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Riverside 60546
562 Byrd Road
$247,500
● House - Off Market

562 Byrd Road

Riverside, IL 60546
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,718 Ft²
$2,302
Est. Monthly
5.45%
Cap Rate

About This Property

Exapanded tudor style home on a dead end block! Finished second level with additional full bath, separate bedroom and open space to create a primary or family room. Unfinished basement. Floor plan is available, however not all rooms (the 2nd floor bedroom and full bath specifically) are depicted. House needs a new roof and several other areas require TLC. Sold as is/where is.
Unit Size
1,718 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$160
Property Type
House
Property Taxes
$951
HOA Dues
-
Year Built
1934

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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

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 8
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,718
  • Gross Building Area: 1,718
  • Building Area: 1,718
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,718
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HENRY GROH & CO SUB OF PT OF BLK 1 LYI
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: HENRY (GROH) & CO SUB OF PT OF BLK 1 LYING S OF I C R R & PT BLK 2 LYING N OF RIVERSIDE PARKWAY IN CIRCUIT COURT PARTITION OF

Neighborhood

  • School District Name: Riverside Brookfield Township School District 208
  • Census Tract: 815701

Geography

  • District: 34
  • Parcel: 15-25-405-026-0000
  • Block: 1,2
  • Lot: 38
  • Meridian: SEC 25 TWN 39N RNG 12E
  • Municipality: RIVERSIDE
  • Latitude: 41.842
  • Longitude: -87.8055

    Address

  • Full Address: 562 Byrd Rd
  • Address - House Number: 562
  • Address - Street Name: Byrd
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Riverside
  • Carrier Code: C006
  • 4-Digit Zip Code: 1731
  • Zip Code: 60546

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,155,639
  • Tax Rate Code Area: 34006

    Appraisal Valuation

  • Standard Deviation: 0.232
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 441,828
  • High Value: 544,353
  • Low Value: 339,304

    Market Valuation

  • Market Total Value: $390,000
  • Market Land Value: $75,000
  • Market Improvement Value: $315,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,000
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $31,500
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 Riverside

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$285

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1834 ft²

Average Home Age

83.5 years

Currently For Sale

10 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 1640 Elmwood Avenue, Berwyn, IL, 60402

$2,100 /mo

  • 2 Beds
  • 1 Bath
  • 1,400 ft²
1640 Elmwood Avenue #2, Berwyn, IL, 60402 Listing by Diana Nufio
Unit for rent at 2636 Ridgeland Avenue, Berwyn, IL, 60402

$2,150 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
2636 Ridgeland Avenue #1, Berwyn, IL, 60402 Listing by Alfonso Diaz
Unit for rent at 6604 Roosevelt Road, Oak Park, IL, 60304

$2,100 /mo

  • 3 Beds
  • 1 Bath
  • 1,100 ft²
6604 Roosevelt Road #2F, Oak Park, IL, 60304 Listing by Peter Liu

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ashley Kaehn, Compass
Data Source: MRED, MLS# MRD12383790
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 562 Byrd Road built and last sold?
The property at 562 Byrd Road was built in 1934 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 562 Byrd Road is $0.
What are some comparable homes to 562 Byrd Road?
There are currently no comparable homes to 562 Byrd Road.
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