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Addison 60101
839 N Sumner Street
$253,000
● House - Off Market

839 N Sumner Street

ADDISON, IL 60101
bedrooms
3 Beds
bathrooms
2 Baths
$414,014
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Wonderful, completely renovated 3 bedroom 2 bathroom brick ranch. Functional open layout. Kitchen with solid wood maple cabinets, granite counter tops , back-splash and floor/ huge island and access to back yard deck. Kitchen is combined with a living room, and this gives a modern effect, and also adds space. The first floor has hardwood  floors and is freshly painted. We also have an innovative solution in the bathroom where the Jacuzzi is connected with a standing shower. All done in travertine tiles and glass door. Completely finished basement with family room, bar and full bathroom. In addition - new 2016 roof, newer windows, long driveway , oversize 2 car garage, fire pit, utility shed and smoker behind the garage. Near to parks and shopping.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1967

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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 #09617887)

Price History

Date / Event Date Event Price
Jul 7, 2017 Sold
Premium
Sold
May 5, 2017 Listed by arhome realty $259,000
Listed by arhome realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 9
  • 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: 9
  • Basement Area: 1,113
  • Garage Type: 4
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 136
  • Lot Size Frontage Feet: 63
  • Total Building Area: 2,226
  • Gross Building Area: 2,226
  • Building Area: 1,113
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,113
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 2ND ADD TO WOOD DALE
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: 2ND ADD TO WOOD DALE S 1/2

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: 03-21-106-002
  • Block: 7
  • Lot: 10
  • Municipality: ADDISON
  • Latitude: 41.9432
  • Longitude: -87.997

    Address

  • Full Address: 839 N Sumner St
  • Address - House Number: 839
  • Street Direction: N
  • Address - Street Name: Sumner
  • Address - Suffix Type: St
  • State: IL
  • City Name: Addison
  • Carrier Code: C007
  • 4-Digit Zip Code: 1337
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $545,888
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 338,710
  • High Value: 397,071
  • Low Value: 280,350

    Market Valuation

  • Market Total Value: $240,360
  • Market Land Value: $103,590
  • Market Improvement Value: $136,770

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,120
  • Assessed Land Value: $34,530
  • Assessed Improvements Value: $45,590

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 07, 2017
  • Current Sale Recording Date: Jul 13, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2017-070588
  • Previous Sale Recording Date: Dec 14, 2005
  • Previous Sale Contract Date: Dec 12, 2005
  • Previous Sale Amount: $274,500
  • 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:

$399,900

Sale Price/ft²

$222

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1969 ft²

Average Home Age

39.7 years

Currently For Sale

48 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

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MRED

Listed by: Malgorzata Wasik, arhome realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 09617887
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 839 North Sumner Street built and last sold?
The property at 839 North Sumner Street was built in 1967 and last sold on Jul 7, 2017 for $265,000.
How much is this home worth?
The estimated value of the home located at 839 North Sumner Street is $0.
What are some comparable homes to 839 North Sumner Street?
There are currently no comparable homes to 839 North Sumner Street.
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