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Elmhurst 60126
331 N Addison Avenue
$360,000
● House - Off Market

331 N Addison Avenue

Elmhurst, IL 60126
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
2,100 Ft²
$450,069
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

LOCATION LOCATION LOCATION!!!!  Absolutely FABULOUS property in the heart of Elmhurst. Walking distance to downtown, shops, restaurants, train station, and more!!  Just a few blocks and hop on the highway too! This SOLID home sits on a large lot, AND a rare extra lot is included, making this an even more awesome find in this market.  Large house with 4 bedrooms (plus one below grade). TONS of closet and storage space in this one! This house has been well loved, and is ready for someone with an eye for design and  to revive it throughout.  Customize this diamond in the rough into the shining star on the block!! Furnace and A/C replaced in 2014 and regularly maintained. New windows throughout in the last few years. Property sold as-is.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$190
Property Type
House
Property Taxes
$765
HOA Dues
-
Year Built
-

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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 #11110717)

Price History

Date / Event Date Event Price
Oct 6, 2021 Sold
Premium
Sold
Jun 3, 2021 Listed by Real People Realty, Inc $399,900
Listed by Real People Realty, Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 186
  • Lot Size Frontage Feet: 25
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: A D GRAUES SUB OF NORTH ELMHURST
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: A D GRAUES SUB OF NORTH ELMHURST S 25 FT

Neighborhood

  • School District Name: Elmhurst School District 205
  • School Tax School District: DISTRICT 205
  • Census Tract: 840600

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3027-E1
  • Parcel: 03-35-418-002
  • Block: 1
  • Lot: 14
  • Municipality: ADDISON
  • Latitude: 41.908
  • Longitude: -87.9411

    Address

  • Full Address: 331 N Addison Ave
  • Address - House Number: 331
  • Street Direction: N
  • Address - Street Name: Addison
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elmhurst
  • Carrier Code: C043
  • 4-Digit Zip Code: 2305
  • Zip Code: 60126

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,112
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 3062

    Appraisal Valuation

  • Standard Deviation: 0.4324
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 13
  • Final Value: 37,532
  • High Value: 53,762
  • Low Value: 21,301

    Market Valuation

  • Market Total Value: $9,360
  • Market Land Value: $9,360

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,120
  • Assessed Land Value: $3,120

    Sales

  • Current Sale Contract Date: Oct 04, 2021
  • Current Sale Recording Date: Oct 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021-150384
  • Previous Sale Recording Date: Jul 08, 1997
  • Previous Sale Contract Date: May 12, 1997
  • Previous Sale Document Type: 69

    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 Elmhurst

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$366

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2698 ft²

Average Home Age

42.3 years

Currently For Sale

82 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 607 N Van Auken Street, Elmhurst, IL, 60126

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,823 ft²
607 N Van Auken Street, Elmhurst, IL, 60126 Listing by Luis Lopez
Unit for rent at 586 S Hawthorne Avenue, Elmhurst, IL, 60126

$4,250 /mo

  • 3 Beds
  • 3 Baths
  • 1,938 ft²
586 S Hawthorne Avenue, Elmhurst, IL, 60126 Listing by Patricia DiCianni

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sandy Klemm, Real People Realty, Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11110717
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 331 North Addison Avenue built and last sold?
The property at 331 North Addison Avenue was built in and last sold on Oct 4, 2021 for $360,000.
How much is this home worth?
The estimated value of the home located at 331 North Addison Avenue is $0.
What are some comparable homes to 331 North Addison Avenue?
There are currently no comparable homes to 331 North Addison Avenue.
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