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Bridgeview 60455
7244 Beloit Avenue
$199,000
● House - Off Market

7244 Beloit Avenue

Bridgeview, IL 60455
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,260 Ft²
$223,965
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Spacious frame split level on oversized lot. Main house boasts 3 nice sized bedrooms, 1 bath. Updated kitchen offers oak cabinets and ceramic tile flooring. Newer windows. Finished basement with family room and bedroom. Separate entrance from back yard to guest house offering 4th bedroom, kitchen with oven and sink, family room (needs carpet), bathroom facilities. (this unconventional space was converted from attached garage). Detached 2-car garage 'as-is'. House has some nice updates: Roof 2017, Living Room Flooring 2019, Washer and Dryer 2018, Sewer 2020, Sump Pump 2020, Nice yard. Quiet street. Continue to show through A/I.
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$158
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
1960

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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 #11183195)

Price History

Date / Event Date Event Price
Oct 1, 2021 Sold
Premium
Sold
Aug 8, 2021 Listed by Coldwell Banker Realty $199,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 9,972
  • Total Building Area: 1,260
  • Gross Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KANDICH SUB
  • Land Acres: 0000000229
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: DANIEL T (KANDICH) SUB IN LT 5 EX N 15.06 IN BLK 4 & LT 5 EX N 15.06 FT IN BLK 5 IN FREDERICK H BARTLETTS 71ST STREET SUB OF

Neighborhood

  • School District Name: Indian Springs School District 109
  • Census Tract: 820502

Geography

  • District: 21
  • Parcel: 18-25-206-011-0000
  • Block: 4,5
  • Lot: 5
  • Meridian: SEC 25 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.7593
  • Longitude: -87.8077

    Address

  • Full Address: 7244 Beloit Ave
  • Address - House Number: 7244
  • Address - Street Name: Beloit
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Bridgeview
  • Carrier Code: C087
  • 4-Digit Zip Code: 1130
  • Zip Code: 60455

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $708,890
  • Tax Rate Code Area: 21028

    Appraisal Valuation

  • Standard Deviation: 0.2496
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 260,400
  • High Value: 325,404
  • Low Value: 195,396

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $44,870
  • Market Improvement Value: $195,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $4,487
  • Assessed Improvements Value: $19,513

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2128533482
  • Previous Sale Recording Date: Oct 18, 2010
  • Previous Sale Contract Date: Oct 04, 2010
  • Previous Sale Amount: $122,500
  • Previous Sale Document Type: 27

    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 Bridgeview

Stats & Trends

Median Asking:

$330,750

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1672 ft²

Average Home Age

52.4 years

Currently For Sale

29 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: Jacquie Lewis, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11183195
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 7244 Beloit Avenue built and last sold?
The property at 7244 Beloit Avenue was built in 1960 and last sold on Sep 29, 2021 for $199,000.
How much is this home worth?
The estimated value of the home located at 7244 Beloit Avenue is $0.
What are some comparable homes to 7244 Beloit Avenue?
There are currently no comparable homes to 7244 Beloit Avenue.
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