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Wheaton 60187
2026 N Summit Street
$385,000
● House - Off Market

2026 N Summit Street

Wheaton, IL 60187
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,836 Ft²
$390,015
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Take advantage of this amazing opportunity! Rarely available extra deep, 100' x 297' private, wood-lined lot on .68 acres! Ideal setting to bring your designer ideas and make this home your own. Enhance what is there or expand into the back yard. This 2 Story home in incorporated North Wheaton has Hardwood Floors Galore, is flooded with natural sunlight, has a 2 Car Attached Garage plus a partially finished full Basement. 4 generously sized Bedrooms are on the 2nd floor with a full bath.  The main floor has a large Living Room, Separate Dining Room, Powder Room and Kitchen with Peninsula / Breakfast Bar. This home has great bones! Rare opportunity! New Roof in 2021. School District 200!
Unit Size
1,836 Ft²
Days on Market
-
Land Size
-
Price per sqft
$204
Property Type
House
Property Taxes
$709
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11426650)

Price History

Date / Event Date Event Price
Sep 26, 2022 Sold
Premium
Sold
Aug 16, 2022 Listed by Keller Williams Premiere Properties $375,000
Listed by Keller Williams Premiere Properties

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 918
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,621
  • Lot Size Depth Feet: 296
  • Lot Size Frontage Feet: 100
  • Total Building Area: 3,194
  • Gross Building Area: 3,194
  • Building Area: 2,754
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,754
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MC INTOSH WHEATON FARMS
  • Land Acres: 0000000680
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: MC INTOSH WHEATON FARMS

Neighborhood

  • School District Name: Community Unit School District 200
  • School Tax School District: DISTRICT 200
  • Census Tract: 841901

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3024-E4
  • Parcel: 05-10-101-017
  • Block: 1
  • Lot: 7
  • Municipality: MILTON
  • Latitude: 41.8868
  • Longitude: -88.0875

    Address

  • Full Address: 2026 N Summit St
  • Address - House Number: 2026
  • Street Direction: N
  • Address - Street Name: Summit
  • Address - Suffix Type: St
  • State: IL
  • City Name: Wheaton
  • Carrier Code: C033
  • 4-Digit Zip Code: 3358
  • Zip Code: 60187

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $853,418
  • Tax Rate Code Area: 5012

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 471,184
  • High Value: 545,248
  • Low Value: 397,121

    Market Valuation

  • Market Total Value: $387,690
  • Market Land Value: $126,000
  • Market Improvement Value: $261,690

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $129,230
  • Assessed Land Value: $42,000
  • Assessed Improvements Value: $87,230

    Sales

  • Current Sale Contract Date: Sep 01, 2022
  • Current Sale Recording Date: Oct 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 94946
  • Previous Sale Recording Date: Sep 14, 2005
  • Previous Sale Contract Date: Aug 31, 2005
  • Previous Sale Amount: $350,000
  • 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 Wheaton

Stats & Trends

Median Asking:

$469,000

Sale Price/ft²

$275

Below Asking

0.01%

Average Days on Market

37

Average Home Size

1825 ft²

Average Home Age

54.3 years

Currently For Sale

71 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 507 W Wesley Street, Wheaton, IL, 60187

$3,300 /mo

  • 3 Beds
  • 2 Baths
  • 2,063 ft²
507 W Wesley Street, Wheaton, IL, 60187 Listing by Erica Williams
Unit for rent at 1462 Glen Ellyn Road, Glendale Heights, IL, 60139

$3,400 /mo

  • 4 Beds
  • 2 Baths
  • 2,656 ft²
1462 Glen Ellyn Road, Glendale Heights, IL, 60139 Listing by Jelena Grimaldi

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jennifer Kotz, Keller Williams Premiere Properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11426650
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 2026 North Summit Street built and last sold?
The property at 2026 North Summit Street was built in 1964 and last sold on Sep 1, 2022 for $385,000.
How much is this home worth?
The estimated value of the home located at 2026 North Summit Street is $0.
What are some comparable homes to 2026 North Summit Street?
There are currently no comparable homes to 2026 North Summit Street.
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