
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Property went under contract before listing
Unit Size
3,074 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$285
Property Type
House
Property Taxes
$1,356
HOA Dues
-
Year Built
1918

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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 #11421335)

Price History

Date / Event Date Event Price
May 31, 2022 Sold
Premium
Sold
Apr 19, 2022 Listed by Keller Williams ONEChicago $875,000
Listed by Keller Williams ONEChicago

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1918
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • 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: 8,670
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,074
  • Gross Building Area: 3,074
  • Building Area: 3,074
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 3,074
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERSIDE 3RD DIV
  • Land Acres: 0000000199
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: L1203 B29 RIVERSIDE 3RD DIVISION S W1/4 S25 T39N R12E

Neighborhood

  • School District Name: Riverside Brookfield Township School District 208
  • Census Tract: 815701

Geography

  • District: 34
  • Parcel: 15-25-307-043-0000
  • Block: 29
  • Lot: 1203
  • Meridian: SEC 25 TWN 39N RNG 12E
  • Municipality: RIVERSIDE
  • Latitude: 41.8375
  • Longitude: -87.8198

    Address

  • Full Address: 296 Bartram Rd
  • Address - House Number: 296
  • Address - Street Name: Bartram
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Riverside
  • Carrier Code: C008
  • 4-Digit Zip Code: 1887
  • Zip Code: 60546

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,738,503
  • Tax Rate Code Area: 34006

    Appraisal Valuation

  • Standard Deviation: 0.2271
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 809,638
  • High Value: 993,549
  • Low Value: 625,727

    Market Valuation

  • Market Total Value: $780,000
  • Market Land Value: $86,700
  • Market Improvement Value: $693,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,000
  • Assessed Land Value: $8,670
  • Assessed Improvements Value: $69,330

    Sales

  • Current Sale Contract Date: May 25, 2022
  • Current Sale Recording Date: Jun 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12092
  • Previous Sale Recording Date: Jun 23, 1994
  • Previous Sale Contract Date: Jun 20, 1994
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: 69
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 8900 31st Street, Brookfield, IL, 60513

$3,800 /mo

  • 3 Beds
  • 3 Baths
  • 2,200 ft²
8900 31st Street #18, Brookfield, IL, 60513 Listing by Ericka Taylor
Unit for rent at 4000 Forest Avenue, IL, 60513

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,150 ft²
4000 Forest Avenue #6, IL, 60513 Listing by Brandon Kurdziel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Anne Dominick, Keller Williams ONEChicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11421335
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 296 Bartram Road built and last sold?
The property at 296 Bartram Road was built in 1918 and last sold on May 25, 2022 for $975,000.
How much is this home worth?
The estimated value of the home located at 296 Bartram Road is $883,750.
What are some comparable homes to 296 Bartram Road?
There are currently no comparable homes to 296 Bartram Road.
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