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Bridgeview 60455
7848 W 80th Place
$320,000
● House - Off Market

7848 W 80th Place

Bridgeview, IL 60455
bedrooms
6 Beds
bathrooms
3 Baths
square feet
1,600 Ft²
$2,256
Est. Monthly
8.12%
Cap Rate

About This Property

6 bedroom , 3 bath, 1600 SF of Ranch (1 level with Finished Basement) open floor plan concepts layout. George T Wilkins Jr High School , Wilkins Elementary School, Walking distance to Founders Park. Motivated Seller. No appointments after  5PM.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$200
Property Type
House
Property Taxes
$685
HOA Dues
-
Year Built
1968

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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 #11908638)

Price History

Date / Event Date Event Price
Dec 18, 2023 Sold
Premium
Sold
Oct 13, 2023 Listed by Chicagoland Brokers, Inc. $320,000
Listed by Chicagoland Brokers, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • 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: 8,001
  • Total Building Area: 1,380
  • Gross Building Area: 1,380
  • Building Area: 1,380
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,380
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CASUALS NEW MANOR
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

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

Geography

  • District: 21
  • Parcel: 18-36-118-035-0000
  • Lot: 28
  • Meridian: SEC 36 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.7451
  • Longitude: -87.8162

    Address

  • Full Address: 7848 W 80th Pl
  • Address - House Number: 7848
  • Street Direction: W
  • Address - Street Name: 80th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Bridgeview
  • Carrier Code: C090
  • 4-Digit Zip Code: 1425
  • Zip Code: 60455

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $879,584
  • Tax Rate Code Area: 21028

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 323,723
  • High Value: 390,784
  • Low Value: 256,663

    Market Valuation

  • Market Total Value: $290,010
  • Market Land Value: $36,010
  • Market Improvement Value: $254,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,001
  • Assessed Land Value: $3,601
  • Assessed Improvements Value: $25,400

    Sales

  • Current Sale Contract Date: Dec 14, 2023
  • Current Sale Recording Date: Jan 03, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6510
  • Previous Sale Recording Date: Feb 15, 2019
  • Previous Sale Contract Date: Feb 13, 2019
  • Previous Sale Amount: $231,000
  • 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

46

Average Home Size

1669 ft²

Average Home Age

51.5 years

Currently For Sale

28 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
Unit for rent at 8528 Thomas Charles Lane, Hickory Hills, IL, 60457

$2,750 /mo

  • 3 Beds
  • 3 Baths
  • 1,528 ft²
8528 Thomas Charles Lane #8528, Hickory Hills, IL, 60457 Listing by Maria Miller

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ismail Alarab, Chicagoland Brokers, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11908638
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 7848 West 80th Place built and last sold?
The property at 7848 West 80th Place was built in 1968 and last sold on Dec 14, 2023 for $320,000.
How much is this home worth?
The estimated value of the home located at 7848 West 80th Place is $0.
What are some comparable homes to 7848 West 80th Place?
There are currently no comparable homes to 7848 West 80th Place.
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