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West Chicago 60185
1165 Marcella Lane
$320,000
● House - Off Market

1165 Marcella Lane

West Chicago, IL 60185
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,545 Ft²
$492,017
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

Terrific 5 Bedroom brick-front home in Willow Creek Subdivision! Super bright and open floor plan with gorgeous dramatic two story foyer. Come see 9' ceilings, brick fireplace, breakfast room, family room, dining-room, 1st floor laundry and amazing kitchen. Generous master bed with tray ceiling. Master bath suite with Jacuzzi tub and separate shower. Huge walk-in closet, Bedrooms boast nice sized closets. Full finished basement with full bath, 5th bedroom, storage room, and oversized recreation room. Beautifully landscaped and fenced backyard. All appliances stay! This house is 3 minutes drive from park & recreation center. Close to the metra train station and shopping.
Unit Size
2,545 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$128
Property Type
House
Property Taxes
$792
HOA Dues
$13
Year Built
2003

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • 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
  • Living Units: 1
  • 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: 10,454
  • Total Building Area: 2,545
  • Building Area: 2,545
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,545
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLOW CREEK UNIT 2B
  • Land Acres: 0000000240
  • 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: 01-33-405-041
  • Lot: 118
  • Municipality: WAYNE
  • Latitude: 41.9057
  • Longitude: -88.2092

    Address

  • Full Address: 1165 Marcella Ln
  • Legal Unit: 2
  • Address - House Number: 1165
  • 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: $1,038,600
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 1007

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 462,777
  • High Value: 542,059
  • Low Value: 383,494

    Market Valuation

  • Market Total Value: $349,260
  • Market Land Value: $80,730
  • Market Improvement Value: $268,530

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $116,420
  • Assessed Land Value: $26,910
  • Assessed Improvements Value: $89,510

    Sales

  • Current Sale Contract Date: Feb 01, 2019
  • Current Sale Recording Date: Feb 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2019-010412
  • Previous Sale Recording Date: May 01, 2003
  • Previous Sale Contract Date: Apr 22, 2003
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: 27

    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 West Chicago

Stats & Trends

Median Asking:

$384,950

Sale Price/ft²

$225

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2157 ft²

Average Home Age

50.1 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

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MRED

Listed by: Cynthia Soderstrom, Re/Max Signature Homes
Data Source: MRED, MLS# MRD10066932
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 1165 Marcella Lane built and last sold?
The property at 1165 Marcella Lane was built in 2003 and last sold on Feb 1, 2019 for $320,000.
How much is this home worth?
The estimated value of the home located at 1165 Marcella Lane is $0.
What are some comparable homes to 1165 Marcella Lane?
There are currently no comparable homes to 1165 Marcella Lane.
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