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Addison 60101
917 N Neva Avenue
$347,000
● House - Off Market

917 N Neva Avenue

Addison, IL 60101
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$342,112
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Multiple offers received. Highest and Best by Sunday 01/09 at 6pm. Spectacularly rehabbed ranch home that will captivate you with its open layout and modern look! Perfect for entertaining! Beautiful hardwood floors throughout the entire main level. Kitchen features new 42in white shaker cabinets, quartz countertops, stainless steel appliances, and a beautiful island. Beautiful new bathrooms on main and lower level. Completely finished full basement with many different possibilities! Other updates include: New Windows, New Roof, New Electrical, New Plumbing, New Escape Window, New Water Heater, New Sump Pump, and New Garage Door. Simply too many updates to list them all. Bring your buyers today! Agent Owned Interest.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$181
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1962

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11299155)

Price History

Date / Event Date Event Price
Feb 4, 2022 Sold
Premium
Sold
Jan 6, 2022 Listed by MVG Real Estate Inc $324,900
Listed by MVG Real Estate Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,029
  • Garage Type: 4
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 134
  • Lot Size Frontage Feet: 60
  • Total Building Area: 2,058
  • Gross Building Area: 2,058
  • Building Area: 1,029
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,029
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 2ND ADD TO WOODDALE
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: 2ND ADD TO WOODDALE NORTH 1/2

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 840104

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2970-D3
  • Parcel: 03-21-101-007
  • Block: 1
  • Lot: 7
  • Municipality: ADDISON
  • Latitude: 41.9442
  • Longitude: -87.9981

    Address

  • Full Address: 917 N Neva Ave
  • Address - House Number: 917
  • Street Direction: N
  • Address - Street Name: Neva
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Addison
  • Carrier Code: C007
  • 4-Digit Zip Code: 1333
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $524,456
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 326,512
  • High Value: 382,319
  • Low Value: 270,704

    Market Valuation

  • Market Total Value: $231,630
  • Market Land Value: $103,590
  • Market Improvement Value: $128,040

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $77,210
  • Assessed Land Value: $34,530
  • Assessed Improvements Value: $42,680

    Sales

  • Current Sale Contract Date: Feb 04, 2022
  • Current Sale Recording Date: Feb 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18842
  • Previous Sale Recording Date: Jun 16, 2021
  • Previous Sale Contract Date: Jun 07, 2021
  • Previous Sale Amount: $203,000
  • Previous Sale Document Type: 27
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 Addison

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$221

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1901 ft²

Average Home Age

41.3 years

Currently For Sale

44 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

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MRED

Listed by: Saul Gutierrez, MVG Real Estate Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11299155
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 917 North Neva Avenue built and last sold?
The property at 917 North Neva Avenue was built in 1962 and last sold on Feb 4, 2022 for $347,000.
How much is this home worth?
The estimated value of the home located at 917 North Neva Avenue is $0.
What are some comparable homes to 917 North Neva Avenue?
There are currently no comparable homes to 917 North Neva Avenue.
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