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Addison 60101
Undisclosed Address
$125,000
● House - Off Market

Undisclosed Address

ADDISON, IL 60101
bedrooms
3 Beds
bathrooms
1 Bath
$316,928
RealtyHop Estimate
111.43%
Since Apr 1, 2009
National-US
Primary Model

About This Property

MOVE RIGHT INTO THIS 3 BDRM 1 BATH RANCH SITS ON A BEAUTIFULLY LANDSCAPED  FENCED YR W/HUGE DECK . FEATURING AN EAT-IN KITCHEN WITH CATHEDRAL CEILING  VERY NICE KIT CABINETS. NICE SIZED LIVING ROOM WITH BIG WINDOW FOR YOUR RELAXATION, ONE CAR GAR.   SOLD AS IS. PERK UP THIS HOME WITH YOUR DECORATING IDEAS AND ENJOY!!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #07036674)

Price History

Date / Event Date Event Price
Mar 30, 2009 Sold
Premium
Sold
Sep 30, 2008 Listed by Popular Realty Group $149,900
Listed by Popular Realty Group

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 140
  • Lot Size Frontage Feet: 50
  • Total Building Area: 1,016
  • Gross Building Area: 1,016
  • Building Area: 1,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,016
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLD MILL ESTATES
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: OLD MILL ESTATES UNIT 2

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 840104

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2970-D3
  • Parcel: 03-20-222-039
  • Block: 1
  • Lot: 17
  • Municipality: ADDISON
  • Latitude: 41.9426
  • Longitude: -87.9987

    Address

  • Full Address: 824 N Neva Ave
  • Legal Unit: 2
  • Address - House Number: 824
  • Street Direction: N
  • Address - Street Name: Neva
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Addison
  • Carrier Code: C007
  • 4-Digit Zip Code: 1332
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 270,856
  • High Value: 313,430
  • Low Value: 228,281

    Market Valuation

  • Market Total Value: $194,610
  • Market Land Value: $92,010
  • Market Improvement Value: $102,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,870
  • Assessed Land Value: $30,670
  • Assessed Improvements Value: $34,200

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 22, 2014
  • Current Sale Recording Date: Dec 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2014-122674
  • Previous Sale Recording Date: Apr 06, 2009
  • Previous Sale Contract Date: Mar 30, 2009
  • Previous Sale Amount: $125,000
  • 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 Addison

Stats & Trends

Median Asking:

$401,266

Sale Price/ft²

$221

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1865 ft²

Average Home Age

40.8 years

Currently For Sale

42 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 125 S Maple Street, Itasca, IL, 60143

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,790 ft²
125 S Maple Street, Itasca, IL, 60143 Listing by James Diestel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Charo Fiorenzo, Popular Realty Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 07036674
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 824 North Neva Avenue built and last sold?
The property at 824 North Neva Avenue was built in 1958 and last sold on Dec 22, 2014 for $160,000.
How much is this home worth?
The estimated value of the home located at 824 North Neva Avenue is $0.
What are some comparable homes to 824 North Neva Avenue?
There are currently no comparable homes to 824 North Neva Avenue.
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