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Addison 60101
1229 W Amelia Lane
$330,000
● House - Off Market

1229 W Amelia Lane

Addison, IL 60101
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,741 Ft²
$399,410
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Don't miss this out on this spacious brick ranch three bedroom, three bathroom home. Enter into the formal living room that opens to the dining room. The kitchen is at the center of the home with a large eating area and opens up to the cozy family room with wood burning fireplace. Master bedroom with master bath.  Fully finished and updated basement with brand new bar great for entertaining and a beautiful separate kitchen. Two car attached garage. Large fenced in yard with patio. Excellent location. Close to transportation, schools, parks, shopping centers. Must see!
Unit Size
1,741 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$200
Property Type
House
Property Taxes
$630
HOA Dues
-
Year Built
1972

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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 #11174804)

Price History

Date / Event Date Event Price
Aug 27, 2021 Sold
Premium
Sold
Jul 31, 2021 Listed by @properties $349,000
Listed by @properties

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,741
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 129
  • Lot Size Frontage Feet: 52
  • Total Building Area: 3,944
  • Gross Building Area: 3,944
  • Building Area: 1,741
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,741
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PIONEER PARK SUB
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: PIONEER PARK SUB NO FOUR UNIT ONE

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 840304

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2970-B3
  • Parcel: 03-20-300-006
  • Lot: 64
  • Municipality: ADDISON
  • Latitude: 41.9403
  • Longitude: -88.0182

    Address

  • Full Address: 1229 W Amelia Ln
  • Address - House Number: 1229
  • Street Direction: W
  • Address - Street Name: Amelia
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Addison
  • Carrier Code: C011
  • 4-Digit Zip Code: 2014
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $857,938
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 416,759
  • High Value: 487,991
  • Low Value: 345,526

    Market Valuation

  • Market Total Value: $367,470
  • Market Land Value: $130,890
  • Market Improvement Value: $236,580

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $122,490
  • Assessed Land Value: $43,630
  • Assessed Improvements Value: $78,860

    Sales

  • Current Sale Contract Date: Aug 26, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021-181233
  • Previous Sale Recording Date: Feb 25, 2020
  • Previous Sale Contract Date: Feb 24, 2020
  • Previous Sale Amount: $278,000
  • 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 Addison

Stats & Trends

Median Asking:

$401,002

Sale Price/ft²

$221

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1848 ft²

Average Home Age

41.1 years

Currently For Sale

44 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 635 N Rumple Lane, Addison, IL, 60101

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,597 ft²
635 N Rumple Lane, Addison, IL, 60101 Listing by Maria Noyola
Unit for rent at 125 S Maple Street, Itasca, IL, 60143

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,790 ft²
125 S Maple Street, Itasca, IL, 60143 Listing by James Diestel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dana Molfese, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11174804
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 1229 West Amelia Lane built and last sold?
The property at 1229 West Amelia Lane was built in 1972 and last sold on Aug 26, 2021 for $330,000.
How much is this home worth?
The estimated value of the home located at 1229 West Amelia Lane is $354,961.
What are some comparable homes to 1229 West Amelia Lane?
There are currently no comparable homes to 1229 West Amelia Lane.
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