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Cook 60164
3160 N Wolf Road
$275,000
● House - Off Market

3160 N Wolf Road

Melrose Park, IL 60164
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,981 Ft²
$267,054
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

BIGGER THAN IT LOOKS! Don't let the front appearance of this home deceive you, this is not a small house. You already read it, it offers FOUR bedrooms, TWO FULL BATHS, with a MAIN FLOOR FAMIY ROOM. Take a closer look at the sizes of the front living room, the primary bedroom, the main floor family room, and the kitchen. Not your average layout house on a generous lot size too, at 13,173 square feet, a one third acre of land. Plenty of space to live, work and play. Large covered concrete patio and parking spaces galore. Don't miss it. Current owner of more than 30 years is ready to pass this house to a new owner to love and care for. Low, low, low real estate taxes! Great location, with city access to everything you could need. For a private tour call today.
Unit Size
1,981 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$134
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
1957

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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 #11708919)

Price History

Date / Event Date Event Price
May 31, 2023 Sold
Premium
Sold
Feb 2, 2023 Listed by @properties Christie's International Real Estate $265,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • 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: 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: 13,173
  • Lot Size Depth Feet: 1,670
  • Lot Size Frontage Feet: 780
  • Total Building Area: 1,156
  • Gross Building Area: 1,156
  • Building Area: 1,156
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,156
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MIDLAND DEVELOPMENT COS GRAND & WOLF
  • Land Acres: 0000000302
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (MIDLAND) DEVELOPMENT COS (GRAND) & (WOLF) DEVELOPMEN T SUB OF PT NE SEC 30-40-12

Neighborhood

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

Geography

  • District: 20
  • Parcel: 12-30-208-010-0000
  • Block: 15
  • Lot: 1
  • Meridian: SEC 30 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9358
  • Longitude: -87.9047

    Address

  • Full Address: 3160 N Wolf Rd
  • Address - House Number: 3160
  • Street Direction: N
  • Address - Street Name: Wolf
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Melrose Park
  • Carrier Code: C052
  • 4-Digit Zip Code: 1117
  • Zip Code: 60164

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $496,901
  • Tax Rate Code Area: 20011

    Appraisal Valuation

  • Standard Deviation: 0.2434
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 284,377
  • High Value: 353,610
  • Low Value: 215,144

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $59,280
  • Market Improvement Value: $170,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $5,928
  • Assessed Improvements Value: $17,072

    Sales

  • Current Sale Contract Date: May 16, 2023
  • Current Sale Recording Date: Jun 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6170
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: Eva Sanchez, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11708919
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 3160 North Wolf Road built and last sold?
The property at 3160 North Wolf Road was built in 1957 and last sold on May 16, 2023 for $275,000.
How much is this home worth?
The estimated value of the home located at 3160 North Wolf Road is $276,466.
What are some comparable homes to 3160 North Wolf Road?
There are currently no comparable homes to 3160 North Wolf Road.
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