$177,500
●
Condo -
Off Market
69 Longcommon Road #D3
Riverside, IL 60546
2 Beds
1 Bath
$1,555
Est. Monthly
$424
HOA / Fees
9.55%
Cap Rate
About This Property
Don't miss this charming and spacious 2-bedroom vintage condo in
fabulous in-town Riverside location. This lovely courtyard building
is located within 1 block of downtown Riverside, Metra station,
award-winning schools, shops and restaurants. This top-floor unit
is light-filled with tree-top views of the village. Features
include hardwood floors throughout, decorative fireplace, formal
dining room, and tons of storage. The unit comes with one assigned
garage space, several unreserved spaces for guests and has a
private back entrance. Laundry and additional storage in the
building. Being sold as-is.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$198
HOA Dues
$424
Year Built
-
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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 #11903463)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 13, 2024 | Sold | ||
| Sold | |||
| Oct 13, 2023 | Listed by @properties Christie's International Real Estate | $189,900 | |
| Listed by @properties Christie's International Real Estate | |||
Property Highlights
Parking Details
Total Number of Parking: 2
Garage Spaces: 1
Garage On-Site: Yes
Garage Type: Detached
Interior Details
Bedrooms: 2
Bathrooms: 1
Full Bathrooms: 1
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 100+ Years
Rebuilt(Y/N): No
Parcel Number: 15361090831012
Property Type: Residential
Year Built: 1920
No Disability Access
Special Conditions: None
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2021
Tax Annual Amount: $2,376
Tax Exemptions: Homeowner
Utilities Details
Cooling: Window/Wall Units - 2
Heating: Steam
Sewer : Public Sewer
Location Details
Township: Riverside
Corporate Limits: Riverside
Directions: Riverside Road to Longcommon Road to Building.
County or Parish: Cook
Elementary School District: 96
Middle Or Junior School District: 96
Middle Or Junior School: L J Hauser Junior High School
High School District: 208
High School: Riverside Brookfield Twp Senior
Other Details
Association Fee Includes: Heat, Water, Insurance, Lawn Care, Scavenger, Snow Removal
Association Fee: $424
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/13/2023
|
2 Bed
|
1 Bath
|
-
|
$189,900
2 Bed
1 Bath
|
$177,500
-6.53%
02/13/2024
|
Jeff Baker
@properties Christie's International Real Estate
|
Building Info
About Riverside
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Listed by: Jeff Baker, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11903463
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11903463
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