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Mount Prospect 60056
1413 S Robert Drive
$350,000
● House - Off Market

1413 S Robert Drive

Mount Prospect, IL 60056
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,147 Ft²
$347,940
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

You will love the feel this home upon entering the front door! The open floor plan will let the entire family hangout together while the cook is preparing the meal in the stylish remodeled kitchen. The breakfast bar is a great place for the kiddos to grab a bite before heading out to play.   Just a few steps down to the spacious family room and walkout large laundry/ utility room.  Too many upgrades to list! The seller is moving onto the next chapter in life and has priced this home to sell this weekend! Quick close is possible.
Unit Size
2,147 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$163
Property Type
House
Property Taxes
$412
HOA Dues
-
Year Built
1965

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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 #11822066)

Price History

Date / Event Date Event Price
Aug 28, 2023 Sold
Premium
Sold
Jul 6, 2023 Listed by Keller Williams North Shore West $349,900
Listed by Keller Williams North Shore West

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELK RIDGE VILLA UNIT5
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (ELK)(RIDGE) VILLA (UNIT5) SUB IN SW SEC 14-41-11

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 805002

Geography

  • District: 16
  • Parcel: 08-14-310-002-0000
  • Lot: 216
  • Meridian: SEC 14 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.041
  • Longitude: -87.956

    Address

  • Full Address: 1413 S Robert Dr
  • Legal Unit: 5
  • Address - House Number: 1413
  • Street Direction: S
  • Address - Street Name: Robert
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C105
  • 4-Digit Zip Code: 4580
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $715,006
  • Tax Rate Code Area: 16048

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 384,404
  • High Value: 472,885
  • Low Value: 295,923

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $75,600
  • Market Improvement Value: $244,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $7,560
  • Assessed Improvements Value: $24,440

    Sales

  • Current Sale Contract Date: Aug 28, 2023
  • Current Sale Recording Date: Sep 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 41187
  • Previous Sale Recording Date: Nov 20, 2013
  • Previous Sale Contract Date: Nov 16, 2013
  • Previous Sale Amount: $226,500
  • Previous Sale Document Type: 27
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 Mount Prospect

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$266

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1724 ft²

Average Home Age

55.9 years

Currently For Sale

96 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 73 Forest Lane, Elk Grove Village, IL, 60007

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
73 Forest Lane, Elk Grove Village, IL, 60007 Listing by Peter Gialamas

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Diane Kuhfuss, Keller Williams North Shore West
Last Updated: 3 years ago
Data Source: MRED, MLS# 11822066
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 1413 South Robert Drive built and last sold?
The property at 1413 South Robert Drive was built in 1965 and last sold on Aug 28, 2023 for $350,000.
How much is this home worth?
The estimated value of the home located at 1413 South Robert Drive is $0.
What are some comparable homes to 1413 South Robert Drive?
There are currently no comparable homes to 1413 South Robert Drive.
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