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Morton Grove 60053
7916 Davis Street
$385,000
● House - Off Market

7916 Davis Street

MORTON GROVE, IL 60053
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,100 Ft²
$650,206
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

A wonderful place to call home! This meticulously maintained and updated throughout, sun-filled all brick Mortonaire bi-level offers over 2000 sq ft of living space.  Features: 4 bedrooms; 3 full bathrooms; newer kitchen with eating area; separate dining room; master bedroom with private bathroom; gleaming hardwood floors throughout; 2 car attached garage; large lot with fenced yard. Convenient location close to shopping, entertainment; pool/aquatic center; parks, tennis courts. A must see!
Unit Size
2,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$193
Property Type
House
Property Taxes
$596
HOA Dues
-
Year Built
1963

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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 #09644904)

Price History

Date / Event Date Event Price
Jun 22, 2017 Sold
Premium
Sold
Jun 1, 2017 Listed by Century 21 McMullen Real Estate Inc $405,000
Listed by Century 21 McMullen Real Estate Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 17
  • 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: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,504
  • Total Building Area: 1,479
  • Gross Building Area: 1,479
  • Building Area: 1,479
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,479
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWS LANE 05/ROBBINS
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34

Neighborhood

  • School District Name: East Maine School District 63
  • Census Tract: 805301

Geography

  • District: 22
  • Parcel: 09-13-306-019-0000
  • Lot: 198
  • Meridian: SEC 13 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0463
  • Longitude: -87.8239

    Address

  • Full Address: 7916 Davis St
  • Address - House Number: 7916
  • Address - Street Name: Davis
  • Address - Suffix Type: St
  • State: IL
  • City Name: Morton Grove
  • Carrier Code: C020
  • 4-Digit Zip Code: 1821
  • Zip Code: 60053

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $866,582
  • Tax Rate Code Area: 22054

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 436,322
  • High Value: 535,952
  • Low Value: 336,692

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $86,300
  • Market Improvement Value: $283,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000
  • Assessed Land Value: $8,630
  • Assessed Improvements Value: $28,370

    Sales

  • Current Sale Contract Date: Jun 22, 2017
  • Current Sale Recording Date: Jul 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1719829086
  • Previous Sale Recording Date: Jul 16, 2002
  • Previous Sale Contract Date: Jun 19, 2002
  • Previous Sale Amount: $321,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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 Morton Grove

Stats & Trends

Median Asking:

$479,000

Sale Price/ft²

$276

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1537 ft²

Average Home Age

47.4 years

Currently For Sale

41 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: , Century 21 McMullen Real Estate Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 09644904
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 7916 Davis Street built and last sold?
The property at 7916 Davis Street was built in 1963 and last sold on Jun 22, 2017 for $385,000.
How much is this home worth?
The estimated value of the home located at 7916 Davis Street is $0.
What are some comparable homes to 7916 Davis Street?
There are currently no comparable homes to 7916 Davis Street.
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