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Des Plaines 60018
2039 Sunset Drive
$240,000
● House - Off Market

2039 Sunset Drive

Des Plaines, IL 60018
bedrooms
2 Beds
bathrooms
1 Bath
square feet
792 Ft²
$258,478
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

All brick 2 bedrooms home with a full basement. Needs updating. Located on a great big lot,  60 X 170. Side drive with plenty of room for a garage. Oversized shed for all your extra storage needs.
Unit Size
792 Ft²
Days on Market
-
Land Size
-
Price per sqft
$316
Property Type
House
Property Taxes
$162
HOA Dues
-
Year Built
1952

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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 #11437542)

Price History

Date / Event Date Event Price
Aug 4, 2022 Sold
Premium
Sold
Jun 16, 2022 Listed by RE/MAX Suburban $250,000
Listed by RE/MAX Suburban

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,200
  • Total Building Area: 792
  • Gross Building Area: 792
  • Building Area: 792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 792
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOWN IMPROV CORP D
  • Land Acres: 0000000234
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02

Neighborhood

  • School District Name: Des Plaines Community Consolidated School District 62
  • Census Tract: 806600

Geography

  • District: 22
  • Parcel: 09-33-409-004-0000
  • Block: 3
  • Lot: 4
  • Meridian: SEC 33 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 41.9968
  • Longitude: -87.8738

    Address

  • Full Address: 2039 Sunset Dr
  • Address - House Number: 2039
  • Address - Street Name: Sunset
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C043
  • 4-Digit Zip Code: 4039
  • Zip Code: 60018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $459,139
  • Tax Rate Code Area: 22017

    Appraisal Valuation

  • Standard Deviation: 0.2458
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 276,650
  • High Value: 344,665
  • Low Value: 208,634

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $76,500
  • Market Improvement Value: $163,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $7,650
  • Assessed Improvements Value: $16,350

    Sales

  • Current Sale Contract Date: Jul 21, 2022
  • Current Sale Recording Date: Aug 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 42046
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

$250

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1720 ft²

Average Home Age

52.1 years

Currently For Sale

103 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 1748 Orchard Street, Des Plaines, IL, 60018

$2,450 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
1748 Orchard Street, Des Plaines, IL, 60018 Listing by Barbara Augustyn Rago
Unit for rent at 915 N Northwest Highway, Park Ridge, IL, 60068

$2,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,117 ft²
915 N Northwest Highway #2, Park Ridge, IL, 60068 Listing by Craig Fallico

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mary Myzia, RE/MAX Suburban
Last Updated: 3 years ago
Data Source: MRED, MLS# 11437542
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 2039 Sunset Drive built and last sold?
The property at 2039 Sunset Drive was built in 1952 and last sold on Jul 21, 2022 for $240,000.
How much is this home worth?
The estimated value of the home located at 2039 Sunset Drive is $0.
What are some comparable homes to 2039 Sunset Drive?
There are currently no comparable homes to 2039 Sunset Drive.
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