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Franklin Park 60131 Franklin Park
9659 Schiller Boulevard
$170,000
● House - Off Market

9659 Schiller Boulevard

Franklin Park, IL 60131
bedrooms
2 Beds
bathrooms
1 Bath
square feet
960 Ft²
$261,726
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Charming affordable bright and airy cement sided 2 bedroom 1 bath home.  Open living room / dining room floor plan allows for flexibility.  Newer vinyl plank flooring and hardwood in the bedrooms.  Newer Furnace.  Hot water heater 2018.  Vinyl replacement windows.  Enjoy a morning brew in the kitchen or on the cement patio among the sights and sounds of nature.  Fully fenced yard with mature landscaping.  Kitchen has small island.  Stove and refrigerator only 2 years old.  Semi-finished basement.  Washer and dryer are included too.  2.5 car garage.  Schools, Metra train to downtown, churches and shopping are all walking distance.  A great location!  Ideal for the first time buyer.  Move in condition.  Selling as-is.  Make this vintage lady your own today!
Unit Size
960 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$186
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1924

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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 #10450273)

Price History

Date / Event Date Event Price
Aug 30, 2019 Sold
Premium
Sold
Jul 11, 2019 Listed by Re/Max 1st $178,500
Listed by Re/Max 1st

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,625
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIRST ADD FRANKLIN PARK
  • Land Acres: 0000000129
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (FIRST) ADD (FRANKLIN)(PARK) EX RW CHICAGO & PACIFIC RR & EX PT SAID EH NE LYING S OF CENTER GRAND AVE EH NE SEC 28-40-12

Neighborhood

  • School District Name: Franklin Park School District 84
  • Census Tract: 811401

Geography

  • District: 20
  • Parcel: 12-28-224-006-0000
  • Block: 13
  • Lot: 5,4
  • Meridian: SEC 28 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9328
  • Longitude: -87.8671

    Address

  • Full Address: 9659 Schiller Blvd
  • Address - House Number: 9659
  • Address - Street Name: Schiller
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Franklin Park
  • Carrier Code: C011
  • 4-Digit Zip Code: 2938
  • Zip Code: 60131

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $565,427
  • Tax Rate Code Area: 20026

    Appraisal Valuation

  • Standard Deviation: 0.248
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 279,726
  • High Value: 349,100
  • Low Value: 210,353

    Market Valuation

  • Market Total Value: $240,010
  • Market Land Value: $50,630
  • Market Improvement Value: $189,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,001
  • Assessed Land Value: $5,063
  • Assessed Improvements Value: $18,938

    Sales

  • Current Sale Contract Date: Aug 30, 2019
  • Current Sale Recording Date: Sep 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1926641017
  • Previous Sale Recording Date: May 03, 1996
  • Previous Sale Contract Date: May 01, 1996
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Franklin Park

Stats & Trends

Median Asking:

$359,900

Sale Price/ft²

$268

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1517 ft²

Average Home Age

71 years

Currently For Sale

22 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 4055 Prairie Avenue, Schiller Park, IL, 60176

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
4055 Prairie Avenue #1, Schiller Park, IL, 60176 Listing by Benard Eng
Unit for rent at 2312 Division Street, Melrose Park, IL, 60160

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
2312 Division Street #2, Melrose Park, IL, 60160 Listing by Tagger O'Brien

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Donna Raven, Re/Max 1st
Last Updated: 3 years ago
Data Source: MRED, MLS# 10450273
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 9659 Schiller Boulevard built and last sold?
The property at 9659 Schiller Boulevard was built in 1924 and last sold on Aug 30, 2019 for $170,000.
How much is this home worth?
The estimated value of the home located at 9659 Schiller Boulevard is $0.
What are some comparable homes to 9659 Schiller Boulevard?
There are currently no comparable homes to 9659 Schiller Boulevard.
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