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Berwyn 60402
6901 29th Place
$235,000
● House - Off Market

6901 29th Place

Berwyn, IL 60402
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,000 Ft²
$1,761
Est. Monthly
15.67%
Cap Rate

About This Property

Great Chicago Style Bungalow located in Berwyn's sought after Proska Park Area! Long time owner well taken care of. Home features: 4 bedrooms, newer roof, hardwood floors throughout, newer siding, 2.5 car garage & great layout! This one won't last!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$131
Property Type
House
Property Taxes
$472
HOA Dues
-
Year Built
1923

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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 #11953334)

Price History

Date / Event Date Event Price
May 7, 2024 Sold
Premium
Sold
Dec 30, 2023 Listed by Skydan Real Estate Sales, LLC $262,500
Listed by Skydan Real Estate Sales, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • 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: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,643
  • Total Building Area: 1,016
  • Gross Building Area: 1,016
  • Building Area: 1,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,016
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAWNDALE MANOR
  • Land Acres: 0000000084
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (LAWNDALE)(MANOR) SUB SEC 30-39-13

Neighborhood

  • School District Name: Berwyn South School District 100
  • Census Tract: 815300

Geography

  • District: 11
  • Parcel: 16-30-317-035-0000
  • Block: 8
  • Lot: 5
  • Meridian: SEC 30 TWN 39N RNG 13E
  • Municipality: BERWYN
  • Latitude: 41.8389
  • Longitude: -87.7957

    Address

  • Full Address: 6901 29th Pl
  • Address - House Number: 6901
  • Address - Street Name: 29th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Berwyn
  • Carrier Code: C034
  • 4-Digit Zip Code: 2940
  • Zip Code: 60402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $576,204
  • Tax Rate Code Area: 11002

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 260,366
  • High Value: 286,691
  • Low Value: 234,041

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $44,630
  • Market Improvement Value: $175,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $4,463
  • Assessed Improvements Value: $17,537
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 Berwyn

Stats & Trends

Median Asking:

$380,000

Sale Price/ft²

$209

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1723 ft²

Average Home Age

90.2 years

Currently For Sale

77 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 1440 Circle Avenue, Forest Park, IL, 60130

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 2,100 ft²
1440 Circle Avenue, Forest Park, IL, 60130 Listing by Jessica Teuthorn

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Frank Christiano, Skydan Real Estate Sales, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11953334
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 6901 29th Place built and last sold?
The property at 6901 29th Place was built in 1923 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 6901 29th Place is $271,665.
What are some comparable homes to 6901 29th Place?
There are currently no comparable homes to 6901 29th Place.
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