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Mount Prospect 60056
2 N WILLE Street
$380,000
● House - Off Market

2 N WILLE Street

MOUNT PROSPECT, IL 60056
bedrooms
4 Beds
bathrooms
3 Baths
$682,133
RealtyHop Estimate
70.58%
Since Apr 1, 2007
National-US
Primary Model

About This Property

VINTAGE BUNGALOW W/ALL THE WHISTLES;MAIN FLR HAS ORIGINAL CROWN MOLDING,MAPLE FLOORS.LOWER LVL FEATURES FULL KTCH.WALK-OUT TO YARD TO EXPERIENCE THE SERENE GET-AWAY W/ MALIBU LIGHTS & NEW CEDAR FENCE.3 UPDTD BTHS.BDRM IN UPPER LVL CAN FIT KING BED.HOME HAS BEEN MODERNIZED FOR TODAYS STANDARDS & KEPT W/ ALL THE CHARM.2CAR DET GARAGE.TONS OF FLOWERS!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$453
HOA Dues
-
Year Built
1923

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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,850
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,600
  • Gross Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BUSSE ADD TO MOUNT PROSPECT
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: THE ERNEST (BUSSE) ADD TO (MOUNT)(PROSPECT) SUB OF S5 43FT OF EH SW SEC 34-42-11

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 802802

Geography

  • District: 38
  • Parcel: 03-34-330-022-0000
  • Block: 2
  • Lot: 10
  • Meridian: SEC 34 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.0665
  • Longitude: -87.9385

    Address

  • Full Address: 2 N Wille St
  • Address - House Number: 2
  • Street Direction: N
  • Address - Street Name: Wille
  • Address - Suffix Type: St
  • State: IL
  • City Name: Mount Prospect
  • Carrier Code: C074
  • 4-Digit Zip Code: 2449
  • Zip Code: 60056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $882,231
  • Tax Rate Code Area: 38020

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 418,681
  • High Value: 514,283
  • Low Value: 323,079

    Market Valuation

  • Market Total Value: $330,000
  • Market Land Value: $78,500
  • Market Improvement Value: $251,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,000
  • Assessed Land Value: $7,850
  • Assessed Improvements Value: $25,150

    Sales

  • Current Sale Contract Date: Dec 06, 2021
  • Current Sale Recording Date: Jan 21, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2202155152
  • Previous Sale Recording Date: Apr 09, 2012
  • Previous Sale Contract Date: Mar 27, 2012
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: 71

    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:

$459,900

Sale Price/ft²

$267

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1705 ft²

Average Home Age

55.6 years

Currently For Sale

86 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 1802 W Willow Lane, Mount Prospect, IL, 60056

$3,700 /mo

  • 4 Beds
  • 2 Baths
1802 W Willow Lane #1802, Mount Prospect, IL, 60056 Listing by Sunil Gupta
Unit for rent at 904 S Edward Street, Mount Prospect, IL, 60056

$3,550 /mo

  • 3 Beds
  • 2 Baths
  • 1,562 ft²
904 S Edward Street, Mount Prospect, IL, 60056 Listing by Radoslaw Marzol

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Megan Campbell Barnitz, CSC, Picket Fence Realty Mt. Prospe
Data Source: MRED, MLS# MRD06359312
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 2 North Wille Street built and last sold?
The property at 2 North Wille Street was built in 1923 and last sold on Dec 6, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 2 North Wille Street is $327,986.
What are some comparable homes to 2 North Wille Street?
There are currently no comparable homes to 2 North Wille Street.
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