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Hanover Park 60133
1850 Wright Lane
$190,000
● House - Off Market

1850 Wright Lane

HANOVER PARK, IL 60133
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,852 Ft²
$336,983
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

SOLD DURING PROCESSING
Unit Size
1,852 Ft²
Days on Market
-
Land Size
-
Price per sqft
$113
Property Type
House
Property Taxes
$611
HOA Dues
-
Year Built
1979

Payment Calculator

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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 #09605413)

Price History

Date / Event Date Event Price
Jun 12, 2017 Sold
Premium
Sold
Apr 25, 2017 Listed by RE/MAX Suburban $209,900
Listed by RE/MAX Suburban

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 0
  • Full Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,236
  • Building Area: 1,236
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,236
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: HANOVER-SCHICK UNIT 2
  • Land Acres: 0000000180
  • Standard Land Use Code: 0532
  • County Land Use Code: L
  • Legal Description 1: HANOVER-SCHICK UNIT 2 ALL

Neighborhood

  • School District Name: Community Consolidated School District 93
  • School Tax School District: HANOVER PARK
  • Census Tract: 841320

Zoning

  • Zoning: R

Geography

  • Parcel: 01-13-209-013
  • Block: 6
  • Lot: 14
  • Municipality: WAYNE
  • Latitude: 41.9542
  • Longitude: -88.1516

    Address

  • Full Address: 1850 Wright Ln
  • Legal Unit: 2
  • Address - House Number: 1850
  • Address - Street Name: Wright
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hanover Park
  • Carrier Code: R005
  • 4-Digit Zip Code: 5928
  • Zip Code: 60133

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $830,416
  • Tax Rate Code Area: 1004

    Market Valuation

  • Market Total Value: $247,890
  • Market Land Value: $75,060
  • Market Improvement Value: $172,830

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $82,630
  • Assessed Land Value: $25,020
  • Assessed Improvements Value: $57,610

    Sales

  • Current Sale Contract Date: Jun 12, 2017
  • Current Sale Recording Date: Jun 16, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2017-059799
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 Hanover Park

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$233

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1387 ft²

Average Home Age

48 years

Currently For Sale

43 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 237 Biscayne Street, Bloomingdale, IL, 60108

$3,600 /mo

  • 4 Beds
  • 2 Baths
  • 2,964 ft²
237 Biscayne Street, Bloomingdale, IL, 60108 Listing by Harinder Hundal
Unit for rent at 982 Valleyview Drive, Bartlett, IL, 60103

$3,350 /mo

  • 4 Beds
  • 2 Baths
  • 2,028 ft²
982 Valleyview Drive, Bartlett, IL, 60103 Listing by Kelly Dunlop

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , RE/MAX Suburban
Last Updated: 3 years ago
Data Source: MRED, MLS# 09605413
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 1850 Wright Lane built and last sold?
The property at 1850 Wright Lane was built in 1979 and last sold on Jun 12, 2017 for $63,333.
How much is this home worth?
The estimated value of the home located at 1850 Wright Lane is $0.
What are some comparable homes to 1850 Wright Lane?
There are currently no comparable homes to 1850 Wright Lane.
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