$306,511
●
House -
Off Market
1401 Allison Lane
Schaumburg, IL 60194
4 Beds
2 Baths,
1
Half Bath
1,171 Ft²
$345,212
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Charming well maintained 4 bedrooms , 1.5 baths split level is
ready for a new family. Check out the curb appeal on this home
located in a quiet subdivision yet within minutes to District 54
schools , Schaumburg Rec Center , shopping and entertainment. This
home has an open floor plan with an abundance of natural light. The
kitchen has oak cabinets and a brick backsplash and the family room
boasts vaulted ceilings. The upper level is where you will find 3
good sized bedrooms and a full bathroom. The lower level has wood
paneling , built in book shelves , a 4th bedroom/office and a
powder room. Relax in the backyard on the concrete patio. Also note
the concrete driveway. Roof , siding , furnace and A/C are approx
10 years old. Quick close possible. Selling as-is.
Unit Size
1,171 Ft²
Days on Market
-
Land Size
-
Price per sqft
$286
Property Type
House
Property Taxes
$361
HOA Dues
-
Year Built
1973
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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 #11736053)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2023 | Sold | ||
| Sold | |||
| Jun 27, 2023 | Listed by Homesmart Connect LLC | $429,900 | |
| Listed by Homesmart Connect LLC | |||
| | |||
|
Multiple offers - Highest & Best by Monday, July 3rd., 10am. Rarely available absolutely stunning brand new rehabbed house with designer high end finishes located in quiet Schaumburg subdivision. Property offers desirable open floor plan, 3 family size bedrooms, 2 full baths, the living room with vaulted ceilings, additional bedroom/office in the basement, finished lower level and 2 car garage. Modern kitchen offers shaker cabinets, quartz countertops, beautiful peninsula, upgraded stainless steel appliances, carpentry and lighting fixtures. New 2 bathrooms with all new plumbing, tilework and new fixtures. Finished lower level with an office space, family room and full bathroom. In addition, the brand-new flooring, trim, doors and light fixtures make this property a great value at this price. TV in the family room stays. Great location close to excellent schools in district 54 & 211 and near parks. Near shopping, restaurants and entertainment. Relax in the backyard on the concrete patio. Also note the concrete driveway. Motivated seller.
| |||
| Mar 30, 2023 | Sold | ||
| Sold | |||
| Mar 13, 2023 | Listed by ARNI Realty Incorporated | $335,000 | |
| Listed by ARNI Realty Incorporated | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
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Closing Price
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HOA + Taxes
About Schaumburg
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Listed by: Robert Shanley, ARNI Realty Incorporated
Last Updated: 3 years ago
Data Source: MRED, MLS# 11736053
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11736053
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