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Park Ridge 60068 Park Ridge
734 N Dee Road
$370,100
● House - Off Market

734 N Dee Road

Park Ridge, IL 60068
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,515 Ft²
$378,853
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Welcome Home! Just minutes away from the Train Station, sunny  brick house with a deck, oversized and fenced backyard, 4 bedrooms, extended modern  kitchen with granite counter-tops, high cabinets and stainless-steel appliances, bathrooms, MB  Jacuzzi, ceramic floors and walls, doubled mirror door, along with beautiful hardwood floors  across the kitchen and throughout the entire house, and laminated hardwood floors on the  second floor. The basement has laundry and a spacious playroom. The house is located just a  few blocks away from the great Park Ridge schools, two parks, the Maine Park Leisure center,  and the Wildwood Nature Center.
Unit Size
1,515 Ft²
Days on Market
-
Land Size
-
Price per sqft
$237
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1950

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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 #11348665)

Price History

Date / Event Date Event Price
Nov 7, 2022 Sold
Premium
Sold
Mar 16, 2022 Listed by City Gate Real Estate Inc. $359,000
Listed by City Gate Real Estate Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,515
  • Gross Building Area: 1,515
  • Building Area: 1,515
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,515
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FEUERBORN & KLODES 02 HOWARD
  • Land Acres: 0000000072
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Park Ridge Consolidated Community School District 64
  • Census Tract: 805801

Geography

  • District: 22
  • Parcel: 09-27-123-015-0000
  • Lot: 6
  • Meridian: SEC 27 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0209
  • Longitude: -87.8556

    Address

  • Full Address: 734 N Dee Rd
  • Address - House Number: 734
  • Street Direction: N
  • Address - Street Name: Dee
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Park Ridge
  • Carrier Code: C043
  • 4-Digit Zip Code: 2260
  • Zip Code: 60068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $483,772
  • Tax Rate Code Area: 22031

    Appraisal Valuation

  • Standard Deviation: 0.229
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 377,512
  • High Value: 463,984
  • Low Value: 291,040

    Market Valuation

  • Market Total Value: $222,970
  • Market Land Value: $40,630
  • Market Improvement Value: $182,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,297
  • Assessed Land Value: $4,063
  • Assessed Improvements Value: $18,234

    Sales

  • Current Sale Contract Date: Nov 07, 2022
  • Current Sale Recording Date: Nov 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 41194
  • Previous Sale Recording Date: Apr 27, 2006
  • Previous Sale Contract Date: Apr 18, 2006
  • Previous Sale Amount: $375,000
  • 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 Park Ridge

Stats & Trends

Median Asking:

$600,000

Sale Price/ft²

$293

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2040 ft²

Average Home Age

55.4 years

Currently For Sale

61 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 431 N Northwest Highway, Park Ridge, IL, 60068

$3,950 /mo

  • 3 Beds
  • 3 Baths
  • 2,100 ft²
431 N Northwest Highway #B, Park Ridge, IL, 60068 Listing by Srdan Sterleman

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Garrett Horkan, City Gate Real Estate Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11348665
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 734 North Dee Road built and last sold?
The property at 734 North Dee Road was built in 1950 and last sold on Nov 7, 2022 for $370,500.
How much is this home worth?
The estimated value of the home located at 734 North Dee Road is $0.
What are some comparable homes to 734 North Dee Road?
There are currently no comparable homes to 734 North Dee Road.
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