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Naperville 60563 Cress Creek
1518 Inverrary Drive
$605,000
● House - Off Market

1518 Inverrary Drive

Naperville, IL 60563
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,225 Ft²
$3,495
Est. Monthly
$50
HOA / Fees
4.59%
Cap Rate
Unit Size
2,225 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$247
Property Type
House
Property Taxes
$745
HOA Dues
$50
Year Built
1980

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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.

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 828
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 102
  • Lot Size Frontage Feet: 56
  • Total Building Area: 3,053
  • Gross Building Area: 3,053
  • Building Area: 2,225
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,225
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESS CREEK COMMONS UNIT TWO
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: CRESS CREEK COMMONS UNIT TWO ALL

Neighborhood

  • School District Name: Naperville Community Unit District 203
  • School Tax School District: DISTRICT 203
  • Census Tract: 846405

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3141-A2
  • Parcel: 07-11-209-004
  • Lot: 31
  • Municipality: NAPERVILLE
  • Latitude: 41.7955
  • Longitude: -88.1746

    Address

  • Full Address: 1518 Inverrary Dr
  • Legal Unit: 2
  • Address - House Number: 1518
  • Address - Street Name: Inverrary
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Naperville
  • Carrier Code: C021
  • 4-Digit Zip Code: 2253
  • Zip Code: 60563

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $871,824
  • Tax Rate Code Area: 7025

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 562,727
  • High Value: 651,179
  • Low Value: 474,274

    Market Valuation

  • Market Total Value: $437,790
  • Market Land Value: $142,980
  • Market Improvement Value: $294,810

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $145,930
  • Assessed Land Value: $47,660
  • Assessed Improvements Value: $98,270

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: Feb 07, 1998
  • Current Sale Recording Date: Mar 23, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R98-051745
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 Cress Creek

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$263

Below Asking

0.01%

Average Days on Market

37

Average Home Size

2164 ft²

Average Home Age

48.5 years

Currently For Sale

10 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 117 E 6th Avenue, Naperville, IL, 60563

$3,100 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
117 E 6th Avenue, Naperville, IL, 60563 Listing by Kevin Beallis
Unit for rent at 1738 Windward Court, Naperville, IL, 60563

$2,995 /mo

  • 3 Beds
  • 2 Baths
  • 1,538 ft²
1738 Windward Court, Naperville, IL, 60563 Listing by Kimberly Carlson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Joe Piraino, Baird & Warner
Data Source: MRED, MLS# MRD12309144
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 1518 Inverrary Drive built and last sold?
The property at 1518 Inverrary Drive was built in 1980 and last sold on Feb 7, 1998 for $210,000.
How much is this home worth?
The estimated value of the home located at 1518 Inverrary Drive is $0.
What are some comparable homes to 1518 Inverrary Drive?
There are currently no comparable homes to 1518 Inverrary Drive.
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