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Lombard 60148
307 Circle Avenue
$300,000
● House - Off Market

307 Circle Avenue

Lombard, IL 60148
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
1,765 Ft²
$351,530
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Attention "rehabbers/investors"" Large tradition 2-story home being some in "AS IS" condition.  3 Bedrooms, 3-1/2 baths, family room, Florida sunroom, full basement.  2 car attached garage. All appliances stay but in as is condition.   Come Take A LOOK.
Unit Size
1,765 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$193
Property Type
House
Property Taxes
$788
HOA Dues
-
Year Built
1966

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Cap Rate Calculator

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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.

Last updated: 3 years ago (MRED MLS #11447087)

Price History

Date / Event Date Event Price
Aug 19, 2022 Sold
Premium
Sold
Jun 25, 2022 Listed by L.W. Reedy Real Estate $340,000
Listed by L.W. Reedy Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 728
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 133
  • Lot Size Frontage Feet: 63
  • Total Building Area: 2,493
  • Gross Building Area: 2,493
  • Building Area: 1,765
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,765
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYN-MAR RESUB
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: LYN-MAR RESUB UNIT NO 2

Neighborhood

  • School District Name: Lombard School District 44
  • School Tax School District: LOMBARD
  • Census Tract: 844201

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3026-C6
  • Parcel: 06-17-117-018
  • Lot: 21
  • Municipality: YORK
  • Latitude: 41.8701
  • Longitude: -88.0102

    Address

  • Full Address: 307 Circle Ave
  • Legal Unit: 2
  • Address - House Number: 307
  • Address - Street Name: Circle
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lombard
  • Carrier Code: C032
  • 4-Digit Zip Code: 3446
  • Zip Code: 60148

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $976,238
  • Tax Rate Code Area: 6011

    Appraisal Valuation

  • Standard Deviation: 0.1726
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 411,013
  • High Value: 481,956
  • Low Value: 340,070

    Market Valuation

  • Market Total Value: $385,020
  • Market Land Value: $58,620
  • Market Improvement Value: $326,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $128,340
  • Assessed Land Value: $19,540
  • Assessed Improvements Value: $108,800

    Sales

  • Current Sale Contract Date: Aug 19, 2022
  • Current Sale Recording Date: Aug 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 79658
  • Previous Sale Recording Date: Sep 14, 2000
  • Previous Sale Contract Date: Aug 21, 2000
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: 27
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 Lombard

Stats & Trends

Median Asking:

$371,450

Sale Price/ft²

$245

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1723 ft²

Average Home Age

51.2 years

Currently For Sale

99 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 27 W Park Boulevard, Villa Park, IL, 60181

$2,671 /mo

  • 1 Bed
  • 2 Baths
  • 1,008 ft²
27 W Park Boulevard #308, Villa Park, IL, 60181 Listing by Craig Ross
Unit for rent at 702 School Street, Lombard, IL, 60148

$2,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,264 ft²
702 School Street, Lombard, IL, 60148 Listing by Fadya Kashkeesh

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Audrey Turner, L.W. Reedy Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11447087
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 307 Circle Avenue built and last sold?
The property at 307 Circle Avenue was built in 1966 and last sold on Aug 19, 2022 for $300,000.
How much is this home worth?
The estimated value of the home located at 307 Circle Avenue is $0.
What are some comparable homes to 307 Circle Avenue?
There are currently no comparable homes to 307 Circle Avenue.
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