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River Forest 60305 River Forest
7624 Washington Boulevard
$560,000
● House - Off Market

7624 Washington Boulevard

RIVER FOREST, IL 60305
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,558 Ft²
$1,150,579
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model

About This Property

Unique architectural design gives this brick Georgian great appeal.  This 4 bdr, 2 1/2 bath home has been completely updated with a new eat-in gourmet kitchen.  High end app & custom cabinetry make this a great "chefs kitchen".  The beautiful carved mantel highlights the lrg lv rm. 1st flr fam rm extends from the spacious D/R & kit. New garage features awesome loft which can be finished into home office.
Unit Size
2,558 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$231
Property Type
House
Property Taxes
$1,127
HOA Dues
-
Year Built
1927

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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: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • 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: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,407
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 430
  • Total Building Area: 2,543
  • Gross Building Area: 2,543
  • Building Area: 2,543
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,543
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLIAM P TUTTLES RESUB OF LTS11-19 IN
  • Land Acres: 0000000147
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: WILLIAM P (TUTTLES) RESUB OF LTS11-19 INCL & W9FT OF LTS1-10 & E9FT OF LT21-30 INCL OF BLK3 & LTS1-9 OF BLK6 IN SEC12 IN RESU

Neighborhood

  • School District Name: River Forest School District 90
  • Census Tract: 812000

Geography

  • District: 33
  • Parcel: 15-12-310-023-0000
  • Block: 3,6
  • Lot: 1-19
  • Meridian: SEC 12 TWN 39N RNG 12E
  • Municipality: RIVER FOREST
  • Latitude: 41.8835
  • Longitude: -87.8159

    Address

  • Full Address: 7624 Washington Blvd
  • Address - House Number: 7624
  • Address - Street Name: Washington
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: River Forest
  • Carrier Code: C011
  • 4-Digit Zip Code: 2126
  • Zip Code: 60305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,800,733
  • Tax Rate Code Area: 33001

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 621,472
  • High Value: 684,308
  • Low Value: 558,636

    Market Valuation

  • Market Total Value: $730,000
  • Market Land Value: $68,880
  • Market Improvement Value: $661,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,000
  • Assessed Land Value: $6,888
  • Assessed Improvements Value: $66,112

    Sales

  • Current Sale Contract Date: Jun 27, 2023
  • Current Sale Recording Date: Jul 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 41258
  • Previous Sale Recording Date: Dec 05, 2013
  • Previous Sale Contract Date: Nov 15, 2013
  • Previous Sale Amount: $560,000
  • 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 River Forest

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$297

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1681 ft²

Average Home Age

68.9 years

Currently For Sale

32 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

Currently no nearby rentals
MRED

Listed by: Anthony Iwersen, Berkshire Hathaway HomeServices Chicago
Data Source: MRED, MLS# MRD08445396
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 7624 Washington Boulevard built and last sold?
The property at 7624 Washington Boulevard was built in 1927 and last sold on Jun 27, 2023 for $600,000.
How much is this home worth?
The estimated value of the home located at 7624 Washington Boulevard is $646,151.
What are some comparable homes to 7624 Washington Boulevard?
There are currently no comparable homes to 7624 Washington Boulevard.
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