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Riverside 60546
736 Arlington Road
$560,000
● House - Off Market

736 Arlington Road

Riverside, IL 60546
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,400 Ft²
$529,087
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Classic brick colonial is located in historic Riverside! The first floor has a formal living room with a gas fireplace, a separate dining room, a spacious carpeted family room with a beamed ceiling, and an updated kitchen with oak cabinets and ample counter space. Second floor features three spacious bedrooms, a full bath, and two walk-in closets, with one in the primary bedroom. The basement office contains a wood-burning fireplace, laundry room has a washer and dryer, and storage cabinets and closets. Updates from 2020 include re-painted basement with upgraded tiles, and paint on the bar. New overhead sewage system. New backyard fence and driveway gate. Installed smart thermostat and security cameras. Smart Smoke detectors. Upgraded the powder room.  Custom ventless fireplace in the living room with wireless remote. New 400 sqft composite wood deck in the backyard with built in lighting, including grilling patio. Smart locks on the front and back door.
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$219
Property Type
House
Property Taxes
$1,026
HOA Dues
-
Year Built
1948

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 63
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 7,150
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 1,450
  • Total Building Area: 1,984
  • Gross Building Area: 1,984
  • Building Area: 1,984
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,984
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARLEM AVE SUB
  • Land Acres: 0000000164
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: (SUBDIVISION) OF LT A IN KIRCHMAN & JEDLANS RIVERSIDE PKWY & HARLEM AVE SUB OF PT LT 2 & ALL OF LT3&4 IN CIRCUIT COURT PARTIT

Neighborhood

  • School District Name: Riverside Brookfield Township School District 208
  • Census Tract: 815701

Geography

  • District: 34
  • Parcel: 15-25-417-007-0000
  • Lot: 2-4,A
  • Meridian: SEC 25 TWN 39N RNG 12E
  • Municipality: RIVERSIDE
  • Latitude: 41.8366
  • Longitude: -87.8056

    Address

  • Full Address: 736 Arlington Rd
  • Address - House Number: 736
  • Address - Street Name: Arlington
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Riverside
  • Carrier Code: C005
  • 4-Digit Zip Code: 1702
  • Zip Code: 60546

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,449,442
  • Tax Rate Code Area: 34006

    Appraisal Valuation

  • Standard Deviation: 0.2271
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 532,005
  • High Value: 652,851
  • Low Value: 411,159

    Market Valuation

  • Market Total Value: $449,850
  • Market Land Value: $71,500
  • Market Improvement Value: $378,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,985
  • Assessed Land Value: $7,150
  • Assessed Improvements Value: $37,835

    Sales

  • Current Sale Contract Date: May 25, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7512
  • Previous Sale Recording Date: Oct 01, 2020
  • Previous Sale Contract Date: Aug 06, 2020
  • Previous Sale Amount: $449,000
  • 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 Riverside

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$288

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2017 ft²

Average Home Age

77 years

Currently For Sale

8 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 7233 38th Place, Lyons, IL, 60534

$2,900 /mo

  • 4 Beds
  • 2 Baths
  • 1,600 ft²
7233 38th Place #1, Lyons, IL, 60534 Listing by Erika Villegas
Unit for rent at 1838 Maple Avenue, Berwyn, IL, 60402

$2,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,913 ft²
1838 Maple Avenue, Berwyn, IL, 60402 Listing by Jyotsna Somaraju
Unit for rent at 6604 Roosevelt Road, Oak Park, IL, 60304

$2,600 /mo

  • 3 Beds
  • 1 Bath
  • 1,300 ft²
6604 Roosevelt Road #2F, Oak Park, IL, 60304 Listing by Peter Liu

Rentals Near You

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MRED

Listed by: Jennifer Fay, RE/MAX NEXT
Data Source: MRED, MLS# MRD11365969
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 736 Arlington Road built and last sold?
The property at 736 Arlington Road was built in 1948 and last sold on May 25, 2022 for $560,000.
How much is this home worth?
The estimated value of the home located at 736 Arlington Road is $0.
What are some comparable homes to 736 Arlington Road?
There are currently no comparable homes to 736 Arlington Road.
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