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Itasca 60143
309 W Grove
$395,000
● House - Off Market

309 W Grove

ITASCA, IL 60143
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$758,274
RealtyHop Estimate
72.37%
Since Aug 1, 2007
National-US
Primary Model

About This Property

MUST SEE 4 BED/1 BATH IN ITASCA ON 85X373 LOT NEAR NATURE CENTER.  CLOSE TO SCHOOLS,METRA,SHOPPING,PARK DIST AND MUCH MORE.HARDWOOD THROUGHOUT 2ND STORY,SUNROOM AND FP IN LIVING ROOM,NEW ADT SECURITY SYSTEM.PLAT OF SURVEY JUST DONE,AVAILABLE ON REQUEST.THIS LOT IS AN AMAZING FIND IN ITASCA,NEARLY 3/4 ACRE.NEWER ROOF AND SOME WINDOWS.
Unit Size
-
Days on Market
-
Land Size
0.73 acres
Price per sqft
-
Property Type
House
Property Taxes
$559
HOA Dues
-
Year Built
1934

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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: 2 years ago (MRED MLS #06446582)

Price History

Date / Event Date Event Price
Jul 11, 2007 Sold
Premium
Sold
Mar 19, 2007 Listed by Heritage Realty Inc. $439,900
Listed by Heritage Realty Inc.

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 2
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,799
  • Lot Size Depth Feet: 373
  • Lot Size Frontage Feet: 85
  • Total Building Area: 3,336
  • Gross Building Area: 3,336
  • Building Area: 2,916
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,916
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000730
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: W 85 FT E 524 FT N 373 FT LYG W OF W LN OF MAPLE AVE OF NW 1/4 SW 1/4

Neighborhood

  • School District Name: Itasca School District 10
  • School Tax School District: ITASCA
  • Census Tract: 840201

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2914-C6
  • Parcel: 03-08-301-013
  • Meridian: SEC 8 TWN 40N RNG 11E
  • Municipality: ADDISON
  • Latitude: 41.9698
  • Longitude: -88.0165

    Address

  • Full Address: 309 W Grove St
  • Address - House Number: 309
  • Street Direction: W
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: IL
  • City Name: Itasca
  • Carrier Code: C005
  • 4-Digit Zip Code: 2015
  • Zip Code: 60143

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,182,280
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 3087

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 543,462
  • High Value: 626,780
  • Low Value: 460,144

    Market Valuation

  • Market Total Value: $514,860
  • Market Land Value: $243,870
  • Market Improvement Value: $270,990

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $171,620
  • Assessed Land Value: $81,290
  • Assessed Improvements Value: $90,330

    Sales

  • Current Sale Contract Date: Jul 11, 2007
  • Current Sale Recording Date: Jul 16, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: R2007-130269
  • Previous Sale Recording Date: Jan 06, 1997
  • Previous Sale Contract Date: Nov 05, 1996
  • 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 Itasca

Stats & Trends

Median Asking:

$438,999

Sale Price/ft²

$247

Below Asking

0.01%

Average Days on Market

44

Average Home Size

5403 ft²

Average Home Age

31.9 years

Currently For Sale

22 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 126 Bay Drive, Itasca, IL, 60143

$3,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,650 ft²
126 Bay Drive #126, Itasca, IL, 60143 Listing by Eric Ingles
Unit for rent at 411 W Pierce Road, Itasca, IL, 60143

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,950 ft²
411 W Pierce Road, Itasca, IL, 60143 Listing by Oksana Chura

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Heritage Realty Inc.
Last Updated: 2 years ago
Data Source: MRED, MLS# 06446582
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 309 West Grove Street built and last sold?
The property at 309 West Grove Street was built in 1934 and last sold on Jul 11, 2007 for $395,000.
How much is this home worth?
The estimated value of the home located at 309 West Grove Street is $444,299.
What are some comparable homes to 309 West Grove Street?
There are currently no comparable homes to 309 West Grove Street.
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