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Glen Ellyn 60137
735 Forest Avenue
$372,900
● Land - Off Market

735 Forest Avenue

Glen Ellyn, IL 60137
bedrooms
Studio
bathrooms
0 Bath
$385,546
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Fantastic opportunity to build your dream home only 2 blocks from sought after Lake Ellyn! 50x165 size lot!! Beautiful tree lined street. Walk to town, Lake Ellyn, Schools and more. Being sold as is. Tear down. Walk lot only.  Sellers found another home prior to building.  It's a gorgeous location!!! Come on over with your builder!
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
Land
Property Taxes
$363
HOA Dues
-
Year Built
1923

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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 #11438542)

Price History

Date / Event Date Event Price
Aug 1, 2022 Sold
Premium
Sold
Jun 17, 2022 Listed by @properties Christie's International Real Estate $372,900
Listed by @properties Christie's International Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 634
  • Garage Type: 4
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 165
  • Lot Size Frontage Feet: 50
  • Total Building Area: 1,852
  • Gross Building Area: 1,852
  • Building Area: 1,852
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,218
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: GL ELLYN ADD PROSPECT PK
  • Land Acres: 0000000180
  • Standard Land Use Code: 0532
  • County Land Use Code: L
  • Legal Description 1: GL ELLYN ADD PROSPECT PK S 50 FT

Neighborhood

  • School District Name: Glen Ellyn School District 41
  • School Tax School District: GLEN ELLYN
  • Census Tract: 842000

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3025-C4
  • Parcel: 05-11-112-004
  • Block: 18
  • Lot: 6
  • Municipality: MILTON
  • Latitude: 41.8864
  • Longitude: -88.063

    Address

  • Full Address: 735 Forest Ave
  • Address - House Number: 735
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Glen Ellyn
  • Carrier Code: C018
  • 4-Digit Zip Code: 3905
  • Zip Code: 60137

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $421,986
  • Tax Rate Code Area: 5036

    Market Valuation

  • Market Total Value: $169,080
  • Market Land Value: $123,150
  • Market Improvement Value: $45,930

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,360
  • Assessed Land Value: $41,050
  • Assessed Improvements Value: $15,310

    Sales

  • Current Sale Contract Date: Aug 01, 2022
  • Current Sale Recording Date: Aug 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 74611
  • Previous Sale Recording Date: Jul 26, 2021
  • Previous Sale Contract Date: Jul 15, 2021
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: 27
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 Glen Ellyn

Stats & Trends

Median Asking:

$589,000

Sale Price/ft²

$310

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2517 ft²

Average Home Age

48.8 years

Currently For Sale

36 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: Linda Weber, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11438542
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 735 Forest Avenue built and last sold?
The property at 735 Forest Avenue was built in 1923 and last sold on Aug 1, 2022 for $373,000.
How much is this home worth?
The estimated value of the home located at 735 Forest Avenue is $0.
What are some comparable homes to 735 Forest Avenue?
There are currently no comparable homes to 735 Forest Avenue.
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