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Brookfield 60513
4416 Forest Avenue
$325,000
● House - Off Market

4416 Forest Avenue

Brookfield, IL 60513
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$367,862
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Amazing solid brick construction split-level home on quiet residential street, walking distance to large public park, local elementary school & metra train station. Refinished oak floors throughout, large updated kitchen with brand new appliances, large finished basement w/ exterior access, separate laundry area & full bath, large fenced yard, 2 car garage & side drive. Bathrooms have been tastefully updated. MUST SEE!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$275
Property Type
House
Property Taxes
$493
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 #11251241)

Price History

Date / Event Date Event Price
Nov 29, 2021 Sold
Premium
Sold
Oct 18, 2021 Listed by Kale Realty $329,900
Listed by Kale Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,985
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,200
  • 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: 2-34
  • 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: 18-03-409-058-0000
  • Lot: 188,1
  • Meridian: SEC 03 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.8099
  • Longitude: -87.8428

    Address

  • Full Address: 4416 Forest Ave
  • Address - House Number: 4416
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Brookfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 2507
  • Zip Code: 60513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $691,553
  • Tax Rate Code Area: 21197

    Appraisal Valuation

  • Standard Deviation: 0.2297
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 346,508
  • High Value: 426,117
  • Low Value: 266,900

    Market Valuation

  • Market Total Value: $310,000
  • Market Land Value: $43,390
  • Market Improvement Value: $266,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,000
  • Assessed Land Value: $4,339
  • Assessed Improvements Value: $26,661

    Sales

  • Current Sale Contract Date: Nov 23, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2134046116
  • Previous Sale Recording Date: Oct 22, 2021
  • Previous Sale Contract Date: Sep 16, 2021
  • Previous Sale Amount: $204,000
  • Previous Sale Document Type: 34

    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 Brookfield

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$276

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1274 ft²

Average Home Age

83.3 years

Currently For Sale

25 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: Brian Wacht, Kale Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11251241
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 4416 Forest Avenue built and last sold?
The property at 4416 Forest Avenue was built in 1966 and last sold on Nov 23, 2021 for $325,000.
How much is this home worth?
The estimated value of the home located at 4416 Forest Avenue is $0.
What are some comparable homes to 4416 Forest Avenue?
There are currently no comparable homes to 4416 Forest Avenue.
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