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Riverside 60546
308 Gage Road
$825,000
● House - Off Market

308 Gage Road

Riverside, IL 60546
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,100 Ft²
$785,621
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Beautiful expanded 4 bedroom/3.5 bath brick English Tudor. This exquisite home has been professionally updated to blend modern conveniences with old world charm. Large living room with fireplace & built-in bookcases blends seamlessly into the formal dining room. Dream kitchen with custom cabinets. Integrated cabinet appliances. Gourmet cast iron Aga range. Expansive 1st floor family room with French doors leads to a lovely covered deck overlooking brick patio & landscaped yard. Tranquil primary bedroom suite includes private sitting room, spa like bathroom with double sinks, marble counter tops, & spacious shower. Walk in closet. Two additional bedrooms & full bath complete this level. Finished lower level features a separate media room, bedroom & a full bath.
Unit Size
3,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$250
Property Type
House
Property Taxes
$1,524
HOA Dues
-
Year Built
1930

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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 #11337330)

Price History

Date / Event Date Event Price
Apr 15, 2022 Sold
Premium
Sold
Mar 1, 2022 Listed by @properties Christie�s International Real Estate $775,000
Listed by @properties Christie�s International Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 28
  • Exterior Walls Type: 24
  • 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: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,517
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,574
  • Gross Building Area: 2,574
  • Building Area: 2,574
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,574
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERSIDE A PT OF THE 2ND DIV IN SEC 3
  • Land Acres: 0000000196
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: (RIVERSIDE) A PT OF THE 2ND DIV IN SEC 36-39-12

Neighborhood

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

Geography

  • District: 34
  • Parcel: 15-36-401-039-0000
  • Block: 6
  • Lot: 349
  • Meridian: SEC 36 TWN 39N RNG 12E
  • Municipality: RIVERSIDE
  • Latitude: 41.8278
  • Longitude: -87.8064

    Address

  • Full Address: 308 Gage Rd
  • Address - House Number: 308
  • Address - Street Name: Gage
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Riverside
  • Carrier Code: C012
  • 4-Digit Zip Code: 2316
  • Zip Code: 60546

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,836,105
  • Tax Rate Code Area: 34006

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 666,275
  • High Value: 818,413
  • Low Value: 514,138

    Market Valuation

  • Market Total Value: $587,640
  • Market Land Value: $85,170
  • Market Improvement Value: $502,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,764
  • Assessed Land Value: $8,517
  • Assessed Improvements Value: $50,247

    Sales

  • Current Sale Contract Date: Apr 03, 2022
  • Current Sale Recording Date: Apr 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2210918310
  • Previous Sale Recording Date: Apr 19, 2022
  • Previous Sale Contract Date: Apr 13, 2022
  • Previous Sale Amount: $825,000
  • 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 2337 Park Avenue, North Riverside, IL, 60546

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 960 ft²
2337 Park Avenue, North Riverside, IL, 60546 Listing by Anna Gillian Cramer
Unit for rent at 8718 Plainfield Road, Lyons, IL, 60534

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,421 ft²
8718 Plainfield Road, Lyons, IL, 60534 Listing by Karen Guerra

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jeff Baker, @properties Christie�s International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11337330
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 308 Gage Road built and last sold?
The property at 308 Gage Road was built in 1930 and last sold on Apr 3, 2022 for $825,000.
How much is this home worth?
The estimated value of the home located at 308 Gage Road is $0.
What are some comparable homes to 308 Gage Road?
There are currently no comparable homes to 308 Gage Road.
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