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Bridgeview 60455
7717 Suburban Lane
$252,500
● House - Off Market

7717 Suburban Lane

Bridgeview, IL 60455
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,067 Ft²
$247,814
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Looking for spacious place?? Take a look at this 4 bedroom Cape cob. 2 bedrooms on the main floor, living room, kitchen and dining room combine with an open floor concept, Harwood floors throughout the main floor just recently redone.  2nd floor offers 2 additional bedrooms with brand new carpet.  Wooded deck and fence back yard for your enjoyment along with 2 car garage and Driveway for additional parking. Property is in good condition, but been sold "as is" Call for an appointment today!!
Unit Size
1,067 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$230
Property Type
House
Property Taxes
$532
HOA Dues
-
Year Built
1952

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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 #11334180)

Price History

Date / Event Date Event Price
May 16, 2022 Sold
Premium
Sold
Feb 27, 2022 Listed by RE/MAX Partners $245,900
Listed by RE/MAX Partners

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,020
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 600
  • Total Building Area: 809
  • Gross Building Area: 809
  • Building Area: 809
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 809
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GILBERT & WOLFS BRIDGEVIEW GARDENS UNIT2
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (GILBERT) & (WOLFS) (BRIDGEVIEW) GARDENS (UNIT2) SUB OF NH SW SEC 24-38-12

Neighborhood

  • School District Name: Argo Community High School District 217
  • Census Tract: 820501

Geography

  • District: 21
  • Parcel: 18-24-307-008-0000
  • Lot: 246
  • Meridian: SEC 24 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.7684
  • Longitude: -87.8124

    Address

  • Full Address: 7717 Suburban Ln
  • Legal Unit: 2
  • Address - House Number: 7717
  • Address - Street Name: Suburban
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bridgeview
  • Carrier Code: C073
  • 4-Digit Zip Code: 1044
  • Zip Code: 60455

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $660,837
  • Tax Rate Code Area: 21026

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 265,003
  • High Value: 291,797
  • Low Value: 238,209

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $45,090
  • Market Improvement Value: $174,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,000
  • Assessed Land Value: $4,509
  • Assessed Improvements Value: $17,491

    Sales

  • Current Sale Contract Date: May 16, 2022
  • Current Sale Recording Date: May 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18194
  • Previous Sale Recording Date: Sep 23, 2005
  • Previous Sale Contract Date: Sep 12, 2005
  • Previous Sale Amount: $227,000
  • 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 Bridgeview

Stats & Trends

Median Asking:

$334,000

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1722 ft²

Average Home Age

49.3 years

Currently For Sale

29 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

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MRED

Listed by: Alejandra Benitez, RE/MAX Partners
Last Updated: 3 years ago
Data Source: MRED, MLS# 11334180
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 7717 Suburban Lane built and last sold?
The property at 7717 Suburban Lane was built in 1952 and last sold on May 16, 2022 for $252,500.
How much is this home worth?
The estimated value of the home located at 7717 Suburban Lane is $0.
What are some comparable homes to 7717 Suburban Lane?
There are currently no comparable homes to 7717 Suburban Lane.
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