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Des Plaines 60018
2049 Nimitz Drive
$290,000
● House - Off Market

2049 Nimitz Drive

Des Plaines, IL 60018
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$306,811
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Welcome to this well-located 4 bedroom home situated on a huge 48' x 166' lot in Orchard Place Elementary School District! This spacious home offers 3 bedrooms, a full bath and living room upstairs (hardwood floors under the carpet); Light and bright lower level features open floor plan with an oak cabinet kitchen, large eating area, family room, 4th bedroom, half bath, utility room and direct access to the 1 Car attached garage; Huge backyard with a patio; Roof, Siding and Gutters approx. 10 years old; HW heater replaced 2019; Terrific value!  Don't miss this one; Property being sold in "as-is" condition
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1962

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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 #11617001)

Price History

Date / Event Date Event Price
Sep 29, 2022 Sold
Premium
Sold
Aug 30, 2022 Listed by Coldwell Banker Realty $295,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,016
  • Total Building Area: 833
  • Gross Building Area: 833
  • Building Area: 833
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 833
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOWN IMPROVEMENT CORP DESPLAINES COUNTRY
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (TOWN) (IMPROVEMENT) CORP (DESPLAINES) (COUNTRYSIDE) SUB IN WH SE SEC 33-41-12

Neighborhood

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

Geography

  • District: 22
  • Parcel: 09-33-402-041-0000
  • Block: 6
  • Lot: 6
  • Meridian: SEC 33 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0005
  • Longitude: -87.8735

    Address

  • Full Address: 2049 Nimitz Dr
  • Address - House Number: 2049
  • Address - Street Name: Nimitz
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C043
  • 4-Digit Zip Code: 4049
  • Zip Code: 60018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $405,664
  • Tax Rate Code Area: 22017

    Appraisal Valuation

  • Standard Deviation: 0.2313
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 285,877
  • High Value: 352,028
  • Low Value: 219,727

    Market Valuation

  • Market Total Value: $219,220
  • Market Land Value: $60,120
  • Market Improvement Value: $159,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,922
  • Assessed Land Value: $6,012
  • Assessed Improvements Value: $15,910

    Sales

  • Current Sale Contract Date: Sep 21, 2022
  • Current Sale Recording Date: Oct 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 40011
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

1622 ft²

Average Home Age

51.7 years

Currently For Sale

108 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 1419 E Lincoln Avenue, Des Plaines, IL, 60018

$3,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,456 ft²
1419 E Lincoln Avenue, Des Plaines, IL, 60018 Listing by Sam Elddine
Unit for rent at 203 S Lincoln Avenue, Park Ridge, IL, 60068

$4,200 /mo

  • 3 Beds
  • 1 Bath
  • 2,146 ft²
203 S Lincoln Avenue, Park Ridge, IL, 60068 Listing by Jocelyn McGovern

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jill McKee, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11617001
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 2049 Nimitz Drive built and last sold?
The property at 2049 Nimitz Drive was built in 1962 and last sold on Sep 21, 2022 for $290,000.
How much is this home worth?
The estimated value of the home located at 2049 Nimitz Drive is $0.
What are some comparable homes to 2049 Nimitz Drive?
There are currently no comparable homes to 2049 Nimitz Drive.
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