For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Des Plaines 60018
1564 Webster Lane
$410,000
● House - Off Market

1564 Webster Lane

Des Plaines, IL 60018
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,392 Ft²
$2,622
Est. Monthly
7.00%
Cap Rate

About This Property

Discover this charming ranch-style home in a prime location! It boasts three bedrooms and two full bathrooms on the main floor. The finished basement adds extra living space, featuring a rec room, a bar, a fourth bedroom, and an additional full bathroom. The home also includes a brand-new hot water tank & Newer driveway. Enjoy the convenience of a central location, with easy access to transportation and shopping amenities.
Unit Size
1,392 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$295
Property Type
House
Property Taxes
$608
HOA Dues
-
Year Built
1967

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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,069
  • Lot Size Depth Feet: 540
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 1,392
  • Gross Building Area: 1,392
  • Building Area: 1,392
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,392
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AGES & SCHNEIDERS
  • Land Acres: 0000000162
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (AGES) & (SCHNEIDERS) RESUB OF LTS 2-3 IN WILLIAM LAG ERHAUSEN DIVIN LT 7 IN CARL LAGERHAUSEN ESTATE DIVIN OF SW SEC 20-41-12

Neighborhood

  • School District Name: Des Plaines Community Consolidated School District 62
  • Census Tract: 770601

Geography

  • District: 22
  • Parcel: 09-20-320-002-0000
  • Block: 2
  • Lot: 2,3,7
  • Meridian: SEC 20 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0243
  • Longitude: -87.9009

    Address

  • Full Address: 1564 Webster Ln
  • Address - House Number: 1564
  • Address - Street Name: Webster
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C031
  • 4-Digit Zip Code: 1424
  • Zip Code: 60018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $709,669
  • Tax Rate Code Area: 22028

    Appraisal Valuation

  • Standard Deviation: 0.2313
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 381,977
  • High Value: 470,365
  • Low Value: 293,590

    Market Valuation

  • Market Total Value: $310,000
  • Market Land Value: $70,690
  • Market Improvement Value: $239,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,000
  • Assessed Land Value: $7,069
  • Assessed Improvements Value: $23,931

    Sales

  • Current Sale Contract Date: Jul 23, 2019
  • Current Sale Recording Date: Aug 09, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1922108013
  • Previous Sale Recording Date: Aug 09, 2019
  • Previous Sale Contract Date: May 16, 2019
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: UNK
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 Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1729 ft²

Average Home Age

53.1 years

Currently For Sale

117 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 1260 Evergreen Avenue, Des Plaines, IL, 60016

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,775 ft²
1260 Evergreen Avenue, Des Plaines, IL, 60016 Listing by Vaseekaran Janarthanam

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Amy Duong, Compass
Data Source: MRED, MLS# MRD12386321
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 1564 Webster Lane built and last sold?
The property at 1564 Webster Lane was built in 1967 and last sold on Jul 23, 2019 for $260,000.
How much is this home worth?
The estimated value of the home located at 1564 Webster Lane is $412,537.
What are some comparable homes to 1564 Webster Lane?
There are currently no comparable homes to 1564 Webster Lane.
Recent Neighborhood News
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
The Current Status of iBuying in 2026: What To Know
Popular Searches
Maine Homes for Sale
Maine Houses for Sale
Maine Condos for Sale
Maine Townhouses for Sale
Maine Multifamily for Sale
Maine Land for Sale
Maine Commercial for Sale
Maine Homes with Basements
Nearby Cities
Arlington Heights Homes for Sale
Des Plaines Homes for Sale
Evanston Homes for Sale
Skokie Homes for Sale
Park Ridge Homes for Sale
Mount Prospect Homes for Sale
Glenview Homes for Sale
Northbrook Homes for Sale
Nearby Property Records
DuPage County, IL Property Records
Lake County, IL Property Records
Cook County, IL Property Records
Kane County, IL Property Records
McHenry County, IL Property Records
Kenosha County, WI Property Records
Will County, IL Property Records
Kendall County, IL Property Records
Neighborhoods
Jefferson Park Real Estate
West Rogers Park Real Estate
Albany Park Real Estate
Norwood Park Real Estate
Portage Park Real Estate
Avondale Real Estate
Cragin Real Estate
Belmont Central Real Estate
Nearby Counties
Wheeling Homes for Sale
Niles Homes for Sale
Northfield Homes for Sale
Leyden Homes for Sale
Elk Grove Homes for Sale
Addison Homes for Sale
Evanston Homes for Sale
New Trier Homes for Sale
Top Real Estate Agents
Top Agents in Maine
Top Agents in Wheeling
Top Agents in Niles
Top Agents in 60618
Top Agents in Northfield
Top Agents in Leyden
Top Agents in Arlington Heights
Top Agents in Elk Grove