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Brookfield 60513
8653 Riverside Avenue
$335,000
● House - Off Market

8653 Riverside Avenue

Brookfield, IL 60513
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,365 Ft²
$359,019
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

The charming curb appeal is only the beginning! Nestled in the South Hollywood section of Brookfield, near the forest and close enough to Brookfield Zoo to hear the lions roar. Offering a bright living room with fireplace, formal dining room, 3 sizeable bedrooms, 1.5 bathrooms, and a full unfinished basement. The large enclosed porch overlooks an expansive back yard, brick paver patio, 2 car garage, and private side driveway. Easy walk to Metra commuter train, neighborhood schools, nearby parks, shops, farmers market, library and more. Such a dreamy combination of easy access to the downtown Chicago, local walkability, and close to nature. You can have it all!  (Roof 2018).
Unit Size
1,365 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$234
Property Type
House
Property Taxes
$748
HOA Dues
-
Year Built
1946

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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 #11196209)

Price History

Date / Event Date Event Price
Oct 13, 2021 Sold
Premium
Sold
Sep 3, 2021 Listed by @properties $319,000
Listed by @properties

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 63
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,150
  • Total Building Area: 1,365
  • Gross Building Area: 1,365
  • Building Area: 1,365
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,365
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIRST ADDITION TO HOLLYWOOD
  • Land Acres: 0000000233
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05

Neighborhood

  • School District Name: Riverside Brookfield Township School District 208
  • Census Tract: 815800

Geography

  • District: 34
  • Parcel: 15-35-314-014-0000
  • Meridian: SEC 35 TWN 39N RNG 12E
  • Municipality: RIVERSIDE
  • Latitude: 41.8228
  • Longitude: -87.8379

    Address

  • Full Address: 8653 Riverside Ave
  • Address - House Number: 8653
  • Address - Street Name: Riverside
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Brookfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 1734
  • Zip Code: 60513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,191,212
  • Tax Rate Code Area: 34002

    Appraisal Valuation

  • Standard Deviation: 0.2297
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 393,955
  • High Value: 484,464
  • Low Value: 303,446

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $91,350
  • Market Improvement Value: $228,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $9,135
  • Assessed Improvements Value: $22,865

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Oct 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 2129428304
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 Brookfield

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$275

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1341 ft²

Average Home Age

81.8 years

Currently For Sale

27 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 8718 Plainfield Road, Lyons, IL, 60534

$3,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,421 ft²
8718 Plainfield Road, Lyons, IL, 60534 Listing by Karen Guerra

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Agnes Halmon, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11196209
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 8653 Riverside Avenue built and last sold?
The property at 8653 Riverside Avenue was built in 1946 and last sold on Oct 13, 2021 for $335,000.
How much is this home worth?
The estimated value of the home located at 8653 Riverside Avenue is $0.
What are some comparable homes to 8653 Riverside Avenue?
There are currently no comparable homes to 8653 Riverside Avenue.
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