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University Park 60484
737 Wright Road
$289,900
● House - Off Market

737 Wright Road

University Park, IL 60484
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,681 Ft²
$313,569
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

This beautiful home features an attached 2 car garage, 7 bedrooms, with one of the rooms doubling as an office, and an entertainment room. It also features a large master bedroom with a full bathroom and walk-in closet. This beautiful home has hardwood and carpet gracing the floors. Washer, dryer, and appliances are included as a bonus. Schedule your showing today.
Unit Size
2,681 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$108
Property Type
House
Property Taxes
$574
HOA Dues
-
Year Built
2002

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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 #11113846)

Price History

Date / Event Date Event Price
Jan 21, 2022 Sold
Premium
Sold
Jun 7, 2021 Listed by Dior Realty Group $289,900
Listed by Dior Realty Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 348
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,597
  • Total Building Area: 2,681
  • Building Area: 2,333
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,333
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WRIGHT ROAD
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 1 BLOCK 1 IN WRIGHT ROAD SUB, BEING A SUB OF PRT OF THE SE1/4 OF SEC. 12, T34N-R13E.

Neighborhood

  • School District Name: Crete-Monee Community Unit School District 201-U
  • Census Tract: 883605

Geography

  • Parcel: 21-14-12-404-036
  • Block: 1
  • Lot: 1
  • Meridian: SEC 12 TWN 34N RNG 13E
  • Municipality: MONEE
  • Latitude: 41.4423
  • Longitude: -87.6783

    Address

  • Full Address: 737 Wright Rd
  • Address - House Number: 737
  • Address - Street Name: Wright
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: University Park
  • Carrier Code: C007
  • 4-Digit Zip Code: 2967
  • Zip Code: 60484

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $803,068
  • Tax Rate Code Area: 2106

    Appraisal Valuation

  • Standard Deviation: 0.1636
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 271,659
  • High Value: 316,114
  • Low Value: 227,203

    Market Valuation

  • Market Total Value: $188,943
  • Market Land Value: $24,819
  • Market Improvement Value: $164,124

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,981
  • Assessed Land Value: $8,273
  • Assessed Improvements Value: $54,708

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 11, 2021
  • Current Sale Recording Date: Feb 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14881
  • Previous Sale Recording Date: Nov 26, 2001
  • Previous Sale Contract Date: Nov 02, 2001
  • Previous Sale Amount: $197,000
  • 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 University Park

Stats & Trends

Median Asking:

$205,500

Sale Price/ft²

$116

Below Asking

0.03%

Average Days on Market

49

Average Home Size

1887 ft²

Average Home Age

50.2 years

Currently For Sale

16 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 101 Shabbona Drive, Park Forest, IL, 60466

$2,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,092 ft²
101 Shabbona Drive, Park Forest, IL, 60466 Listing by Kierra Craig

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Tuwanna Dennis, Dior Realty Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11113846
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 737 Wright Road built and last sold?
The property at 737 Wright Road was built in 2002 and last sold on Nov 11, 2021 for $289,900.
How much is this home worth?
The estimated value of the home located at 737 Wright Road is $0.
What are some comparable homes to 737 Wright Road?
There are currently no comparable homes to 737 Wright Road.
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