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Wilmington 60481
1108 Sunset Drive
Photo of 1108 Sunset Drive

13

Map

Photo of 1108 Sunset Drive
Photo of 1108 Sunset Drive
$269,500
● House - For Sale

1108 Sunset Drive

Wilmington, IL 60481
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,350 Ft²
$1,646
Est. Monthly

About This Property

New to the market, 3 bedroom, 2 bath ranch located close to schools and shopping. Furnace & c air new in 2019, hot water heater (2023),   huge 17x14 family room, oversized 2 car heated garage  stove & refrigerator stay- being sold in "AS IS" condition
Unit Size
1,350 Ft²
Days on Market
-
Land Size
-
Price per sqft
$200
Property Type
House
Property Taxes
$322
HOA Dues
-
Year Built
-

Listed By

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Cap Rate Calculator

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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.

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Asphalt, Garage Door Opener, Heated Garage, Garage, Detached, Yes
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Appliances: Range, Refrigerator
Rooms: 6
Basement: Crawl Space
Exterior Details
Square Footage: 1350
Square Footage Source: $0
Architectural Style: Ranch
Construction Materials: Vinyl Siding
Lot Size Dimensions: 77x132
Water Source: Public
Financial Details
Tax Annual Amount: $3,867
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,281
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAVITA SHORES
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 2 IN LAVITA SHORES UNIT 1, A SUB OF PRT OF THE W1/2 SW1/4 SEC 36, T33N-R9E.

Neighborhood

  • School District Name: Wilmington Community Unit School District 209U
  • Census Tract: 883401

Geography

  • Parcel: 03-17-36-302-004
  • Lot: 2
  • Meridian: SEC 36 TWN 33N RNG 09E
  • Municipality: WILMINGTON
  • Latitude: 41.296
  • Longitude: -88.1466

    Address

  • Full Address: 1108 Sunset Dr
  • Legal Unit: 1
  • Address - House Number: 1108
  • Address - Street Name: Sunset
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Wilmington
  • Carrier Code: C004
  • 4-Digit Zip Code: 1545
  • Zip Code: 60481

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $352,032
  • Tax Rate Code Area: 0302

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 198,732
  • High Value: 233,279
  • Low Value: 164,186

    Market Valuation

  • Market Total Value: $154,704
  • Market Land Value: $38,337
  • Market Improvement Value: $116,367

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,568
  • Assessed Land Value: $12,779
  • Assessed Improvements Value: $38,789

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 23, 2015
  • Current Sale Recording Date: Dec 18, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2015107764
  • Previous Sale Recording Date: Oct 15, 1997
  • Previous Sale Contract Date: Oct 08, 1997
  • Previous Sale Amount: $100,500
  • 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 Wilmington

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$183

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1901 ft²

Average Home Age

24.7 years

Currently For Sale

9 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

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MRED

Listed by: Christopher Shell, Pro Real Estate
Data Source: MRED, MLS# MRD12782188
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 1108 Sunset Drive built and last sold?
The property at 1108 Sunset Drive was built in and last sold on Oct 23, 2015 for $114,000.
How much is this home worth?
The estimated value of the home located at 1108 Sunset Drive is $271,951.
What are some comparable homes to 1108 Sunset Drive?
There are currently no comparable homes to 1108 Sunset Drive.
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