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Brookfield 60513
3220 Oak Avenue
$335,000
● House - Off Market

3220 Oak Avenue

BROOKFIELD, IL 60513
bedrooms
3 Beds
bathrooms
2 Baths
$541,293
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Attractive 3-bedroom 2-bath brick Georgian is in the desirable North Brookfield and is close to Metra, forest preserves, Brookfield Zoo, and the excellent schools of districts 95 and 208. The main level features an open and bright living room and dining area, kitchen with all stainless steel appliances and granite counter tops, hardwood floors throughout, and full finished basement which holds the family room, laundry room and a full bath. Other highlights include: fenced back yard, 2-car garage with paved-alley access and large back deck. Recent improvements include: new family room floor (2015), new custom closets in all bedrooms (2015), gut rehab in 2013 included: new water heater, new furnace, new AC, new electrical, new plumbing fixtures and new roof.
Unit Size
-
Days on Market
-
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$513
HOA Dues
-
Year Built
1950

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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 #09584939)

Price History

Date / Event Date Event Price
May 18, 2017 Sold
Premium
Sold
Apr 4, 2017 Listed by Coldwell Banker Residential $335,000
Listed by Coldwell Banker Residential

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • 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: 12
  • Building Style: 63
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,780
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROOKFIELD MANOR
  • Land Acres: 0000000087
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • 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: 818700

Geography

  • District: 31
  • Parcel: 15-34-209-028-0000
  • Block: 10
  • Lot: 8
  • Meridian: SEC 34 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8323
  • Longitude: -87.8486

    Address

  • Full Address: 3220 Oak Ave
  • Address - House Number: 3220
  • Address - Street Name: Oak
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Brookfield
  • Carrier Code: C006
  • 4-Digit Zip Code: 1318
  • Zip Code: 60513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $839,657
  • Tax Rate Code Area: 31054

    Appraisal Valuation

  • Standard Deviation: 0.2297
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 390,057
  • High Value: 479,670
  • Low Value: 300,444

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $34,020
  • Market Improvement Value: $205,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $3,402
  • Assessed Improvements Value: $20,598

    Sales

  • Current Sale Contract Date: May 15, 2017
  • Current Sale Recording Date: Jun 07, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1715808363
  • Previous Sale Recording Date: Jul 30, 2013
  • Previous Sale Contract Date: Jul 22, 2013
  • Previous Sale Amount: $275,000
  • 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 Brookfield

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$274

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1221 ft²

Average Home Age

85.9 years

Currently For Sale

21 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 4134 Park Avenue, Brookfield, IL, 60513

$2,650 /mo

  • 2 Beds
  • 1 Bath
  • 1,180 ft²
4134 Park Avenue, Brookfield, IL, 60513 Listing by Frank Deluca
Unit for rent at 801 Barnsdale Road, La Grange Park, IL, 60526

$2,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,300 ft²
801 Barnsdale Road #2, La Grange Park, IL, 60526 Listing by Lauren Walz
Unit for rent at 4424 Forest Avenue, Brookfield, IL, 60513

$2,600 /mo

  • 3 Beds
  • 1 Bath
  • 1,400 ft²
4424 Forest Avenue #1F, Brookfield, IL, 60513 Listing by Gloria Ulloa

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Coldwell Banker Residential
Last Updated: 3 years ago
Data Source: MRED, MLS# 09584939
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 3220 Oak Avenue built and last sold?
The property at 3220 Oak Avenue was built in 1950 and last sold on May 15, 2017 for $335,000.
How much is this home worth?
The estimated value of the home located at 3220 Oak Avenue is $338,350.
What are some comparable homes to 3220 Oak Avenue?
There are currently no comparable homes to 3220 Oak Avenue.
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