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Franklin Park 60131 Franklin Park
3123 RUBY Street
$140,000
● House - Off Market

3123 RUBY Street

FRANKLIN PARK, IL 60131
bedrooms
3 Beds
bathrooms
2 Baths
$368,888
RealtyHop Estimate
106.08%
Since Jul 1, 2009
National-US
Primary Model

About This Property

NICE 3 BEDROOM BRICK RANCH IN GREAT LOCATION.  HARDWOOD FLOORS IN LIVING ROOM & BEDROOMS. UPDATED MAIN BATH HAS CERAMIC TILE FLOOR & CORIAN VANITY TOP.  FULL FINISHED BASEMENT HAS 3/4 BATH.  WINDOWS HAVE BEEN REPLACED.  OTHER IMPROVEMENTS INCLUDE NEWER ROOF & HOT WATER HEATER.  WALKING DISTANCE TO METRA TRAIN, PARKS, POOL, COMMUNITY CENTER & STORES.***Short sale.***
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
1954

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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 #07077517)

Price History

Date / Event Date Event Price
Jun 3, 2009 Sold
Premium
Sold
Nov 19, 2008 Listed by RE/MAX Regency $179,000
Listed by RE/MAX Regency

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • 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: 4,650
  • Lot Size Depth Feet: 370
  • Lot Size Frontage Feet: 1,240
  • Total Building Area: 959
  • Gross Building Area: 959
  • Building Area: 959
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 959
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIRST ADD FRANKLIN PARK
  • Land Acres: 0000000107
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (FIRST) ADD (FRANKLIN)(PARK) EX RW CHICAGO & PACIFIC RR & EX PT SAID EH NE LYING S OF CENTER GRAND AVE EH NE SEC 28-40-12

Neighborhood

  • School District Name: Franklin Park School District 84
  • Census Tract: 811401

Geography

  • District: 20
  • Parcel: 12-28-204-034-0000
  • Block: 3
  • Lot: 16,15
  • Meridian: SEC 28 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9358
  • Longitude: -87.8701

    Address

  • Full Address: 3123 Ruby St
  • Address - House Number: 3123
  • Address - Street Name: Ruby
  • Address - Suffix Type: St
  • State: IL
  • City Name: Franklin Park
  • Carrier Code: C011
  • 4-Digit Zip Code: 2629
  • Zip Code: 60131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $823,937
  • Tax Rate Code Area: 20026

    Appraisal Valuation

  • Standard Deviation: 0.2571
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 301,497
  • High Value: 379,042
  • Low Value: 223,952

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $41,850
  • Market Improvement Value: $218,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $4,185
  • Assessed Improvements Value: $21,815

    Sales

  • Current Sale Contract Date: Jun 03, 2009
  • Current Sale Recording Date: Jun 08, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0915931036
  • Previous Sale Recording Date: Jul 15, 1998
  • Previous Sale Contract Date: Jun 30, 1998
  • Previous Sale Amount: $133,000
  • 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 Franklin Park

Stats & Trends

Median Asking:

$359,900

Sale Price/ft²

$266

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1517 ft²

Average Home Age

71.7 years

Currently For Sale

23 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

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MRED

Listed by: Donna Raven, RE/MAX Regency
Last Updated: 3 years ago
Data Source: MRED, MLS# 07077517
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 3123 Ruby Street built and last sold?
The property at 3123 Ruby Street was built in 1954 and last sold on Jun 3, 2009 for $140,000.
How much is this home worth?
The estimated value of the home located at 3123 Ruby Street is $0.
What are some comparable homes to 3123 Ruby Street?
There are currently no comparable homes to 3123 Ruby Street.
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