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Burr Ridge 60527
7128 Wolf Road
$360,000
● House - Off Market

7128 Wolf Road

Burr Ridge, IL 60527
bedrooms
2 Beds
bathrooms
1 Bath
square feet
926 Ft²
$2,434
Est. Monthly
4.54%
Cap Rate

About This Property

Fantastic opportunity to break into Burr Ridge at an unbeatable price! Highly coveted Pleasantdale school district. Mature trees provide tons of privacy on this FULL ACRE lot. Charming arched openings in the foyer and living room give this cozy space character. 2 bedrooms and a full bath complete the main level. Plenty of room for storage in the full, unfinished basement. Some sweat equity would make this a wonderful starter home or a great investment property! Estate sale, sold as is.
Unit Size
926 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$427
Property Type
House
Property Taxes
$494
HOA Dues
-
Year Built
1952

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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 #11873257)

Price History

Date / Event Date Event Price
Dec 7, 2023 Sold
Premium
Sold
Sep 2, 2023 Listed by @properties Christie's International Real Estate $395,000
Listed by @properties Christie's International Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 28
  • 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: 22,000
  • Total Building Area: 926
  • Gross Building Area: 926
  • Building Area: 926
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 926
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000505
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02

Neighborhood

  • School District Name: Pleasantdale School District 107
  • Census Tract: 820204

Geography

  • District: 21
  • Parcel: 18-30-201-042-0000
  • Meridian: SEC 30 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.7595
  • Longitude: -87.8972

    Address

  • Full Address: 7128 Wolf Rd
  • Address - House Number: 7128
  • Address - Street Name: Wolf
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Burr Ridge
  • Carrier Code: C150
  • 4-Digit Zip Code: 4900
  • Zip Code: 60527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $420,795
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 21071

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 307,536
  • High Value: 363,424
  • Low Value: 251,648

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $126,500
  • Market Improvement Value: $193,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $12,650
  • Assessed Improvements Value: $19,350

    Sales

  • Current Sale Contract Date: Nov 29, 2023
  • Current Sale Recording Date: Dec 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 4
  • Current Sale Input Document Number: 33044
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 Burr Ridge

Stats & Trends

Median Asking:

$950,000

Sale Price/ft²

$285

Below Asking

0.01%

Average Days on Market

43

Average Home Size

3968 ft²

Average Home Age

34.4 years

Currently For Sale

41 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

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MRED

Listed by: Rachel Blando, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11873257
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 7128 Wolf Road built and last sold?
The property at 7128 Wolf Road was built in 1952 and last sold on Nov 29, 2023 for $360,000.
How much is this home worth?
The estimated value of the home located at 7128 Wolf Road is $0.
What are some comparable homes to 7128 Wolf Road?
There are currently no comparable homes to 7128 Wolf Road.
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