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Des Plaines 60018
2166 Laura Lane
$320,000
● House - Off Market

2166 Laura Lane

Des Plaines, IL 60018
bedrooms
2 Beds
bathrooms
1 Bath
square feet
792 Ft²
$2,094
Est. Monthly
6.18%
Cap Rate

About This Property

This is a great starter home in a prime location. 2 BR with one Bath. Full basement ready for your ideas. Brick ranch. Property in good condition. Close to Expressways, shopping, parks, and Restaurants. So much more. Seller prepped to put on market.   Cul Da Sac creates tranquility. Been in Family for 24 years.  2.5 car garage with new side drive. Nice size yard for future Family gatherings.
Unit Size
792 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$410
Property Type
House
Property Taxes
$498
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 28
  • Exterior Walls Type: 24
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,845
  • Total Building Area: 792
  • Gross Building Area: 792
  • Building Area: 792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 792
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOWN IMPROVEMENT CORP DESPLAINES
  • Land Acres: 0000000249
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (TOWN) (IMPROVEMENT) CORP (DESPLAINES) COUNTRYSIDE (U NIT2) SUB OF NW NE SEC 33-41-12

Neighborhood

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

Geography

  • District: 22
  • Parcel: 09-33-206-013-0000
  • Block: 5
  • Lot: 13
  • Meridian: SEC 33 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0078
  • Longitude: -87.8708

    Address

  • Full Address: 2166 Laura Ln
  • Address - House Number: 2166
  • Address - Street Name: Laura
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C030
  • 4-Digit Zip Code: 4086
  • Zip Code: 60018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $580,980
  • Tax Rate Code Area: 22017

    Appraisal Valuation

  • Standard Deviation: 0.2522
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 300,630
  • High Value: 376,457
  • Low Value: 224,803

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $81,340
  • Market Improvement Value: $178,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $8,134
  • Assessed Improvements Value: $17,866
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

1640 ft²

Average Home Age

52.3 years

Currently For Sale

110 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 1337 Henry Street, Des Plaines, IL, 60016

$2,150 /mo

  • 1 Bed
  • 1 Bath
  • 1,000 ft²
1337 Henry Street #CH, Des Plaines, IL, 60016 Listing by Amy Ruminski
Unit for rent at 2600 Windsor Mall, Park Ridge, IL, 60068

$2,350 /mo

  • 2 Beds
  • 2 Baths
2600 Windsor Mall #3E, Park Ridge, IL, 60068 Listing by William Wachowski

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jose Herrera, Northlake Realtors
Data Source: MRED, MLS# MRD12477210
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 2166 Laura Lane built and last sold?
The property at 2166 Laura Lane was built in 1954 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2166 Laura Lane is $0.
What are some comparable homes to 2166 Laura Lane?
There are currently no comparable homes to 2166 Laura Lane.
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