keepup
8313 W Ballard Rd
Score
77
Niles, IL

8313 W Ballard Rd

600K
4 bd • 4 ba • 1,823 sf

Educational Use Only — NOT professional advice. See terms

AI Property Analysis

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Property Overview

List Price
$599,900
+55%vs 60714
Price/Sq.Ft
$329
+26%vs 60714

Price Analysis

How the list price compares to AI estimate

0.8% above

List Price

$599,900

$580k
$595k
AI Estimated Range
$599,900
-20% Below+20% Above

AI estimates this property's value between $580,000 - $595,000 based on comparable sales and condition (Confidence: 85%). Educational analysis only, not a professional appraisal or valuation.

Market Data Points

3 data points for educational exploration

*Educational market data analysis only. Consult licensed real estate professionals for negotiation strategies and market advice.*

Offer Analysis

AI-generated starting point for educational purposes

Data Coverage: High

AI Suggested Starting Point

$585,000

Lands near the middle of recent sale outcomes observed between $580,000 and $595,000.

How This Was Calculated

The offer reflects necessary repairs and market conditions. The seller's motivation, indicated by the price reduction and DOM, supports this strategy.

AI-generated educational analysis. Not professional advice, an appraisal, or a recommended offer. Consult licensed agents and attorneys for negotiation strategies.

AI Analysis Score
77
78
Home Condition
80
Natural Light
82
Market Data
68
Location

*AI scoring for educational purposes only. Scores are subjective and not professional evaluations. Consult licensed professionals for property assessments.*

Visual Insights

AI-analyzed spaces with reimagining capabilities

Exterior Siding
Exterior Siding

Exterior Siding

The vinyl siding appears dated and could benefit from replacement to improve curb appeal.

Hall Bathroom Mirror
Hall Bathroom Mirror

Hall Bathroom Mirror

The mirror in the hall bathroom is outdated and detracts from the updated tile work.

Master Bedroom Curtains
Master Bedroom Curtains

Master Bedroom Curtains

The curtains in the master bedroom are heavy and dated, blocking natural light.

Exposed Pipes and Utilities
Exposed Pipes and Utilities

Exposed Pipes and Utilities

Exposed pipes and utilities in the basement laundry area detract from the finished space.

Outdated Bedroom Decor
Outdated Bedroom Decor

Outdated Bedroom Decor

The bedroom features outdated furniture and a dated chandelier.

Overstuffed Closet
Overstuffed Closet

Overstuffed Closet

The walk-in closet appears overstuffed and disorganized, potentially indicating insufficient storage space.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

No required renovations identified

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$599,900
-30%List: $599,900+30%
20%
$119,980of $599,900
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $2,520/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$160,174
Closing Costs
+$40,194
Down Payment
$119,980
Buyer Agent Fee
$15,297
Loan Fees
$4,799
Title & Escrow
$3,600
Inspections
$900
Transfer Tax
$6,599
Prepaid Expenses
$8,999

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Data Buyer Power
Market Speed
40 days
vs 44 day average
This home has been listed for 40 days, while homes in this area typically sell in 44 days
Inventory Health
68
homes for sale
34 homes sold last month, indicating 2.0x more supply than demand
Price Dynamics
99.2%
of asking price
Homes typically sell for 0.8% below asking price

*Market analysis for educational purposes only. Historical data may not predict future performance. Consult real estate professionals for market guidance.*

Price Trajectory

$372,000
Current median price
+6.3%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Historical Data: data suggests stability
Prices are up 1.4% over the last 3 months
3 Months
+1.4%
6 Months
+7.8%
1 Year
+6.3%

Historical price trends for educational purposes only. Past performance does not predict future results. Consult professionals for market forecasts.

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Home sales increasing 56.3% over the past 3 months suggests stronger seller position.

Historical Comparison
Current Value
$372,000
3 Months Ago
$302,500
+23.0%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$599,900
Price/sqft
$329
Layout
4 bd4 ba
Days on market
40 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$483,630

24.0%

Your price is 24.0% above average

Median Price

$537,500

11.6%

Based on 6 recent sales

Price per Sq.Ft

$276

19.2%

Your price is 19.2% above average $/sqft

Comparable Properties

7618 Beckwith Road, Morton Grove, IL 60053
Price: $537,500
Sq.Ft: 1,654
Beds/Baths: 4/4
$/Sq.Ft:
$3251.2%
Sale Date: 8/7/2025
7846 Maple Street, Morton Grove, IL 60053
Price: $431,780
Sq.Ft: 1,716
Beds/Baths: 5/3
$/Sq.Ft:
$25223.5%
Sale Date: 8/11/2025
9444 Oliphant Avenue, Morton Grove, IL 60053
Price: $600,000
Sq.Ft: 1,585
Beds/Baths: 4/3
$/Sq.Ft:
$37915.0%
Sale Date: 7/21/2025
9258 Clancy Drive, Des Plaines, IL 60016
Price: $547,500
Sq.Ft: 1,982
Beds/Baths: 3/3
$/Sq.Ft:
$27616.1%
Sale Date: 6/4/2025
9135 Hollyberry Avenue, Des Plaines, IL 60016
Price: $410,000
Sq.Ft: 2,040
Beds/Baths: 4/3
$/Sq.Ft:
$20138.9%
Sale Date: 6/14/2025
8955 Lyons Street, Des Plaines, IL 60016
Price: $375,000
Sq.Ft: 1,672
Beds/Baths: 4/3
$/Sq.Ft:
$22431.8%
Sale Date: 4/25/2025

Schools

Details about nearby schools in this area

Neighborhood Mobility

How easily you can get around with or without a car

Scores are out of 100. Higher scores indicate better accessibility. Data provided by Walk Score®.

Climate Risks

Assessment of climate-related hazards for this property

Moderate Risk Profile

This property has 0 severe, 0 major, and 2 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Educational Tour Ideas

Educational suggestions for property tours

Thoroughly examine the basement for any signs of water intrusion, including stains, efflorescence (white powdery deposits), or musty odors.

Inspect the electrical panel for proper labeling and any signs of overheating or damage.

Educational Questions

Sample questions for educational purposes

Can you provide documentation for the 2021 renovation, including permits and contractor information?

What specific upgrades were made to the electrical and plumbing systems during the 2021 renovation?

Can you provide details about the finished basement, including whether it was professionally finished and if permits were obtained?

Has the property ever experienced any water damage or flooding, especially considering the 'Minor' flood risk assessment?

Educational suggestions only. Consult licensed real estate professionals, home inspectors, and your agent for professional guidance on property tours and inspections.

Property Discussion

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