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Riverside 60546
399 Longcommon Road
$315,000
● House - Off Market

399 Longcommon Road

Riverside, IL 60546
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,708 Ft²
$491,613
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Wonderful opportunity to own a charming home on a coveted Riverside street! This centrally located home makes walking to the train, schools, park, and downtown Riverside a breeze! Featuring a great layout + many updates with the opportunity to add your own personal touches. There are 3 generously sized bedrooms, plus a bonus space to make into a play area or huge master suite, 2 full baths and a powder room. Huge basement with awesome rec area featuring a tiki bar plus ample storage space. This home was originally built by a local builder for himself - rock solid full masonry construction! Updates include new hot water heater, refinished and / or replaced hardwood flooring throughout, and most windows are modern thermopane. A large yard and all brick 2 car garage complete this package! This is a great home that can be made awesome with some updating and sweat equity! It's been loved and maintained by the same owner for many years, and recently lived-in, but is conveyed "as is".
Unit Size
1,708 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$196
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
1950

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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

Building Info

Overview

    General

  • Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 63
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 8,183
  • Total Building Area: 1,708
  • Gross Building Area: 1,708
  • Building Area: 1,708
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,708
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERSIDE
  • Land Acres: 0000000188
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05

Neighborhood

  • School District Name: Riverside Brookfield Township School District 208
  • Census Tract: 815701

Geography

  • District: 34
  • Parcel: 15-25-411-054-0000
  • Block: 27
  • Lot: 1142
  • Meridian: SEC 25 TWN 39N RNG 12E
  • Municipality: RIVERSIDE
  • Latitude: 41.8375
  • Longitude: -87.8088

    Address

  • Full Address: 399 Longcommon Rd
  • Address - House Number: 399
  • Address - Street Name: Longcommon
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Riverside
  • Carrier Code: C006
  • 4-Digit Zip Code: 1766
  • Zip Code: 60546

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,075,553
  • Tax Rate Code Area: 34006

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 449,641
  • High Value: 552,312
  • Low Value: 346,970

    Market Valuation

  • Market Total Value: $490,000
  • Market Land Value: $81,830
  • Market Improvement Value: $408,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,000
  • Assessed Land Value: $8,183
  • Assessed Improvements Value: $40,817

    Sales

  • Current Sale Contract Date: Jun 14, 2019
  • Current Sale Recording Date: Jul 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1919134079

    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 Riverside

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$288

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1986 ft²

Average Home Age

96.2 years

Currently For Sale

7 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 3109 Grove Avenue, Berwyn, IL, 60402

$2,100 /mo

  • 3 Beds
  • 1 Bath
  • 960 ft²
3109 Grove Avenue #1, Berwyn, IL, 60402 Listing by Sameer Ismaili
Unit for rent at 2125 Wesley Avenue, Berwyn, IL, 60402

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
2125 Wesley Avenue, Berwyn, IL, 60402 Listing by Alejandra Salazar
Unit for rent at 1637 Elmwood Avenue, Berwyn, IL, 60402

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 810 ft²
1637 Elmwood Avenue #2, Berwyn, IL, 60402 Listing by Harry Owens

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Nicholas Fournier, Scout Real Estate Partners
Data Source: MRED, MLS# MRD10362263
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 399 Longcommon Road built and last sold?
The property at 399 Longcommon Road was built in 1950 and last sold on Jun 14, 2019 for $315,000.
How much is this home worth?
The estimated value of the home located at 399 Longcommon Road is $344,639.
What are some comparable homes to 399 Longcommon Road?
There are currently no comparable homes to 399 Longcommon Road.
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