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Brookfield 60513
3143 Elm Avenue
$240,000
● House - Off Market

3143 Elm Avenue

Brookfield, IL 60513
bedrooms
4 Beds
bathrooms
1 Bath
$271,313
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Located on a beautiful block sits this cozy 4 bedroom, 1 bath home. The front steps lead directly into an enclosed front porch perfect for summer/fall evenings. The home has family room and dining room with hardwood floors. There are two bedrooms on the first floor with new carpet. The second floor is complete with two additional bedrooms and full bath. There is additional space in the unfinished basement. The large backyard and 2 car garage car complete the vision for home ownership.  The home is being sold "as is".
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$116
HOA Dues
-
Year Built
1927

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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 #11168598)

Price History

Date / Event Date Event Price
Sep 23, 2021 Sold
Premium
Sold
Aug 10, 2021 Listed by Coldwell Banker Realty $239,000
Listed by Coldwell Banker Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 12
  • 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: 4,662
  • Total Building Area: 760
  • Gross Building Area: 760
  • Building Area: 760
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 760
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROOKFIELD MANOR
  • Land Acres: 0000000107
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (BROOKFIELD)(MANOR) SUB OF NE EX RR NE SEC 34-39-12

Neighborhood

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

Geography

  • District: 31
  • Parcel: 15-34-201-043-0000
  • Block: 6
  • Lot: 16
  • Meridian: SEC 34 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8333
  • Longitude: -87.8502

    Address

  • Full Address: 3143 Elm Ave
  • Address - House Number: 3143
  • Address - Street Name: Elm
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Brookfield
  • Carrier Code: C008
  • 4-Digit Zip Code: 1305
  • Zip Code: 60513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $718,814
  • Tax Rate Code Area: 31054

    Appraisal Valuation

  • Standard Deviation: 0.2467
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 286,636
  • High Value: 357,377
  • Low Value: 215,895

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $41,960
  • Market Improvement Value: $178,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $4,196
  • Assessed Improvements Value: $17,804

    Sales

  • Current Sale Contract Date: Sep 21, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2128542020

    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

40

Average Home Size

1165 ft²

Average Home Age

82.4 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

Unit for rent at 8900 31st Street, Brookfield, IL, 60513

$3,800 /mo

  • 3 Beds
  • 3 Baths
  • 2,200 ft²
8900 31st Street #18, Brookfield, IL, 60513 Listing by Ericka Taylor
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: Ellyn Collins, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11168598
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 3143 Elm Avenue built and last sold?
The property at 3143 Elm Avenue was built in 1927 and last sold on Sep 21, 2021 for $240,000.
How much is this home worth?
The estimated value of the home located at 3143 Elm Avenue is $241,390.
What are some comparable homes to 3143 Elm Avenue?
There are currently no comparable homes to 3143 Elm Avenue.
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