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Darien 60561
1632 Lakeview Drive
$660,000
● House - Off Market

1632 Lakeview Drive

Darien, IL 60561
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,138 Ft²
$671,009
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Welcome to this stunning home with private picturesque views of a tranquil backyard overlooking the lake. Home features inlaid hardwood floors, custom carpet, a huge eat-in kitchen with breakfast bar, double ovens, granite counters, stainless appliances, a sunroom with cathedral ceiling and skylights overlooking a 20'X40' inground pool with slide and diving board and a fabulous lake view. Family room with a built-in refrigerator which is great for entertaining, custom made storage cabinets, fireplace, and also has a sliding glass door leading to the spacious patio. Beautifully finished lower level with 10' ceilings and lots of extra storage. 2+ car garage features custom cabinets. This is a must-see!
Unit Size
3,138 Ft²
Days on Market
-
Land Size
-
Price per sqft
$207
Property Type
House
Property Taxes
$993
HOA Dues
-
Year Built
1985

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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 #11454278)

Price History

Date / Event Date Event Price
Aug 17, 2022 Sold
Premium
Sold
Jul 5, 2022 Listed by Exit Real Estate Partners $649,000
Listed by Exit Real Estate Partners

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • 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: 6
  • Basement Area: 1,622
  • Garage Type: 7
  • Garage Square Area: 599
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,958
  • Lot Size Depth Feet: 3,170
  • Lot Size Frontage Feet: 750
  • Total Building Area: 4,760
  • Gross Building Area: 4,760
  • Building Area: 3,138
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 3,138
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SAWMILL CREEK UNIT NO 1
  • Land Acres: 0000000550
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: SAWMILL CREEK UNIT NO 1 ALL

Neighborhood

  • School District Name: Center Cass School District 66
  • School Tax School District: DARIEN-WOODRIDG
  • Census Tract: 845807

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: 3207-A3
  • Parcel: 09-33-110-023
  • Lot: 6
  • Municipality: DOWNERS GROVE
  • Latitude: 41.7398
  • Longitude: -87.986

    Address

  • Full Address: 1632 Lakeview Dr
  • Legal Unit: 1
  • Address - House Number: 1632
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Darien
  • Carrier Code: C037
  • 4-Digit Zip Code: 4910
  • Zip Code: 60561

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,296,806
  • Tax Rate Code Area: 9083

    Appraisal Valuation

  • Standard Deviation: 0.1672
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 720,611
  • High Value: 841,105
  • Low Value: 600,117

    Market Valuation

  • Market Total Value: $608,970
  • Market Land Value: $220,440
  • Market Improvement Value: $388,530

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $202,990
  • Assessed Land Value: $73,480
  • Assessed Improvements Value: $129,510

    Sales

  • Current Sale Contract Date: Aug 07, 2022
  • Current Sale Recording Date: Sep 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 85361
  • Previous Sale Recording Date: Aug 20, 2002
  • Previous Sale Contract Date: Jul 26, 2002
  • Previous Sale Amount: $475,000
  • 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 Darien

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$246

Below Asking

0.01%

Average Days on Market

39

Average Home Size

2309 ft²

Average Home Age

43.8 years

Currently For Sale

50 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 1015 Claremont Drive, Downers Grove, IL, 60516

$3,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
1015 Claremont Drive #1015, Downers Grove, IL, 60516 Listing by Molly Roche

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Christopher Hochstedt, Exit Real Estate Partners
Last Updated: 3 years ago
Data Source: MRED, MLS# 11454278
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 1632 Lakeview Drive built and last sold?
The property at 1632 Lakeview Drive was built in 1985 and last sold on Aug 7, 2022 for $660,000.
How much is this home worth?
The estimated value of the home located at 1632 Lakeview Drive is $0.
What are some comparable homes to 1632 Lakeview Drive?
There are currently no comparable homes to 1632 Lakeview Drive.
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