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Darien 60561
7618 Gail Avenue
$350,000
● House - Off Market

7618 Gail Avenue

Darien, IL 60561
bedrooms
3 Beds
bathrooms
2 Baths
$354,695
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
House
Property Taxes
$441
HOA Dues
-
Year Built
1960

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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 #11341956)

Price History

Date / Event Date Event Price
Apr 21, 2022 Sold
Premium
Sold
Mar 8, 2022 Listed by Extreme Realty LLC $349,900
Listed by Extreme Realty LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 988
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 2,336
  • Gross Building Area: 2,336
  • Building Area: 1,348
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,348
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROOKHAVEN MANOR
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: BROOKHAVEN MANOR

Neighborhood

  • School District Name: Hinsdale Township High School District 86
  • School Tax School District: TRI-STATE
  • Census Tract: 845810

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: 3207-B2
  • Parcel: 09-27-304-006
  • Lot: 141
  • Municipality: DOWNERS GROVE
  • Latitude: 41.749
  • Longitude: -87.9733

    Address

  • Full Address: 7618 Gail Ave
  • Address - House Number: 7618
  • Address - Street Name: Gail
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Darien
  • Carrier Code: C026
  • 4-Digit Zip Code: 4514
  • Zip Code: 60561

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $592,606
  • Tax Rate Code Area: 9064

    Appraisal Valuation

  • Standard Deviation: 0.153
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 377,386
  • High Value: 435,146
  • Low Value: 319,627

    Market Valuation

  • Market Total Value: $283,560
  • Market Land Value: $112,950
  • Market Improvement Value: $170,610

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $94,520
  • Assessed Land Value: $37,650
  • Assessed Improvements Value: $56,870

    Sales

  • Current Sale Contract Date: Apr 05, 2022
  • Current Sale Recording Date: Apr 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 43195
  • Previous Sale Recording Date: Jul 16, 2021
  • Previous Sale Contract Date: Jul 02, 2021
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: 71
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 Darien

Stats & Trends

Median Asking:

$460,000

Sale Price/ft²

$249

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2282 ft²

Average Home Age

43.6 years

Currently For Sale

58 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 21 Kyle Court, Willowbrook, IL, 60527

$2,700 /mo

  • 2 Beds
  • 2 Baths
21 Kyle Court, Willowbrook, IL, 60527 Listing by Keith Brand
Unit for rent at 7827 Rohrer Drive, Downers Grove, IL, 60516

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,850 ft²
7827 Rohrer Drive, Downers Grove, IL, 60516 Listing by Samer Abunaser

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Emmanuel Nevarez, Extreme Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11341956
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 7618 Gail Avenue built and last sold?
The property at 7618 Gail Avenue was built in 1960 and last sold on Apr 5, 2022 for $350,000.
How much is this home worth?
The estimated value of the home located at 7618 Gail Avenue is $353,399.
What are some comparable homes to 7618 Gail Avenue?
There are currently no comparable homes to 7618 Gail Avenue.
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