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Oak Park 60304 Oak Park
711 Carpenter Avenue
$530,000
● House - Off Market

711 Carpenter Avenue

Oak Park, IL 60304
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,500 Ft²
$534,217
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

The irresistible charm and historic heritage of this home soften the senses even before you enter the front door. Carefully appointed details abound from the serene front porch to the charming back yard and everything in between: gorgeous art glass windows, built-in hutch and cabinetry, stunning upstairs updated bath, custom seating back deck area, and throughout. There are spaces to entertain such as the stately dining room, and spaces to enjoy a good book like the custom window seat in the upper office. Delight yourself in this arts and crafts Oak Park treasure which will not last long. Move-in ready and available for a quick close.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
-
Price per sqft
$323
Property Type
House
Property Taxes
$893
HOA Dues
-
Year Built
1913

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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 #11256957)

Price History

Date / Event Date Event Price
Dec 23, 2021 Sold
Premium
Sold
Oct 27, 2021 Listed by Compass $484,900
Listed by Compass

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 63
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 3,600
  • Total Building Area: 1,388
  • Gross Building Area: 1,388
  • Building Area: 1,388
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,388
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRICES ADD TO OAK PARK
  • Land Acres: 0000000083
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: (PRICES) ADD TO (OAK)(PARK) SUB OF LT 4 IN SUB EH LT 2 IN B F JERVIS SUB EX WH SW SEC 18-39-13

Neighborhood

  • School District Name: Oak Park and River Forest District 200
  • Census Tract: 812900

Geography

  • District: 27
  • Parcel: 16-18-123-014-0000
  • Lot: 2,4
  • Meridian: SEC 18 TWN 39N RNG 13E
  • Municipality: OAK PARK
  • Latitude: 41.8764
  • Longitude: -87.7964

    Address

  • Full Address: 711 Carpenter Ave
  • Address - House Number: 711
  • Address - Street Name: Carpenter
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oak Park
  • Carrier Code: C063
  • 4-Digit Zip Code: 1106
  • Zip Code: 60304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,246,456
  • Tax Rate Code Area: 27001

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 501,269
  • High Value: 614,978
  • Low Value: 387,559

    Market Valuation

  • Market Total Value: $500,000
  • Market Land Value: $50,400
  • Market Improvement Value: $449,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,000
  • Assessed Land Value: $5,040
  • Assessed Improvements Value: $44,960

    Sales

  • Current Sale Contract Date: Nov 24, 2021
  • Current Sale Recording Date: Feb 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2204646043
  • Previous Sale Recording Date: Nov 29, 2012
  • Previous Sale Contract Date: Nov 01, 2012
  • Previous Sale Amount: $405,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Oak Park

Stats & Trends

Median Asking:

$435,000

Sale Price/ft²

$268

Above Asking

0.00%

Average Days on Market

42

Average Home Size

1335 ft²

Average Home Age

75.4 years

Currently For Sale

66 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 727 N Ridgeland Avenue, Oak Park, IL, 60302

$3,995 /mo

  • 3 Beds
  • 1 Bath
  • 1,668 ft²
727 N Ridgeland Avenue, Oak Park, IL, 60302 Listing by Benjamin Sanford
Unit for rent at 7771 Van Buren Street, Forest Park, IL, 60130

$4,400 /mo

  • 3 Beds
  • 3 Baths
  • 2,360 ft²
7771 Van Buren Street #3, Forest Park, IL, 60130 Listing by KC Kaage

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Adriana Cook, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11256957
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 711 Carpenter Avenue built and last sold?
The property at 711 Carpenter Avenue was built in 1913 and last sold on Nov 24, 2021 for $530,000.
How much is this home worth?
The estimated value of the home located at 711 Carpenter Avenue is $494,681.
What are some comparable homes to 711 Carpenter Avenue?
There are currently no comparable homes to 711 Carpenter Avenue.
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