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Des Plaines 60018
1820 Illinois Street
$364,000
● House - Off Market

1820 Illinois Street

Des Plaines, IL 60018
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,335 Ft²
$364,610
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Your new home awaits! Meticulously maintained and beautifully designed. Prime location minutes from dining, shopping and entertainment. 4 bedrooms, 2 full baths, first floor bedroom perfect for playroom, office or 4th bedroom PLUS basement ready for your finishing touches. First floor full bath and laundry. Don't miss out!
Unit Size
1,335 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$273
Property Type
House
Property Taxes
$493
HOA Dues
-
Year Built
1889

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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.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1889
  • Effective Year Built: 1889
  • 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: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,213
  • Total Building Area: 1,517
  • Gross Building Area: 1,517
  • Building Area: 1,517
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,517
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WHIPPLES ADD
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (RESUBDIVISION) OF LTS 15-34 BLK 2 OF WHIPPLES ADD TO RIVERVIEW IN WH SE NE SEC 29-41-12

Neighborhood

  • School District Name: Des Plaines Community Consolidated School District 62
  • Census Tract: 806502

Geography

  • District: 22
  • Parcel: 09-29-223-030-0000
  • Block: 2
  • Lot: 15-34
  • Meridian: SEC 29 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0201
  • Longitude: -87.8873

    Address

  • Full Address: 1820 Illinois St
  • Address - House Number: 1820
  • Address - Street Name: Illinois
  • Address - Suffix Type: St
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C010
  • 4-Digit Zip Code: 2321
  • Zip Code: 60018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $694,725
  • Tax Rate Code Area: 22028

    Appraisal Valuation

  • Standard Deviation: 0.268
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 387,032
  • High Value: 490,764
  • Low Value: 283,300

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $46,600
  • Market Improvement Value: $223,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $4,660
  • Assessed Improvements Value: $22,340

    Sales

  • Current Sale Contract Date: May 25, 2023
  • Current Sale Recording Date: Jun 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28011
  • Previous Sale Recording Date: Dec 05, 2016
  • Previous Sale Contract Date: Nov 21, 2016
  • Previous Sale Amount: $272,500
  • 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 Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$251

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1630 ft²

Average Home Age

50.8 years

Currently For Sale

109 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 430 S Western Avenue, Des Plaines, IL, 60016

$3,650 /mo

  • 3 Beds
  • 2 Baths
  • 1,980 ft²
430 S Western Avenue #203, Des Plaines, IL, 60016 Listing by Liviu Dinita
Unit for rent at 1787 Webster Lane, Des Plaines, IL, 60018

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,995 ft²
1787 Webster Lane, Des Plaines, IL, 60018 Listing by Sunil Gupta

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Darren Monforti, Associates Realty
Data Source: MRED, MLS# MRD11745570
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 1820 Illinois Street built and last sold?
The property at 1820 Illinois Street was built in 1889 and last sold on May 25, 2023 for $364,000.
How much is this home worth?
The estimated value of the home located at 1820 Illinois Street is $366,456.
What are some comparable homes to 1820 Illinois Street?
There are currently no comparable homes to 1820 Illinois Street.
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