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Cook 60164
9758 Mclean Avenue
$305,000
● House - Off Market

9758 Mclean Avenue

Melrose Park, IL 60164
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,414 Ft²
$309,042
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

This Conveniently located home in Unincorporated Melrose Park has LOW property taxes. Completely renovated and up to code. Improvements include ALL NEW Plumbing as well as 1 inch main water line,100 amp electrical service, Two Furnaces(with condensers) All new drain tile and sump pump in the basement. Additional features Hardwood Floors through out, new kitchen cabinets, quartz countertops. Master bed room in the Attic with featuring full bathroom and HUGE closet space. High ceiling open basement with a full bathroom. Come see this master piece today! We've been quoted $542 annually for Flood Insurance which includes all premium and fees. For more information contact: Goosehead Insurance - Jason Riha
Unit Size
2,414 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$124
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11664016)

Price History

Date / Event Date Event Price
Mar 1, 2023 Sold
Premium
Sold
Oct 31, 2022 Listed by RE/MAX Partners $299,900
Listed by RE/MAX Partners

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • 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: 10,032
  • Total Building Area: 1,088
  • Gross Building Area: 1,088
  • Building Area: 1,088
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,088
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FULLERTON GARDENS
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (FULLERTON)(GARDENS) SUB OF EH NE SEC33 & SH SH SE SE SEC28 SH SE SE SEC 28-40-12

Neighborhood

  • School District Name: Franklin Park School District 84
  • Census Tract: 811302

Geography

  • District: 20
  • Parcel: 12-33-227-007-0000
  • Block: 18
  • Lot: 12
  • Meridian: SEC 28 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9162
  • Longitude: -87.8693

    Address

  • Full Address: 9758 Mclean Ave
  • Address - House Number: 9758
  • Address - Street Name: Mclean
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Melrose Park
  • Carrier Code: C054
  • 4-Digit Zip Code: 2139
  • Zip Code: 60164

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $629,422
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 20048

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 283,588
  • High Value: 312,261
  • Low Value: 254,915

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $45,140
  • Market Improvement Value: $164,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $4,514
  • Assessed Improvements Value: $16,486

    Sales

  • Current Sale Contract Date: Feb 28, 2023
  • Current Sale Recording Date: Mar 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 29038
  • Previous Sale Recording Date: Nov 10, 2020
  • Previous Sale Contract Date: Aug 19, 2020
  • Previous Sale Amount: $105,000
  • 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 Cook

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$242

Above Asking

1.66%

Average Days on Market

45

Average Home Size

1486 ft²

Average Home Age

65.2 years

Currently For Sale

9025 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: Jose Leon, RE/MAX Partners
Last Updated: 3 years ago
Data Source: MRED, MLS# 11664016
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 9758 Mc Lean Avenue built and last sold?
The property at 9758 Mc Lean Avenue was built in 1955 and last sold on Feb 28, 2023 for $305,000.
How much is this home worth?
The estimated value of the home located at 9758 Mc Lean Avenue is $314,805.
What are some comparable homes to 9758 Mc Lean Avenue?
There are currently no comparable homes to 9758 Mc Lean Avenue.
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