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Addison 60101
2159 W Silverleaf Lane
$347,000
● House - Off Market

2159 W Silverleaf Lane

ADDISON, IL 60101
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,584 Ft²
$575,071
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

WOW! BRAND NEW BEAUTIFUL REHAB! SHOWS LIKE A MODEL HOME! STUNNING POUND VIEW! COMPLETE NEW RENOVATION FROM TOP TO BOTTOM w/HIGHEST QUALITY CUSTOM FINISHES ALONG w/ELEGANT, AIRY FLOOR PLAN. OVER 2584 SQ FT OF LIVING SPACE. GORGEOUS KITCHEN w/42" CABINETS, GRANITE COUNTERS AND TOP OF THE LINE STAINLESS STEEL APPLIANCES, GLASS BACK-SPLASH! NEW CUSTOM BATHROOMS, HARDWOOD FLOORS, CARPET, DECORATIVE MILL-WORK, FRESH PAINT. LOTS OF STORAGE SPACE. HUGE BASEMENT. SUCH ATTENTION TO DETAILS! PERFECT 10!
Unit Size
2,584 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$135
Property Type
House
Property Taxes
$998
HOA Dues
$81
Year Built
2005

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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 #09392926)

Price History

Date / Event Date Event Price
Mar 10, 2017 Sold
Premium
Sold
Nov 21, 2016 Listed by House Plus Realty $349,000
Listed by House Plus Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 18
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,301
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 3,885
  • Gross Building Area: 3,885
  • Building Area: 2,584
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 0
  • Heated Square Feet: 2,584
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVERLEAF SUB
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: SILVERLEAF SUB ALL

Neighborhood

  • School District Name: Marquardt School District 15
  • School Tax School District: ADDISON
  • Census Tract: 840907

Zoning

  • Zoning: R

Geography

  • Parcel: 02-24-303-010
  • Lot: 21
  • Municipality: BLOOMINGDALE
  • Latitude: 41.9372
  • Longitude: -88.0448

    Address

  • Full Address: 2159 W Silverleaf Ln
  • Address - House Number: 2159
  • Street Direction: W
  • Address - Street Name: Silverleaf
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Addison
  • Carrier Code: R002
  • 4-Digit Zip Code: 6404
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,400,022
  • Tax Rate Code Area: 2056

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 516,882
  • High Value: 598,129
  • Low Value: 435,635

    Market Valuation

  • Market Total Value: $421,410
  • Market Land Value: $127,230
  • Market Improvement Value: $294,180

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $140,470
  • Assessed Land Value: $42,410
  • Assessed Improvements Value: $98,060

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 10, 2017
  • Current Sale Recording Date: Mar 14, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2017-025093
  • Previous Sale Recording Date: Feb 25, 2016
  • Previous Sale Contract Date: Nov 27, 2015
  • Previous Sale Amount: $227,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: FIX
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 Addison

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$222

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1958 ft²

Average Home Age

38.5 years

Currently For Sale

47 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 207 Downing Drive, Bloomingdale, IL, 60108

$3,400 /mo

  • 4 Beds
  • 2 Baths
  • 2,571 ft²
207 Downing Drive, Bloomingdale, IL, 60108 Listing by Michael Spejcher
Unit for rent at 1462 Glen Ellyn Road, Glendale Heights, IL, 60139

$3,400 /mo

  • 4 Beds
  • 2 Baths
  • 2,656 ft²
1462 Glen Ellyn Road, Glendale Heights, IL, 60139 Listing by Jelena Grimaldi

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , House Plus Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 09392926
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 2159 West Silverleaf Lane built and last sold?
The property at 2159 West Silverleaf Lane was built in 2005 and last sold on Mar 10, 2017 for $347,000.
How much is this home worth?
The estimated value of the home located at 2159 West Silverleaf Lane is $0.
What are some comparable homes to 2159 West Silverleaf Lane?
There are currently no comparable homes to 2159 West Silverleaf Lane.
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