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Burr Ridge 60527
8170 Ridgepointe Drive
$776,000
● House - Off Market

8170 Ridgepointe Drive

Burr Ridge, IL 60527
bedrooms
5 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
5,345 Ft²
$705,427
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Living in central Burr Ridge is a perpetually popular choice. And who doesn't love the Gower school district? There's convenient access to the Burr Ridge Village Center and Interstate 55. Here's a private .5+/- acre interior lot on a very quiet street.  The floor plan could not be any more family-friendly. There are  four second floor bedrooms and a fifth bedroom (or office) on the first floor. There's an additional  bedroom on the lower level. The signature component of this home is the updated and open kitchen/breakfast room/dining room areas.  Finished lower level with bar. The assessor reports the above ground square footage as 3,434 with an additional 1,911 square feet in the lower level for a total of 5,345 square feet. Attached, side load three car attached garage.
Unit Size
5,345 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$131
Property Type
House
Property Taxes
$981
HOA Dues
-
Year Built
1984

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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 #11741614)

Price History

Date / Event Date Event Price
May 17, 2023 Sold
Premium
Sold
Mar 21, 2023 Listed by @properties Christie's International Real Estate $700,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 1
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,911
  • Garage Type: 7
  • Garage Square Area: 704
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 5,345
  • Gross Building Area: 5,345
  • Building Area: 3,434
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,434
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEECHEN & DILLS LAKE RIDGE SUB
  • Land Acres: 0000000470
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: BEECHEN & DILLS LAKE RIDGE SUB ALL

Neighborhood

  • School District Name: Hinsdale Township High School District 86
  • School Tax School District: TRI-STATE
  • Census Tract: 845902

Zoning

  • Zoning: R

Geography

  • Parcel: 09-36-106-010
  • Lot: 40
  • Municipality: DOWNERS GROVE
  • Latitude: 41.7405
  • Longitude: -87.926

    Address

  • Full Address: 8170 Ridgepointe Dr
  • Address - House Number: 8170
  • Address - Street Name: Ridgepointe
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Burr Ridge
  • Carrier Code: C056
  • 4-Digit Zip Code: 5982
  • Zip Code: 60527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,223,250
  • Tax Rate Code Area: 9030

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 834,319
  • High Value: 977,520
  • Low Value: 691,118

    Market Valuation

  • Market Total Value: $745,980
  • Market Land Value: $305,790
  • Market Improvement Value: $440,190

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $248,660
  • Assessed Land Value: $101,930
  • Assessed Improvements Value: $146,730

    Sales

  • Current Sale Contract Date: Apr 28, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33438
  • Previous Sale Recording Date: Sep 28, 2004
  • Previous Sale Contract Date: Sep 16, 2004
  • Previous Sale Amount: $655,000
  • 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 Burr Ridge

Stats & Trends

Median Asking:

$950,000

Sale Price/ft²

$282

Below Asking

0.01%

Average Days on Market

42

Average Home Size

4244 ft²

Average Home Age

33.5 years

Currently For Sale

33 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 106 69th Street, Darien, IL, 60561

$4,250 /mo

  • 4 Beds
  • 2 Baths
  • 1,816 ft²
106 69th Street, Darien, IL, 60561 Listing by Brittany Simon

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Bryan Bomba, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11741614
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 8170 Ridgepointe Drive built and last sold?
The property at 8170 Ridgepointe Drive was built in 1984 and last sold on Apr 28, 2023 for $776,000.
How much is this home worth?
The estimated value of the home located at 8170 Ridgepointe Drive is $0.
What are some comparable homes to 8170 Ridgepointe Drive?
There are currently no comparable homes to 8170 Ridgepointe Drive.
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