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Mount Prospect 60056
1718 N Aralia Drive
$265,000
● House - Off Market

1718 N Aralia Drive

MOUNT PROSPECT, IL 60056
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,262 Ft²
$444,897
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Lovely ALL BRICK Split level lovingly cared for by original owner! Large living room with Dining L! Eat in kitchen with hardwood floors & all appliances! Three spacious bedrooms with parquet floors! Adorable RETRO turquoise hall bath! Spacious, BRIGHT lower level family room!   Lower level also has 1/2 bath & LARGE laundry/utility area! Concrete crawl for storage! Beautiful FENCED yard with concrete patio! Awesome OPPORTUNITY to make this HOME your own!!
Unit Size
1,262 Ft²
Days on Market
-
Land Size
-
Price per sqft
$214
Property Type
House
Property Taxes
$684
HOA Dues
-
Year Built
1969

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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 #09370958)

Price History

Date / Event Date Event Price
Mar 29, 2017 Sold
Premium
Sold
Oct 18, 2016 Listed by RE/MAX At Home $270,000
Listed by RE/MAX At Home

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,263
  • Total Building Area: 1,262
  • Gross Building Area: 1,262
  • Building Area: 1,262
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,262
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRICKMAN MANOR 03 ADD 02
  • Land Acres: 0000000213
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 802610

Geography

  • District: 38
  • Parcel: 03-24-313-011-0000
  • Lot: 273
  • Meridian: SEC 24 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.0998
  • Longitude: -87.9014

    Address

  • Full Address: 1718 N Aralia Dr
  • Address - House Number: 1718
  • Street Direction: N
  • Address - Street Name: Aralia
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C095
  • 4-Digit Zip Code: 1631
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $840,911
  • Tax Rate Code Area: 38087

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 396,137
  • High Value: 487,319
  • Low Value: 304,956

    Market Valuation

  • Market Total Value: $310,000
  • Market Land Value: $83,370
  • Market Improvement Value: $226,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,000
  • Assessed Land Value: $8,337
  • Assessed Improvements Value: $22,663

    Sales

  • Current Sale Contract Date: Mar 03, 2017
  • Current Sale Recording Date: Apr 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1710117012

    Financing

  • First Mortgage Financing Type: FIX
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 Mount Prospect

Stats & Trends

Median Asking:

$459,000

Sale Price/ft²

$267

Below Asking

0.01%

Average Days on Market

39

Average Home Size

1699 ft²

Average Home Age

55.6 years

Currently For Sale

88 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 4731 Lilac Avenue, Glenview, IL, 60025

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,900 ft²
4731 Lilac Avenue, Glenview, IL, 60025 Listing by Michael Zapart
Unit for rent at 1923 E Pawnee Lane, Mount Prospect, IL, 60056

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,694 ft²
1923 E Pawnee Lane, Mount Prospect, IL, 60056 Listing by Rafay Qamar

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , RE/MAX At Home
Last Updated: 3 years ago
Data Source: MRED, MLS# 09370958
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 1718 North Aralia Drive built and last sold?
The property at 1718 North Aralia Drive was built in 1969 and last sold on Mar 3, 2017 for $265,000.
How much is this home worth?
The estimated value of the home located at 1718 North Aralia Drive is $0.
What are some comparable homes to 1718 North Aralia Drive?
There are currently no comparable homes to 1718 North Aralia Drive.
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