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West Chicago 60185
1145 Marcella Lane
$375,000
● House - Off Market

1145 Marcella Lane

West Chicago, IL 60185
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,267 Ft²
$397,624
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Spacious 4 Large Bedrooms Vaulted Celings, Master bedroom with Walk in  closet , 2nd bedroom with his & her separate Large closets ,Kitchen with Granite counters and Kitchen Pantry,Well maintained Move in condition ,2.5 Bath open layout 2 Car garage, 9'  Foyer entrance, Open Floor Plan , Finished Basement perfect for Office ,Bedroom or a Den,Recreational Room, Large new Deck for Entertaining Guests, Freshly Painted, Walk to Elementary School, Close to 59 and Highways
Unit Size
2,267 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$168
Property Type
House
Property Taxes
$740
HOA Dues
$23
Year Built
1999

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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 #11470503)

Price History

Date / Event Date Event Price
Oct 27, 2022 Sold
Premium
Sold
Jul 21, 2022 Listed by Realty Executives The Group $380,000
Listed by Realty Executives The Group

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Full Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,142
  • Building Area: 2,142
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,142
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLOW CREEK UNIT 2B
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: WILLOW CREEK UNIT 2B ALL

Neighborhood

  • School District Name: West Chicago School District 33
  • School Tax School District: WEST CHICAGO
  • Census Tract: 841312

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3022-B1
  • Parcel: 01-33-405-038
  • Lot: 120
  • Municipality: WAYNE
  • Latitude: 41.9052
  • Longitude: -88.2092

    Address

  • Full Address: 1145 Marcella Ln
  • Legal Unit: 2
  • Address - House Number: 1145
  • Address - Street Name: Marcella
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: West Chicago
  • Carrier Code: R007
  • 4-Digit Zip Code: 5061
  • Zip Code: 60185

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $928,646
  • Tax Rate Code Area: 1007

    Appraisal Valuation

  • Standard Deviation: 0.1731
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 414,110
  • High Value: 485,810
  • Low Value: 342,410

    Market Valuation

  • Market Total Value: $314,190
  • Market Land Value: $80,730
  • Market Improvement Value: $233,460

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $104,730
  • Assessed Land Value: $26,910
  • Assessed Improvements Value: $77,820

    Sales

  • Current Sale Contract Date: Oct 14, 2022
  • Current Sale Recording Date: Dec 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 105445
  • Previous Sale Recording Date: Jul 29, 2013
  • Previous Sale Contract Date: Jul 23, 2013
  • Previous Sale Amount: $248,000
  • 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 West Chicago

Stats & Trends

Median Asking:

$384,450

Sale Price/ft²

$225

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2507 ft²

Average Home Age

50.5 years

Currently For Sale

16 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 137 E Washington Street, West Chicago, IL, 60185

$1,295 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
137 E Washington Street #1R, West Chicago, IL, 60185 Listing by Jennifer Niederbrach-Soszko

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Guljit Singh, Realty Executives The Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11470503
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 1145 Marcella Lane built and last sold?
The property at 1145 Marcella Lane was built in 1999 and last sold on Oct 14, 2022 for $375,000.
How much is this home worth?
The estimated value of the home located at 1145 Marcella Lane is $0.
What are some comparable homes to 1145 Marcella Lane?
There are currently no comparable homes to 1145 Marcella Lane.
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