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Bensenville 60106
222 Grace Street
$225,000
● House - Off Market

222 Grace Street

Bensenville, IL 60106
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,008 Ft²
$286,110
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Lovely Ranch Home. Set your maintenance worries aside: New roof last year, New Furnace & Air Conditioner this year! All Stainless Steel Appliances in the kitchen. New Refrigerator, stylish ceramic tiles and a garden window for your herbs or flowers! New back screen door leads to a spacious fenced yard. The backyard shed offers plenty of storage and has a new roof. The kids have a swing set to play and you have a fire pit to enjoy! Mature trees with landscaped bushes and flowers give you a terrific setting. All fenced in to make a perfect and private space.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$248
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
1953

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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 #11117181)

Price History

Date / Event Date Event Price
Aug 5, 2021 Sold
Premium
Sold
Jun 9, 2021 Listed by Dawn Chimienti $250,000
Listed by Dawn Chimienti

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 2
  • 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: 7
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 157
  • Lot Size Frontage Feet: 50
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 3
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOPKINS ADD BENSENVILLE
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: SOPKINS ADD BENSENVILLE

Neighborhood

  • School District Name: Bensenville School District 2
  • School Tax School District: BENSENVILLE 2
  • Census Tract: 840801

Zoning

  • Zoning: R

Geography

  • Parcel: 03-13-319-014
  • Lot: 20
  • Municipality: ADDISON
  • Latitude: 41.9524
  • Longitude: -87.9356

    Address

  • Full Address: 222 Grace St
  • Address - House Number: 222
  • Address - Street Name: Grace
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bensenville
  • Carrier Code: C016
  • 4-Digit Zip Code: 2510
  • Zip Code: 60106

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $476,396
  • Tax Rate Code Area: 3015

    Appraisal Valuation

  • Standard Deviation: 0.2328
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 258,759
  • High Value: 319,017
  • Low Value: 198,501

    Market Valuation

  • Market Total Value: $175,110
  • Market Land Value: $89,610
  • Market Improvement Value: $85,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,370
  • Assessed Land Value: $29,870
  • Assessed Improvements Value: $28,500

    Sales

  • Current Sale Contract Date: Aug 04, 2021
  • Current Sale Recording Date: Sep 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021-133685
  • Previous Sale Recording Date: Aug 06, 2015
  • Previous Sale Contract Date: Jun 22, 2015
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: 71

    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 Bensenville

Stats & Trends

Median Asking:

$329,950

Sale Price/ft²

$208

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1236 ft²

Average Home Age

58 years

Currently For Sale

13 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 952 N Virginia Lane, Elmhurst, IL, 60126

$2,700 /mo

  • 3 Beds
  • 1 Bath
  • 1,249 ft²
952 N Virginia Lane, Elmhurst, IL, 60126 Listing by Mario Cisneros

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dawn Chimienti, Dawn Chimienti
Last Updated: 3 years ago
Data Source: MRED, MLS# 11117181
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 222 Grace Street built and last sold?
The property at 222 Grace Street was built in 1953 and last sold on Aug 4, 2021 for $225,000.
How much is this home worth?
The estimated value of the home located at 222 Grace Street is $254,125.
What are some comparable homes to 222 Grace Street?
There are currently no comparable homes to 222 Grace Street.
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