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DeKalb 60115 Heritage Ridge
206 E Fairview Drive
$115,750
● House - Off Market

206 E Fairview Drive

DeKalb, IL 60115
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,544 Ft²
$802
Est. Monthly
28.54%
Cap Rate

About This Property

Potential charming 3-bed, 2-bath ranch-style home with incredible potential awaits your personal touch. A promising investment opportunity, this residence beckons with a blank canvas for you dream kitchen and bathrooms. Enjoy the allure of real hardwood floors in all bedrooms. Half of the windows are freshly installed, complemented by a newer roof. Conveniently located near IL-110, Parks, Sport Centers, & Schools. Schedule a showing today to make this house your home with a little bit of TLC!
Unit Size
1,544 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$58
Property Type
House
Property Taxes
$359
HOA Dues
-
Year Built
-

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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 #11948680)

Price History

Date / Event Date Event Price
Feb 2, 2024 Sold
Premium
Sold
Dec 18, 2023 Listed by Keller Williams Realty Signature $90,000
Listed by Keller Williams Realty Signature

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: QUITNO SUBDIVISION
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 4 - BLK 4 - CLARENCE N QUITNO SUBDIVISION

Neighborhood

  • School District Name: DeKalb Community Unit School District 428
  • Census Tract: 001400

Zoning

  • Zoning: RC2

Geography

  • Account Number: 0834201003
  • District: DK
  • Parcel: 08-34-201-003
  • Block: 4
  • Lot: 4
  • Municipality: DEKALB
  • Latitude: 41.907
  • Longitude: -88.7624

    Address

  • Full Address: 206 E Fairview Dr
  • Address - House Number: 206
  • Street Direction: E
  • Address - Street Name: Fairview
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Dekalb
  • Carrier Code: R005
  • 4-Digit Zip Code: 8672
  • Zip Code: 60115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $431,038
  • Tax Rate Code Area: DK12

    Appraisal Valuation

  • Standard Deviation: 0.138
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 225,896
  • High Value: 257,085
  • Low Value: 194,707

    Market Valuation

  • Market Total Value: $176,301
  • Market Land Value: $29,847
  • Market Improvement Value: $146,454

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,767
  • Assessed Land Value: $9,949
  • Assessed Improvements Value: $48,818

    Sales

  • Current Sale Contract Date: Jan 12, 2024
  • Current Sale Recording Date: Feb 13, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1055
  • Previous Sale Recording Date: Jan 09, 2024
  • Previous Sale Contract Date: Jul 21, 2023
  • Previous Sale Amount: $23,500
  • Previous Sale Document Type: 27
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 Heritage Ridge

Stats & Trends

Median Asking:

$327,500

Sale Price/ft²

$167

Above Asking

0.00%

Average Days on Market

48

Average Home Size

2240 ft²

Average Home Age

33.3 years

Currently For Sale

0 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 928 State Street, DeKalb, IL, 60115

$1,150 /mo

  • 2 Beds
  • 1 Bath
  • 600 ft²
928 State Street #2, DeKalb, IL, 60115 Listing by Ashley Ratliff
Unit for rent at 217 S 3rd Street, DeKalb, IL, 60115

$1,200 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
217 S 3rd Street #3, DeKalb, IL, 60115 Listing by Kenneth Carn

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Fidel Batres, Keller Williams Realty Signature
Last Updated: 3 years ago
Data Source: MRED, MLS# 11948680
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 206 East Fairview Drive built and last sold?
The property at 206 East Fairview Drive was built in and last sold on Jan 12, 2024 for $116,000.
How much is this home worth?
The estimated value of the home located at 206 East Fairview Drive is $0.
What are some comparable homes to 206 East Fairview Drive?
There are currently no comparable homes to 206 East Fairview Drive.
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