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Addison 60101
733 N Highview Avenue
$306,000
● House - Off Market

733 N Highview Avenue

Addison, IL 60101
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,113 Ft²
$340,446
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

This home is a must see! It has been newly renovated and comes complete with all the bells and whistles -- new full basement bathroom, sewage pump, light fixtures, interior and exterior doors, casing and baseboards, windows, and retrofitted closet organizer system. The roof and gutters on both the house and the garage, water tank, HVAC system with Nest Thermostat, window treatments and stove are all less than a year old. This home comes with a large backyard complete with a newly painted porch great for entertaining. The basement is partially finished ready for you to make your own. You will have plenty of space in your new 2.5 car garage so no worries there. Come see this great home before it's gone.
Unit Size
1,113 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$269
Property Type
House
Property Taxes
$441
HOA Dues
-
Year Built
1972

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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 #11182240)

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold
Premium
Sold
Aug 6, 2021 Listed by RCI Realty LLC $299,900
Listed by RCI Realty LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,113
  • Garage Type: 4
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 175
  • Lot Size Frontage Feet: 55
  • Total Building Area: 2,226
  • Gross Building Area: 2,226
  • Building Area: 1,113
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,113
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RALPH H JENSENS SUB
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: RALPH H JENSENS SUB

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 840104

Zoning

  • Zoning: R

Geography

  • Parcel: 03-21-303-011
  • Lot: 2
  • Municipality: ADDISON
  • Latitude: 41.9407
  • Longitude: -87.9972

    Address

  • Full Address: 733 N Highview Ave
  • Address - House Number: 733
  • Street Direction: N
  • Address - Street Name: Highview
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Addison
  • Carrier Code: C007
  • 4-Digit Zip Code: 1308
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $569,308
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 333,399
  • High Value: 390,844
  • Low Value: 275,954

    Market Valuation

  • Market Total Value: $249,900
  • Market Land Value: $108,750
  • Market Improvement Value: $141,150

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $83,300
  • Assessed Land Value: $36,250
  • Assessed Improvements Value: $47,050

    Sales

  • Current Sale Contract Date: Sep 24, 2021
  • Current Sale Recording Date: Nov 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021-171197
  • Previous Sale Recording Date: Jul 16, 2010
  • Previous Sale Contract Date: Jun 30, 2010
  • Previous Sale Amount: $110,000
  • 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 Addison

Stats & Trends

Median Asking:

$401,134

Sale Price/ft²

$222

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1961 ft²

Average Home Age

38.4 years

Currently For Sale

44 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 125 S Maple Street, Itasca, IL, 60143

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,790 ft²
125 S Maple Street, Itasca, IL, 60143 Listing by James Diestel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Emilia Crespo, RCI Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11182240
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 733 North Highview Avenue built and last sold?
The property at 733 North Highview Avenue was built in 1972 and last sold on Sep 24, 2021 for $306,000.
How much is this home worth?
The estimated value of the home located at 733 North Highview Avenue is $300,774.
What are some comparable homes to 733 North Highview Avenue?
There are currently no comparable homes to 733 North Highview Avenue.
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