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Brookfield 60513
3125 Madison Avenue
$305,000
● House - Off Market

3125 Madison Avenue

Brookfield, IL 60513
bedrooms
4 Beds
bathrooms
2 Baths
square feet
980 Ft²
$355,741
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

This Brookfield beauty has 4 bedrooms & 2 full bathrooms split evenly between the main level & upstairs. Numerous large windows allow for lots of natural light in every room. Hardwood floors throughout. Combination kitchen / kitchenette & dining room provide space for everyone to gather. Upstairs features an additional full kitchen which could easy continue as an "in-law unit" or be reconverted into a standard 2 bedrooms arrangement or larger primary bedroom with walk-in closets! Large, walkout basement and two-car garage make for endless storage possibilities. Well maintained & on a large lot, this home is ideally located with easy access to shopping, highways, schools, medical facilities, zoo, forest preserves & parks.
Unit Size
980 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$329
Property Type
House
Property Taxes
$479
HOA Dues
-
Year Built
1953

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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 #11175331)

Price History

Date / Event Date Event Price
Dec 23, 2021 Sold
Premium
Sold
Aug 1, 2021 Listed by @properties $322,900
Listed by @properties

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 150
  • 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: 6,300
  • Total Building Area: 793
  • Gross Building Area: 793
  • Building Area: 793
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 793
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GROSS SECOND ADD TO GROSSDALE
  • Land Acres: 0000000145
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: S E (GROSS)(SECOND) ADD TO (GROSSDALE) IN SEC 34-39-12

Neighborhood

  • School District Name: Riverside Brookfield Township School District 208
  • Census Tract: 818800

Geography

  • District: 31
  • Parcel: 15-34-105-055-0000
  • Block: 66
  • Lot: 37,36
  • Meridian: SEC 34 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8339
  • Longitude: -87.8539

    Address

  • Full Address: 3125 Madison Ave
  • Address - House Number: 3125
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Brookfield
  • Carrier Code: C008
  • 4-Digit Zip Code: 1226
  • Zip Code: 60513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $996,799
  • Tax Rate Code Area: 31054

    Appraisal Valuation

  • Standard Deviation: 0.2069
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 343,033
  • High Value: 414,038
  • Low Value: 272,027

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $47,250
  • Market Improvement Value: $222,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $4,725
  • Assessed Improvements Value: $22,275

    Sales

  • Current Sale Contract Date: Dec 20, 2021
  • Current Sale Recording Date: Dec 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2136307077
  • Previous Sale Recording Date: Apr 26, 2001
  • Previous Sale Contract Date: Mar 29, 2001
  • Previous Sale Amount: $169,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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 Brookfield

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$275

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1330 ft²

Average Home Age

81.1 years

Currently For Sale

32 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 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: Jason Hinsley, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11175331
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 3125 Madison Avenue built and last sold?
The property at 3125 Madison Avenue was built in 1953 and last sold on Dec 20, 2021 for $305,000.
How much is this home worth?
The estimated value of the home located at 3125 Madison Avenue is $0.
What are some comparable homes to 3125 Madison Avenue?
There are currently no comparable homes to 3125 Madison Avenue.
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