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Berkeley 60163
5829 Superior Street
$215,000
● House - Off Market

5829 Superior Street

Berkeley, IL 60163
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$1,051
Est. Monthly
9.76%
Cap Rate

About This Property

MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST DUE BY 6PM ON SUNDAY, MARCH 31ST.  Bring your decorating ideas! All brick ranch with 2 bedrooms and 1 bath. Was originally a 3 bedroom home but one bedroom was converted to a laundry room. Hardwood flooring under carpeting. Newer gas furnace (2022). Very nicely maintained home with good bones. Large covered patio. 2 car detached garage. Great location! Walk to Metra station, schools and public transportation on St. Charles. Easy access to expressway. Estate sale. Conveyed as-is!
Unit Size
1,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$200
Property Type
House
Property Taxes
$69
HOA Dues
-
Year Built
1956

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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 #12015681)

Price History

Date / Event Date Event Price
Apr 12, 2024 Sold
Premium
Sold
Mar 29, 2024 Listed by Compass $199,900
Listed by Compass

Property Highlights

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,150
  • Total Building Area: 1,000
  • Gross Building Area: 1,000
  • Building Area: 1,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BER-ELM ADD/H O STONE
  • Land Acres: 0000000164
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Proviso Township High School District 209
  • Census Tract: 816800

Geography

  • District: 31
  • Parcel: 15-07-105-005-0000
  • Block: 4
  • Lot: 5
  • Meridian: SEC 07 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8915
  • Longitude: -87.9146

    Address

  • Full Address: 5829 Superior St
  • Address - House Number: 5829
  • Address - Street Name: Superior
  • Address - Suffix Type: St
  • State: IL
  • City Name: Berkeley
  • Carrier Code: C031
  • 4-Digit Zip Code: 1037
  • Zip Code: 60163

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $83,385
  • Tax Rate Code Area: 31026

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 68
  • Final Value: 274,108
  • High Value: 336,706
  • Low Value: 211,511

    Market Valuation

  • Market Total Value: $220,010
  • Market Land Value: $39,330
  • Market Improvement Value: $180,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,001
  • Assessed Land Value: $3,933
  • Assessed Improvements Value: $18,068
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 Berkeley

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$249

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1264 ft²

Average Home Age

71.3 years

Currently For Sale

7 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

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MRED

Listed by: Ginny Leamy, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 12015681
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 5829 Superior Street built and last sold?
The property at 5829 Superior Street was built in 1956 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5829 Superior Street is $205,989.
What are some comparable homes to 5829 Superior Street?
There are currently no comparable homes to 5829 Superior Street.
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