$280,000
●
House -
Off Market
8317 W Coral Drive
Norridge, IL 60706
3 Beds
2 Baths
1,335 Ft²
$343,218
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
HERE IS YOUR OPPORTUNITY TO REMODEL A SPACIOUS 3 BEDROOM, 2 FULL
BATH BRICK SPLIT LEVEL IN A VERY DESIREABLE LOCATION OF NORRIDGE.
LARGE L-SHAPED LIVING ROOM AND DINING ROOM, A EAT-IN KITCHEN, HUGE
REC ROOM AND A LARGE LAUNDRY/UTILITY ROOM. THERE IS GREAT CLOSET
SPACE AND STORAGE IN THIS HOME. THERE ARE HARDWOOD FLOORS ON THE
UPPER LEVEL IN THE BEDROOMS AND ON THE MAIN LEVEL IN THE LIVING
ROOM AND DINING ROOM. THE ROOF IS IN VERY GOOD CONDITION...THERE IS
A BOILER FOR HEAT / NO AIR CONDITIONING. ATTACHED 1-CAR GARAGE WITH
A PARTY DOOR AT THE REAR OF THE GARAGE. HUGE CONCRETE PATIO, NICE
SIZE YARD AND SHED. HOME IS SOLD AS-IS. PLEASE NOTE; THERE IS NOT A
HOME OWNERS EXEMPTION ON THE REAL ESTATE TAXES. PLEASE WRITE OFFERS
ON A 7.0 CONTRACT.
Unit Size
1,335 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$225
Property Type
House
Property Taxes
$601
HOA Dues
-
Year Built
1964
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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 #11102780)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 23, 2022 | Sold | ||
| Sold | |||
| Feb 16, 2022 | No longer available | - | |
| No longer available | |||
| Feb 15, 2022 | Listed by RE/MAX Destiny | $424,900 | |
| Listed by RE/MAX Destiny | |||
| | |||
|
Outstanding remodel all brick split level with all building permits pulled. This home has new thermo windows t/o except glass block windows. Living room features new entrance door and can lights. Hardwood floors in LR/DR, hallway, 3 bedroom and stairs. 5 1/4 in baseboard t/o. All new light fixtures t/o. Kitchen features 42" white shaker cabinets, quartz countertop, new SS appliances and SS sink, breakfast bar, ceramic tile floor and can lights. Full bath is new tub with ceramic tile walls and floor, double sinks and new faucets. All new 2 panel arch doors. 3 decent size bedrooms King size family room with lots of windows for sunshine on lower level with wood laminate flooring. Lower-level bath with new shower with ceramic walls and floor, new vanity, mirror and faucet. New hot water tank. Boiler replaced approx. 2014. Almost all water pipes were replaced with copper and most drain pipes replaced with pvc. Electrical is updated to current electrical for Norridge. New fuse box. Outside concrete patio.
| |||
| Feb 1, 2022 | Listed by RE/MAX Destiny | $425,000 | |
| Listed by RE/MAX Destiny | |||
| | |||
|
Outstanding remodel all brick split level with all building permits pulled. This home has new thermo windows t/o except glass block windows. Living room features new entrance door and can lights. Hardwood floors in LR/DR, hallway, 3 bedroom and stairs. 5 1/4 in baseboard t/o. All new light fixtures t/o. Kitchen features 42" white shaker cabinets, quartz countertop, new SS appliances and SS sink, breakfast bar, ceramic tile floor and can lights. Full bath is new tub with ceramic tile walls and floor, double sinks and new faucets. All new 2 panel arch doors. 3 decent size bedrooms King size family room with lots of windows for sunshine on lower level with wood laminate flooring. Lower-level bath with new shower with ceramic walls and floor, new vanity, mirror and faucet. New hot water tank. Boiler replaced approx. 2014. Almost all water pipes were replaced with copper and most drain pipes replaced with pvc. Electrical is updated to current electrical for Norridge. New fuse box. Outside concrete patio. The manager has listed the unit size as 1335 square feet.
| |||
| Aug 5, 2021 | Sold | ||
| Sold | |||
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About Northwest Side
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Listed by: Christopher Demos, Century 21 Elm, Realtors
Last Updated: 3 years ago
Data Source: MRED, MLS# 11102780
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11102780
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