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Niles 60714 Niles
8357 W Golf Road
$230,000
● House - Off Market

8357 W Golf Road

NILES, IL 60714
bedrooms
Studio
bathrooms
0 Bath
$443,535
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

Very well established bakery shop.  business is growing every year. Can operate without owner. expandable to more branches.  Very Good Location,
Unit Size
-
Days on Market
-
Land Size
0.92 acres
Price per sqft
-
Property Type
House
Property Taxes
$83
HOA Dues
-
Year Built
1995

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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 #08935812)

Price History

Date / Event Date Event Price
Nov 16, 2015 Sold
Premium
Sold
May 28, 2015 Listed by Partners 4U Realty Inc. $250,000
Listed by Partners 4U Realty Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,500
  • Total Building Area: 3,093
  • Gross Building Area: 3,093
  • Building Area: 3,093
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,093
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLENVIEW ACRES/A T MCINTOSH
  • Land Acres: 0000000264
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

  • School District Name: East Maine School District 63
  • Census Tract: 805201

Geography

  • District: 22
  • Parcel: 09-11-307-038-0000
  • Lot: 2
  • Meridian: SEC 11 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0578
  • Longitude: -87.836

    Address

  • Full Address: 8357 W Kay St
  • Address - House Number: 8357
  • Street Direction: W
  • Address - Street Name: Kay
  • Address - Suffix Type: St
  • State: IL
  • City Name: Niles
  • Carrier Code: C033
  • 4-Digit Zip Code: 1018
  • Zip Code: 60714

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,427,406
  • Tax Rate Code Area: 22066

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 684,444
  • High Value: 840,730
  • Low Value: 528,158

    Market Valuation

  • Market Total Value: $610,000
  • Market Land Value: $120,750
  • Market Improvement Value: $489,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,000
  • Assessed Land Value: $12,075
  • Assessed Improvements Value: $48,925

    Sales

  • Current Sale Contract Date: Dec 29, 1994
  • Current Sale Recording Date: Jan 05, 1995
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 95008472
  • Previous Sale Recording Date: Mar 29, 1994
  • Previous Sale Contract Date: Feb 10, 1994
  • Previous Sale Amount: $60,000
  • 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 Niles

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$268

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1515 ft²

Average Home Age

49.2 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

Rentals Near You

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MRED

Listed by: Paul Kim, Partners 4U Realty Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 08935812
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 8357 West Golf Road built and last sold?
The property at 8357 West Golf Road was built in 1995 and last sold on Dec 29, 1994 for $310,000.
How much is this home worth?
The estimated value of the home located at 8357 West Golf Road is $0.
What are some comparable homes to 8357 West Golf Road?
There are currently no comparable homes to 8357 West Golf Road.
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