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Geneva 60134
421 Cheever Avenue
$478,000
● House - Off Market

421 Cheever Avenue

Geneva, IL 60134
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,173 Ft²
$453,489
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
Unit Size
2,173 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$207
Property Type
House
Property Taxes
$746
HOA Dues
-
Year Built
1971

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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
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 990
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,500
  • Total Building Area: 3,163
  • Gross Building Area: 3,163
  • Building Area: 2,173
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,173
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHEEVERS
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: CHEEVERS ADD E12.5L17 & L16 BLK1

Neighborhood

  • School District Name: Geneva Community Unit School District 304
  • Census Tract: 852608

Geography

  • Parcel: 12-10-131-020
  • Block: 1
  • Lot: 16,17
  • Municipality: GENEVA
  • Latitude: 41.8809
  • Longitude: -88.3123

    Address

  • Full Address: 421 Cheever Ave
  • Address - House Number: 421
  • Address - Street Name: Cheever
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Geneva
  • Carrier Code: C002
  • 4-Digit Zip Code: 3017
  • Zip Code: 60134

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $921,738
  • Tax Rate Code Area: GE005

    Appraisal Valuation

  • Standard Deviation: 0.0882
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 92
  • Final Value: 444,467
  • High Value: 483,706
  • Low Value: 405,229

    Market Valuation

  • Market Total Value: $349,322
  • Market Land Value: $117,596
  • Market Improvement Value: $231,726

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $116,394
  • Assessed Land Value: $39,183
  • Assessed Improvements Value: $77,211

    Sales

  • Current Sale Contract Date: May 26, 2023
  • Current Sale Recording Date: May 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16990
  • Previous Sale Recording Date: Jun 09, 2006
  • Previous Sale Contract Date: Jun 02, 2006
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: 71
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 Geneva

Stats & Trends

Median Asking:

$512,450

Sale Price/ft²

$264

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2042 ft²

Average Home Age

50.8 years

Currently For Sale

45 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 128 E State Street, Geneva, IL, 60134

$3,150 /mo

  • 2 Beds
  • 2 Baths
  • 1,150 ft²
128 E State Street #207, Geneva, IL, 60134 Listing by Steve Chirico

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Lana Erickson, eXp Realty
Data Source: MRED, MLS# MRD11750450
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 421 Cheever Avenue built and last sold?
The property at 421 Cheever Avenue was built in 1971 and last sold on May 26, 2023 for $478,000.
How much is this home worth?
The estimated value of the home located at 421 Cheever Avenue is $0.
What are some comparable homes to 421 Cheever Avenue?
There are currently no comparable homes to 421 Cheever Avenue.
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