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DuPage 60106
16W481 2nd Avenue
$275,000
● House - Off Market

16W481 2nd Avenue

Bensenville, IL 60106
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,148 Ft²
$268,817
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Great 3 bed Split-Level home needs some updating but has great bones very spacious bedrooms. Full bath right next to bedrooms with double sinks. Great Living room with built in book cases and Vaulted Ceiling make the room super cozy with tons of natural light seeping thru. Large eat it kitchen ready for your updates. Lower level features 1/2 bath. Also has great family rooms space a utility room and even a mini home office. Lower level laundry room with plenty of space and lower level even has entrance to the back yard. The oversized 2 1/2 car garage has plenty of space for a workshop or for the car enthusiast. Backyard is fenced for the pets or the kids and even has large shed for all your garden needs.
Unit Size
1,148 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$226
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1977

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Cap Rate Calculator

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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.

Last updated: 3 years ago (MRED MLS #11412320)

Price History

Date / Event Date Event Price
Aug 19, 2022 Sold
Premium
Sold
May 23, 2022 Listed by Keller Williams Momentum $260,000
Listed by Keller Williams Momentum

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 41
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 157
  • Lot Size Frontage Feet: 50
  • Total Building Area: 1,658
  • Gross Building Area: 1,658
  • Building Area: 1,658
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,658
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VOLK BROS 1ST ADD TO EDGEWOOD
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: VOLK BROS 1ST ADD TO EDGEWOOD

Neighborhood

  • School District Name: Bensenville School District 2
  • School Tax School District: BENSENVILLE 1
  • Census Tract: 840802

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2971-D2
  • Parcel: 03-23-113-008
  • Lot: 37
  • Municipality: ADDISON
  • Latitude: 41.9475
  • Longitude: -87.9517

    Address

  • Full Address: 16w481 2nd Ave
  • Address - House Number: 16w481
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Bensenville
  • Carrier Code: C015
  • 4-Digit Zip Code: 2659
  • Zip Code: 60106

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $552,766
  • Tax Rate Code Area: 3070

    Appraisal Valuation

  • Standard Deviation: 0.1808
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 305,007
  • High Value: 360,160
  • Low Value: 249,855

    Market Valuation

  • Market Total Value: $250,710
  • Market Land Value: $89,610
  • Market Improvement Value: $161,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $83,570
  • Assessed Land Value: $29,870
  • Assessed Improvements Value: $53,700

    Sales

  • Current Sale Contract Date: Jun 24, 2022
  • Current Sale Recording Date: Sep 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 86534
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 DuPage

Stats & Trends

Median Asking:

$449,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2293 ft²

Average Home Age

43 years

Currently For Sale

1512 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 221 N Walnut Street, Bensenville, IL, 60106

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,560 ft²
221 N Walnut Street #H, Bensenville, IL, 60106 Listing by Rene Aguirre
Unit for rent at 128 Morgans Gate Drive, Wood Dale, IL, 60191

$2,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,771 ft²
128 Morgans Gate Drive, Wood Dale, IL, 60191 Listing by Vittoria Logli

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Herbert Straus, Keller Williams Momentum
Last Updated: 3 years ago
Data Source: MRED, MLS# 11412320
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 16W481 2nd Avenue built and last sold?
The property at 16W481 2nd Avenue was built in 1977 and last sold on Jun 24, 2022 for $275,000.
How much is this home worth?
The estimated value of the home located at 16W481 2nd Avenue is $0.
What are some comparable homes to 16W481 2nd Avenue?
There are currently no comparable homes to 16W481 2nd Avenue.
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