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Berwyn 60402
6945 26th Street
$218,500
● House - Off Market

6945 26th Street

Berwyn, IL 60402
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,216 Ft²
$1,315
Est. Monthly
19.42%
Cap Rate

About This Property

CLASSIC BRICK BUNGALOW! LONG TIME OWNER! MOTIVATED SELLER! LOCATED IN GREAT CENTRAL BERWYN! HOME IN GREAT SHAPE! FEATURES: 4BR, ORIGINAL HARDWOOD FLOORS, CENTRAL AIR & MORE! NICE WALK TO ALL SCHOOLS! BLOCKS TO STARBUCKS, FINE DINING AND SHOPPING! ESTATE SALE.
Unit Size
1,216 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$185
Property Type
House
Property Taxes
$210
HOA Dues
-
Year Built
1924

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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 #11869614)

Price History

Date / Event Date Event Price
Mar 7, 2024 Sold
Premium
Sold
Aug 25, 2023 Listed by Skydan Real Estate Sales, LLC $225,000
Listed by Skydan Real Estate Sales, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • 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: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,600
  • Total Building Area: 1,216
  • Gross Building Area: 1,216
  • Building Area: 1,216
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,216
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HEPIL & BERNANTS
  • Land Acres: 0000000083
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Berwyn South School District 100
  • Census Tract: 814800

Geography

  • District: 11
  • Parcel: 16-30-114-031-0000
  • Lot: 96
  • Meridian: SEC 30 TWN 39N RNG 13E
  • Municipality: BERWYN
  • Latitude: 41.8436
  • Longitude: -87.7978

    Address

  • Full Address: 6945 26th St
  • Address - House Number: 6945
  • Address - Street Name: 26th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Berwyn
  • Carrier Code: C009
  • 4-Digit Zip Code: 2559
  • Zip Code: 60402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $542,260
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 11002

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 214,834
  • High Value: 236,556
  • Low Value: 193,113

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $44,100
  • Market Improvement Value: $175,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $4,410
  • Assessed Improvements Value: $17,590

    Sales

  • Current Sale Contract Date: Feb 29, 2024
  • Current Sale Recording Date: Mar 14, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2128
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:

$379,900

Sale Price/ft²

$210

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1732 ft²

Average Home Age

90.7 years

Currently For Sale

82 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 2234 Gunderson Avenue, Berwyn, IL, 60402

$3,650 /mo

  • 4 Beds
  • 2 Baths
  • 2,800 ft²
2234 Gunderson Avenue, Berwyn, IL, 60402 Listing by Luis Perez
Unit for rent at 7119 40th Street, Stickney, IL, 60402

$3,650 /mo

  • 4 Beds
  • 3 Baths
  • 2,505 ft²
7119 40th Street, Stickney, IL, 60402 Listing by Soharb Khan

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# 11869614
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 6945 26th Street built and last sold?
The property at 6945 26th Street was built in 1924 and last sold on Feb 29, 2024 for $218,500.
How much is this home worth?
The estimated value of the home located at 6945 26th Street is $227,750.
What are some comparable homes to 6945 26th Street?
There are currently no comparable homes to 6945 26th Street.
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