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Niles 60714 Niles
8727 W Madison Drive
$572,000
● House - Off Market

8727 W Madison Drive

Niles, IL 60714
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,928 Ft²
$3,586
Est. Monthly
6.36%
Cap Rate

About This Property

Nestled in the sought-after Ransom Ridge area of Niles, this solid quad-level, split-level home features 4 spacious bedrooms (including a primary en-suite with walk-in closet) and 2.5 bathrooms. Step inside to discover a home bathed in natural light, with gleaming hardwood floors that flow seamlessly throughout the main & 2nd floors. The eat-in kitchen, complete with a charming custom corner banquette, provides the perfect setting for casual meals overlooking the colorful backyard garden, while the formal dining and living rooms offer ample space for entertaining guests. The family room provides a cozy & inviting atmosphere for relaxing evenings in front of the wood burning fireplace. The backyard garden oasis awaits your vision with further opportunities for making this house YOUR home and expanding your indoor-outdoor lifestyle. Enjoy the best of both worlds with all the benefits of lower Niles taxes, sought after Park District, and diverse shopping options, while taking advantage of the nearby top rated Park Ridge schools, park district, social scene & shopping/dining options. This home is ready and waiting for you to make it yours, and add your lasting memories to new chapters in its story.  Being SOLD AS-IS. Rear deck AS-IS & needs replacement. PLEASE STAY OFF OF BACK DECK.  Contact Michael for questions.  A minimum of 24-hour notice for showings. SHOWINGS TO START @ 11/2 & 11/3 OPEN HOUSES 12-3PM. WALK-THRU VIEDO AVAILABLE UPON REQUEST.
Unit Size
1,928 Ft²
Days on Market
-
Land Size
-
Price per sqft
$285
Property Type
House
Property Taxes
$890
HOA Dues
-
Year Built
1964

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Last updated: 2 years ago (MRED MLS #12189035)

Price History

Date / Event Date Event Price
Nov 21, 2024 Sold
Sold
Nov 8, 2024 In contract -
In contract
Oct 31, 2024 Listed by Compass $549,000
Listed by Compass

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • 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: 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: 6,441
  • Total Building Area: 1,928
  • Gross Building Area: 1,928
  • Building Area: 1,928
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,928
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RANSON RDG 02/CALLERO & CA
  • Land Acres: 0000000148
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-07

Neighborhood

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

Geography

  • District: 22
  • Parcel: 09-23-331-025-0000
  • Lot: 65
  • Meridian: SEC 23 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0296
  • Longitude: -87.8441

    Address

  • Full Address: 8727 W Madison Dr
  • Address - House Number: 8727
  • Street Direction: W
  • Address - Street Name: Madison
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Niles
  • Carrier Code: C012
  • 4-Digit Zip Code: 2323
  • Zip Code: 60714

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $994,322
  • Tax Rate Code Area: 22023

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 526,348
  • High Value: 646,534
  • Low Value: 406,161

    Market Valuation

  • Market Total Value: $440,000
  • Market Land Value: $83,730
  • Market Improvement Value: $356,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,000
  • Assessed Land Value: $8,373
  • Assessed Improvements Value: $35,627
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 8727 West Madison Drive built and last sold?
The property at 8727 West Madison Drive was built in 1964 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8727 West Madison Drive is $554,169.
What are some comparable homes to 8727 West Madison Drive?
There are currently no comparable homes to 8727 West Madison Drive.