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Cook 60164
3146 DERROUGH Avenue
$185,000
● House - Off Market

3146 DERROUGH Avenue

MELROSE PARK, IL 60164
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,570 Ft²
$308,956
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Short sale.  Very well maintained cape cod with full rear dormer and first floor addition.  Huge lot.  Dead end street.  Truly a move in condition house.  Full basement ready for your finishing touches.  Windows replaced.  Soundproofed.  Siding 10 years old.  Circuit breaker electric.  2 car garage with side drive.
Unit Size
1,570 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$119
Property Type
House
Property Taxes
$444
HOA Dues
-
Year Built
1948

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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 #09385625)

Price History

Date / Event Date Event Price
Mar 27, 2017 Sold
Premium
Sold
Nov 7, 2016 Listed by Re/Max 1st $187,500
Listed by Re/Max 1st

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • 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: 14,100
  • Total Building Area: 1,570
  • Gross Building Area: 1,570
  • Building Area: 1,570
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,570
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MIDLAND DEV COS GRAND
  • Land Acres: 0000000324
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Mannheim School District 83
  • Census Tract: 811701

Geography

  • District: 20
  • Parcel: 12-30-205-027-0000
  • Block: 18
  • Lot: 20
  • Meridian: SEC 30 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9354
  • Longitude: -87.9094

    Address

  • Full Address: 3146 Derrough Ave
  • Address - House Number: 3146
  • Address - Street Name: Derrough
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Melrose Park
  • Carrier Code: C053
  • 4-Digit Zip Code: 1017
  • Zip Code: 60164

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $708,075
  • Tax Rate Code Area: 20011

    Appraisal Valuation

  • Standard Deviation: 0.2503
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 311,623
  • High Value: 389,650
  • Low Value: 233,595

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $63,450
  • Market Improvement Value: $176,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $6,345
  • Assessed Improvements Value: $17,655

    Sales

  • Current Sale Contract Date: Mar 22, 2017
  • Current Sale Recording Date: Mar 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1709039084
  • Previous Sale Recording Date: Sep 05, 1995
  • Previous Sale Contract Date: Aug 01, 1995
  • Previous Sale Amount: $4,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Cook

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$242

Above Asking

1.66%

Average Days on Market

45

Average Home Size

1486 ft²

Average Home Age

65.2 years

Currently For Sale

9025 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 1st
Last Updated: 3 years ago
Data Source: MRED, MLS# 09385625
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 3146 Derrough Avenue built and last sold?
The property at 3146 Derrough Avenue was built in 1948 and last sold on Mar 22, 2017 for $185,000.
How much is this home worth?
The estimated value of the home located at 3146 Derrough Avenue is $0.
What are some comparable homes to 3146 Derrough Avenue?
There are currently no comparable homes to 3146 Derrough Avenue.
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