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Bridgeview 60455
7807 W 74TH Place
$254,000
● House - Off Market

7807 W 74TH Place

Bridgeview, IL 60455
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,120 Ft²
$275,724
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Welcome home! Move in ready 3 bedroom 1 and a half bath ranch with beautiful curb appeal in the heart of Bridgeview. Hardwood floors throughout. Vinyl windows. Extra blown-in insulation which will keep those utility bills down and the home feeling cozy all year round. The attic has pull down stairs and a fully finished floor for tons of extra storage. As you exit the home you are greeted by a large beautifully landscaped, fully fenced yard with inground sprinkler system and a 2 and a half car garage with a finished attic and a built on shed. Walking distance to the elementary school. Furnace(2005)Roofs(2010)AC(2013)HW(2016) *Bring your decorating ideas and make this home your own!!
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$232
Property Type
House
Property Taxes
$441
HOA Dues
-
Year Built
1963

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11657491)

Price History

Date / Event Date Event Price
Dec 9, 2022 Sold
Premium
Sold
Oct 21, 2022 Listed by Baird & Warner $259,900
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 7,980
  • Total Building Area: 1,120
  • Gross Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAKAROFFS SUB
  • Land Acres: 0000000183
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (MAKAROFFS) SUB OF NH SH SH SW NW SH SW NW SEC 25-38-12

Neighborhood

  • School District Name: Indian Springs School District 109
  • Census Tract: 820501

Geography

  • District: 21
  • Parcel: 18-25-112-009-0000
  • Lot: 18
  • Meridian: SEC 25 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.7557
  • Longitude: -87.8151

    Address

  • Full Address: 7807 W 74th Pl
  • Address - House Number: 7807
  • Street Direction: W
  • Address - Street Name: 74th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Bridgeview
  • Carrier Code: C073
  • 4-Digit Zip Code: 1232
  • Zip Code: 60455

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $519,191
  • Tax Rate Code Area: 21028

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 264,058
  • High Value: 290,757
  • Low Value: 237,360

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $35,910
  • Market Improvement Value: $174,090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $3,591
  • Assessed Improvements Value: $17,409

    Sales

  • Current Sale Contract Date: Dec 06, 2022
  • Current Sale Recording Date: Jan 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 25084
  • Previous Sale Recording Date: Aug 31, 2001
  • Previous Sale Contract Date: Aug 17, 2001
  • Previous Sale Amount: $153,000
  • 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:

$331,500

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1565 ft²

Average Home Age

53.2 years

Currently For Sale

26 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 7241 Beloit Avenue, Bridgeview, IL, 60455

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,069 ft²
7241 Beloit Avenue, Bridgeview, IL, 60455 Listing by Fares Suleiman

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ray DeNardis, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11657491
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 7807 West 74th Place built and last sold?
The property at 7807 West 74th Place was built in 1963 and last sold on Dec 6, 2022 for $254,000.
How much is this home worth?
The estimated value of the home located at 7807 West 74th Place is $0.
What are some comparable homes to 7807 West 74th Place?
There are currently no comparable homes to 7807 West 74th Place.
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