For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Marshall 61375
1455 Chevy Chase Drive
$375,000
● House - Off Market

1455 Chevy Chase Drive

Varna, IL 61375
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,600 Ft²
$2,727
Est. Monthly
$73
HOA / Fees
7.75%
Cap Rate

About This Property

Enjoy the Good Life at Lake Wildwood, in this 4 bedroom 3 full bath waterfront home. This well maintained lake home has an open concept on the main level featuring a large shared space with a vaulted ceiling and 2 sliders going out to the deck.  Enjoy nature at its best in the 4 season room! New roof in 2023. It also has a 3 car garage, plenty of space to store your lake toys! It is a beautiful home in a cove. Enjoy everything Lake Wildwood has to offer; 2 lakes great for fishing and boating, 2 beaches, marina, pool, club house, multiple pavilions and parks.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$272
Property Type
House
Property Taxes
$518
HOA Dues
$73
Year Built
1998

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #12015092)

Price History

Date / Event Date Event Price
Jul 26, 2024 Sold
Premium
Sold
Jun 25, 2024 In contract -
In contract
Mar 28, 2024 Listed by Local Realty Group, Inc. $435,000
Listed by Local Realty Group, Inc.

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • 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
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,632
  • Total Building Area: 1,170
  • Gross Building Area: 1,170
  • Building Area: 1,170
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE WILDWOOD > 10K
  • Land Acres: 0000000427
  • Standard Land Use Code: 1999
  • County Land Use Code: 1140
  • Legal Description 1: LOT 1455 LAKE WILDWOOD. LOT SIZE: 55X 210X 85X 205

Neighborhood

  • School District Name: Midland Community Unit School District 7
  • Census Tract: 961100

Geography

  • Parcel: 05-13-428-011
  • Lot: 1455
  • Municipality: HOPEWELL
  • Latitude: 41.0619
  • Longitude: -89.28

    Address

  • Full Address: 1455 Chevy Chase Dr
  • Address - House Number: 1455
  • Address - Street Name: Chevy Chase
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Varna
  • Carrier Code: R002
  • 4-Digit Zip Code: 9564
  • Zip Code: 61375

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $621,374
  • Tax Rate Code Area: HO001

    Appraisal Valuation

  • Standard Deviation: 0.4951
  • Valuation Date: Dec 13, 2023
  • Final Value: 231,125
  • High Value: 345,566
  • Low Value: 116,683

    Market Valuation

  • Market Total Value: $269,610
  • Market Land Value: $43,152
  • Market Improvement Value: $226,458

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $89,870
  • Assessed Land Value: $14,384
  • Assessed Improvements Value: $75,486

    Exemptions

  • Homeowner Exemption: Yes
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 Marshall

Stats & Trends

Median Asking:

$209,000

Sale Price/ft²

$126

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1639 ft²

Average Home Age

66.4 years

Currently For Sale

16 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Donna Bayler, Local Realty Group, Inc.
Last Updated: 2 years ago
Data Source: MRED, MLS# 12015092
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 1455 Chevy Chase Drive built and last sold?
The property at 1455 Chevy Chase Drive was built in 1998 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1455 Chevy Chase Drive is $0.
What are some comparable homes to 1455 Chevy Chase Drive?
There are currently no comparable homes to 1455 Chevy Chase Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Hopewell Homes for Sale
Hopewell Houses for Sale
Hopewell Land for Sale
Hopewell Homes with Basements
Hopewell Homes with Pools
Hopewell Homes with Parking
Hopewell Homes with Garages
Hopewell Homes with a View
Nearby Cities
Chillicothe Homes for Sale
Henry Homes for Sale
Lacon Homes for Sale
Washburn Homes for Sale
Varna Homes for Sale
McNabb Homes for Sale
Magnolia Homes for Sale
Sparland Homes for Sale
Nearby Property Records
Marshall County, IL Property Records
Bureau County, IL Property Records
Woodford County, IL Property Records
Peoria County, IL Property Records
LaSalle County, IL Property Records
Tazewell County, IL Property Records
Livingston County, IL Property Records
McLean County, IL Property Records
Nearby Counties
Roberts Homes for Sale
Senachwine Homes for Sale
Chillicothe Homes for Sale
Henry Homes for Sale
Lacon Homes for Sale
Steuben Homes for Sale
Magnolia Homes for Sale
Whitefield Homes for Sale
Top Real Estate Agents
Top Agents in Hopewell
Top Agents in 61375
Top Agents in Roberts
Top Agents in Senachwine
Top Agents in Chillicothe
Top Agents in Chillicothe
Top Agents in 61537
Top Agents in Henry