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Itasca 60143
326 Emmerson Avenue
$330,000
● House - Off Market

326 Emmerson Avenue

Itasca, IL 60143
bedrooms
3 Beds
bathrooms
1 Bath
square feet
894 Ft²
$324,112
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Discover the perfect home in Itasca with this 3-bedroom ranch-style house. Step inside to find the timeless beauty of hardwood floors flowing throughout. The full finished basement offers additional living space, ideal for recreation or hobbies. Outside, a large yard beckons for outdoor gatherings and activities. Plus, this property comes complete with a spacious 2 1/2 car garage, providing ample room for vehicles and storage. Located within the desirable Itasca School District, this home combines comfort, functionality, and an exceptional living experience.
Unit Size
894 Ft²
Days on Market
-
Land Size
-
Price per sqft
$364
Property Type
House
Property Taxes
$454
HOA Dues
-
Year Built
1957

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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 #11824024)

Price History

Date / Event Date Event Price
Jul 31, 2023 Sold
Premium
Sold
Jul 6, 2023 Listed by GMC Realty LTD $324,999
Listed by GMC Realty LTD

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 894
  • Garage Type: 4
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 131
  • Lot Size Frontage Feet: 55
  • Total Building Area: 1,788
  • Gross Building Area: 1,788
  • Building Area: 894
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 894
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: H O STONE & COS ADD TO ITASCA
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: H O STONE & COS ADD TO ITASCA

Neighborhood

  • School District Name: Itasca School District 10
  • School Tax School District: ITASCA
  • Census Tract: 840201

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2914-D7
  • Parcel: 03-08-414-017
  • Block: 12
  • Lot: 15
  • Municipality: ADDISON
  • Latitude: 41.9659
  • Longitude: -88.0023

    Address

  • Full Address: 326 Emmerson Ave
  • Address - House Number: 326
  • Address - Street Name: Emmerson
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Itasca
  • Carrier Code: C013
  • 4-Digit Zip Code: 2211
  • Zip Code: 60143

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $544,882
  • Tax Rate Code Area: 3087

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 303,636
  • High Value: 356,323
  • Low Value: 250,949

    Market Valuation

  • Market Total Value: $246,990
  • Market Land Value: $152,670
  • Market Improvement Value: $94,320

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $82,330
  • Assessed Land Value: $50,890
  • Assessed Improvements Value: $31,440

    Sales

  • Current Sale Contract Date: Jul 27, 2023
  • Current Sale Recording Date: Aug 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 48964
  • Previous Sale Recording Date: Dec 29, 2017
  • Previous Sale Contract Date: Dec 08, 2017
  • Previous Sale Amount: $240,000
  • 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 Itasca

Stats & Trends

Median Asking:

$438,999

Sale Price/ft²

$247

Below Asking

0.01%

Average Days on Market

44

Average Home Size

5403 ft²

Average Home Age

31.9 years

Currently For Sale

22 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 107 Driscoll Lane, Wood Dale, IL, 60191

$2,845 /mo

  • 3 Beds
  • 2 Baths
  • 1,980 ft²
107 Driscoll Lane, Wood Dale, IL, 60191 Listing by Peter Gialamas

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Alexandra Seiler, GMC Realty LTD
Last Updated: 3 years ago
Data Source: MRED, MLS# 11824024
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 326 Emmerson Avenue built and last sold?
The property at 326 Emmerson Avenue was built in 1957 and last sold on Jul 27, 2023 for $330,000.
How much is this home worth?
The estimated value of the home located at 326 Emmerson Avenue is $325,249.
What are some comparable homes to 326 Emmerson Avenue?
There are currently no comparable homes to 326 Emmerson Avenue.
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