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Brookfield 60513
3841 Arden Avenue
$292,000
● House - Off Market

3841 Arden Avenue

Brookfield, IL 60513
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,017 Ft²
$308,827
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Charming and well maintained 3 Bedroom/2 Bath, Brick home with an expansive back yard in one of the most sought neighborhoods in Brookfield. Beautiful hardwood floors and a newer kitchen with granite counters - this home is move in ready! Surrounded by beautiful nature, parks, and Brookfield ZOO. Train and Award-Winning schools are blocks away including Hollywood Elementary, J L Hauser and Riverside Brookfield HS. This is urban suburban living at it's best. Come check it out! **Home has been lovingly maintained by same owner for over 50 years and is being conveyed as is**
Unit Size
1,017 Ft²
Days on Market
-
Land Size
-
Price per sqft
$295
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
1951

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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 #11155492)

Price History

Date / Event Date Event Price
Mar 11, 2022 Sold
Premium
Sold
Jul 16, 2021 Listed by Baird & Warner $299,900
Listed by Baird & Warner

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • 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: 12
  • Building Style: 3
  • Exterior Walls Type: 24
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,500
  • Total Building Area: 1,017
  • Gross Building Area: 1,017
  • Building Area: 1,017
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,017
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIRST ADDITION TO HOLLYWOOD
  • 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: 815800

Geography

  • District: 34
  • Parcel: 15-35-319-008-0000
  • Meridian: SEC 35 TWN 39N RNG 12E
  • Municipality: RIVERSIDE
  • Latitude: 41.8212
  • Longitude: -87.8382

    Address

  • Full Address: 3841 Arden Ave
  • Address - House Number: 3841
  • Address - Street Name: Arden
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Brookfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 2106
  • Zip Code: 60513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $722,817
  • Tax Rate Code Area: 34002

    Appraisal Valuation

  • Standard Deviation: 0.2322
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 332,025
  • High Value: 409,131
  • Low Value: 254,919

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $112,500
  • Market Improvement Value: $187,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $11,250
  • Assessed Improvements Value: $18,750

    Sales

  • Current Sale Contract Date: Mar 03, 2022
  • Current Sale Recording Date: Mar 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2207439468

    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 Brookfield

Stats & Trends

Median Asking:

$413,450

Sale Price/ft²

$275

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1327 ft²

Average Home Age

81.6 years

Currently For Sale

30 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 2337 Park Avenue, North Riverside, IL, 60546

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 960 ft²
2337 Park Avenue, North Riverside, IL, 60546 Listing by Anna Gillian Cramer

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Anne Monckton, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11155492
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 3841 Arden Avenue built and last sold?
The property at 3841 Arden Avenue was built in 1951 and last sold on Mar 3, 2022 for $292,000.
How much is this home worth?
The estimated value of the home located at 3841 Arden Avenue is $0.
What are some comparable homes to 3841 Arden Avenue?
There are currently no comparable homes to 3841 Arden Avenue.
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