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847 Marion Ave
Score
85
Highland Park, IL

847 Marion Ave

719K
4 bd • 2 ba • 2,350 sf

This analysis was generated on 6/29/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$719,000
-10%vs 60035
Price/Sq.Ft
$306
-4%vs 60035
Above Estimated Range
0.6% above range

Current Price

$719,000

Estimated Range

$695,000 - $715,000

$719,000
Below Market-20%
Above Market+20%

*AI analysis for entertainment only - not professional appraisal. Consult licensed professionals for property valuations.*

Market Data Points

2 data points for educational exploration

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

AI Suggested Range (Entertainment Only)

$705,000
AI Success Estimate:High(65%)
*Entertainment only - actual results may vary*

AI Rationale

The offer reflects the needed renovations and the property's condition. It's slightly below the list price, considering the market's competitive nature and the property's recent listing.

AI Analysis Score
85
80
Home Condition
87
Natural Light
93
Value
78
Location

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

Visual Insights

AI-analyzed spaces with reimagining capabilities

Worn Stair Carpet
Worn Stair Carpet

Worn Stair Carpet

The carpet on the stairs appears worn and dated, affecting the overall aesthetic of the entryway.

Dated Mosaic Tile
Dated Mosaic Tile

Dated Mosaic Tile

The mosaic tile in one of the bathrooms looks dated and could benefit from an update to a more modern style.

Mosaic Tile
Mosaic Tile

Mosaic Tile

The mosaic tile in the bathroom is a dated design choice.

Exposed Brick Garage
Exposed Brick Garage

Exposed Brick Garage

The garage has exposed brick walls and could benefit from finishing.

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.

Ownership History

Previous ownership changes and transaction details

Feb
2022
$452,500Financed
February 1, 2022
From:Susie Posnock
To:Robert Person, Jennifer Lindsey Van Vlissingen
Warranty Deed
Standard Sale (Purchase/Resales)

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$719,000
-30%List: $719,000+30%
20%
$143,800of $719,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $3,020/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$191,795
Closing Costs
+$47,995
Down Payment
$143,800
Buyer Agent Fee
$18,335
Loan Fees
$5,752
Title & Escrow
$4,314
Inspections
$900
Transfer Tax
$7,909
Prepaid Expenses
$10,785

* 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
1 days
vs 38 day average
This home has been listed for 1 days, while homes in this area typically sell in 38 days
Inventory Health
103
homes for sale
41 homes sold last month, indicating 2.5x more supply than demand
Price Dynamics
101.5%
of asking price
Homes typically sell for 1.5% above asking price

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

Price Trajectory

$825,000
Current median price
+4.0%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Historical Data: data suggests strong growth
Prices are up 8.3% over the last 3 months
3 Months
+8.3%
6 Months
+9.8%
1 Year
+4.0%

*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 11.1% over the past 3 months suggests stronger seller position.

Historical Comparison
Current Value
$825,000
3 Months Ago
$447,000
+84.6%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$719,000
Price/sqft
$306
Layout
4 bd2 ba
Days on market
1 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$728,167

1.3%

Your price is 1.3% below average

Median Price

$803,000

10.5%

Based on 6 recent sales

Price per Sq.Ft

$321

4.7%

Your price is 4.7% below average $/sqft

Comparable Properties

325 Park Place, Glencoe, IL 60022
Price: $640,000
Sq.Ft: 2,036
Beds/Baths: 3/2
$/Sq.Ft:
$3142.7%
Sale Date: 5/16/2025
427 Broadview Avenue, Highland Park, IL 60035
Price: $515,000
Sq.Ft: 2,078
Beds/Baths: 3/2
$/Sq.Ft:
$24819.0%
Sale Date: 2/28/2025
Price: $875,000
Sq.Ft: 2,177
Beds/Baths: 3/3
$/Sq.Ft:
$40231.4%
Sale Date: 7/1/2025
334 Seven Pines Circle, Highland Park, IL 60035
Price: $830,000
Sq.Ft: 2,210
Beds/Baths: 3/3
$/Sq.Ft:
$37622.8%
Sale Date: 4/25/2025
300 Lincolnwood Road, Highland Park, IL 60035
Price: $706,000
Sq.Ft: 2,494
Beds/Baths: 4/3
$/Sq.Ft:
$2837.5%
Sale Date: 3/26/2025
580 Pleasant Avenue, Highland Park, IL 60035
Price: $803,000
Sq.Ft: 2,645
Beds/Baths: 3/3
$/Sq.Ft:
$3040.8%
Sale Date: 4/10/2025

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

Inspect the attic thoroughly for proper ventilation and insulation, paying close attention to any signs of moisture or mold.

Operate all windows, especially the 'newer' ones, checking for smooth operation, proper sealing, and any signs of condensation between the panes.

Educational Questions

Sample questions for educational purposes

Can you provide documentation for all the updates and renovations mentioned in the listing, including permits and warranties?

What specific issues prompted the recent exterior repainting, and were any underlying problems addressed before painting?

The price history shows a sale for $30,000 in 2011. Can you explain the circumstances of that sale?

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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