$504,000
●
House -
Off Market
938 Monroe Avenue
RIVER FOREST, IL 60305
3 Beds
3 Baths,
2
Half Baths
2,351 Ft²
$898,033
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model
About This Property
This solid center entrance brick colonial is located in the heart
of central River Forest. Opportunity awaits in this fantastic
home with grand room sizes, beautiful architectural details,
magnificent hardware and hard wood floors. The large living
room/sun room combination is spacious enough for multiple
conversation areas. The formal dining room could be perfect
for elegant entertaining. Back breakfast room would be a
fantastic morning coffee spot! Large kitchen could offer many
configurations. All three large bedrooms are on the 2nd floor as
well as the home's main full bath. Half bath on the first
floor and a bath in the basement. Large recreation area in
the basement still has the bar area. Central air installed in
the past 10-12 years. The home is comfortable with its hot
water heat. Large lot and 2 car garage. This home is being
sold completely in as-is condition. Seller may request
inspections prior to offers.
Unit Size
2,351 Ft²
Days on Market
-
Land Size
-
Price per sqft
$232
Property Type
House
Property Taxes
$1,093
HOA Dues
-
Year Built
1924
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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 #09188524)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2018 | Sold | ||
| Sold | |||
| Mar 7, 2018 | Listed by Gagliardo Realty Associates LLC | $980,000 | |
| Listed by Gagliardo Realty Associates LLC | |||
| | |||
|
The high quality, high design renovation is complete on this stunning brick home located in the heart of beautiful River Forest. This impressive home features all of the fine craftsmanship, meticulous attention to detail & custom quality finishes that we've come to expect from this award-winning renovation team. Beautiful oak floors run throughout the home. The spacious living room features a brick wood-burn fireplace & large sunroom. The designer kitchen features custom maple cabinetry, thick quartz tops, stainless appliances, large farm sink & eat-at island all opening to the spacious family area & dining room! Walk-in pantry & separate mud room! Bedrooms are very spacious and there is 2nd floor laundry! The master suite boasts a walk-in closet & luxurious master bath. Full bath & bedrooms 4 & 5 on the 3rd flr! Huge carpeted basement family room w/bath and 2nd laundry room. All new windows, Zoned HVAC and a brand new 2+ car garage. Click on virtual tour link and enjoy the tour!
| |||
| Mar 24, 2017 | Sold | ||
| Sold | |||
| Apr 7, 2016 | Listed by Baird & Warner, Inc. | $545,000 | |
| Listed by Baird & Warner, Inc. | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About River Forest
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Listed by: , Baird & Warner, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09188524
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09188524
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