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Barrington 60010
641 Prospect Avenue
$440,000
● House - Off Market

641 Prospect Avenue

Barrington, IL 60010
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,400 Ft²
$429,927
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Updated Bungalow.  So fab it sold during processing.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$304
Property Type
House
Property Taxes
$615
HOA Dues
-
Year Built
1930

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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 #11396603)

Price History

Date / Event Date Event Price
Jun 15, 2022 Sold
Premium
Sold
May 6, 2022 Listed by Jameson Sotheby's International Realty $425,000
Listed by Jameson Sotheby's International Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1951
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,060
  • Garage Type: 4
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,469
  • Total Building Area: 2,470
  • Gross Building Area: 2,512
  • Building Area: 1,760
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,760
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BARRINGTON
  • Land Acres: 0000000309
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: MCINTOSH & CO S NW HWYADD TO BARRINGTON N 70.46FT W 181.12FT LOT 22 BLOCK 11

Neighborhood

  • School District Name: Barrington Community Unit School District 220
  • Census Tract: 864308

Geography

  • Assessors Map Reference: 2750-E1
  • District: CUBA
  • Parcel: 13-36-110-001
  • Block: 11
  • Lot: 22
  • Municipality: TWP OF CUBA
  • Latitude: 42.1631
  • Longitude: -88.1381

    Address

  • Full Address: 641 Prospect Ave
  • Address - House Number: 641
  • Address - Street Name: Prospect
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Barrington
  • Carrier Code: C015
  • 4-Digit Zip Code: 3111
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $767,568
  • Tax Rate Code Area: 14001

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 437,669
  • High Value: 513,210
  • Low Value: 362,128

    Market Valuation

  • Market Total Value: $389,166
  • Market Land Value: $88,743
  • Market Improvement Value: $300,423

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $129,709
  • Assessed Land Value: $29,578
  • Assessed Improvements Value: $100,131

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 03, 2022
  • Current Sale Recording Date: Jun 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7912355
  • Previous Sale Recording Date: Jan 25, 2000
  • Previous Sale Contract Date: Jan 06, 2000
  • Previous Sale Amount: $252,500
  • 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 Barrington

Stats & Trends

Median Asking:

$649,999

Sale Price/ft²

$268

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2267 ft²

Average Home Age

55.8 years

Currently For Sale

35 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 101 W Liberty Street, Barrington, IL, 60010

$2,996 /mo

  • 2 Beds
  • 2 Baths
  • 1,147 ft²
101 W Liberty Street #108, Barrington, IL, 60010 Listing by Christopher Dumitru
Unit for rent at 114 Hillside Avenue, Barrington, IL, 60010

$2,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,500 ft²
114 Hillside Avenue #114, Barrington, IL, 60010 Listing by Dominik Lakomy

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Judy Gibbons, Jameson Sotheby's International Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11396603
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 641 Prospect Avenue built and last sold?
The property at 641 Prospect Avenue was built in 1930 and last sold on Jun 3, 2022 for $440,000.
How much is this home worth?
The estimated value of the home located at 641 Prospect Avenue is $0.
What are some comparable homes to 641 Prospect Avenue?
There are currently no comparable homes to 641 Prospect Avenue.
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