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Brookfield 60513
4015 Forest Avenue
$285,000
● House - Off Market

4015 Forest Avenue

Brookfield, IL 60513
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,536 Ft²
$290,386
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Excellent investment opportunity in the heart of Brookfield, the possibilities are endless in this beautiful single family home on a double lot. Featuring 4 bedrooms, 2 full baths, formal dining room, spacious kitchen, 2 car garage and a full unfinished basement. Beautiful and spacious backyard featuring a deck with a privacy fence, perfect to enjoy those beautiful family gatherings and BBQ's. Two blocks away from the Metra. Walking distance to shops, restaurants, and commuter bus. Property is being sold "As Is".
Unit Size
1,536 Ft²
Days on Market
-
Land Size
-
Price per sqft
$189
Property Type
House
Property Taxes
$496
HOA Dues
-
Year Built
1917

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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

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Total Building Area: 1,436
  • Gross Building Area: 1,436
  • Building Area: 1,436
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,436
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RICKERS ADD TO BROOKFIELD
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (RICKERS) ADD TO (BROOKFIELD) SEC 03-38-12

Neighborhood

  • School District Name: Lyons Township High School District 204
  • Census Tract: 819300

Geography

  • District: 21
  • Parcel: 18-03-214-005-0000
  • Block: 6
  • Lot: 5
  • Meridian: SEC 03 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.818
  • Longitude: -87.8423

    Address

  • Full Address: 4015 Forest Ave
  • Address - House Number: 4015
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Brookfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 2123
  • Zip Code: 60513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $619,491
  • Tax Rate Code Area: 21037

    Appraisal Valuation

  • Standard Deviation: 0.2322
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 323,419
  • High Value: 398,527
  • Low Value: 248,312

    Market Valuation

  • Market Total Value: $310,000
  • Market Land Value: $45,310
  • Market Improvement Value: $264,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,000
  • Assessed Land Value: $4,531
  • Assessed Improvements Value: $26,469

    Sales

  • Current Sale Contract Date: May 31, 2023
  • Current Sale Recording Date: Jun 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33014
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:

$402,500

Sale Price/ft²

$274

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1235 ft²

Average Home Age

85.6 years

Currently For Sale

23 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 4000 Forest Avenue, IL, 60513

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,150 ft²
4000 Forest Avenue #6, IL, 60513 Listing by Brandon Kurdziel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Arturo Olivares, Grandview Realty LLC
Data Source: MRED, MLS# MRD11751226
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 4015 Forest Avenue built and last sold?
The property at 4015 Forest Avenue was built in 1917 and last sold on May 31, 2023 for $285,000.
How much is this home worth?
The estimated value of the home located at 4015 Forest Avenue is $0.
What are some comparable homes to 4015 Forest Avenue?
There are currently no comparable homes to 4015 Forest Avenue.
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