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Wheeling 60090
1016 BEVERLY Drive
$365,000
● House - Off Market

1016 BEVERLY Drive

Wheeling, IL 60090
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,160 Ft²
$2,475
Est. Monthly
8.21%
Cap Rate

About This Property

HOME SWEET HOME * Move -in Ready * Freshly Painted  T/O *  Brand New Luxury Vinyl Flooring Throughout *  Updated Kitchen with Expansive Counter Space and Pantry Closet adjoins Sunny Dining Room with Sliders to Large Yard * Great 2 Level Deck with Pergola * Lower Level with Nice Family Room and Large Utility Room *  Detached Oversized Garage * New Concrete in Front of Garage  * Walk to Elementary School and Middle School *
Unit Size
1,160 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$323
Property Type
House
Property Taxes
$633
HOA Dues
-
Year Built
1963

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • 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: 8,100
  • Total Building Area: 1,160
  • Gross Building Area: 1,160
  • Building Area: 1,160
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,160
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLLYWOOD RIDGE UNIT 03
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: SECTION03 S04+ T41N R11E 3P

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 802504

Geography

  • District: 38
  • Parcel: 03-03-302-038-0000
  • Lot: 312
  • Meridian: SEC 03 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1421
  • Longitude: -87.9427

    Address

  • Full Address: 1016 Beverly Dr
  • Address - House Number: 1016
  • Address - Street Name: Beverly
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Wheeling
  • Carrier Code: C032
  • 4-Digit Zip Code: 3914
  • Zip Code: 60090

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $721,687
  • Tax Rate Code Area: 38055

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 332,474
  • High Value: 409,729
  • Low Value: 255,219

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $60,750
  • Market Improvement Value: $199,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $6,075
  • Assessed Improvements Value: $19,925

    Sales

  • Current Sale Contract Date: Dec 05, 2012
  • Current Sale Recording Date: Jan 30, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1303015034
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 Wheeling

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1336 ft²

Average Home Age

46.9 years

Currently For Sale

53 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 250 Mchenry Road, Buffalo Grove, IL, 60089

$3,013 /mo

  • 2 Beds
  • 2 Baths
  • 1,637 ft²
250 Mchenry Road #B1, Buffalo Grove, IL, 60089 Listing by Sherry Mustafov
Unit for rent at 527 Winston Lane, Deerfield, IL, 60015

$3,100 /mo

  • 3 Beds
  • 2 Baths
527 Winston Lane #527, Deerfield, IL, 60015 Listing by Vaseekaran Janarthanam

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Connie Hoos, Coldwell Banker Realty
Data Source: MRED, MLS# MRD12408094
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 1016 Beverly Drive built and last sold?
The property at 1016 Beverly Drive was built in 1963 and last sold on Dec 5, 2012 for $162,500.
How much is this home worth?
The estimated value of the home located at 1016 Beverly Drive is $0.
What are some comparable homes to 1016 Beverly Drive?
There are currently no comparable homes to 1016 Beverly Drive.
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