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Roselle 60172
7 Forest Avenue
$255,000
● House - Off Market

7 Forest Avenue

Roselle, IL 60172
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,022 Ft²
$276,785
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

LOCATED ON ONE OF THE MOST DESIRABLE STREETS IN ROSELLE, THIS 2 BEDROOM RANCH HAS A FULL BASEMENT AND 2 CAR ATTACHED GARAGE ON A SPACIOUS WOODED LOT.  KITCHEN UPDATED IN 2012 WITH MAPLE CABINETS AND GRANITE COUNTERS.  NEEDS MORE UPDATING AND A BASEMENT REMODEL.  2 FULL BATHROOMS ON THE MAIN LEVEL WITH PLUMBED OUT HALF BATH IN BASEMENT.  SOLD IN AS IS CONDITION.
Unit Size
1,022 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$259
Property Type
House
Property Taxes
$510
HOA Dues
-
Year Built
1969

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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 #11692619)

Price History

Date / Event Date Event Price
Feb 22, 2023 Sold
Premium
Sold
Dec 29, 2022 Listed by RE/MAX Central Inc. $264,900
Listed by RE/MAX Central Inc.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 18
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,022
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 2,044
  • Gross Building Area: 2,044
  • Building Area: 1,840
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 5
  • Heating: 24
  • Heated Square Feet: 1,840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELLS DIVISION
  • Land Acres: 0000000400
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: BELLS DIVISION OF LOT 1 IN WENZELS SUB IN SW 1/4 NE 1/4 SEC 10 40 10

Neighborhood

  • School District Name: Roselle School District 12
  • School Tax School District: ROSELLE
  • Census Tract: 841104

Zoning

  • Zoning: R

Geography

  • Parcel: 02-10-210-003
  • Lot: 1
  • Municipality: BLOOMINGDALE
  • Latitude: 41.9698
  • Longitude: -88.0806

    Address

  • Full Address: 7 Forest Ave
  • Address - House Number: 7
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Roselle
  • Carrier Code: C022
  • 4-Digit Zip Code: 2913
  • Zip Code: 60172

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $640,596
  • Tax Rate Code Area: 2061

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 303,344
  • High Value: 355,690
  • Low Value: 250,999

    Market Valuation

  • Market Total Value: $272,970
  • Market Land Value: $135,150
  • Market Improvement Value: $137,820

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $90,990
  • Assessed Land Value: $45,050
  • Assessed Improvements Value: $45,940

    Sales

  • Current Sale Contract Date: Jan 30, 2023
  • Current Sale Recording Date: Feb 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10827
  • Previous Sale Recording Date: Oct 19, 2011
  • Previous Sale Contract Date: Jul 21, 2011
  • Previous Sale Amount: $121,000
  • Previous Sale Document Type: 68
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 Roselle

Stats & Trends

Median Asking:

$419,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1943 ft²

Average Home Age

44.6 years

Currently For Sale

34 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 108 Glengarry Drive, Bloomingdale, IL, 60108

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
108 Glengarry Drive #102, Bloomingdale, IL, 60108 Listing by Melissa Govedarica
Unit for rent at 214 Glengarry Drive, Bloomingdale, IL, 60108

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,131 ft²
214 Glengarry Drive #201, Bloomingdale, IL, 60108 Listing by Julia Murillo

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jeavon Shegal, RE/MAX Central Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11692619
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 7 Forest Avenue built and last sold?
The property at 7 Forest Avenue was built in 1969 and last sold on Jan 30, 2023 for $255,000.
How much is this home worth?
The estimated value of the home located at 7 Forest Avenue is $267,023.
What are some comparable homes to 7 Forest Avenue?
There are currently no comparable homes to 7 Forest Avenue.
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