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Addison 60101
1233 N ASPEN Way
$600,000
● House - Off Market

1233 N ASPEN Way

Addison, IL 60101
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
2,810 Ft²
$576,283
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

STUNNING 2 STORY COLONIAL  HOME WITH CIRCULAR DRIVEWAY. FROM THE MOMENT YOU WALK IN YOU FEEL LIKE YOU ARE AT "HOME." 1ST FLOOR OFFICE, THAT COULD BE USED AS A BEDROOM.  HALF BATH ON FIRST FLOOR. LIVING ROOM/DINING ROOM COMBINED. VERY LARGE KITCHEN WITH STAINLESS STEEL APPLIANCES, AND LARGE SITTING AREA THAT LOOKS OUT TO A FENCED IN BACKYARD WITH SHED.    KITCHEN OPENS UP TO A GORGEOUS FAMILY ROOM WITH HARDWOOD FLOORS, HIGH CEILINGS, AND BEAUTIFUL BRICK WOOD BURNING FIREPLACE.  FULL BEAUTIFULLY FINISHED BASEMENT WITH HALF BATHROOM, DRYBAR W/REFRIGERATOR IN BASEMENT STAYS WITH THE SALE OF THE HOME. OFFICE ROOM IN BASEMENT AS WELL.
Unit Size
2,810 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$206
Property Type
House
Property Taxes
$977
HOA Dues
-
Year Built
1988

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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 #11823728)

Price History

Date / Event Date Event Price
Sep 15, 2023 Sold
Premium
Sold
Jul 11, 2023 Listed by Access Real Estate Inc $579,900
Listed by Access Real Estate Inc

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 2
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,630
  • Garage Type: 1
  • Garage Square Area: 451
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 115
  • Lot Size Frontage Feet: 75
  • Total Building Area: 4,891
  • Gross Building Area: 4,891
  • Building Area: 2,810
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,810
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARONS WESTRIDGE OF ADDISON
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: CARONS WESTRIDGE OF ADDISON ALL

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 840202

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2970-B2
  • Parcel: 03-18-412-006
  • Lot: 95
  • Municipality: ADDISON
  • Latitude: 41.9504
  • Longitude: -88.0217

    Address

  • Full Address: 1233 N Aspen Way
  • Address - House Number: 1233
  • Street Direction: N
  • Address - Street Name: Aspen
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Addison
  • Carrier Code: C025
  • 4-Digit Zip Code: 5727
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,223,016
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 578,941
  • High Value: 677,041
  • Low Value: 480,841

    Market Valuation

  • Market Total Value: $516,180
  • Market Land Value: $160,920
  • Market Improvement Value: $355,260

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $172,060
  • Assessed Land Value: $53,640
  • Assessed Improvements Value: $118,420

    Sales

  • Current Sale Contract Date: Sep 14, 2023
  • Current Sale Recording Date: Sep 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 60757
  • Previous Sale Recording Date: Dec 19, 2013
  • Previous Sale Contract Date: Dec 13, 2013
  • Previous Sale Amount: $310,000
  • 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 Addison

Stats & Trends

Median Asking:

$401,633

Sale Price/ft²

$222

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1885 ft²

Average Home Age

42.5 years

Currently For Sale

50 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

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MRED

Listed by: Dana Anest, Access Real Estate Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11823728
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 1233 North Aspen Way built and last sold?
The property at 1233 North Aspen Way was built in 1988 and last sold on Sep 14, 2023 for $600,000.
How much is this home worth?
The estimated value of the home located at 1233 North Aspen Way is $590,274.
What are some comparable homes to 1233 North Aspen Way?
There are currently no comparable homes to 1233 North Aspen Way.
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