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Naperville 60564 River Run
1623 Robert Lane
$587,000
● House - Off Market

1623 Robert Lane

NAPERVILLE, IL 60564
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,060 Ft²
$958,452
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Desirable River Run, Custom Autumn built home! Two story foyer, Den, LR with vaulted ceiling, Hardwood floors in spacious Dining Room.  Kitchen boasts newer Stainless Steel Appliances, refinished cabinetry & large center island. Eating area leads to deck & large private backyard with sprinkler system. Family Room with built in Cabinetry and Shelves, Masonry FP and Tray Ceiling. Master Bed Suite w/ 2 walk-in closets, Master Bath features large whirlpool tub, updated fixtures, neutral tile and vaulted ceiling. Large bedrooms including 19x20 5th bedroom can be used as bonus room. Jack and Jill Bath. Newer Roof, Unfinished English basement with roughed in plumbing. 3 Card side load garage. Intercom system, Nest thermostat.  River Run Equity membership included!
Unit Size
4,060 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$147
Property Type
House
Property Taxes
$1,318
HOA Dues
$25
Year Built
1996

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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 #09386456)

Price History

Date / Event Date Event Price
Apr 22, 2024 Sold
Premium
Sold
Jan 20, 2024 Listed by @properties Christie's International Real Estate $850,000
Listed by @properties Christie's International Real Estate
Jun 6, 2017 Sold
Premium
Sold
Nov 11, 2016 Listed by Coldwell Banker Residential $597,000
Listed by Coldwell Banker Residential

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,762
  • Garage Type: 7
  • Garage Square Area: 705
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,121
  • Total Building Area: 5,822
  • Building Area: 4,060
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 4,060
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVER RUN UNIT 3
  • Land Acres: 0000000420
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 240 IN RIVER RUN UNIT 3, BEING A SUB OF PRT OF THE NW1/4 NE1/4 OF SEC. 14, T37N-R9E.

Neighborhood

  • School District Name: Indian Prairie Community Unit School District 204
  • Census Tract: 880316

Geography

  • Parcel: 07-01-14-110-043
  • Lot: 240
  • Meridian: SEC 14 TWN 37N RNG 09E
  • Municipality: WHEATLAND
  • Latitude: 41.692
  • Longitude: -88.1788

    Address

  • Full Address: 1623 Robert Ln
  • Legal Unit: 3
  • Address - House Number: 1623
  • Address - Street Name: Robert
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Naperville
  • Carrier Code: R032
  • 4-Digit Zip Code: 7127
  • Zip Code: 60564

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,720,076
  • Tax Rate Code Area: 0711

    Appraisal Valuation

  • Standard Deviation: 0.1403
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 844,473
  • High Value: 963,036
  • Low Value: 725,911

    Market Valuation

  • Market Total Value: $730,227
  • Market Land Value: $152,445
  • Market Improvement Value: $577,782

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $243,409
  • Assessed Land Value: $50,815
  • Assessed Improvements Value: $192,594

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 2017
  • Current Sale Recording Date: Jun 19, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2017047316
  • Previous Sale Recording Date: Apr 25, 2017
  • Previous Sale Contract Date: Nov 01, 2016
  • Previous Sale Amount: $615,000
  • 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 River Run

Stats & Trends

Median Asking:

$1,100,000

Sale Price/ft²

$276

Below Asking

0.01%

Average Days on Market

52

Average Home Size

4800 ft²

Average Home Age

30 years

Currently For Sale

1 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 2656 Lawlor Lane, Naperville, IL, 60564

$3,700 /mo

  • 3 Beds
  • 2 Baths
  • 2,104 ft²
2656 Lawlor Lane, Naperville, IL, 60564 Listing by Sophia Su
Unit for rent at 2925 Showplace Drive, Naperville, IL, 60564

$3,750 /mo

  • 3 Beds
  • 2 Baths
  • 2,242 ft²
2925 Showplace Drive #NONE, Naperville, IL, 60564 Listing by QianKun Chen

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Coldwell Banker Residential
Last Updated: 3 years ago
Data Source: MRED, MLS# 09386456
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 1623 Robert Lane built and last sold?
The property at 1623 Robert Lane was built in 1996 and last sold on Jun 1, 2017 for $587,000.
How much is this home worth?
The estimated value of the home located at 1623 Robert Lane is $0.
What are some comparable homes to 1623 Robert Lane?
There are currently no comparable homes to 1623 Robert Lane.
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