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Darien 60561
1025 Timber Lane
$402,000
● House - Off Market

1025 Timber Lane

Darien, IL 60561
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,472 Ft²
$408,782
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Meticulously maintained 4 Bedroom, 2 Bathroom home in Darien's Hinsbrook Subdivision. Main level has hardwood flooring throughout. Kitchen w stainless steel appliances and an island with a breakfast bar and door to huge 8'x22' deck for grilling. Finished lower level with has 4th bedroom, full bathroom, laundry room and spacious family room with fireplace. 2 car attached garage has a large 6' x 9' space for storage and access to the Fabulous fenced backyard with shed. HVAC & Water Heater 2020. Washer/Dryer 1 yr New. Estate Sale, being sold "as is".
Unit Size
2,472 Ft²
Days on Market
-
Land Size
-
Price per sqft
$166
Property Type
House
Property Taxes
$233
HOA Dues
-
Year Built
1966

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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 #11779905)

Price History

Date / Event Date Event Price
Jul 24, 2023 Sold
Premium
Sold
May 30, 2023 Listed by @properties Christie's International Real Estate $409,900
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,170
  • Garage Type: 7
  • Garage Square Area: 518
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 2,472
  • Gross Building Area: 2,472
  • Building Area: 1,302
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,302
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HINSBROOK
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: HINSBROOK UNIT #2

Neighborhood

  • School District Name: Hinsdale Township High School District 86
  • School Tax School District: TRI-STATE
  • Census Tract: 845507

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: 3207-B1
  • Parcel: 09-27-109-002
  • Lot: 148
  • Municipality: DOWNERS GROVE
  • Latitude: 41.755
  • Longitude: -87.9702

    Address

  • Full Address: 1025 Timber Ln
  • Legal Unit: 2
  • Address - House Number: 1025
  • Address - Street Name: Timber
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Darien
  • Carrier Code: C010
  • 4-Digit Zip Code: 4129
  • Zip Code: 60561

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $287,468
  • Tax Rate Code Area: 9064

    Appraisal Valuation

  • Standard Deviation: 0.1686
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 421,255
  • High Value: 492,298
  • Low Value: 350,213

    Market Valuation

  • Market Total Value: $360,840
  • Market Land Value: $139,380
  • Market Improvement Value: $221,460

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $120,280
  • Assessed Land Value: $46,460
  • Assessed Improvements Value: $73,820

    Sales

  • Current Sale Contract Date: Jul 24, 2023
  • Current Sale Recording Date: Aug 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 52568
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 Darien

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$246

Below Asking

0.01%

Average Days on Market

39

Average Home Size

2296 ft²

Average Home Age

43.6 years

Currently For Sale

54 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 8320 Highpoint Circle, Darien, IL, 60561

$3,349 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
8320 Highpoint Circle #A, Darien, IL, 60561 Listing by Jill Petranek
Unit for rent at 8418 Meadowbrook Drive, Burr Ridge, IL, 60527

$3,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,300 ft²
8418 Meadowbrook Drive, Burr Ridge, IL, 60527 Listing by Kathy Szuba

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Margaret Costello, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11779905
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 1025 Timber Lane built and last sold?
The property at 1025 Timber Lane was built in 1966 and last sold on Jul 24, 2023 for $402,000.
How much is this home worth?
The estimated value of the home located at 1025 Timber Lane is $0.
What are some comparable homes to 1025 Timber Lane?
There are currently no comparable homes to 1025 Timber Lane.
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