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Niles 60714 Niles
6710 W Forest View Lane
$445,000
● House - Off Market

6710 W Forest View Lane

Niles, IL 60714
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,800 Ft²
$501,949
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

STUNNING AND RARELY AVAILABLE Four bedroom two and a half bath home on an extra large lot. This hidden gem is tucked away in the secluded Bunker Hill subdivision with everything Niles has to offer. Totally updated with nothing to do but enjoy.  Spacious open kitchen with granite, stainless and beautiful wood cabinetry.  All new baths with designer tiles. Beautiful dark hardwood on the main level and upstairs with porcelain tiles on the lower level.  A newly fenced yard and gated side drive leads to the spacious two and half car garage.  Newer mechanicals, plumbing and electric, freshly painted and ready for a new owner that's looking for perfection.  Close to O'Hare, Touhy Ave. shopping, the bike trail and just 20 minutes to downtown Chicago.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$238
Property Type
House
Property Taxes
$496
HOA Dues
-
Year Built
1964

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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.

Last updated: 3 years ago (MRED MLS #11088260)

Price History

Date / Event Date Event Price
Jun 23, 2021 Sold
Premium
Sold
May 14, 2021 Listed by Coldwell Banker Realty $429,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,240
  • Total Building Area: 1,236
  • Gross Building Area: 1,236
  • Building Area: 1,236
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,236
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARVEL
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: SUBDIVISION PART LOT1 JOSEPH VOSMYK S CONSOLIDATION S31 T41N R13E 3P

Neighborhood

  • School District Name: Niles Elementary School District 71
  • Census Tract: 808100

Geography

  • District: 24
  • Parcel: 10-31-211-026-0000
  • Lot: 1
  • Meridian: SEC 31 TWN 41N RNG 13E
  • Municipality: NILES
  • Latitude: 42.0077
  • Longitude: -87.7933

    Address

  • Full Address: 6710 W Forest View Ln
  • Address - House Number: 6710
  • Street Direction: W
  • Address - Street Name: Forest View
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Niles
  • Carrier Code: C032
  • 4-Digit Zip Code: 4406
  • Zip Code: 60714

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $759,262
  • Tax Rate Code Area: 24011

    Appraisal Valuation

  • Standard Deviation: 0.2265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 461,474
  • High Value: 566,033
  • Low Value: 356,915

    Market Valuation

  • Market Total Value: $382,840
  • Market Land Value: $81,120
  • Market Improvement Value: $301,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,284
  • Assessed Land Value: $8,112
  • Assessed Improvements Value: $30,172

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2120704173
  • Previous Sale Recording Date: Aug 06, 2019
  • Previous Sale Contract Date: Jul 20, 2019
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Niles

Stats & Trends

Median Asking:

$424,900

Sale Price/ft²

$268

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1704 ft²

Average Home Age

47.7 years

Currently For Sale

44 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 7432 N Odell Avenue, Chicago, IL, 60631

$4,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,939 ft²
7432 N Odell Avenue, Chicago, IL, 60631 Listing by Alicia Kuzma
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: Connie Aparcedo, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11088260
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 6710 West Forest View Lane built and last sold?
The property at 6710 West Forest View Lane was built in 1964 and last sold on Jun 10, 2021 for $445,000.
How much is this home worth?
The estimated value of the home located at 6710 West Forest View Lane is $0.
What are some comparable homes to 6710 West Forest View Lane?
There are currently no comparable homes to 6710 West Forest View Lane.
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