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Des Plaines 60018
1236 Andrea Lane
$275,000
● House - Off Market

1236 Andrea Lane

DES PLAINES, IL 60018
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$481,473
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Huge Price Reduction - Original owner 4 bedroom, 2 1/2 bath multi level home with 2 car attached heated garage and finished sub basement in great location. Special features include gracious living room, separate dining room, eat in kitchen, 4 generous sized bedrooms including master with bath and large walk out family room. Windows, sliding glass door and front door have been replaced as well as newer roof, gutters and siding. This home is an incredible value considering the size of the home, lot and location. Priced for quick Sale!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1973

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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 #09358821)

Price History

Date / Event Date Event Price
Jun 22, 2017 Sold
Premium
Sold
Oct 4, 2016 Listed by Century 21 Elm, Realtors $299,900
Listed by Century 21 Elm, Realtors

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,150
  • Total Building Area: 1,684
  • Gross Building Area: 1,684
  • Building Area: 1,684
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,684
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ADELMAN & BROTT
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 805112

Geography

  • District: 16
  • Parcel: 08-24-316-029-0000
  • Lot: 3,4
  • Meridian: SEC 24 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0293
  • Longitude: -87.936

    Address

  • Full Address: 1236 Andrea Ln
  • Address - House Number: 1236
  • Address - Street Name: Andrea
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C006
  • 4-Digit Zip Code: 5502
  • Zip Code: 60018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $789,266
  • Tax Rate Code Area: 16042

    Appraisal Valuation

  • Standard Deviation: 0.2313
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 398,816
  • High Value: 491,100
  • Low Value: 306,532

    Market Valuation

  • Market Total Value: $360,000
  • Market Land Value: $82,350
  • Market Improvement Value: $277,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,000
  • Assessed Land Value: $8,235
  • Assessed Improvements Value: $27,765

    Sales

  • Current Sale Contract Date: Oct 20, 2021
  • Current Sale Recording Date: Oct 27, 2021
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 2130007261
  • Previous Sale Recording Date: Nov 07, 2019
  • Previous Sale Contract Date: Oct 24, 2019
  • Previous Sale Document Type: 40

    Financing

  • First Mortgage Financing Type: UNK
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

1629 ft²

Average Home Age

51.7 years

Currently For Sale

112 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 70 Dover Drive, Des Plaines, IL, 60018

$3,400 /mo

  • 4 Beds
  • 2 Baths
  • 1,783 ft²
70 Dover Drive, Des Plaines, IL, 60018 Listing by Eliana Leiva
Unit for rent at 904 S Edward Street, Mount Prospect, IL, 60056

$3,550 /mo

  • 3 Beds
  • 2 Baths
  • 1,562 ft²
904 S Edward Street, Mount Prospect, IL, 60056 Listing by Radoslaw Marzol

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Century 21 Elm, Realtors
Last Updated: 3 years ago
Data Source: MRED, MLS# 09358821
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 1236 Andrea Lane built and last sold?
The property at 1236 Andrea Lane was built in 1973 and last sold on Oct 20, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 1236 Andrea Lane is $302,899.
What are some comparable homes to 1236 Andrea Lane?
There are currently no comparable homes to 1236 Andrea Lane.
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