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Chicago 60631 Edison Park
7510 W Devon Avenue
$417,900
● House - Off Market

7510 W Devon Avenue

Chicago, IL 60631
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,000 Ft²
$630,511
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Great 4 bed/4 bath home on the far northwest side of Chicago. The house was totally rehabbed in 2006 and the second floor addition was added - over 3,000 square feet of living space. This house is in the Edison Park neighborhood - only three blocks from Park Ridge. Close to transportation (CTA, Metra), 90, 294, O'Hare, and shopping. Olympia Park is a few blocks away with downtown Edison being not much further. 2 car garage (the door is 8 feet tall) with access from the alley. 2 heating and AC systems - 1 for 2nd floor, 1 for 1st and basement. Nothing to do, just move in. Taxes are without Homeowner's Exemption.
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$142
Property Type
House
Property Taxes
$774
HOA Dues
-
Year Built
1963

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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 #10165978)

Price History

Date / Event Date Event Price
Apr 11, 2019 Sold
Premium
Sold
Jan 6, 2019 Listed by arhome realty $424,900
Listed by arhome realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • 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: 2,750
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,061
  • Gross Building Area: 2,061
  • Building Area: 2,061
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,061
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BERRY COS DEVON HARLEM
  • Land Acres: 0000000063
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: H ROY (BERRY) COS (DEVON) (HARLEM) SUB OF PTS SECS1-4 0-12 & SH OF SEC 36-41-12

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 090300

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 09-36-426-051-0000
  • Lot: 84
  • Meridian: SEC 36 TWN 41N RNG 12E
  • Municipality: JEFFERSON
  • Latitude: 41.9974
  • Longitude: -87.8141

    Address

  • Full Address: 7510 W Devon Ave
  • Address - House Number: 7510
  • Street Direction: W
  • Address - Street Name: Devon
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C028
  • 4-Digit Zip Code: 1534
  • Zip Code: 60631

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $824,474
  • Tax Rate Code Area: 71001

    Appraisal Valuation

  • Standard Deviation: 0.2289
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 563,745
  • High Value: 692,841
  • Low Value: 434,649

    Market Valuation

  • Market Total Value: $435,050
  • Market Land Value: $55,000
  • Market Improvement Value: $380,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,505
  • Assessed Land Value: $5,500
  • Assessed Improvements Value: $38,005

    Sales

  • Current Sale Contract Date: Apr 11, 2019
  • Current Sale Recording Date: Apr 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1910722170
  • Previous Sale Recording Date: Dec 10, 2004
  • Previous Sale Contract Date: Oct 28, 2004
  • Previous Sale Amount: $306,000
  • Previous Sale Document Type: 41
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 Northwest Side

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$285

Above Asking

0.00%

Average Days on Market

42

Average Home Size

1215 ft²

Average Home Age

78.8 years

Currently For Sale

802 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 7432 N Odell Avenue, Chicago, IL, 60631

$4,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,939 ft²
7432 N Odell Avenue, Chicago, IL, 60631 Listing by Alicia Kuzma

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Janusz Maka, arhome realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 10165978
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 7510 West Devon Avenue built and last sold?
The property at 7510 West Devon Avenue was built in 1963 and last sold on Apr 11, 2019 for $418,000.
How much is this home worth?
The estimated value of the home located at 7510 West Devon Avenue is $0.
What are some comparable homes to 7510 West Devon Avenue?
There are currently no comparable homes to 7510 West Devon Avenue.
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