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Wheeling 60090
1053 Valley Stream Drive
$275,000
● House - Off Market

1053 Valley Stream Drive

Wheeling, IL 60090
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,084 Ft²
$308,367
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

WANTED: CREATIVE BUYER! THIS HOME HAS BEEN WELL MAINTAINED. HOWEVER, IT DOES NEED CARPET AND UPDATING! REAR LIVING ROOM OVERLOOKS BEAUTIFUL BACKYARD. DINING ROOM HAS SLIDERS THAT WALK OUT TO SPACIOUS DECK. EAT-IN KITCHEN WITH PANTRY AND ALL APPLIANCES. FAMILY SIZED REC ROOM FOR ENTERTAINING PLEASURE. EXTRA WORK ROOM AND BEDROOM IN LOWER LEVEL. GREAT NEIGHBORHOOD! CLOSE TO SCHOOLS & PUBLIC TRANSPORTAION.
Unit Size
1,084 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$258
Property Type
House
Property Taxes
$441
HOA Dues
-
Year Built
1966

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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.

Last updated: 3 years ago (MRED MLS #11207448)

Price History

Date / Event Date Event Price
Dec 30, 2021 Sold
Premium
Sold
Sep 2, 2021 Listed by Coldwell Banker Realty $279,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,394
  • Total Building Area: 1,084
  • Gross Building Area: 1,084
  • Building Area: 1,084
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,084
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLLYWOOD RIDGE UNIT4
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (HOLLYWOOD) RIDGE (UNIT4) A RESUB IN OWNERS DIVN OF B UFFALO CREEK FARMS SUB OF PT SECS2-4,9-10 SEC 03-42-11

Neighborhood

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

Geography

  • District: 38
  • Parcel: 03-03-308-019-0000
  • Lot: 387
  • Meridian: SEC 03 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1444
  • Longitude: -87.9441

    Address

  • Full Address: 1053 Valley Stream Dr
  • Legal Unit: 4
  • Address - House Number: 1053
  • Address - Street Name: Valley Stream
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Wheeling
  • Carrier Code: C032
  • 4-Digit Zip Code: 3984
  • Zip Code: 60090

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $799,020
  • Tax Rate Code Area: 38055

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 268,826
  • High Value: 296,006
  • Low Value: 241,645

    Market Valuation

  • Market Total Value: $250,010
  • Market Land Value: $55,460
  • Market Improvement Value: $194,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,001
  • Assessed Land Value: $5,546
  • Assessed Improvements Value: $19,455

    Sales

  • Current Sale Contract Date: Nov 09, 2021
  • Current Sale Recording Date: Jan 18, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2201855362

    Financing

  • First Mortgage Financing Type: FIX
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

1367 ft²

Average Home Age

47.5 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
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: Valerie Domain, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11207448
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 1053 Valley Stream Drive built and last sold?
The property at 1053 Valley Stream Drive was built in 1966 and last sold on Nov 9, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 1053 Valley Stream Drive is $0.
What are some comparable homes to 1053 Valley Stream Drive?
There are currently no comparable homes to 1053 Valley Stream Drive.
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