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Skokie 60077 Skokie
5331 MONROE ST
$490,000
● House - Off Market

5331 MONROE ST

SKOKIE, IL 60077
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$868,146
RealtyHop Estimate
70.26%
Since Feb 1, 2007
National-US
Primary Model

About This Property

FANTASTIC UPDATED RANCH IN LOREL PARK AREA ON 2 LOTS! SPACIOUS LIV RM W/MARBLE FIREPLACE, DIN RM, REMOD KIT W/CHERRY CABS, GRANITE CTRS & TOP-LINE APPLS. ALL REMOD BTHS. LG MBR W/VAULTED CEILS & NEWER MBTH W/WHIRLPOOL TUB. BEAUT REFIN HDWD FLRS. HUGE FIN LL FAM RM & STORAGE. FABULOUS LG FENCED YD W/DECK & 2CAR GAR. DBL LOT W/2 PIN NOS CAN BE SUBDIVIDED!
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$512
HOA Dues
-
Year Built
1953

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

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • 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: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,580
  • Total Building Area: 1,648
  • Gross Building Area: 1,648
  • Building Area: 1,648
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,648
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAIN STREET & LINCOLN AVE L
  • Land Acres: 0000000128
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (MAIN) STREET & (LINCOLN) AVE (L) SUB IN WH SEC 21-41-13

Neighborhood

  • School District Name: Niles Township Community High School District 219
  • Census Tract: 807300

Geography

  • District: 24
  • Parcel: 10-21-315-046-0000
  • Block: 6
  • Lot: 7,6
  • Meridian: SEC 21 TWN 41N RNG 13E
  • Municipality: NILES
  • Latitude: 42.0307
  • Longitude: -87.7608

    Address

  • Full Address: 5331 Monroe St
  • Address - House Number: 5331
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: IL
  • City Name: Skokie
  • Carrier Code: C052
  • 4-Digit Zip Code: 2453
  • Zip Code: 60077

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $584,203
  • Tax Rate Code Area: 24026

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 346,184
  • High Value: 425,232
  • Low Value: 267,136

    Market Valuation

  • Market Total Value: $206,230
  • Market Land Value: $72,540
  • Market Improvement Value: $133,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,623
  • Assessed Land Value: $7,254
  • Assessed Improvements Value: $13,369

    Sales

  • Current Sale Contract Date: Oct 16, 2017
  • Current Sale Recording Date: Nov 06, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1731034049
  • Previous Sale Recording Date: Feb 14, 2007
  • Previous Sale Contract Date: Jan 31, 2007
  • Previous Sale Amount: $490,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Skokie

Stats & Trends

Median Asking:

$455,000

Sale Price/ft²

$272

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1348 ft²

Average Home Age

62.8 years

Currently For Sale

98 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 5320 Suffield Court, Skokie, IL, 60077

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,405 ft²
5320 Suffield Court, Skokie, IL, 60077 Listing by Joseph Young
Unit for rent at 400 Concord Court, Morton Grove, IL, 60053

$4,350 /mo

  • 4 Beds
  • 2 Baths
  • 1,573 ft²
400 Concord Court, Morton Grove, IL, 60053 Listing by Ashraf Memon

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Lenora Knudson, RE/MAX Villager
Data Source: MRED, MLS# MRD06290863
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 5331 Monroe Street built and last sold?
The property at 5331 Monroe Street was built in 1953 and last sold on Oct 16, 2017 for $410,000.
How much is this home worth?
The estimated value of the home located at 5331 Monroe Street is $0.
What are some comparable homes to 5331 Monroe Street?
There are currently no comparable homes to 5331 Monroe Street.
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