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Bridgeview 60455
7906 W 81st Place
$310,000
● House - Off Market

7906 W 81st Place

Bridgeview, IL 60455
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,176 Ft²
$1,721
Est. Monthly
8.99%
Cap Rate
Unit Size
1,176 Ft²
Days on Market
-
Land Size
-
Price per sqft
$255
Property Type
House
Property Taxes
$247
HOA Dues
-
Year Built
1968

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Cap Rate Calculator

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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

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: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,620
  • Total Building Area: 1,176
  • Gross Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AVE ESTATES SUB
  • Land Acres: 0000000175
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (KEARNEYS) RESUB OF LTS 78-91 INCL WITH PT VAC 79TH A VE ALL IN LANDS 79TH AVE ESTATES SUB WH NW SEC 36-38-12

Neighborhood

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

Geography

  • District: 21
  • Parcel: 18-36-115-007-0000
  • Lot: 78-91
  • Meridian: SEC 36 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.7434
  • Longitude: -87.8166

    Address

  • Full Address: 7906 W 81st Pl
  • Address - House Number: 7906
  • Street Direction: W
  • Address - Street Name: 81st
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Bridgeview
  • Carrier Code: C090
  • 4-Digit Zip Code: 1635
  • Zip Code: 60455

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $354,377
  • Tax Rate Code Area: 21028

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 303,523
  • High Value: 374,771
  • Low Value: 232,275

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $34,290
  • Market Improvement Value: $245,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $3,429
  • Assessed Improvements Value: $24,571

    Sales

  • Current Sale Contract Date: Apr 29, 2005
  • Current Sale Recording Date: May 19, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0513926232

    Financing

  • First Mortgage Financing Type: FIX
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:

$330,750

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1672 ft²

Average Home Age

52.4 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

Unit for rent at 7119 Stanford Drive, Bridgeview, IL, 60455

$2,650 /mo

  • 3 Beds
  • 2 Baths
  • 1,400 ft²
7119 Stanford Drive, Bridgeview, IL, 60455 Listing by Aaron Lang
Unit for rent at 8216 Rachel Lane, Justice, IL, 60458

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,326 ft²
8216 Rachel Lane, Justice, IL, 60458 Listing by Nora Gomez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mark Javier, Chicagoland Brokers, Inc.
Data Source: MRED, MLS# MRD12352012
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 7906 West 81st Place built and last sold?
The property at 7906 West 81st Place was built in 1968 and last sold on Apr 29, 2005 for $263,000.
How much is this home worth?
The estimated value of the home located at 7906 West 81st Place is $302,447.
What are some comparable homes to 7906 West 81st Place?
There are currently no comparable homes to 7906 West 81st Place.
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