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Brookfield 60513
3417 Oak Avenue
$620,000
● House - Off Market

3417 Oak Avenue

Brookfield, IL 60513
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,266 Ft²
$3,658
Est. Monthly
5.68%
Cap Rate

About This Property

Beautifully Rebuilt Home featuring 4 bedrooms-one conveniently located on the main floor and three on the second level. The primary suite offers an additional sitting/living area, providing extra space for comfort and relaxation.  This residence includes 2 full bathrooms and an open-concept design that seamlessly connects the kitchen, dining, and living areas. The kitchen boasts high-quality cabinetry, quartz countertops, and brand-new stainless steel appliances.  The fully finished basement offers a warm, inviting family room-ideal for gatherings, entertaining, or quiet evenings at home. Step outside to enjoy a spacious deck and beautifully landscaped backyard, perfect for outdoor living.  Additional highlights include a two-car garage and durable Hardie Board exterior, ensuring both style and longevity.
Unit Size
2,266 Ft²
Days on Market
-
Land Size
-
Price per sqft
$287
Property Type
House
Property Taxes
$466
HOA Dues
-
Year Built
1923

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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.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1923
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 902
  • Gross Building Area: 902
  • Building Area: 902
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 902
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROOKFIELD MANOR
  • Land Acres: 0000000086
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • 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: 15-34-224-012-0000
  • Block: 25
  • Lot: 12
  • Meridian: SEC 34 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8288
  • Longitude: -87.8475

    Address

  • Full Address: 3417 Oak Ave
  • Address - House Number: 3417
  • Address - Street Name: Oak
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Brookfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 1336
  • Zip Code: 60513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $518,502
  • Tax Rate Code Area: 31141

    Appraisal Valuation

  • Standard Deviation: 0.2322
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 285,345
  • High Value: 351,610
  • Low Value: 219,080

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $33,750
  • Market Improvement Value: $206,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $3,375
  • Assessed Improvements Value: $20,625

    Sales

  • Current Sale Contract Date: Jul 21, 2003
  • Current Sale Recording Date: Aug 28, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0324029321
  • Previous Sale Recording Date: Nov 28, 2000
  • Previous Sale Contract Date: Oct 30, 2000
  • Previous Sale Amount: $139,000
  • 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

$276

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1225 ft²

Average Home Age

83.8 years

Currently For Sale

26 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 8718 Plainfield Road, Lyons, IL, 60534

$3,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,421 ft²
8718 Plainfield Road, Lyons, IL, 60534 Listing by Karen Guerra

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Martha Lozano, RE/MAX City
Data Source: MRED, MLS# MRD12467814
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 3417 Oak Avenue built and last sold?
The property at 3417 Oak Avenue was built in 1923 and last sold on Jul 21, 2003 for $187,500.
How much is this home worth?
The estimated value of the home located at 3417 Oak Avenue is $653,070.
What are some comparable homes to 3417 Oak Avenue?
There are currently no comparable homes to 3417 Oak Avenue.
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