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Lombard 60148
211 Collen Drive
$335,000
● House - Off Market

211 Collen Drive

Lombard, IL 60148
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,560 Ft²
$2,124
Est. Monthly
8.39%
Cap Rate

About This Property

Easy living awaits you in this open floor plan ranch home. Large Living Room flows into the Dining Room for entertaining. Kitchen features 42 inch cabinets and a built in Microwave. Breakfast Area has a sliding Glass door leading to the patio. Family Room is open to the Kitchen and Breakfast Room. Large Master Bedroom has a private bath. Walk in closet off of the hallway for extra storage. Maintenance free exterior with clad trim. Furnace replaced in 2020,  Water Heater in 2012, Roof 2008, Radon Mitigation 2020. Nice location close to schools and shopping.
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$205
Property Type
House
Property Taxes
$552
HOA Dues
-
Year Built
1966

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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 #11939002)

Price History

Date / Event Date Event Price
Jan 4, 2024 Sold
Premium
Sold
Dec 5, 2023 Listed by Charles Rutenberg Realty $319,900
Listed by Charles Rutenberg Realty
Oct 6, 2021 No longer available -
No longer available
Oct 9, 2020 In contract -
In contract
Oct 7, 2020 Relisted $284,500
Relisted
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 125
  • Lot Size Frontage Feet: 68
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MELODY LANE ESTATES
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: MELODY LANE ESTATES UNIT 1

Neighborhood

  • School District Name: Lombard School District 44
  • School Tax School District: LOMBARD
  • Census Tract: 844304

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3084-B1
  • Parcel: 06-19-205-002
  • Lot: 48
  • Municipality: YORK
  • Latitude: 41.8558
  • Longitude: -88.0199

    Address

  • Full Address: 211 Collen Dr
  • Legal Unit: 1
  • Address - House Number: 211
  • Address - Street Name: Collen
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lombard
  • Carrier Code: C030
  • 4-Digit Zip Code: 4410
  • Zip Code: 60148

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $662,954
  • Tax Rate Code Area: 6011

    Appraisal Valuation

  • Standard Deviation: 0.1567
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 350,212
  • High Value: 405,096
  • Low Value: 295,329

    Market Valuation

  • Market Total Value: $282,240
  • Market Land Value: $80,700
  • Market Improvement Value: $201,540

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $94,080
  • Assessed Land Value: $26,900
  • Assessed Improvements Value: $67,180

    Sales

  • Current Sale Contract Date: Jan 03, 2024
  • Current Sale Recording Date: Jan 04, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 670
  • Previous Sale Recording Date: Oct 20, 2020
  • Previous Sale Contract Date: Oct 12, 2020
  • Previous Sale Amount: $277,500
  • 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 Lombard

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$248

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1709 ft²

Average Home Age

48.8 years

Currently For Sale

94 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 105 W Saint Charles Road, Lombard, IL, 60148

$2,450 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
105 W Saint Charles Road #201, Lombard, IL, 60148 Listing by Adrienne Bolstad

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Maxine Dugar, Charles Rutenberg Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11939002
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 211 Collen Drive built and last sold?
The property at 211 Collen Drive was built in 1966 and last sold on Jan 3, 2024 for $335,000.
How much is this home worth?
The estimated value of the home located at 211 Collen Drive is $0.
What are some comparable homes to 211 Collen Drive?
There are currently no comparable homes to 211 Collen Drive.
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