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Des Plaines 60016
1079 Alfini Drive
$356,000
● House - Off Market

1079 Alfini Drive

Des Plaines, IL 60016
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,110 Ft²
$358,760
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Original owner was the developer Alfini. This hard to find split level home was originally a 3 bedroom home, one on the 1st floor and 2 upstairs. The main floor bedroom was converted into a formal dining room but could easily be converted back closet is already there. Hardwood floors throughout. Lower level offer a recreation room plus bath and good sized utility room. Upgrades include Brand new windows , new Refrigerator/Stove/hood and Dryer. 2 full baths. Home is aluminum sided and roof is 12 years old. 2 1/2 car heated garage is attached. plus a 15 x 15 patio off the back of home. Additional storage shed the rear  of property. Prairie Lake Park & Recreation very close plus Shopping / and Interstate access close.
Unit Size
1,110 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$321
Property Type
House
Property Taxes
$318
HOA Dues
-
Year Built
1954

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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 #11756614)

Price History

Date / Event Date Event Price
May 26, 2023 Sold
Premium
Sold
Apr 11, 2023 Listed by Select a Fee RE System $356,000
Listed by Select a Fee RE System

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 7,800
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 1,110
  • Gross Building Area: 1,110
  • Building Area: 1,110
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,110
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALFINIS THIRD ADD TO DESPLAINES
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (ALFINIS) (THIRD) ADD TO (DESPLAINES) SUB OF PT W326F T OF E506FT WH NE SEC 19-41-12

Neighborhood

  • School District Name: Des Plaines Community Consolidated School District 62
  • Census Tract: 770601

Geography

  • District: 22
  • Parcel: 09-19-216-025-0000
  • Lot: 10
  • Meridian: SEC 19 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0332
  • Longitude: -87.91

    Address

  • Full Address: 1079 Alfini Dr
  • Address - House Number: 1079
  • Address - Street Name: Alfini
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C018
  • 4-Digit Zip Code: 6115
  • Zip Code: 60016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $558,362
  • Tax Rate Code Area: 22028

    Appraisal Valuation

  • Standard Deviation: 0.2316
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 341,804
  • High Value: 420,983
  • Low Value: 262,625

    Market Valuation

  • Market Total Value: $251,200
  • Market Land Value: $58,500
  • Market Improvement Value: $192,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,120
  • Assessed Land Value: $5,850
  • Assessed Improvements Value: $19,270

    Sales

  • Current Sale Contract Date: May 24, 2023
  • Current Sale Recording Date: May 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 40068
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 Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1729 ft²

Average Home Age

53.1 years

Currently For Sale

117 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 1337 Henry Street, Des Plaines, IL, 60016

$2,150 /mo

  • 1 Bed
  • 1 Bath
  • 1,000 ft²
1337 Henry Street #CH, Des Plaines, IL, 60016 Listing by Amy Ruminski

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: George Ayling, Select a Fee RE System
Last Updated: 3 years ago
Data Source: MRED, MLS# 11756614
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 1079 Alfini Drive built and last sold?
The property at 1079 Alfini Drive was built in 1954 and last sold on May 24, 2023 for $356,000.
How much is this home worth?
The estimated value of the home located at 1079 Alfini Drive is $0.
What are some comparable homes to 1079 Alfini Drive?
There are currently no comparable homes to 1079 Alfini Drive.
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