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Wheaton 60189
1218 E TAFT AVENUE
$262,500
● House - Off Market

1218 E TAFT AVENUE

WHEATON, IL 60189
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
$490,244
RealtyHop Estimate
70.52%
Since Mar 1, 2007
National-US
Primary Model

About This Property

METICULOUSLY MAINTAINED ONE OWNER HOME FEATURING 4 BR'S, 1.5 BATHS, ALL NEW CARPET, UP-DATED EAT-IN KITCHEN W/CORIAN COUNTERS, CERAMIC FLOORING & ALL APPLIANCES. RECENT IMPROVEMENTS INCLUDE WATER HEATER, AC, GUTTERS W/SCREEENS, & DOWN SPOUTS.  SET ON SPACIOUS LOT. MOTIVATED SELLER.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1977

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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

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 742
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 132
  • Lot Size Frontage Feet: 56
  • Total Building Area: 1,884
  • Gross Building Area: 1,884
  • Building Area: 1,884
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,884
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WHEATON ESTS
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: WHEATON ESTS

Neighborhood

  • School District Name: Community Unit School District 200
  • School Tax School District: DISTRICT 200
  • Census Tract: 842400

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3082-E1
  • Parcel: 05-22-105-005
  • Block: 4
  • Lot: 7
  • Municipality: MILTON
  • Latitude: 41.8579
  • Longitude: -88.0885

    Address

  • Full Address: 1218 Taft Ave
  • Address - House Number: 1218
  • Address - Street Name: Taft
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Wheaton
  • Carrier Code: C037
  • 4-Digit Zip Code: 6740
  • Zip Code: 60189

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $631,666
  • Tax Rate Code Area: 5012

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 367,676
  • High Value: 425,470
  • Low Value: 309,883

    Market Valuation

  • Market Total Value: $291,630
  • Market Land Value: $96,480
  • Market Improvement Value: $195,150

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $97,210
  • Assessed Land Value: $32,160
  • Assessed Improvements Value: $65,050

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 23, 2007
  • Current Sale Recording Date: Mar 09, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2007-042802
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 Wheaton

Stats & Trends

Median Asking:

$469,000

Sale Price/ft²

$275

Below Asking

0.01%

Average Days on Market

37

Average Home Size

1815 ft²

Average Home Age

52.8 years

Currently For Sale

72 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 552 Dawes Avenue, Glen Ellyn, IL, 60137

$3,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,827 ft²
552 Dawes Avenue, Glen Ellyn, IL, 60137 Listing by Mohammed Ismail
Unit for rent at 673 N Park Boulevard, Glen Ellyn, IL, 60137

$3,550 /mo

  • 3 Beds
  • 1 Bath
  • 1,294 ft²
673 N Park Boulevard, Glen Ellyn, IL, 60137 Listing by Margaret Giffin

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Karen Lippoldt, CSC, RE/MAX Suburban
Data Source: MRED, MLS# MRD06226926
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 1218 Taft Avenue built and last sold?
The property at 1218 Taft Avenue was built in 1977 and last sold on Feb 23, 2007 for $262,500.
How much is this home worth?
The estimated value of the home located at 1218 Taft Avenue is $290,375.
What are some comparable homes to 1218 Taft Avenue?
There are currently no comparable homes to 1218 Taft Avenue.
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