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Bartlett 60103
1194 INDEPENDENCE Drive
$401,000
● House - Off Market

1194 INDEPENDENCE Drive

Bartlett, IL 60103
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,912 Ft²
$409,132
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

THIS IS THE ONE! QUAIL HOLLOW QUAD-LEVEL WITH FINISHED SUB BASEMENT! 4 BEDROOMS 2.1 BATHS, NEWER FEATURES INCLUDE BRAND NEW FURNACE & CENTRAL AIR! NEWER WATER HEATER, HUGE 20X16 DECK PLUS A PATIO IN THE FENCED YARD! UPDATED BATHS, BRAND NEW CARPETING THRUOUT! ANDERSON WINDOWS, NEW FRONT DOOR & STORM DOOR. FINISHED SUB-BASEMENT FEATURES REC ROOM, 5TH BEDROOM AND UTILITY ROOMMAKE THIS YOUR NEW HOME TODAY!
Unit Size
1,912 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$209
Property Type
House
Property Taxes
$608
HOA Dues
-
Year Built
1979

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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 #11403384)

Price History

Date / Event Date Event Price
Jul 5, 2022 Sold
Premium
Sold
May 13, 2022 Listed by @properties Christie's International Real Estate $399,900
Listed by @properties Christie's International Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 0
  • Full Bathrooms: 2
  • 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 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: 10,454
  • Total Building Area: 1,912
  • Building Area: 1,912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,912
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KENROYS APPLE ORCHARD RESUB
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: KENROYS APPLE ORCHARD RESUB NO 5 UNIT NO 2 ALL

Neighborhood

  • School District Name: School District U-46
  • School Tax School District: DISTRICT 46
  • Census Tract: 841327

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2910-C7
  • Parcel: 01-10-304-009
  • Lot: 85
  • Municipality: WAYNE
  • Latitude: 41.9633
  • Longitude: -88.2032

    Address

  • Full Address: 1194 Independence Dr
  • Legal Unit: 2
  • Address - House Number: 1194
  • Address - Street Name: Independence
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bartlett
  • Carrier Code: C057
  • 4-Digit Zip Code: 5760
  • Zip Code: 60103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $774,564
  • Tax Rate Code Area: 1036

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 396,924
  • High Value: 459,315
  • Low Value: 334,533

    Market Valuation

  • Market Total Value: $298,920
  • Market Land Value: $89,130
  • Market Improvement Value: $209,790

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $99,640
  • Assessed Land Value: $29,710
  • Assessed Improvements Value: $69,930

    Sales

  • Current Sale Contract Date: Jul 01, 2022
  • Current Sale Recording Date: Jul 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 64579
  • Previous Sale Recording Date: Sep 30, 1994
  • Previous Sale Contract Date: Sep 22, 1994
  • Previous Sale Amount: $159,000
  • 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:

$419,500

Sale Price/ft²

$231

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1949 ft²

Average Home Age

26.6 years

Currently For Sale

59 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 342 W Jervey Lane, Bartlett, IL, 60103

$3,350 /mo

  • 4 Beds
  • 2 Baths
  • 1,500 ft²
342 W Jervey Lane #342, Bartlett, IL, 60103 Listing by Ed Calusinski

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dan Volker, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11403384
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 1194 Independence Drive built and last sold?
The property at 1194 Independence Drive was built in 1979 and last sold on Jul 1, 2022 for $401,000.
How much is this home worth?
The estimated value of the home located at 1194 Independence Drive is $0.
What are some comparable homes to 1194 Independence Drive?
There are currently no comparable homes to 1194 Independence Drive.
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