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Spring Grove 60081 Spring Grove Estates
7215 EDGEWOOD
$508,000
● House - Off Market

7215 EDGEWOOD

SPRING GROVE, IL 60081
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,600 Ft²
$920,636
RealtyHop Estimate
70.52%
Since Mar 1, 2007
National-US
Primary Model

About This Property

Not just impressive because of uncompromised quality, stunning natural views, stylish details in the ceiling work and trim package - this house takes its place among a few that have all the luxury and casual elegance of the finest homes.  Viking appliances, granite Kitchen.  Hardwood.  The stonework in the recreation room fireplace and bar is incredible.
Unit Size
2,600 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$208
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
2005

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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.

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 2,330
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,511
  • Total Building Area: 4,866
  • Building Area: 2,536
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,536
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING GROVE ESTATES
  • Land Acres: 0000000930
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0042910 LT 28 SPRING GROVE ESTATES MEMO: CHOLLY, DANIEL A/ OLSEN, HANNAH O

Neighborhood

  • School District Name: Richmond-Burton Community High School District 157
  • Census Tract: 870105

Geography

  • Parcel: 04-26-377-003
  • Block: 377
  • Lot: 28
  • Municipality: RICHMOND TWP
  • Latitude: 42.4319
  • Longitude: -88.2692

    Address

  • Full Address: 7215 Edgewood Ct
  • Address - House Number: 7215
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Spring Grove
  • Carrier Code: R001
  • 4-Digit Zip Code: 9394
  • Zip Code: 60081

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,123,586
  • Tax Rate Code Area: 04010

    Appraisal Valuation

  • Standard Deviation: 0.1667
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 508,881
  • High Value: 593,728
  • Low Value: 424,034

    Market Valuation

  • Market Total Value: $389,169
  • Market Land Value: $60,459
  • Market Improvement Value: $328,710

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $129,723
  • Assessed Land Value: $20,153
  • Assessed Improvements Value: $109,570

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Aug 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R0042910
  • Previous Sale Recording Date: Feb 12, 2014
  • Previous Sale Contract Date: Jan 07, 2014
  • Previous Sale Amount: $335,000
  • 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 Spring Grove Estates

Stats & Trends

Median Asking:

$600,000

Sale Price/ft²

$159

Above Asking

0.00%

Average Days on Market

51

Average Home Size

3728 ft²

Average Home Age

25 years

Currently For Sale

0 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

Rentals Near You

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MRED

Listed by: Elise Livingston, CRS,GRI, RE/MAX Plaza
Data Source: MRED, MLS# MRD06299048
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 7215 Edgewood Drive built and last sold?
The property at 7215 Edgewood Drive was built in 2005 and last sold on Jul 28, 2021 for $525,000.
How much is this home worth?
The estimated value of the home located at 7215 Edgewood Drive is $0.
What are some comparable homes to 7215 Edgewood Drive?
There are currently no comparable homes to 7215 Edgewood Drive.
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