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Niles 60714 Niles
8620 W Madison Drive
$475,000
● House - Off Market

8620 W Madison Drive

Niles, IL 60714
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,300 Ft²
$3,048
Est. Monthly
5.26%
Cap Rate

About This Property

It's a honey of a house! Owners have taken such loving care and constantly upgraded and updated to maintain the beautiful condition. Like new kitchen from top to bottom incl. custom cabinetry, granite counters & stainless steel appls, new furnace and humidifier, sump pump and back up battery system for peace of mind. Newer central air, updated bathrooms, and top of the line windows. The remote controlled retractable awning, and hot tub offers all season enjoyment. Theres attic storage in the attached garage, and in the bone dry huge cemented crawl. Within blocks of beautiful Park Ridge parks. Park Ridge schools, Main South high school, and low Niles taxes. And one block from our lady of ransom parish..
Unit Size
1,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$384
Property Type
House
Property Taxes
$598
HOA Dues
-
Year Built
1965

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Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #12061685)

Price History

Date / Event Date Event Price
Jul 18, 2024 Sold
Sold
Jun 4, 2024 Listed by Homesmart Connect LLC $499,000
Listed by Homesmart Connect LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,264
  • Total Building Area: 1,278
  • Gross Building Area: 1,278
  • Building Area: 1,278
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,278
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CALLERO & CATINOS RANSOM RIDGE SUB UNIT1
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (CALLERO) & (CATINOS) (RANSOM) RIDGE SUB (UNIT1) IN N W SW SEC 23-41-12

Neighborhood

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

Geography

  • District: 22
  • Parcel: 09-23-328-007-0000
  • Lot: 27
  • Meridian: SEC 23 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0301
  • Longitude: -87.8416

    Address

  • Full Address: 8620 W Madison Dr
  • Legal Unit: 1
  • Address - House Number: 8620
  • Street Direction: W
  • Address - Street Name: Madison
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Niles
  • Carrier Code: C012
  • 4-Digit Zip Code: 2322
  • Zip Code: 60714

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $810,394
  • Tax Rate Code Area: 22023

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 510,097
  • High Value: 561,672
  • Low Value: 458,522

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $81,430
  • Market Improvement Value: $288,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000
  • Assessed Land Value: $8,143
  • Assessed Improvements Value: $28,857
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Niles


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Frequently Asked Questions

When was property at 8620 West Madison Drive built and last sold?
The property at 8620 West Madison Drive was built in 1965 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8620 West Madison Drive is $0.
What are some comparable homes to 8620 West Madison Drive?
There are currently no comparable homes to 8620 West Madison Drive.