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Countryside 60525
5697 Longview Drive
$350,000
● House - Off Market

5697 Longview Drive

Countryside, IL 60525
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$374,470
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

BEAUTIFUL HOME IN HEART OF COUNTRYSIDE. WELCOME TO THIS 3 BEDROOMS, 1 AND 1/2 BATHROOM SPLIT LEVEL! HUGE LIVING ROOM WITH GAS FIREPLACE, BIG EAT IN KITCHEN + FORMAL DINNING ROOM WITH HUGE WINDOW LOOKING AT THE BIG BACK YARD. KITCHEN OVERLOOKS 1ST FLOOR FAMILY ROOM WITH FRENCH PATIO DOORS PLUS BIG RECREATION ROOM IN THE BASEMENT. BEDROOMS ARE LARGE WITH GREAT CLOSET SPACE. BIG NEWLY FENCED BACKYARD. ROOF IS 5 YEARS OLD, FURNACE AND A/C 10 YEARS. ALL WINDOWS AND DOORS AROUND 10 YEARS OLD. NEW TILE IN THE FAMILY ROOM. BATHROOMS UPDATED 4-5 YEARS AGO. FRESHLY PAINTED. SUPER LOCATION- WALK TO PARK AND STORES. THIS HOME WILL NOT LAST LONG ON THE MARKET. VERY NICE HOME BUT SOLD AS-IS. TAXES DO NOT REFLECT ANY EXEMPTIONS.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$729
HOA Dues
-
Year Built
1960

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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 #11256842)

Price History

Date / Event Date Event Price
Dec 16, 2021 Sold
Premium
Sold
Oct 27, 2021 Listed by Coldwell Banker Realty $339,900
Listed by Coldwell Banker Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,465
  • Total Building Area: 2,156
  • Gross Building Area: 2,156
  • Building Area: 2,156
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,156
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDGEWOOD PARK 02
  • Land Acres: 0000000263
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

  • School District Name: Lyons Township High School District 204
  • Census Tract: 820104

Geography

  • District: 21
  • Parcel: 18-16-105-020-0000
  • Block: 1
  • Lot: 11
  • Meridian: SEC 16 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.7871
  • Longitude: -87.8753

    Address

  • Full Address: 5697 Longview Dr
  • Address - House Number: 5697
  • Address - Street Name: Longview
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Countryside
  • Carrier Code: C072
  • 4-Digit Zip Code: 3551
  • Zip Code: 60525

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $850,101
  • Tax Rate Code Area: 21011

    Appraisal Valuation

  • Standard Deviation: 0.2672
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 394,858
  • High Value: 500,368
  • Low Value: 289,349

    Market Valuation

  • Market Total Value: $429,700
  • Market Land Value: $85,990
  • Market Improvement Value: $343,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,970
  • Assessed Land Value: $8,599
  • Assessed Improvements Value: $34,371

    Sales

  • Current Sale Contract Date: Dec 11, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2135504311
  • Previous Sale Recording Date: Nov 02, 2011
  • Previous Sale Contract Date: Oct 28, 2011
  • Previous Sale Amount: $233,000
  • Previous Sale Document Type: 33

    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 Countryside

Stats & Trends

Median Asking:

$369,999

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1851 ft²

Average Home Age

48 years

Currently For Sale

12 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 1505 65th Place, Indian Head Park, IL, 60525

$2,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,703 ft²
1505 65th Place, Indian Head Park, IL, 60525 Listing by Jennifer Hawbaker

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Djuja Pucar, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11256842
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 5697 Longview Drive built and last sold?
The property at 5697 Longview Drive was built in 1960 and last sold on Dec 11, 2021 for $350,000.
How much is this home worth?
The estimated value of the home located at 5697 Longview Drive is $343,299.
What are some comparable homes to 5697 Longview Drive?
There are currently no comparable homes to 5697 Longview Drive.
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