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Bloomingdale 60108
204 Downing Drive
$305,000
● House - Off Market

204 Downing Drive

Bloomingdale, IL 60108
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,938 Ft²
$346,236
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

AGGRESSIVRLY PRICED 4 BEDROOM SOMERSET MODEL IDEAL LOCATION JUST BLOCKS AWAY FROM HIGHLY RATED DISTRICT 13 G-SCHOOL, MIDDLE SCHOOL AND JOHNSTON PARK DISTRICT. BEAUTIFUL KITCHEN CABINETS WITH CERAMIC TILE FLOORING AND BREAKFAST AREA. SPACIOUS FAMILY ROOM WITH LAMINATE FLOORING LEADING TO A SPACIOUS BACK YARD AND PATIO AREA FOR SUMMER RELAXATION. 4 GENEROUS SIZE BEDROOMS. ENTERTAINMENT CENTER TO STAY IN FR. FURNACE REPLACED 2013, CAC 2017, WH 2014, MOST WINDOWS AND SLIDING GLASS DOOR HAVE BEEN UPDATED. TEAR OFF ROOF APPROXIMATELY 10 YEARS OLD.  FENCED YARD PLUS SO MUCH MORE! OUTSTANDING OPPORTUNITY IN WESTLAKE SUBDIVISION.
Unit Size
1,938 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$157
Property Type
House
Property Taxes
$585
HOA Dues
-
Year Built
1971

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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 #11160462)

Price History

Date / Event Date Event Price
Sep 22, 2021 Sold
Premium
Sold
Jul 19, 2021 Listed by RE/MAX Central Inc. $305,000
Listed by RE/MAX Central Inc.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 18
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,938
  • Gross Building Area: 1,938
  • Building Area: 1,938
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 0
  • Heated Square Feet: 1,938
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTLAKE
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: WESTLAKE UNIT #3

Neighborhood

  • School District Name: Bloomingdale School District 13
  • School Tax School District: BLOOMINGDALE
  • Census Tract: 841110

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2969-B2
  • Parcel: 02-14-308-034
  • Block: 9
  • Lot: 41
  • Municipality: BLOOMINGDALE
  • Latitude: 41.9484
  • Longitude: -88.07

    Address

  • Full Address: 204 Downing Dr
  • Legal Unit: 3
  • Address - House Number: 204
  • Address - Street Name: Downing
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bloomingdale
  • Carrier Code: C007
  • 4-Digit Zip Code: 1716
  • Zip Code: 60108

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $723,334
  • Tax Rate Code Area: 2018

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 383,084
  • High Value: 447,983
  • Low Value: 318,184

    Market Valuation

  • Market Total Value: $314,100
  • Market Land Value: $94,860
  • Market Improvement Value: $219,240

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $104,700
  • Assessed Land Value: $31,620
  • Assessed Improvements Value: $73,080

    Sales

  • Current Sale Contract Date: Sep 22, 2021
  • Current Sale Recording Date: Sep 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021-143139
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 Bloomingdale

Stats & Trends

Median Asking:

$402,500

Sale Price/ft²

$231

Below Asking

0.01%

Average Days on Market

38

Average Home Size

2197 ft²

Average Home Age

40 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 136 Appleby Drive, Glendale Heights, IL, 60139

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,700 ft²
136 Appleby Drive, Glendale Heights, IL, 60139 Listing by Qudsia Siddiqui
Unit for rent at 2225 Waters Edge Drive, Schaumburg, IL, 60173

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,827 ft²
2225 Waters Edge Drive, Schaumburg, IL, 60173 Listing by Marla Kubik

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Spejcher, RE/MAX Central Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11160462
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 204 Downing Drive built and last sold?
The property at 204 Downing Drive was built in 1971 and last sold on Sep 22, 2021 for $305,000.
How much is this home worth?
The estimated value of the home located at 204 Downing Drive is $0.
What are some comparable homes to 204 Downing Drive?
There are currently no comparable homes to 204 Downing Drive.
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