See Home Value
Niles 60714 Niles
8708 W Madison Drive
$500,000
● House - Off Market

8708 W Madison Drive

Niles, IL 60714
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,000 Ft²
$3,361
Est. Monthly
7.36%
Cap Rate

About This Property

PICTURES COMING...ALL BRICK SPLIT LEVEL IN RANSOM RIDGE.  PARK RIDGE SCHOOLS WITH NILES TAXES.  BRING YOUR DECORATING IDEAS TO THIS 2000 S/F CUSTOM HOME THAT HAS BEEN METICULOUSLY MAINTAINED. MAIN FLOOR FEATURES A STEP DOWN LIVING ROOM OFF THE FOYER.  24X15 KITCHEN WITH EATING AREA OVERLOOKING THE FAMILY ROOM WITH A FIREPLACE.  THE SECOND FLOOR HAS TWO BEDROOMS WITH A JACK AND JILL BATH AND A FEW STEPS TO THE THIRD FLOOR WHERE YOU WILL FIND ANOTHER TWO BEDROOMS, FULL BATH AND A ROOM FOR A SECOND FLOOR LAUNDRY. HOOK UP IS ALREADY THERE.  WINDOWS HAVE ALL BEEN REPLACED, HARDWOOD FLOORS, HVAC AND ROOF APPROX 10 YEARS. BRICK PAVER DRIVEWAY, WALK WAY AND PATIO.  FANTASTIC AREA TO  MAKE THIS YOUR FOREVER HOME. (TAX EXEMPTIONS AMOUNTS UNDER BROKER REMARKS)
Unit Size
2,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$262
Property Type
House
Property Taxes
$787
HOA Dues
-
Year Built
1966

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #12092268)

Price History

Date / Event Date Event Price
Jul 19, 2024 Sold
Sold
Jul 4, 2024 In contract -
In contract
Jun 28, 2024 Listed by @properties Christie's International Real Estate $524,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,960
  • Total Building Area: 1,416
  • Gross Building Area: 1,416
  • Building Area: 1,416
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,416
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MURDOCKS MARQUETTE PARK ADD
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34

Neighborhood

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

Geography

  • District: 22
  • Parcel: 09-23-330-002-0000
  • Block: 5
  • Lot: 19
  • Meridian: SEC 23 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0301
  • Longitude: -87.8435

    Address

  • Full Address: 8708 W Madison Dr
  • Address - House Number: 8708
  • Street Direction: W
  • Address - Street Name: Madison
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Niles
  • Carrier Code: C012
  • 4-Digit Zip Code: 2324
  • Zip Code: 60714

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $947,967
  • Tax Rate Code Area: 22023

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 503,961
  • High Value: 619,036
  • Low Value: 388,886

    Market Valuation

  • Market Total Value: $429,190
  • Market Land Value: $90,480
  • Market Improvement Value: $338,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,919
  • Assessed Land Value: $9,048
  • Assessed Improvements Value: $33,871
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


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1508 Potter Road, Park Ridge, IL, 60068

$3,950 /mo

  • 3 Beds
  • 3 Baths
  • 1,096 ft²
1508 Potter Road, Park Ridge, IL, 60068 Listing by David Gust
Unit for rent at 431 N Northwest Highway, Park Ridge, IL, 60068

$3,950 /mo

  • 3 Beds
  • 3 Baths
  • 2,100 ft²
431 N Northwest Highway #B, Park Ridge, IL, 60068 Listing by Srdan Sterleman


Frequently Asked Questions

When was property at 8708 West Madison Drive built and last sold?
The property at 8708 West Madison Drive was built in 1966 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8708 West Madison Drive is $531,189.
What are some comparable homes to 8708 West Madison Drive?
There are currently no comparable homes to 8708 West Madison Drive.