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Bartlett 60103
1180 Alder Lane
$500,000
● House - Off Market

1180 Alder Lane

Bartlett, IL 60103
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
$498,536
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Beautiful brick colonial on a quiet street with a backyard you will absolutely fall in love with! 4 Bedrooms, 3.1 Bathrooms, Office/Flex room on main level was converted to laundry. The whole home was freshly painted. Kitchen has refinished floors and all NEW appliances. Full basement is finished with dry bar, bonus/craft room, recreation area with 2nd fireplace and cedar closets. All bedrooms have ceiling fans. Yard has a new spacious deck, screened gazebo, shed and lush, beautiful private landscaping.
Unit Size
-
Days on Market
-
Land Size
0.47 acres
Price per sqft
-
Property Type
House
Property Taxes
$709
HOA Dues
$29
Year Built
1994

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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 #11810046)

Price History

Date / Event Date Event Price
Jul 13, 2023 Sold
Premium
Sold
Jun 15, 2023 Listed by Keller Williams Success Realty $499,900
Listed by Keller Williams Success Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,262
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 2,277
  • Gross Building Area: 2,277
  • Building Area: 2,277
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,277
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE IN THE WOODS
  • Land Acres: 0000000470
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: LAKE IN THE WOODS ALL

Neighborhood

  • School District Name: School District U-46
  • School Tax School District: DISTRICT 46
  • Census Tract: 841308

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2910-B4
  • Parcel: 01-04-201-011
  • Lot: 27
  • Municipality: WAYNE
  • Latitude: 41.9836
  • Longitude: -88.2128

    Address

  • Full Address: 1180 Alder Ln
  • Address - House Number: 1180
  • Address - Street Name: Alder
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bartlett
  • Carrier Code: R017
  • 4-Digit Zip Code: 1660
  • Zip Code: 60103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $878,288
  • Tax Rate Code Area: 1145

    Appraisal Valuation

  • Standard Deviation: 0.1655
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 464,594
  • High Value: 541,507
  • Low Value: 387,681

    Market Valuation

  • Market Total Value: $334,530
  • Market Land Value: $97,830
  • Market Improvement Value: $236,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $111,510
  • Assessed Land Value: $32,610
  • Assessed Improvements Value: $78,900

    Sales

  • Current Sale Contract Date: Jul 11, 2023
  • Current Sale Recording Date: Jul 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 44378
  • Previous Sale Recording Date: Jul 20, 2005
  • Previous Sale Contract Date: Jul 15, 2005
  • Previous Sale Amount: $464,000
  • 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 Bartlett

Stats & Trends

Median Asking:

$416,898

Sale Price/ft²

$231

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1954 ft²

Average Home Age

25.5 years

Currently For Sale

61 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 887 Braintree Lane, Bartlett, IL, 60103

$3,600 /mo

  • 4 Beds
  • 3 Baths
  • 2,392 ft²
887 Braintree Lane, Bartlett, IL, 60103 Listing by Rocky LaGioia

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Vincent Romano, Keller Williams Success Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11810046
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 1180 Alder Lane built and last sold?
The property at 1180 Alder Lane was built in 1994 and last sold on Jul 11, 2023 for $500,000.
How much is this home worth?
The estimated value of the home located at 1180 Alder Lane is $504,899.
What are some comparable homes to 1180 Alder Lane?
There are currently no comparable homes to 1180 Alder Lane.
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