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Brookfield 60513
4324 Forest Avenue
$275,000
● House - Off Market

4324 Forest Avenue

Brookfield, IL 60513
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,084 Ft²
$295,053
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Come see this wonderful raised ranch. The has good size bedrooms, Hardwood floors in the bedrooms and Livingroom. Eat in kitchen with plenty of cabinet space is a must see. The house does need some TLC but is in move in condition. Great location, LT townships high school.
Unit Size
1,084 Ft²
Days on Market
-
Land Size
-
Price per sqft
$268
Property Type
House
Property Taxes
$642
HOA Dues
-
Year Built
1966

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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 #11722444)

Price History

Date / Event Date Event Price
Apr 4, 2023 Sold
Premium
Sold
Feb 20, 2023 Listed by Coldwell Banker Realty $290,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • 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: 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: 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: 5,985
  • Total Building Area: 1,084
  • Gross Building Area: 1,084
  • Building Area: 1,084
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,084
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AUSPITZ & OAKES BROOKFIELD
  • Land Acres: 0000000137
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (AUSPITZ) & (OAKES)(BROOKFIELD) PARK SUB SE SEC 03-38-12

Neighborhood

  • School District Name: Lyons Township High School District 204
  • Census Tract: 819400

Geography

  • District: 21
  • Parcel: 18-03-404-047-0000
  • Lot: 212
  • Meridian: SEC 03 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.8121
  • Longitude: -87.8429

    Address

  • Full Address: 4324 Forest Ave
  • Address - House Number: 4324
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Brookfield
  • Carrier Code: C003
  • 4-Digit Zip Code: 2505
  • Zip Code: 60513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $805,242
  • Tax Rate Code Area: 21197

    Appraisal Valuation

  • Standard Deviation: 0.24
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 320,429
  • High Value: 397,350
  • Low Value: 243,508

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $43,390
  • Market Improvement Value: $236,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $4,339
  • Assessed Improvements Value: $23,661

    Sales

  • Current Sale Contract Date: Apr 04, 2023
  • Current Sale Recording Date: May 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28027
  • Previous Sale Recording Date: Jul 19, 2021
  • Previous Sale Contract Date: May 25, 2021
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: 27
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:

$405,000

Sale Price/ft²

$275

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1285 ft²

Average Home Age

84.2 years

Currently For Sale

24 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 516 S La Grange Road, La Grange, IL, 60525

$3,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
516 S La Grange Road #1, La Grange, IL, 60525 Listing by Jordan Zwiezen
Unit for rent at 8718 Plainfield Road, Lyons, IL, 60534

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,421 ft²
8718 Plainfield Road, Lyons, IL, 60534 Listing by Karen Guerra

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Julija Jovanovic, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11722444
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 4324 Forest Avenue built and last sold?
The property at 4324 Forest Avenue was built in 1966 and last sold on Apr 4, 2023 for $275,000.
How much is this home worth?
The estimated value of the home located at 4324 Forest Avenue is $292,322.
What are some comparable homes to 4324 Forest Avenue?
There are currently no comparable homes to 4324 Forest Avenue.
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