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Des Plaines 60016
1379 Perry Street
$290,000
● House - Off Market

1379 Perry Street

Des Plaines, IL 60016
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,600 Ft²
$343,331
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

MUST SEE!!! Don't miss this perfect starter home or excellent value add opportunity! Located in downtown Des Plaines, less than 3 blocks from the Metra station and 5 min walking distance to restaurants and groceries. The first floor features a beautiful outdoor porch, living room with a large separate dining room, kitchen, and 1/bath perfect for entertaining. 2nd floor has four bedrooms, a full bath with ample space for storage. The basement has a large laundry room and storage that can be converted to a family/recreation room. Extra large lot has ample space for 4 car parking, patio, and back porch. A huge yard is perfect for adding extension/built-out or gardening!
Unit Size
1,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$188
Property Type
House
Property Taxes
$176
HOA Dues
-
Year Built
1910

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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 #11149475)

Price History

Date / Event Date Event Price
Aug 31, 2021 Sold
Premium
Sold
Jul 8, 2021 Listed by @properties $299,999
Listed by @properties

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 63
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Total Building Area: 1,548
  • Gross Building Area: 1,548
  • Building Area: 1,548
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,548
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROWNS ADD TO DESPLAINES
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: IRA (BROWNS) ADD TO (DESPLAINES) IN SEC 17-41-12

Neighborhood

  • School District Name: Des Plaines Community Consolidated School District 62
  • Census Tract: 806201

Geography

  • District: 22
  • Parcel: 09-17-408-009-0000
  • Block: 5
  • Lot: 5,6
  • Meridian: SEC 17 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.044
  • Longitude: -87.8899

    Address

  • Full Address: 1379 Perry St
  • Address - House Number: 1379
  • Address - Street Name: Perry
  • Address - Suffix Type: St
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C001
  • 4-Digit Zip Code: 4304
  • Zip Code: 60016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $746,210
  • Tax Rate Code Area: 22028

    Appraisal Valuation

  • Standard Deviation: 0.2316
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 346,902
  • High Value: 427,263
  • Low Value: 266,542

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $50,000
  • Market Improvement Value: $240,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $24,000

    Sales

  • Current Sale Contract Date: Aug 19, 2021
  • Current Sale Recording Date: Sep 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2124525080
  • Previous Sale Recording Date: Aug 13, 2002
  • Previous Sale Contract Date: Jul 01, 2002
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: 27

    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 Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1634 ft²

Average Home Age

52.1 years

Currently For Sale

104 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 1787 Webster Lane, Des Plaines, IL, 60018

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,995 ft²
1787 Webster Lane, Des Plaines, IL, 60018 Listing by Sunil Gupta

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Urvashi Verma, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11149475
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 1379 Perry Street built and last sold?
The property at 1379 Perry Street was built in 1910 and last sold on Aug 19, 2021 for $290,000.
How much is this home worth?
The estimated value of the home located at 1379 Perry Street is $0.
What are some comparable homes to 1379 Perry Street?
There are currently no comparable homes to 1379 Perry Street.
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