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Aurora 60506 Edgelawn Randall
1440 Heather Drive
$238,007
● House - Off Market

1440 Heather Drive

Aurora, IL 60506
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,406 Ft²
$1,593
Est. Monthly
10.30%
Cap Rate

About This Property

MULTIPLE OFFERS RECEIVED!  HIGHEST & BEST DUE BY MONDAY 2/24/25 BY MIDNIGHT W THE SELLER DECIDING ON 2/25/25!CASH INVESTORS ONLY PER THE SELLER!  Home needs work and is reflected in the price.  Buyer to assume the violations set by the Village of Aurora.  Property is being sold by a company in as-is condition, no survey will be provided and tax proration will be at 100%.
Unit Size
1,406 Ft²
Days on Market
-
Land Size
-
Price per sqft
$156
Property Type
House
Property Taxes
$513
HOA Dues
-
Year Built
1965

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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: 2 years ago (MRED MLS #12289348)

Price History

Date / Event Date Event Price
Mar 11, 2025 Sold
Premium
Sold
Feb 27, 2025 In contract -
In contract
Feb 19, 2025 Listed by Torg Realty Inc $219,900
Listed by Torg Realty Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 2,080
  • Gross Building Area: 2,080
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HEATHERCREST SUB
  • Land Acres: 0000000240
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: HEATHERCREST SUB : LOT 1 BLK 5

Neighborhood

  • School District Name: Aurora West Unit School District 129
  • Census Tract: 853006

Geography

  • Parcel: 15-17-330-012
  • Block: 5
  • Lot: 1
  • Municipality: AURORA
  • Latitude: 41.7723
  • Longitude: -88.3514

    Address

  • Full Address: 1440 Heather Dr
  • Address - House Number: 1440
  • Address - Street Name: Heather
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Aurora
  • Carrier Code: C045
  • 4-Digit Zip Code: 1958
  • Zip Code: 60506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $580,156
  • Tax Rate Code Area: AU005

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 277,918
  • High Value: 323,866
  • Low Value: 231,969

    Market Valuation

  • Market Total Value: $196,699
  • Market Land Value: $33,950
  • Market Improvement Value: $162,749

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,540
  • Assessed Land Value: $11,312
  • Assessed Improvements Value: $54,228

    Sales

  • Current Sale Contract Date: Oct 23, 2012
  • Current Sale Recording Date: Nov 16, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 2012K080440
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 Edgelawn Randall

Stats & Trends

Median Asking:

$354,900

Sale Price/ft²

$209

Above Asking

0.00%

Average Days on Market

48

Average Home Size

1828 ft²

Average Home Age

30.3 years

Currently For Sale

33 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 2424 Courtyard Circle, Aurora, IL, 60506

$2,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,500 ft²
2424 Courtyard Circle #5, Aurora, IL, 60506 Listing by Marisela Ladron de Guevara

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mary DeLaLeurs, Torg Realty Inc
Last Updated: 2 years ago
Data Source: MRED, MLS# 12289348
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 1440 Heather Drive built and last sold?
The property at 1440 Heather Drive was built in 1965 and last sold on Oct 23, 2012 for $120,000.
How much is this home worth?
The estimated value of the home located at 1440 Heather Drive is $0.
What are some comparable homes to 1440 Heather Drive?
There are currently no comparable homes to 1440 Heather Drive.
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