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Addison 60101
514 E Comstock Avenue
$365,000
● House - Off Market

514 E Comstock Avenue

Addison, IL 60101
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,239 Ft²
$381,813
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Looking for something that's updated and offers tons of space??? Look no further!! This beautiful 2 story home offers 4 bedrooms and 2 baths. Refinished hardwood floors on entire main level. Kitchen has new granite countertops . Completely redone upstairs bathroom. Basement offers the 4th bedroom as well as plenty of space for entertaining next to the gas fireplace. Other updates include newer windows, new water heater, and new paint exterior/interior. Heated garage offers plenty of space for cars and storage. Conveniently located close to schools, shopping, and major highways! Come see today!Multiple offers received. Highest and best due by Friday 12/09 at 1:30pm.
Unit Size
1,239 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$290
Property Type
House
Property Taxes
$479
HOA Dues
-
Year Built
1966

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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 #11679631)

Price History

Date / Event Date Event Price
Dec 30, 2022 Sold
Premium
Sold
Nov 29, 2022 Listed by MVG Real Estate Inc $359,900
Listed by MVG Real Estate Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 19
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 120
  • Lot Size Frontage Feet: 70
  • Total Building Area: 2,317
  • Gross Building Area: 2,317
  • Building Area: 2,317
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,317
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PIONEER SQUARE
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: PIONEER SQUARE UNIT 12 A SUB OF PT OF LOTS 6 & 7 OF THE FARM LANDS OF FREDERICK L KRAGE ESTATE IN S 1/2 NW 1/4 SEC 34 40 11

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 846702

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2971-B7
  • Parcel: 03-34-110-017
  • Lot: 6,7
  • Municipality: ADDISON
  • Latitude: 41.9145
  • Longitude: -87.9754

    Address

  • Full Address: 514 E Comstock Ave
  • Legal Unit: 12
  • Address - House Number: 514
  • Street Direction: E
  • Address - Street Name: Comstock
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Addison
  • Carrier Code: C013
  • 4-Digit Zip Code: 4806
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $599,946
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 343,786
  • High Value: 397,825
  • Low Value: 289,748

    Market Valuation

  • Market Total Value: $262,380
  • Market Land Value: $82,740
  • Market Improvement Value: $179,640

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $87,460
  • Assessed Land Value: $27,580
  • Assessed Improvements Value: $59,880

    Sales

  • Current Sale Contract Date: Dec 29, 2022
  • Current Sale Recording Date: Jan 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 454
  • Previous Sale Recording Date: Oct 19, 2022
  • Previous Sale Contract Date: Oct 10, 2022
  • Previous Sale Amount: $287,000
  • 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 Addison

Stats & Trends

Median Asking:

$401,266

Sale Price/ft²

$221

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1865 ft²

Average Home Age

40.8 years

Currently For Sale

42 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 27 W Park Boulevard, Villa Park, IL, 60181

$2,671 /mo

  • 1 Bed
  • 2 Baths
  • 1,008 ft²
27 W Park Boulevard #308, Villa Park, IL, 60181 Listing by Craig Ross
Unit for rent at 636 W Sunset Avenue, Villa Park, IL, 60181

$2,890 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
636 W Sunset Avenue, Villa Park, IL, 60181 Listing by Oskar Wiatr

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Saul Gutierrez, MVG Real Estate Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11679631
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 514 East Comstock Avenue built and last sold?
The property at 514 East Comstock Avenue was built in 1966 and last sold on Dec 29, 2022 for $365,000.
How much is this home worth?
The estimated value of the home located at 514 East Comstock Avenue is $0.
What are some comparable homes to 514 East Comstock Avenue?
There are currently no comparable homes to 514 East Comstock Avenue.
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