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Glen Ellyn 60137
720 Fairview Avenue
$685,000
● House - Off Market

720 Fairview Avenue

Glen Ellyn, IL 60137
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,275 Ft²
$787,704
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

ABSOLUTELY STUNNING HOME IN THE MOST PRESTIGIOUS AREA OF GLEN ELLYN! STEP INSIDE YOUR FULLY RENOVATED 4 BEDROOM 2.5 BATH HOME WITH  A FINISHED BASEMENT. GOURMET KITCHEN INCLUDING OVERSIZED ISLAND W/BREAKFAST BAR. STAINLESS STEEL APPLIANCES. WALK ONTO THE GORGEOUS WOOD FLOORS THROUGHOUT FIRST FLOOR. OPEN CONCEPT LAYOUT CREATES AN ENGAGING SPACE TO ENTERTAIN AND CREATE MEMORIES. TONS OF NATURAL LIGHT AND A FIREPLACE. RELAX IN YOUR LARGE MASTER SUITE AND YOUR PRIVATE MASTER BATH. FULLY FINISHED BASEMENT.  CLOSE TO RESTAURANTS, SHOPPING CENTERS, TRADER JOES, STARBUCKS, METRA TRAIN STATION, HIGHWAYS. THIS WON'T LAST. COME AND SEE IT TODAY! WELCOME HOME!
Unit Size
4,275 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$164
Property Type
House
Property Taxes
$1,241
HOA Dues
-
Year Built
1973

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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 #11198463)

Price History

Date / Event Date Event Price
Oct 19, 2021 Sold
Premium
Sold
Aug 25, 2021 No longer available -
No longer available
Aug 24, 2021 Listed by Vylla Home $699,900
Listed by Vylla Home
Aug 3, 2021 Listed by Vylla Home $749,900
Listed by Vylla Home
The manager has listed the unit size as 4275 square feet.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,302
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 82

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 125
  • Lot Size Frontage Feet: 60
  • Total Building Area: 4,593
  • Gross Building Area: 4,593
  • Building Area: 2,850
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,850
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROOSEVELT GARDEN HOMESI
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: ROOSEVELT GARDEN HOMESITES

Neighborhood

  • School District Name: Glen Ellyn School District 41
  • School Tax School District: GLEN ELLYN
  • Census Tract: 842100

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3025-C7
  • Parcel: 05-14-405-004
  • Block: 10
  • Lot: 6
  • Municipality: MILTON
  • Latitude: 41.8646
  • Longitude: -88.0571

    Address

  • Full Address: 720 Fairview Ave
  • Address - House Number: 720
  • Address - Street Name: Fairview
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Glen Ellyn
  • Carrier Code: C029
  • 4-Digit Zip Code: 5599
  • Zip Code: 60137

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,570,388
  • Tax Rate Code Area: 5036

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 788,746
  • High Value: 922,550
  • Low Value: 654,942

    Market Valuation

  • Market Total Value: $647,220
  • Market Land Value: $83,190
  • Market Improvement Value: $564,030

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $215,740
  • Assessed Land Value: $27,730
  • Assessed Improvements Value: $188,010

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021-156291
  • Previous Sale Recording Date: Jan 28, 2021
  • Previous Sale Contract Date: Oct 19, 2020
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: 71
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 Glen Ellyn

Stats & Trends

Median Asking:

$560,000

Sale Price/ft²

$308

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2524 ft²

Average Home Age

52.2 years

Currently For Sale

47 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 673 N Park Boulevard, Glen Ellyn, IL, 60137

$3,550 /mo

  • 3 Beds
  • 1 Bath
  • 1,294 ft²
673 N Park Boulevard, Glen Ellyn, IL, 60137 Listing by Margaret Giffin

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Robert Miller, Vylla Home
Last Updated: 3 years ago
Data Source: MRED, MLS# 11198463
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 720 Fairview Avenue built and last sold?
The property at 720 Fairview Avenue was built in 1973 and last sold on Oct 15, 2021 for $685,000.
How much is this home worth?
The estimated value of the home located at 720 Fairview Avenue is $739,296.
What are some comparable homes to 720 Fairview Avenue?
There are currently no comparable homes to 720 Fairview Avenue.
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