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Niles 60714 Niles
8029 W Davis Street
$1,050,000
● House - Off Market

8029 W Davis Street

Niles, IL 60714
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,986 Ft²
$6,321
Est. Monthly
4.91%
Cap Rate

About This Property

Stunning custom built home with two story foyer and high ceilings. Gorgeous hardwood floors throughout including all above grade bedrooms. Full basement is finished with 6th bedroom and full bath. Dual HVC. First floor office could be an additional bedroom. Kitchen has stainless steel appliances and granite countertops.  Dramatic oak staircase welcomes you.  Cedar deck.  3 car garage.  Stunning primary bedroom with large walk in closet and soaking tub.
Unit Size
3,986 Ft²
Days on Market
-
Land Size
-
Price per sqft
$251
Property Type
House
Property Taxes
$1,410
HOA Dues
-
Year Built
2004

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,016
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 590
  • Total Building Area: 3,986
  • Gross Building Area: 3,986
  • Building Area: 3,986
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,986
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KONSULOVS RESUB
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-08

Neighborhood

  • School District Name: East Maine School District 63
  • Census Tract: 806004

Geography

  • District: 22
  • Parcel: 09-14-412-057-0000
  • Lot: 2
  • Meridian: SEC 14 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0459
  • Longitude: -87.8272

    Address

  • Full Address: 8029 W Davis St
  • Address - House Number: 8029
  • Street Direction: W
  • Address - Street Name: Davis
  • Address - Suffix Type: St
  • State: IL
  • City Name: Niles
  • Carrier Code: C045
  • 4-Digit Zip Code: 1505
  • Zip Code: 60714

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,586,966
  • Tax Rate Code Area: 22021

    Appraisal Valuation

  • Standard Deviation: 0.2265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 821,291
  • High Value: 1,007,375
  • Low Value: 635,206

    Market Valuation

  • Market Total Value: $690,000
  • Market Land Value: $105,170
  • Market Improvement Value: $584,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,000
  • Assessed Land Value: $10,517
  • Assessed Improvements Value: $58,483

    Sales

  • Current Sale Contract Date: Mar 14, 2012
  • Current Sale Recording Date: Mar 23, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1208355000
  • Previous Sale Recording Date: Mar 01, 2005
  • Previous Sale Contract Date: Feb 08, 2005
  • Previous Sale Amount: $860,000
  • Previous Sale Document Type: 20
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 Niles

Stats & Trends

Median Asking:

$424,900

Sale Price/ft²

$268

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1704 ft²

Average Home Age

47.7 years

Currently For Sale

44 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 924 Brookline Lane, Park Ridge, IL, 60068

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,113 ft²
924 Brookline Lane, Park Ridge, IL, 60068 Listing by Ralph Milito

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Peter Yi, Century 21 Utmost
Data Source: MRED, MLS# MRD12323173
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 8029 West Davis Street built and last sold?
The property at 8029 West Davis Street was built in 2004 and last sold on Mar 14, 2012 for $540,000.
How much is this home worth?
The estimated value of the home located at 8029 West Davis Street is $0.
What are some comparable homes to 8029 West Davis Street?
There are currently no comparable homes to 8029 West Davis Street.
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