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Des Plaines 60016
1187 Hewitt Drive
$251,000
● House - Off Market

1187 Hewitt Drive

DES PLAINES, IL 60016
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,137 Ft²
$479,268
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

WOW-Immaculately maintained Tri-Level home, freshly painted, new carpet & exceptionally clean. Pella window in LR sends natural light through entire main level of this open floor plan. Updates: Furnace '06; A/C '07; Sump Pump '13; Carpet '14; H2O Tank '14; Roof '06; 6-Panel doors; Front Loader W/D+Pedestals '12.Updated kitchen & baths. 2.5 Car Garage+Carport w/garage door. Fenced dog run. Truly a move-in ready beauty
Unit Size
1,137 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$227
Property Type
House
Property Taxes
$545
HOA Dues
-
Year Built
1963

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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 #08644718)

Price History

Date / Event Date Event Price
Aug 15, 2014 Sold
Premium
Sold
Jun 14, 2014 Listed by Baird & Warner $258,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,122
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 810
  • Total Building Area: 1,137
  • Gross Building Area: 1,137
  • Building Area: 1,137
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,137
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAYCINDEN PARK
  • Land Acres: 0000000209
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (WAYCINDEN)(PARK) SUB OF NH SEC 24-41-11

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 805111

Geography

  • District: 16
  • Parcel: 08-24-206-009-0000
  • Block: 13
  • Lot: 11
  • Meridian: SEC 24 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0305
  • Longitude: -87.9292

    Address

  • Full Address: 1187 Hewitt Dr
  • Address - House Number: 1187
  • Address - Street Name: Hewitt
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C005
  • 4-Digit Zip Code: 6040
  • Zip Code: 60016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $692,337
  • Tax Rate Code Area: 16042

    Appraisal Valuation

  • Standard Deviation: 0.2063
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 387,865
  • High Value: 467,884
  • Low Value: 307,847

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $82,100
  • Market Improvement Value: $237,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $8,210
  • Assessed Improvements Value: $23,790

    Sales

  • Current Sale Contract Date: Dec 02, 2016
  • Current Sale Recording Date: Dec 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1635045058
  • Previous Sale Recording Date: Sep 16, 2014
  • Previous Sale Contract Date: Aug 15, 2014
  • Previous Sale Amount: $251,000
  • Previous Sale Document Type: 71

    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 Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1727 ft²

Average Home Age

52.2 years

Currently For Sale

104 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 529 E Lincoln Street, Mount Prospect, IL, 60056

$2,750 /mo

  • 3 Beds
  • 1 Bath
529 E Lincoln Street, Mount Prospect, IL, 60056 Listing by Claudiu Popescu
Unit for rent at 384 S Wolf Road S, Des Plaines, IL, 60016

$2,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,137 ft²
384 S Wolf Road S, Des Plaines, IL, 60016 Listing by Brian Ramirez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Judith Marszalek, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 08644718
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 1187 Hewitt Drive built and last sold?
The property at 1187 Hewitt Drive was built in 1963 and last sold on Dec 2, 2016 for $263,000.
How much is this home worth?
The estimated value of the home located at 1187 Hewitt Drive is $0.
What are some comparable homes to 1187 Hewitt Drive?
There are currently no comparable homes to 1187 Hewitt Drive.
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