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Hanover Park 60133
1535 Schooner Lane
$250,000
● House - Off Market

1535 Schooner Lane

Hanover Park, IL 60133
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,136 Ft²
$242,969
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

RARE and spacious 4BD/2BA RANCH located on a quiet street in the tree lined neighborhood of Woodlake Trails the Arbor in Hanover Park.  This home boosts tons of updates including; fresh paint (2022), updated baths (2022), ss appliances (2019), HVAC (2016), and roof (2018).    Situated on a great lot with shed for additional storage.  Conveniently located near schools, parks, shopping and the metra.  Contact Hanna to arrange tour.
Unit Size
1,136 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$207
Property Type
House
Property Taxes
$490
HOA Dues
-
Year Built
1978

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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 #11448697)

Price History

Date / Event Date Event Price
Aug 2, 2022 Sold
Premium
Sold
Jun 29, 2022 Listed by Fathom Realty IL LLC $235,000
Listed by Fathom Realty IL LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 18
  • Building Style: 11
  • 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
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 1,136
  • Gross Building Area: 1,136
  • Building Area: 1,136
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 0
  • Heated Square Feet: 1,136
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HANOVER-ARMY TRAIL UNIT NO 13
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: HANOVER-ARMY TRAIL UNIT NO 13 ALL

Neighborhood

  • School District Name: Community Consolidated School District 93
  • School Tax School District: HANOVER PARK
  • Census Tract: 841114

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2967-D3
  • Parcel: 02-19-105-004
  • Block: 40
  • Lot: 19
  • Municipality: BLOOMINGDALE
  • Latitude: 41.9423
  • Longitude: -88.1446

    Address

  • Full Address: 1535 Schooner Ln
  • Legal Unit: 13
  • Address - House Number: 1535
  • Address - Street Name: Schooner
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hanover Park
  • Carrier Code: R004
  • 4-Digit Zip Code: 6126
  • Zip Code: 60133

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $614,348
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 2080

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 280,192
  • High Value: 329,986
  • Low Value: 230,397

    Market Valuation

  • Market Total Value: $216,420
  • Market Land Value: $61,440
  • Market Improvement Value: $154,980

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $72,140
  • Assessed Land Value: $20,480
  • Assessed Improvements Value: $51,660

    Sales

  • Current Sale Contract Date: Jul 26, 2022
  • Current Sale Recording Date: Aug 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 73676
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 Hanover Park

Stats & Trends

Median Asking:

$349,000

Sale Price/ft²

$232

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1518 ft²

Average Home Age

47.2 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 237 Biscayne Street, Bloomingdale, IL, 60108

$3,600 /mo

  • 4 Beds
  • 2 Baths
  • 2,964 ft²
237 Biscayne Street, Bloomingdale, IL, 60108 Listing by Harinder Hundal
Unit for rent at 1780 Nautilus Lane, Hanover Park, IL, 60133

$3,200 /mo

  • 3 Beds
  • 3 Baths
  • 2,000 ft²
1780 Nautilus Lane, Hanover Park, IL, 60133 Listing by Benyamin Lalez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Hanna Gorka, Fathom Realty IL LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11448697
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 1535 Schooner Lane built and last sold?
The property at 1535 Schooner Lane was built in 1978 and last sold on Jul 26, 2022 for $250,000.
How much is this home worth?
The estimated value of the home located at 1535 Schooner Lane is $236,548.
What are some comparable homes to 1535 Schooner Lane?
There are currently no comparable homes to 1535 Schooner Lane.
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