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Niles 60714 Niles
8435 W Normal Avenue
$352,000
● House - Off Market

8435 W Normal Avenue

Niles, IL 60714
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,095 Ft²
$407,630
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Welcome home to this 3 bedroom 2 bath split level with large private backyard and side drive. Come take a look at some of the recent updates in the kitchen and bathrooms.  You will love the hardwood floors upstairs, ample closet space, and newer windows and doors! Close to shopping, transportation, and parks. Niles taxes in Park Ridge school district.
Unit Size
1,095 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$338
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1962

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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 #11268447)

Price History

Date / Event Date Event Price
Dec 30, 2021 Sold
Premium
Sold
Nov 11, 2021 Listed by @properties $369,999
Listed by @properties

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 530
  • Total Building Area: 1,095
  • Gross Building Area: 1,095
  • Building Area: 1,095
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,095
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREENWOOD ESTATE
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (GREENWOOD)(ESTATE) SUB IN EH SW SEC 23-41-12

Neighborhood

  • School District Name: Park Ridge Consolidated Community School District 64
  • Census Tract: 805902

Geography

  • District: 22
  • Parcel: 09-23-323-017-0000
  • Lot: 117
  • Meridian: SEC 23 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0306
  • Longitude: -87.8372

    Address

  • Full Address: 8435 W Normal Ave
  • Address - House Number: 8435
  • Street Direction: W
  • Address - Street Name: Normal
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Niles
  • Carrier Code: C012
  • 4-Digit Zip Code: 2325
  • Zip Code: 60714

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $972,187
  • Tax Rate Code Area: 22023

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 371,284
  • High Value: 408,823
  • Low Value: 333,744

    Market Valuation

  • Market Total Value: $326,520
  • Market Land Value: $68,750
  • Market Improvement Value: $257,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,652
  • Assessed Land Value: $6,875
  • Assessed Improvements Value: $25,777

    Sales

  • Current Sale Contract Date: Dec 29, 2021
  • Current Sale Recording Date: Jan 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2203112413
  • Previous Sale Recording Date: Jun 28, 1995
  • Previous Sale Contract Date: Jun 14, 1995
  • Previous Sale Amount: $199,000
  • 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:

$419,950

Sale Price/ft²

$268

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1730 ft²

Average Home Age

47.7 years

Currently For Sale

40 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 7847 Maple Street, Morton Grove, IL, 60053

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
7847 Maple Street, Morton Grove, IL, 60053 Listing by George Tai
Unit for rent at 9104 Oleander Avenue, Morton Grove, IL, 60053

$3,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,066 ft²
9104 Oleander Avenue, Morton Grove, IL, 60053 Listing by Edmon Antar

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jason Giambarberee, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11268447
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 8435 West Normal Avenue built and last sold?
The property at 8435 West Normal Avenue was built in 1962 and last sold on Dec 29, 2021 for $352,000.
How much is this home worth?
The estimated value of the home located at 8435 West Normal Avenue is $371,379.
What are some comparable homes to 8435 West Normal Avenue?
There are currently no comparable homes to 8435 West Normal Avenue.
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