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Chicago 60646 Edgebrook
6918 N Central Avenue
$445,000
● House - Off Market

6918 N Central Avenue

Chicago, IL 60646
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,880 Ft²
$533,430
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

EDGEBROOK TOWERS!  Welcome home to this well maintained classic Bi-Level. Same owner for 45 years!! The kitchen has been opened so that the effect is a Great Room. Upgraded kitchen maple cabinets, * hardwood floors first and upper level, * walk-in shower in lower bath, * windows except Great Room were replaced.  There is aluminum siding over the original cedar wood on the upper level.  A natural gas grill off the patio in rear yard.  Newer concrete drive to 2+ car garage.  Roof 2001* GFA 2004* A/C 2017. Shopping, public transportation, interstate, bike trail and forest preserve all close by. Come see for yourself.
Unit Size
1,880 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$250
Property Type
House
Property Taxes
$532
HOA Dues
-
Year Built
1970

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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 #11096430)

Price History

Date / Event Date Event Price
Sep 7, 2021 Sold
Premium
Sold
May 21, 2021 Listed by Coldwell Banker Realty $469,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • 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: 17
  • 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,988
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,290
  • Gross Building Area: 1,290
  • Building Area: 1,290
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,290
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDGEBROOK ESTATES
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 120200

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 10-33-120-062-0000
  • Meridian: SEC 33 TWN 41N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 42.0069
  • Longitude: -87.7621

    Address

  • Full Address: 6918 N Central Ave
  • Address - House Number: 6918
  • Street Direction: N
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C047
  • 4-Digit Zip Code: 1502
  • Zip Code: 60646

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $822,729
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2014
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 501,459
  • High Value: 602,484
  • Low Value: 400,435

    Market Valuation

  • Market Total Value: $400,000
  • Market Land Value: $124,700
  • Market Improvement Value: $275,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,000
  • Assessed Land Value: $12,470
  • Assessed Improvements Value: $27,530

    Sales

  • Current Sale Contract Date: Aug 18, 2021
  • Current Sale Recording Date: Sep 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2125612087

    Financing

  • First Mortgage Financing Type: UNK
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 Northwest Side

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$285

Above Asking

0.00%

Average Days on Market

42

Average Home Size

1211 ft²

Average Home Age

78 years

Currently For Sale

789 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 8644 Skokie Boulevard, SKOKIE, IL, 60077

$3,000 /mo

  • 3 Beds
  • 2 Baths
8644 Skokie Boulevard #304, SKOKIE, IL, 60077 Listing by Joshua Berngard

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Marti Corcoran, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11096430
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 6918 North Central Avenue built and last sold?
The property at 6918 North Central Avenue was built in 1970 and last sold on Aug 18, 2021 for $445,000.
How much is this home worth?
The estimated value of the home located at 6918 North Central Avenue is $0.
What are some comparable homes to 6918 North Central Avenue?
There are currently no comparable homes to 6918 North Central Avenue.
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