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Schiller Park 60176 Schiller Park
4037 Ruby Street
$256,000
● House - Off Market

4037 Ruby Street

Schiller Park, IL 60176
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,113 Ft²
$286,110
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

3 bedroom, 1 bath one story house. Freshly painted and new laminate floors ! 2 car garage. Extra long driveway , nice patio in the back with fenced in back yard! Excellent location close to Starbucks, schools, parks, restaurants and highways. Send all offers with pre-approval letter or recent proof of funds.
Unit Size
1,113 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$225
Property Type
House
Property Taxes
$502
HOA Dues
-
Year Built
1956

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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 #11075497)

Price History

Date / Event Date Event Price
Aug 4, 2021 Sold
Premium
Sold
May 26, 2021 Listed by Baird & Warner $250,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • 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: 5,280
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,113
  • Gross Building Area: 1,113
  • Building Area: 1,113
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,113
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GURR THIRD HOMESTEAD
  • Land Acres: 0000000121
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (GURR)(THIRD)(HOMESTEAD) SUB OF WH WH EH SE SEC 16-40-12

Neighborhood

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

Geography

  • District: 20
  • Parcel: 12-16-412-037-0000
  • Lot: 31
  • Meridian: SEC 16 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9524
  • Longitude: -87.8707

    Address

  • Full Address: 4037 Ruby St
  • Address - House Number: 4037
  • Address - Street Name: Ruby
  • Address - Suffix Type: St
  • State: IL
  • City Name: Schiller Park
  • Carrier Code: C041
  • 4-Digit Zip Code: 2103
  • Zip Code: 60176

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $772,561
  • Tax Rate Code Area: 20023

    Appraisal Valuation

  • Standard Deviation: 0.2491
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 307,783
  • High Value: 384,461
  • Low Value: 231,104

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $47,520
  • Market Improvement Value: $192,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $4,752
  • Assessed Improvements Value: $19,248

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Aug 31, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2124312146
  • Previous Sale Recording Date: Mar 08, 1996
  • Previous Sale Contract Date: Feb 28, 1996
  • Previous Sale Amount: $109,000
  • Previous Sale Document Type: 71

    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 Schiller Park

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$227

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1122 ft²

Average Home Age

51.4 years

Currently For Sale

17 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 2537 Willow Street, Franklin Park, IL, 60131

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,137 ft²
2537 Willow Street, Franklin Park, IL, 60131 Listing by Sylwia Gussy
Unit for rent at 8729 W Summerdale Avenue, Chicago, IL, 60656

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,040 ft²
8729 W Summerdale Avenue #1, Chicago, IL, 60656 Listing by Marek Milewski

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mark Mikina, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11075497
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 4037 Ruby Street built and last sold?
The property at 4037 Ruby Street was built in 1956 and last sold on Jul 29, 2021 for $256,000.
How much is this home worth?
The estimated value of the home located at 4037 Ruby Street is $253,969.
What are some comparable homes to 4037 Ruby Street?
There are currently no comparable homes to 4037 Ruby Street.
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