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Hillside 60162
4641 Butterfield Road
$240,000
● House - Off Market

4641 Butterfield Road

Hillside, IL 60162
bedrooms
2 Beds
bathrooms
2 Baths
square feet
865 Ft²
$1,889
Est. Monthly
6.93%
Cap Rate

About This Property

This charming ranch property boasts a cozy 2BEDS, 2Full-BATHS layout with an additional BEDROOM in the basement. Perfect for a growing family or hosting guests. Generously sized backyard offers ample space for family gatherings and barbecues. The property features a convenient side driveway and a one-car detached garage. Situated in a prime location, this home offers close proximity to a scenic bike path just across the street, making outdoor activities easily accessible. Furthermore, its convenient location only blocks away from the expressway and near multiple shopping districts ensures residents have easy access to various amenities and entertainment options.
Unit Size
865 Ft²
Days on Market
-
Land Size
-
Price per sqft
$287
Property Type
House
Property Taxes
$671
HOA Dues
-
Year Built
1953

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11984328)

Price History

Date / Event Date Event Price
Jun 10, 2024 Sold
Premium
Sold
Apr 6, 2024 Listed by Living Well Realty Co. $248,000
Listed by Living Well Realty Co.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 28
  • 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: 6,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 300
  • Total Building Area: 865
  • Gross Building Area: 865
  • Building Area: 865
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 865
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLSIDE GARDENS
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: L38 & L39 HILLSIDE GARDENS W1/2 SW1 /4 S8 T39N R12E

Neighborhood

  • School District Name: Proviso Township High School District 209
  • Census Tract: 818300

Geography

  • District: 31
  • Parcel: 15-08-325-027-0000
  • Lot: 38,39
  • Municipality: PROVISO
  • Latitude: 41.8782
  • Longitude: -87.8997

    Address

  • Full Address: 4641 Butterfield Rd
  • Address - House Number: 4641
  • Address - Street Name: Butterfield
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Hillside
  • Carrier Code: C033
  • 4-Digit Zip Code: 1352
  • Zip Code: 60162

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $803,509
  • Tax Rate Code Area: 31031

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 292,993
  • High Value: 359,903
  • Low Value: 226,083

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $33,000
  • Market Improvement Value: $197,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $3,300
  • Assessed Improvements Value: $19,700

    Sales

  • Current Sale Contract Date: Sep 27, 1994
  • Current Sale Recording Date: Oct 05, 1994
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 94859557
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 Hillside

Stats & Trends

Median Asking:

$338,900

Sale Price/ft²

$257

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1330 ft²

Average Home Age

73 years

Currently For Sale

6 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 631 Balmoral Avenue, Westchester, IL, 60154

$2,100 /mo

  • 2 Beds
  • 1 Bath
  • 903 ft²
631 Balmoral Avenue, Westchester, IL, 60154 Listing by Donna Catalano Scumaci

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: LaShonda Williams, Living Well Realty Co.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11984328
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 4641 Butterfield Road built and last sold?
The property at 4641 Butterfield Road was built in 1953 and last sold on Sep 27, 1994 for $97,500.
How much is this home worth?
The estimated value of the home located at 4641 Butterfield Road is $250,075.
What are some comparable homes to 4641 Butterfield Road?
There are currently no comparable homes to 4641 Butterfield Road.
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