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Wheeling 60090
1026 Kingsport Drive
$448,000
● House - Off Market

1026 Kingsport Drive

Wheeling, IL 60090
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,600 Ft²
$795,585
RealtyHop Estimate
71.13%
Since Jun 1, 2007
National-US
Primary Model

About This Property

4 BEDROOM 2.5 BATH ON CUL-DE-SAC BACKS UP TO 10 ACRE PARK! SLIDER IN KITCHEN OPENS TO HUGE DECK! KITCHEN W/NEW SINK, FAUCET, ALL NEW ELEGANT COUNTERS & LARGE EATING AREA. FAMILY ROOM HAS FLOOR TO CEILING BRICK FIREPLACE! HUGE SEPARATE DINING ROOM! FINISHED BASEMENT W/ENTERTAINMENT AREA & BONUS ROOM. ALL NEW EXQUISITE NEUTRAL CARPET THRU ENTIRE HOME! GREAT AREA, GREAT PRICE, GREAT QUALITY PROPERTY!
Unit Size
2,600 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$179
Property Type
House
Property Taxes
$510
HOA Dues
-
Year Built
1985

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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: 2 years ago (MRED MLS #06410908)

Price History

Date / Event Date Event Price
May 24, 2019 No longer available -
No longer available
Mar 14, 2019 Listed $409,000
Listed
The manager has listed the unit size as 2600 square feet.
May 30, 2007 Sold
Premium
Sold
Feb 14, 2007 Listed by Prudential Starck, Realtors $464,900
Listed by Prudential Starck, Realtors

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,958
  • Total Building Area: 2,570
  • Gross Building Area: 2,570
  • Building Area: 2,570
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,570
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KINGSPORT VILLAGE NORTH 02
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

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

Geography

  • District: 38
  • Parcel: 03-10-316-004-0000
  • Lot: 47
  • Meridian: SEC 10 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1314
  • Longitude: -87.9422

    Address

  • Full Address: 1026 Kingsport Dr
  • Address - House Number: 1026
  • Address - Street Name: Kingsport
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Wheeling
  • Carrier Code: C038
  • 4-Digit Zip Code: 4476
  • Zip Code: 60090

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $938,090
  • Tax Rate Code Area: 38129

    Appraisal Valuation

  • Standard Deviation: 0.2271
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 480,003
  • High Value: 589,019
  • Low Value: 370,987

    Market Valuation

  • Market Total Value: $366,950
  • Market Land Value: $76,540
  • Market Improvement Value: $290,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,695
  • Assessed Land Value: $7,654
  • Assessed Improvements Value: $29,041

    Sales

  • Current Sale Contract Date: May 06, 2019
  • Current Sale Recording Date: May 24, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1914401039
  • Previous Sale Recording Date: Jun 13, 2007
  • Previous Sale Contract Date: May 30, 2007
  • Previous Sale Amount: $448,000
  • Previous Sale Document Type: 71
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

$230

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1395 ft²

Average Home Age

46.9 years

Currently For Sale

56 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, IL, 60089

$4,088 /mo

  • 3 Beds
  • 2 Baths
  • 1,700 ft²
250 Mchenry Road #C1, IL, 60089 Listing by Sherry Mustafov

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Prudential Starck, Realtors
Last Updated: 2 years ago
Data Source: MRED, MLS# 06410908
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 1026 Kingsport Drive built and last sold?
The property at 1026 Kingsport Drive was built in 1985 and last sold on May 6, 2019 for $387,000.
How much is this home worth?
The estimated value of the home located at 1026 Kingsport Drive is $0.
What are some comparable homes to 1026 Kingsport Drive?
There are currently no comparable homes to 1026 Kingsport Drive.
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