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Wheeling 60090
1029 Kenilworth Drive
$235,000
● House - Off Market

1029 Kenilworth Drive

Wheeling, IL 60090
bedrooms
5 Beds
bathrooms
2 Baths
$261,112
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Welcome to this five bedrooms, two bath Colonial home. Bring your decoration ideas. Walking distance to the local Elementary and Middle school, Childerley Park and library, short distance to the Metra, incredible park district facilities and pool plus all of the dining and entertainment available at the exciting new One Wheeling Towne Center. Highly Desired Buffalo Grove High School * NOT IN FLOOD PLAIN * Short Sale - work with experience attorneys.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$739
HOA Dues
-
Year Built
1964

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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 #11673172)

Price History

Date / Event Date Event Price
Feb 24, 2023 Sold
Premium
Sold
Nov 14, 2022 Listed by Northwest Real Estate Group $249,900
Listed by Northwest Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,320
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,025
  • Gross Building Area: 2,025
  • Building Area: 2,025
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,025
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLLYWOOD RIDGE UNIT4 A RESUB IN OWN
  • Land Acres: 0000000168
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: L435 HOLLYWOOD RIDGE UNIT 4 S3 & S 4 T42N R11E

Neighborhood

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

Geography

  • District: 38
  • Parcel: 03-03-310-006-0000
  • Lot: 435
  • Meridian: SEC 03 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1437
  • Longitude: -87.9452

    Address

  • Full Address: 1029 Kenilworth Dr
  • Address - House Number: 1029
  • Address - Street Name: Kenilworth
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Wheeling
  • Carrier Code: C032
  • 4-Digit Zip Code: 3964
  • Zip Code: 60090

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $809,810
  • Tax Rate Code Area: 38055

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 245,696
  • High Value: 270,538
  • Low Value: 220,854

    Market Valuation

  • Market Total Value: $287,570
  • Market Land Value: $54,900
  • Market Improvement Value: $232,670

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,757
  • Assessed Land Value: $5,490
  • Assessed Improvements Value: $23,267

    Sales

  • Current Sale Contract Date: Jan 24, 2023
  • Current Sale Recording Date: Apr 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 41078
  • Previous Sale Recording Date: Aug 10, 2007
  • Previous Sale Contract Date: Jun 28, 2007
  • Previous Sale Amount: $266,000
  • Previous Sale Document Type: 68
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

1351 ft²

Average Home Age

47 years

Currently For Sale

50 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
Unit for rent at 750 Dunhill Drive, Buffalo Grove, IL, 60089

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,518 ft²
750 Dunhill Drive, Buffalo Grove, IL, 60089 Listing by Vijay Ghuge

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Laura Rodriguez, Northwest Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11673172
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 1029 Kenilworth Drive built and last sold?
The property at 1029 Kenilworth Drive was built in 1964 and last sold on Jan 24, 2023 for $235,000.
How much is this home worth?
The estimated value of the home located at 1029 Kenilworth Drive is $0.
What are some comparable homes to 1029 Kenilworth Drive?
There are currently no comparable homes to 1029 Kenilworth Drive.
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