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Wheaton 60187
1308 Manchester Road
$432,000
● House - Off Market

1308 Manchester Road

Wheaton, IL 60187
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,322 Ft²
$2,620
Est. Monthly
6.26%
Cap Rate

About This Property

Multiple offers received. Highest and best due by 2pm 7/29. Discover your dream home with this charming 4 bedroom, 2 full bathroom cape cod that offers so much. Amazing curb appeal and lots of character. The full basement includes a luxurious master suite with its own full bath, and family room providing a private retreat within your home. Updated stunning kitchen as well as both bathrooms.  Relax and unwind in the cozy 3-season room, perfect for enjoying the beauty of every season. The property also boasts a spacious 2.5 car extended garage, ideal for your vehicles and additional storage needs. Combining comfort, functionality, and ample space, this home is perfect for making lasting memories. Come see this is gem for yourself!
Unit Size
1,322 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$325
Property Type
House
Property Taxes
$513
HOA Dues
-
Year Built
1948

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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 #12121423)

Price History

Date / Event Date Event Price
Sep 5, 2024 Sold
Premium
Sold
Jul 30, 2024 In contract -
In contract
Jul 27, 2024 Listed by Keller Williams Preferred Rlty $429,000
Listed by Keller Williams Preferred Rlty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 28
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 800
  • Garage Type: 4
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 137
  • Lot Size Frontage Feet: 54
  • Total Building Area: 2,000
  • Gross Building Area: 2,000
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

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

Neighborhood

  • School District Name: Community Unit School District 200
  • School Tax School District: DISTRICT 200
  • Census Tract: 842603

Zoning

  • Zoning: R

Geography

  • Parcel: 05-17-118-004
  • Block: 4
  • Lot: 2
  • Municipality: MILTON
  • Latitude: 41.8671
  • Longitude: -88.1254

    Address

  • Full Address: 1308 Manchester Rd
  • Address - House Number: 1308
  • Address - Street Name: Manchester
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Wheaton
  • Carrier Code: C071
  • 4-Digit Zip Code: 4761
  • Zip Code: 60187

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $607,220
  • Tax Rate Code Area: 5012

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 370,046
  • High Value: 433,377
  • Low Value: 306,714

    Market Valuation

  • Market Total Value: $281,040
  • Market Land Value: $53,250
  • Market Improvement Value: $227,790

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $93,680
  • Assessed Land Value: $17,750
  • Assessed Improvements Value: $75,930

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 11, 2011
  • Current Sale Recording Date: Feb 28, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: R2011-028563
  • Previous Sale Recording Date: Aug 09, 2006
  • Previous Sale Contract Date: Jul 28, 2006
  • Previous Sale Amount: $335,000
  • 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 Wheaton

Stats & Trends

Median Asking:

$469,450

Sale Price/ft²

$275

Below Asking

0.01%

Average Days on Market

37

Average Home Size

1816 ft²

Average Home Age

52.5 years

Currently For Sale

73 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 507 W Wesley Street, Wheaton, IL, 60187

$2,850 /mo

  • 2 Beds
  • 1 Bath
  • 842 ft²
507 W Wesley Street #1, Wheaton, IL, 60187 Listing by Erica Williams
Unit for rent at 519 S Hale Street, Wheaton, IL, 60187

$2,750 /mo

  • 3 Beds
  • 1 Bath
  • 1,414 ft²
519 S Hale Street, Wheaton, IL, 60187 Listing by Jennifer Niederbrach-Soszko

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jamie Lemmons-Svoboda, Keller Williams Preferred Rlty
Last Updated: 3 years ago
Data Source: MRED, MLS# 12121423
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 1308 Manchester Road built and last sold?
The property at 1308 Manchester Road was built in 1948 and last sold on Jan 11, 2011 for $215,000.
How much is this home worth?
The estimated value of the home located at 1308 Manchester Road is $429,200.
What are some comparable homes to 1308 Manchester Road?
There are currently no comparable homes to 1308 Manchester Road.
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