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Marengo 60152 Parkside Place
532 6TH Avenue
$237,500
● House - Off Market

532 6TH Avenue

MARENGO, IL 60152
bedrooms
3 Beds
bathrooms
3 Baths
$409,774
RealtyHop Estimate
70.81%
Since May 1, 2007
National-US
Primary Model

About This Property

Better than new spacious ranch with a full finished basement!So much room to grow w/3 main level bedrooms and a 4th in the basement and 3 full baths.Completely immaculate.Neutral decor featuring low maintenance laminate flooring throughout.A large open living space that is perfect for entertaining a large group.Beautiful wood deck w/BI seating overlooks expertly landscaped yard.Culdesac location!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1995

Payment Calculator

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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.

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,584
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARKSIDE PLACE PHASE 3
  • Land Acres: 0000000266
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0016826 LT 37 PARKSIDE PLACE PHASE 3

Neighborhood

  • School District Name: Marengo Community High School District 154
  • Census Tract: 871003

Geography

  • Subdivision Phase Number: 3
  • Parcel: 11-25-329-011
  • Block: 329
  • Lot: 37
  • Municipality: MARENGO TWP
  • Latitude: 42.2609
  • Longitude: -88.6022

    Address

  • Full Address: 532 6th Ave
  • Address - House Number: 532
  • Address - Street Name: 6th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Marengo
  • Carrier Code: C003
  • 4-Digit Zip Code: 2387
  • Zip Code: 60152

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $415,800
  • Tax Rate Code Area: 11001

    Appraisal Valuation

  • Standard Deviation: 0.1594
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 252,782
  • High Value: 293,076
  • Low Value: 212,488

    Market Valuation

  • Market Total Value: $157,059
  • Market Land Value: $47,043
  • Market Improvement Value: $110,016

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,353
  • Assessed Land Value: $15,681
  • Assessed Improvements Value: $36,672

    Sales

  • Current Sale Contract Date: Apr 27, 2022
  • Current Sale Recording Date: May 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16826
  • Previous Sale Recording Date: Oct 03, 2016
  • Previous Sale Contract Date: Sep 28, 2016
  • Previous Sale Amount: $193,000
  • 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 Parkside Place

Stats & Trends

Median Asking:

$331,450

Sale Price/ft²

$193

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1683 ft²

Average Home Age

32.2 years

Currently For Sale

0 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 532 Riley Drive, Marengo, IL, 60152

$2,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,500 ft²
532 Riley Drive, Marengo, IL, 60152 Listing by Susan Price
Unit for rent at 740 Village Circle, Marengo, IL, 60152

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,560 ft²
740 Village Circle #740, Marengo, IL, 60152 Listing by Margarita Almario-Pantoja
Unit for rent at 974 Meadow Lane, Marengo, IL, 60152

$2,495 /mo

  • 2 Beds
  • 2 Baths
  • 1,900 ft²
974 Meadow Lane, Marengo, IL, 60152 Listing by Mike Najarian

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jacqueline Lechner, Berkshire Hathaway HomeServices Starck Real Estate
Data Source: MRED, MLS# MRD06417150
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 532 6th Avenue built and last sold?
The property at 532 6th Avenue was built in 1995 and last sold on Apr 27, 2022 for $280,000.
How much is this home worth?
The estimated value of the home located at 532 6th Avenue is $282,699.
What are some comparable homes to 532 6th Avenue?
There are currently no comparable homes to 532 6th Avenue.
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