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Wheaton 60187
1700 Kay Road
$605,000
● House - Off Market

1700 Kay Road

Wheaton, IL 60187
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,448 Ft²
$3,948
Est. Monthly
5.03%
Cap Rate

About This Property

UNBELIEVABLE VALUE!! WELCOME TO 1700 KAY ROAD- AN ABSOLUTELY GORGEOUS WHEATON RANCH HOME THAT HAS BEEN METICULOUSLY MAINTAINED BY IT'S OWNERS!  OVER 4200 SQ FT OF LIVING SPACE! 4 LARGE BEDROOMS AND 2 FULL BATHS.  CHARMING EAT IN KITCHEN WITH SOLID WALNUT CABINETS AND CORIAN COUNTER TOPS.  LARGE LIVING ROOM/DINING ROOM COMBINATION WITH FIREPLACE.  HUGE 20X19 FAMILY ROOM. FULL FINISHED BASEMENT WITH 3 LARGE STORAGE ROOMS.  2 CAR ATTACHED GARAGE AND TREX DECK.  AMAZING LOT-WITH A BARN- BACKING TO OPEN AREA.  BEAUTIFUL HOME PERFECT FOR YOUR FAMILY WITH PLENTY OF ROOM FOR GUESTS TOO.  CLOSE TO EVERYTHING IN DOWNTOWN WHEATON AND DOWNTOWN GLEN ELLYN.  HIGHLY ACCLAIMED GLEN ELLYN SCHOOLS. NEW ROOF AND GUTTERS. NEW WATER HEATER. A/C 2011. WINDOWS 2009.
Unit Size
2,448 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$253
Property Type
House
Property Taxes
$908
HOA Dues
-
Year Built
1955

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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 #11980510)

Price History

Date / Event Date Event Price
Mar 21, 2024 Sold
Premium
Sold
Feb 13, 2024 Listed by Berkshire Hathaway HomeServices Starck Real Estate $619,000
Listed by Berkshire Hathaway HomeServices Starck Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,836
  • Garage Type: 4
  • Garage Square Area: 1,040
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 85

    Dimensions

  • Lot Size Square Feet: 24,394
  • Lot Size Depth Feet: 189
  • Lot Size Frontage Feet: 128
  • Total Building Area: 4,284
  • Gross Building Area: 4,284
  • Building Area: 4,284
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,284
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHENEYS RESUBN
  • Land Acres: 0000000560
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: CHENEYS RESUBN /EX S 346.27 FT MEAS ON E X S 346 FT MEAS ON W/

Neighborhood

  • School District Name: Glen Ellyn School District 41
  • School Tax School District: WHEATON
  • Census Tract: 841901

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3025-A4
  • Parcel: 05-10-201-056
  • Block: 4
  • Lot: 1
  • Municipality: MILTON
  • Latitude: 41.8871
  • Longitude: -88.0824

    Address

  • Full Address: 1700 Kay Rd
  • Address - House Number: 1700
  • Address - Street Name: Kay
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Wheaton
  • Carrier Code: C033
  • 4-Digit Zip Code: 2803
  • Zip Code: 60187

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,089,510
  • Tax Rate Code Area: 5043

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 594,377
  • High Value: 687,093
  • Low Value: 501,662

    Market Valuation

  • Market Total Value: $467,760
  • Market Land Value: $119,460
  • Market Improvement Value: $348,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $155,920
  • Assessed Land Value: $39,820
  • Assessed Improvements Value: $116,100

    Sales

  • Current Sale Contract Date: Mar 12, 2024
  • Current Sale Recording Date: Mar 28, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 16431
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 Wheaton

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$275

Below Asking

0.01%

Average Days on Market

37

Average Home Size

1872 ft²

Average Home Age

52 years

Currently For Sale

75 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 361 Bryant Avenue, Glen Ellyn, IL, 60137

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,737 ft²
361 Bryant Avenue, Glen Ellyn, IL, 60137 Listing by David Gust
Unit for rent at 1462 Glen Ellyn Road, Glendale Heights, IL, 60139

$3,400 /mo

  • 4 Beds
  • 2 Baths
  • 2,656 ft²
1462 Glen Ellyn Road, Glendale Heights, IL, 60139 Listing by Jelena Grimaldi

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kelly Dunlop, Berkshire Hathaway HomeServices Starck Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11980510
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 1700 Kay Road built and last sold?
The property at 1700 Kay Road was built in 1955 and last sold on Mar 12, 2024 for $605,000.
How much is this home worth?
The estimated value of the home located at 1700 Kay Road is $0.
What are some comparable homes to 1700 Kay Road?
There are currently no comparable homes to 1700 Kay Road.
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