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Schiller Park 60176 Schiller Park
3837 Emerson Drive
$390,000
● House - Off Market

3837 Emerson Drive

Schiller Park, IL 60176
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,100 Ft²
$2,591
Est. Monthly
12.87%
Cap Rate

About This Property

WOW!! TAKE A 3D TOUR - CLICK ON THE 3D BUTTON AND ENJOY!! OMG! Stunning brick home in Schiller Park! This spacious 4-bedroom, 2.5-bathroom home offers three levels of living, including a beautifully finished lower level with full bathroom! Enjoy tons of natural light, hardwood floors throughout, and a large family room! Kitchen features newer stainless-steel appliances. Outside, you'll find a huge patio and backyard-perfect for entertaining! Located near Rosemont Outlet and just minutes from Park Ridge, Rosemont, and Norridge-this is a prime Schiller Park location! Close to parks, restaurants, shopping, schools, train, airport, and expressways! You can't beat it! TAKE ADVANTAGE OF THIS, GREAT INVESTMENT!! YOU'RE GOING TO LOVE IT!
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$181
Property Type
House
Property Taxes
$724
HOA Dues
-
Year Built
1963

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 300
  • 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: 5,060
  • Total Building Area: 1,247
  • Gross Building Area: 1,247
  • Building Area: 1,247
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,247
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 3
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDEN MANOR
  • Land Acres: 0000000116
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34

Neighborhood

  • School District Name: Schiller Park School District 81
  • Census Tract: 811600

Geography

  • District: 20
  • Parcel: 12-21-221-058-0000
  • Lot: 182
  • Meridian: SEC 21 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9485
  • Longitude: -87.8739

    Address

  • Full Address: 3837 Emerson Dr
  • Address - House Number: 3837
  • Address - Street Name: Emerson
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Schiller Park
  • Carrier Code: C047
  • 4-Digit Zip Code: 2408
  • Zip Code: 60176

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $869,129
  • Tax Rate Code Area: 20023

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 329,973
  • High Value: 406,647
  • Low Value: 253,299

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $45,540
  • Market Improvement Value: $224,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $4,554
  • Assessed Improvements Value: $22,446

    Sales

  • Current Sale Contract Date: Mar 10, 2023
  • Current Sale Recording Date: Mar 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 46121
  • Previous Sale Recording Date: Nov 19, 2010
  • Previous Sale Contract Date: Oct 12, 2010
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: 27
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 Schiller Park

Stats & Trends

Median Asking:

$317,400

Sale Price/ft²

$225

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1087 ft²

Average Home Age

57.7 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

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MRED

Listed by: Gregorio Cirone, xr realty
Data Source: MRED, MLS# MRD12449719
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 3837 Emerson Drive built and last sold?
The property at 3837 Emerson Drive was built in 1963 and last sold on Mar 10, 2023 for $308,000.
How much is this home worth?
The estimated value of the home located at 3837 Emerson Drive is $389,914.
What are some comparable homes to 3837 Emerson Drive?
There are currently no comparable homes to 3837 Emerson Drive.
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