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Brookfield 60513
3711 Forest Avenue
$282,000
● House - Off Market

3711 Forest Avenue

Brookfield, IL 60513
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,474 Ft²
$290,386
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

TERRIFIC SPLIT LEVEL LOCATED WALKING DISTANCE TO ENTERTAINMENT, DINING, SHOPPING, AND THE METRA.  FEATURES 3 BEDROOMS, 1.1 BATHS, WALKOUT BASEMENT, 1.5 CAR ATTACHED GARAGE, AND FENCED YARD WITH ACCES TO THE CREEK.  UPDATED KITCHEN AND BATHROOM, NEWER ELECTRIC, HVAC, WATER HEATER, AND MORE.  HARDWOOD FLOORS, FIREPLACE, BUILT-INS, AND LOTS OF STORAGE.  A MUST SEE!
Unit Size
1,474 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$197
Property Type
House
Property Taxes
$716
HOA Dues
-
Year Built
1955

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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 #11739285)

Price History

Date / Event Date Event Price
Jun 2, 2023 Sold
Premium
Sold
Mar 16, 2023 Listed by Green Ivy Realty & Prop Mgmt $289,900
Listed by Green Ivy Realty & Prop Mgmt

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,504
  • Total Building Area: 1,474
  • Gross Building Area: 1,474
  • Building Area: 1,474
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,474
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GROSSDALE SUBDIVISION
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Riverside Brookfield Township School District 208
  • Census Tract: 818700

Geography

  • District: 31
  • Parcel: 15-34-415-069-0000
  • Municipality: PROVISO
  • Latitude: 41.8237
  • Longitude: -87.8425

    Address

  • Full Address: 3711 Forest Ave
  • Address - House Number: 3711
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Brookfield
  • Carrier Code: C011
  • 4-Digit Zip Code: 1605
  • Zip Code: 60513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $882,484
  • Tax Rate Code Area: 31054

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 307,939
  • High Value: 339,074
  • Low Value: 276,804

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $93,780
  • Market Improvement Value: $196,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $9,378
  • Assessed Improvements Value: $19,622

    Sales

  • Current Sale Contract Date: May 31, 2023
  • Current Sale Recording Date: Jun 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12058
  • Previous Sale Recording Date: Jul 05, 2013
  • Previous Sale Contract Date: May 09, 2013
  • Previous Sale Amount: $123,000
  • Previous Sale Document Type: 68
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

$273

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1253 ft²

Average Home Age

86.3 years

Currently For Sale

24 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 2334 S 10th Avenue, North Riverside, IL, 60546

$2,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,486 ft²
2334 S 10th Avenue, North Riverside, IL, 60546 Listing by Miguel Zarate

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Russell Rantz, Green Ivy Realty & Prop Mgmt
Last Updated: 3 years ago
Data Source: MRED, MLS# 11739285
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 3711 Forest Avenue built and last sold?
The property at 3711 Forest Avenue was built in 1955 and last sold on May 31, 2023 for $282,000.
How much is this home worth?
The estimated value of the home located at 3711 Forest Avenue is $298,701.
What are some comparable homes to 3711 Forest Avenue?
There are currently no comparable homes to 3711 Forest Avenue.
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