When was property at 8651 West Madison Drive built and last sold?

The property at 8651 West Madison Drive was built in 1964 and last sold on May 19, 2006 for $420,000.

How much is this home worth?

The estimated value of the home located at 8651 West Madison Drive is $0.

What are some comparable homes to 8651 West Madison Drive?

There are currently no comparable homes to 8651 West Madison Drive.

Niles

60714

Niles

8651 W Madison Drive

$415,000

● House - Off Market

8651 W Madison Drive

Niles, IL 60714

3 Beds

3 Baths, 1 Half Bath

2,764 Ft²

$2,936

Est. Monthly

5.73%

Cap Rate

About This Property

Come see this spacious ranch in the Ransom Ridge Subdivision, located within the Park Ridge school district. This home boasts hardwood floors throughout, a primary ensuite, an eat-in kitchen, a large pantry, a dining area, and a living room. The full basement, which needs finishing, includes overhead sewers, a sump pump, and a half bath with potential for an additional bedroom. The property also features a one-car garage, a private yard, and a patio. Being sold as-is; home needs some improvements.

Unit Size

2,764 Ft²

Days on Market

Land Size

0.14 acres

Price per sqft

$163

Property Type

House

Property Taxes

$726

HOA Dues

Year Built

1964

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #12099167)

Price History

Date / Event	Date	Event
Aug 30, 2024	Sold	Premium
Sold
Jul 28, 2024	In contract	-
In contract
Jul 11, 2024	Listed by Dream Town Real Estate	$450,000
Listed by Dream Town Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1964

Effective Year Built: 1964
Building Count: 1
Total Rooms: 4
Bedroom Count: 3
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 3
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 1
Parking Space Count: 1
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 6,264

Lot Size Depth Feet: 1,160
Lot Size Frontage Feet: 540
Total Building Area: 1,398
Gross Building Area: 1,398
Building Area: 1,398
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 24
Heated Square Feet: 1,398
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 2

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: 2-03
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: 09-23-329-019-0000
Lot: 19
Meridian: SEC 23 TWN 41N RNG 12E
Municipality: MAINE
Latitude: 42.0296
Longitude: -87.8426

Address

Full Address: 8651 W Madison Dr

Legal Unit: 1
Address - House Number: 8651
Street Direction: W
Address - Street Name: Madison
Address - Suffix Type: Dr
State: IL
City Name: Niles
Carrier Code: C012
4-Digit Zip Code: 2321
Zip Code: 60714

Valuation

Tax

Tax Year: 2022

Tax Amount: $882,290
Tax Rate Code Area: 22023

Appraisal Valuation

Standard Deviation: 0.2265

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 457,407
High Value: 561,044
Low Value: 353,769

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

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

Sales

Current Sale Contract Date: May 19, 2006

Current Sale Recording Date: May 25, 2006
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 0614553212

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Niles

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$268

Below Asking

0.01%

Average Days on Market

Average Home Size

1519 ft²

Average Home Age

49.7 years

Currently For Sale

45 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 9301 W Ballard Street, Des Plaines, IL, 60016

$3,000 /mo

3 Beds
1 Bath
1,200 ft²

9301 W Ballard Street #B, Des Plaines, IL, 60016 Listing by Ashraf Memon

Unit for rent at 120 N Northwest Highway, Park Ridge, IL, 60068

$3,100 /mo

1 Bed
2 Baths
1,328 ft²

120 N Northwest Highway #405, Park Ridge, IL, 60068 Listing by Lisa Lucas

Unit for rent at 2600 Windsor Mall, Park Ridge, IL, 60068

$2,875 /mo

2 Beds
2 Baths
1,320 ft²

2600 Windsor Mall #2E, Park Ridge, IL, 60068 Listing by Joseph Quartana

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Craig Fallico, Dream Town Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 12099167

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.

8651 W Madison Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Niles

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions