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Des Plaines 60018
1754 Pratt Street
$110,000
● Land - Off Market

1754 Pratt Street

Des Plaines, IL 60018
bedrooms
Studio
bathrooms
0 Bath
$200,327
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

ATTENTION BUILDERS, 9000 square feet lot, surrounded by upscale new constructions located a few minutes from I-294, I-90 and Allstate Arena. Drive by and take a look!
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
$115
HOA Dues
-
Year Built
2019

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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 #09900412)

Price History

Date / Event Date Event Price
Apr 4, 2019 Sold
Premium
Sold
Mar 30, 2018 Listed by Baird & Warner $135,000
Listed by Baird & Warner

Property Highlights

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 28
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,936
  • Gross Building Area: 3,936
  • Building Area: 3,936
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SALINGER & COMPANYS GLEN
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-08
  • Legal Description 1: OLIVER (SALINGER) & (COMPANYS)(GLEN) ACS SUB IN WH NW SEC 33-41-12

Neighborhood

  • School District Name: Des Plaines Community Consolidated School District 62
  • Census Tract: 806600

Geography

  • District: 22
  • Parcel: 09-33-110-028-0000
  • Block: 7
  • Lot: 28
  • Meridian: SEC 33 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0029
  • Longitude: -87.8808

    Address

  • Full Address: 1754 Pratt Ave
  • Address - House Number: 1754
  • Address - Street Name: Pratt
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C034
  • 4-Digit Zip Code: 3812
  • Zip Code: 60018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,235,740
  • Tax Rate Code Area: 22017

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 673,499
  • High Value: 827,286
  • Low Value: 519,712

    Market Valuation

  • Market Total Value: $760,000
  • Market Land Value: $67,500
  • Market Improvement Value: $692,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,000
  • Assessed Land Value: $6,750
  • Assessed Improvements Value: $69,250

    Sales

  • Current Sale Contract Date: Mar 29, 2019
  • Current Sale Recording Date: Apr 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1910049020
  • Previous Sale Recording Date: Jul 14, 2006
  • Previous Sale Contract Date: Jun 30, 2006
  • Previous Sale Amount: $313,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1729 ft²

Average Home Age

53.1 years

Currently For Sale

117 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

Rentals Near You

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MRED

Listed by: Claudiu Popescu, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 09900412
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 1754 Pratt Street built and last sold?
The property at 1754 Pratt Street was built in 2019 and last sold on Mar 29, 2019 for $110,000.
How much is this home worth?
The estimated value of the home located at 1754 Pratt Street is $0.
What are some comparable homes to 1754 Pratt Street?
There are currently no comparable homes to 1754 Pratt Street.
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