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Morton Grove 60053
7346 Beckwith Road
$335,000
● House - Off Market

7346 Beckwith Road

Morton Grove, IL 60053
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,120 Ft²
$365,772
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Well maintained 3 bedroom brick ranch on 75 x 100 foot fenced lot near Melzer School and Oriole Park and pool. The home features central air, hardwood floors, with finished basement that offers 4th bedroom and full bathroom.  SS kitchen appliances including Bosche dishwasher, washer/dryer, HVAC and hot water heater all new in the last 5-6 years, flood control with battery back up and  a whole house generator for those rare power outages.  Large sunny back yard perfect for gardening and entertaining.  2.5 car garage with tons of storage space.  Home is being sold as-is with a quick close possible.  2020 Taxes are $6486.80 with HO and Senior Exemptions
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$290
Property Type
House
Property Taxes
$541
HOA Dues
-
Year Built
1957

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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 #11186381)

Price History

Date / Event Date Event Price
Oct 4, 2021 Sold
Premium
Sold
Aug 27, 2021 Listed by Berkshire Hathaway HomeServices Chicago $325,000
Listed by Berkshire Hathaway HomeServices Chicago

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,120
  • Gross Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GROVEDALE HOMES UNIT4
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (GROVEDALE)(HOMES)(UNIT4) SUB OF PT OF SH NE SEC 13-41-12

Neighborhood

  • School District Name: East Maine School District 63
  • Census Tract: 805302

Geography

  • District: 22
  • Parcel: 09-13-219-024-0000
  • Lot: 18
  • Meridian: SEC 13 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.05
  • Longitude: -87.8108

    Address

  • Full Address: 7346 Beckwith Rd
  • Legal Unit: 4
  • Address - House Number: 7346
  • Address - Street Name: Beckwith
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Morton Grove
  • Carrier Code: C014
  • 4-Digit Zip Code: 1729
  • Zip Code: 60053

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $825,836
  • Tax Rate Code Area: 22054

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 394,428
  • High Value: 484,478
  • Low Value: 304,378

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $82,500
  • Market Improvement Value: $237,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $8,250
  • Assessed Improvements Value: $23,750

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Oct 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2128034145
  • Previous Sale Recording Date: Aug 29, 2002
  • Previous Sale Contract Date: Aug 23, 2002
  • Previous Sale Amount: $288,000
  • 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 Morton Grove

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$275

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1567 ft²

Average Home Age

48 years

Currently For Sale

46 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 7847 Maple Street, Morton Grove, IL, 60053

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
7847 Maple Street, Morton Grove, IL, 60053 Listing by George Tai
Unit for rent at 7125 Simpson Street, Morton Grove, IL, 60053

$3,795 /mo

  • 4 Beds
  • 2 Baths
  • 1,450 ft²
7125 Simpson Street, Morton Grove, IL, 60053 Listing by Marla Schneider

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Susan Salisbury, Berkshire Hathaway HomeServices Chicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11186381
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 7346 Beckwith Road built and last sold?
The property at 7346 Beckwith Road was built in 1957 and last sold on Sep 29, 2021 for $335,000.
How much is this home worth?
The estimated value of the home located at 7346 Beckwith Road is $0.
What are some comparable homes to 7346 Beckwith Road?
There are currently no comparable homes to 7346 Beckwith Road.
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