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Burr Ridge 60527
1487 Tomlin Drive
$880,000
● House - Off Market

1487 Tomlin Drive

Burr Ridge, IL 60527
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3,462 Ft²
$886,722
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Coming soon! This 5 bedroom home is move-in ready with a stunning kitchen with high end appliances, brazilian cherry cabinets, granite counters, brazilian cherry hardwood throughout first floor, updated bathrooms, beautiful yard with stone patio, 3 car garage and full house basement waiting for your finishing touches! The home offers 2 en suites, one on each level, and 5th bedroom on main floor makes a great home office! In Hinsdale school district 86 , Hinsdale Central high school, easy access to all major expressways, shopping, restaurants and so much more!  Anticipated listing beginning of April.
Unit Size
3,462 Ft²
Days on Market
-
Land Size
-
Price per sqft
$254
Property Type
House
Property Taxes
$1,541
HOA Dues
$35
Year Built
1989

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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 #11743567)

Price History

Date / Event Date Event Price
May 12, 2023 Sold
Premium
Sold
Apr 4, 2023 Listed by Platinum Partners Realtors $879,900
Listed by Platinum Partners Realtors

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 11
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,000
  • Total Building Area: 3,462
  • Gross Building Area: 3,462
  • Building Area: 3,462
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,462
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BURR RIDGE MEADOWS PHASE2
  • Land Acres: 0000000482
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04
  • Legal Description 1: (BURR) RIDGE (MEADOWS) (PHASE2) SUB IN NW SEC19 & IN SW SEC 18-38-12

Neighborhood

  • School District Name: Hinsdale Township High School District 86
  • Census Tract: 820101

Geography

  • District: 21
  • Subdivision Phase Number: 2
  • Parcel: 18-18-304-015-0000
  • Lot: 25
  • Meridian: SEC 18 TWN 38N RNG 12E
  • Municipality: LYONS
  • Latitude: 41.7766
  • Longitude: -87.9087

    Address

  • Full Address: 1487 Tomlin Dr
  • Address - House Number: 1487
  • Address - Street Name: Tomlin
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Burr Ridge
  • Carrier Code: C071
  • 4-Digit Zip Code: 4879
  • Zip Code: 60527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,933,698
  • Tax Rate Code Area: 21061

    Appraisal Valuation

  • Standard Deviation: 0.2279
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 946,403
  • High Value: 1,162,177
  • Low Value: 730,629

    Market Valuation

  • Market Total Value: $830,000
  • Market Land Value: $173,250
  • Market Improvement Value: $656,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,000
  • Assessed Land Value: $17,325
  • Assessed Improvements Value: $65,675

    Sales

  • Current Sale Contract Date: May 12, 2023
  • Current Sale Recording Date: May 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8122
  • Previous Sale Recording Date: May 02, 2003
  • Previous Sale Contract Date: Apr 03, 2003
  • Previous Sale Amount: $675,000
  • Previous Sale Document Type: 71
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 Burr Ridge

Stats & Trends

Median Asking:

$950,000

Sale Price/ft²

$284

Below Asking

0.01%

Average Days on Market

42

Average Home Size

4306 ft²

Average Home Age

33 years

Currently For Sale

32 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 5309 Central Avenue, Western Springs, IL, 60558

$3,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,459 ft²
5309 Central Avenue, Western Springs, IL, 60558 Listing by Deidre Rudich

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Stephanie Kallas, Platinum Partners Realtors
Last Updated: 3 years ago
Data Source: MRED, MLS# 11743567
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 1487 Tomlin Drive built and last sold?
The property at 1487 Tomlin Drive was built in 1989 and last sold on May 12, 2023 for $880,000.
How much is this home worth?
The estimated value of the home located at 1487 Tomlin Drive is $0.
What are some comparable homes to 1487 Tomlin Drive?
There are currently no comparable homes to 1487 Tomlin Drive.
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