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Hanover Park 60133
1870 Grosse Pointe Circle
$376,000
● House - Off Market

1870 Grosse Pointe Circle

Hanover Park, IL 60133
bedrooms
2 Beds
bathrooms
3 Baths
square feet
1,248 Ft²
$2,554
Est. Monthly
4.28%
Cap Rate

About This Property

What more could you want? Freshly painted, professionally cleaned, move-in condition, next to a park! With many high end updates this home is beautiful! Features include: hardwood floors, vaulted ceilings, full finished basement with family room, 3rd bedroom & full bathroom. Kitchen includes elegant cabinetry, farmhouse sink, granite counters, plantation shutters, window seat & large eating area. Other features include: updated baths, brick fireplace with gas logs, radon mitigation system & large deck overlooking Harbor Park. The solar panels will provide many years of low energy bills (quick and easy SunRun solar lease transfer). Great location, close to Metra & expressways. You'll fall in love with this one!
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$300
Property Type
House
Property Taxes
$712
HOA Dues
-
Year Built
1989

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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

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,248
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FARMINGTON UNIT ONE PHASE 2
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: FARMINGTON UNIT ONE PHASE 2 ALL

Neighborhood

  • School District Name: Community Consolidated School District 93
  • School Tax School District: HANOVER PARK
  • Census Tract: 841322

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2967-C3
  • Subdivision Phase Number: 2
  • Parcel: 01-13-407-002
  • Lot: 134
  • Municipality: WAYNE
  • Latitude: 41.9452
  • Longitude: -88.1532

    Address

  • Full Address: 1870 Grosse Pointe Cir
  • Legal Unit: 1
  • Address - House Number: 1870
  • Address - Street Name: Grosse Pointe
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Hanover Park
  • Carrier Code: R009
  • 4-Digit Zip Code: 6722
  • Zip Code: 60133

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $789,814
  • Tax Rate Code Area: 1004

    Appraisal Valuation

  • Standard Deviation: 0.1715
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 327,894
  • High Value: 384,151
  • Low Value: 271,637

    Market Valuation

  • Market Total Value: $253,770
  • Market Land Value: $83,100
  • Market Improvement Value: $170,670

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $84,590
  • Assessed Land Value: $27,700
  • Assessed Improvements Value: $56,890

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 05, 2017
  • Current Sale Recording Date: Dec 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: R2017-132848
  • Previous Sale Recording Date: Feb 26, 2004
  • Previous Sale Contract Date: Feb 24, 2004
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 40

    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 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 1353 Coldspring Road, Carol Stream, IL, 60188

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,086 ft²
1353 Coldspring Road, Carol Stream, IL, 60188 Listing by Rosa Bueno

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Raymond Watson, RE/MAX All Pro
Data Source: MRED, MLS# MRD12384052
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 1870 Grosse Pointe Circle built and last sold?
The property at 1870 Grosse Pointe Circle was built in 1989 and last sold on Dec 5, 2017 for $260,000.
How much is this home worth?
The estimated value of the home located at 1870 Grosse Pointe Circle is $0.
What are some comparable homes to 1870 Grosse Pointe Circle?
There are currently no comparable homes to 1870 Grosse Pointe Circle.
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