$420,000
●
House -
For Sale
1106 Sumner Street
Wheaton, IL 60189
3 Beds
1 Bath
1,380 Ft²
$2,667
Est. Monthly
About This Property
Your interest rate dream come true! This home comes with an
assumable FHA mortgage of $275,000 at 2.75. It's like going
back in time to 2022. Located on a quiet tree lined street,
this charming Wheaton home is just a short walk to award winning
Lincoln Elementary (In '24 and '25 Lincoln won the Thrive Award for
fostering an impactful learning culture and strong academic growth)
and Edison Middle schools, Lincoln Park, and only 1mile from
downtown shops, restaurants, and Metra station. Easy access to main
thoroughfares and expressways. This appealing, low maintenance home
features a comfortable and efficient floor plan with an updated,
spacious, eat-in kitchen, updated bath, and a spacious main level
family room complete with study nook and cozy fireplace. Beautiful
sustainable hardwood bamboo flooring throughout most of the home.
The partial basement is dry and ideal for extra storage.
Entertaining is a breeze on the captivating large paver brick
patio and there is plenty of room to play in the fenced backyard.
Extremely well maintained, just move in and enjoy! This
home is in very good condition.
Unit Size
1,380 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$304
Property Type
House
Property Taxes
$604
HOA Dues
-
Year Built
1953
Listed By
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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.
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Asphalt, Concrete, Garage Door Opener, Garage, Detached, Yes
Garage Spaces: 2
Interior Details
Full Bathrooms: 1
Interior Features: 1st Floor Bedroom, 1st Floor Full Bath
Appliances: Range, Microwave, Dishwasher, Washer, Dryer, Stainless Steel Appliance(s)
Flooring Type: Hardwood
Laundry Features: Main Level
Rooms: 6
Has Fireplace
Fireplace Features: Decorative
Fireplaces: 1
Basement: Unfinished, Crawl Space, Partial
Exterior Details
Square Footage: 1380
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 1953
Window Features: Screens
Construction Materials: Vinyl Siding
Patio and Porch Features: Patio
Lot Size Area: 7396.488
Lot Size Units: Square Feet
Lot Size Acres: 0.1698
Lot Size Square Feet: 7396.488
Lot Size Dimensions: 55 X134
Water Source: Public
Financial Details
Tax Annual Amount: $7,248
Utilities Details
Cooling Type: Central Air
Heating Type: Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
Price/ft²
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HOA + Taxes
About Wheaton
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Listed by: Patrick Roach, Southwestern Real Estate, Inc.
Data Source: MRED, MLS# MRD12749700
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.
Data Source: MRED, MLS# MRD12749700
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