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Brookfield 60513
4504 Oak Avenue
$390,000
● House - Off Market

4504 Oak Avenue

Brookfield, IL 60513
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,492 Ft²
$439,824
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

WELCOME to your NEW home!  4 bedrooms and 3 baths.  This impeccable home has been refreshed with new paint and flooring throughout.  Immediately as you enter, you will be impressed by the soaring vaulted ceilings in the living room and dining room. Large kitchen has vaulted ceilings, skylight, a generous prep area with ample room for a table.  The kitchen leads to the patio, and overlooks the family room, with a fireplace.  On this level there is also a bedroom/office and a 1/2 bath.  On the upper level are 3 spacious bedrooms including the en suite master.  2 car attached garage.
Unit Size
2,492 Ft²
Days on Market
-
Land Size
-
Price per sqft
$173
Property Type
House
Property Taxes
$671
HOA Dues
-
Year Built
1987

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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 #11381482)

Price History

Date / Event Date Event Price
Jul 15, 2022 Sold
Premium
Sold
Apr 21, 2022 Listed by Coldwell Banker Realty $429,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,450
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,887
  • Gross Building Area: 1,887
  • Building Area: 1,887
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,887
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SALINGER & COMPANYS BUNGALOW PARK
  • Land Acres: 0000000171
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: OLIVER (SALINGER) & COMPANYS (BUNGALOW)(PARK) SUB SEC 03-38-12

Neighborhood

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

Geography

  • District: 21
  • Parcel: 18-03-415-014-0000
  • Block: 10
  • Lot: 23
  • Meridian: SEC 03 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.8089
  • Longitude: -87.8475

    Address

  • Full Address: 4504 Oak Ave
  • Address - House Number: 4504
  • Address - Street Name: Oak
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Brookfield
  • Carrier Code: C009
  • 4-Digit Zip Code: 2406
  • Zip Code: 60513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $814,833
  • Tax Rate Code Area: 21177

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 430,816
  • High Value: 529,200
  • Low Value: 332,432

    Market Valuation

  • Market Total Value: $410,000
  • Market Land Value: $54,010
  • Market Improvement Value: $355,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,000
  • Assessed Land Value: $5,401
  • Assessed Improvements Value: $35,599

    Sales

  • Current Sale Contract Date: Jul 15, 2022
  • Current Sale Recording Date: Jul 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20277
  • Previous Sale Recording Date: Oct 11, 1994
  • Previous Sale Contract Date: Sep 22, 1994
  • Previous Sale Amount: $220,000
  • 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 Brookfield

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$275

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1165 ft²

Average Home Age

82.4 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
Unit for rent at 641 8th Avenue, La Grange, IL, 60525

$3,950 /mo

  • 4 Beds
  • 3 Baths
  • 2,105 ft²
641 8th Avenue, La Grange, IL, 60525 Listing by Dan Stivers

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Daniel Cacich, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11381482
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 4504 Oak Avenue built and last sold?
The property at 4504 Oak Avenue was built in 1987 and last sold on Jul 15, 2022 for $390,000.
How much is this home worth?
The estimated value of the home located at 4504 Oak Avenue is $0.
What are some comparable homes to 4504 Oak Avenue?
There are currently no comparable homes to 4504 Oak Avenue.
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