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Darien 60561
2220 Hamilton Lane
$347,500
● House - Off Market

2220 Hamilton Lane

Darien, IL 60561
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,120 Ft²
$396,978
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Gallagher-Henry's split level with finished sub-basement in Farmingdale Ridge subdivision. Clean, freshly painted & ready for occupancy. Fenced backyard, bathrooms updated. Furnace-2019,CAC-2021, Roof- 2015, some stainless steel kitchen appliances. Upper level bathroom has access door to master's bedroom.Close to shopping, top performing schools are nearby, golf courses, forest preserves with bike trails. Easy access to freeways, leading to interstate and O'Hare/ Midway airports, quick ride to Metra train for easy commute to Chicago downtown, & to best mall shopping in Oak Brook  & Promenade.
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$335
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1985

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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.

Last updated: 3 years ago (MRED MLS #11690001)

Price History

Date / Event Date Event Price
Jan 31, 2023 Sold
Premium
Sold
Dec 19, 2022 Listed by RE/MAX Enterprises $375,000
Listed by RE/MAX Enterprises

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,066
  • Garage Type: 7
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 780
  • Total Building Area: 2,176
  • Gross Building Area: 2,176
  • Building Area: 1,110
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,110
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GALLAGHER & HENRYS FARMINGDALE RIDGE
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: GALLAGHER & HENRYS FARMINGDALE RIDGE UNIT NO 1 ALL

Neighborhood

  • School District Name: Center Cass School District 66
  • School Tax School District: DARIEN-WOODRIDG
  • Census Tract: 845802

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3206-D2
  • Parcel: 09-29-404-022
  • Lot: 70
  • Municipality: DOWNERS GROVE
  • Latitude: 41.747
  • Longitude: -87.9992

    Address

  • Full Address: 2220 Hamilton Ln
  • Legal Unit: 1
  • Address - House Number: 2220
  • Address - Street Name: Hamilton
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Darien
  • Carrier Code: C032
  • 4-Digit Zip Code: 4347
  • Zip Code: 60561

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $621,446
  • Tax Rate Code Area: 9083

    Appraisal Valuation

  • Standard Deviation: 0.1686
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 376,389
  • High Value: 439,865
  • Low Value: 312,913

    Market Valuation

  • Market Total Value: $316,200
  • Market Land Value: $132,210
  • Market Improvement Value: $183,990

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $105,400
  • Assessed Land Value: $44,070
  • Assessed Improvements Value: $61,330

    Sales

  • Current Sale Contract Date: Jan 24, 2023
  • Current Sale Recording Date: Feb 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 6461
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 Darien

Stats & Trends

Median Asking:

$462,500

Sale Price/ft²

$249

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2341 ft²

Average Home Age

44.7 years

Currently For Sale

57 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 121 Hampton Avenue, Westmont, IL, 60559

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,850 ft²
121 Hampton Avenue, Westmont, IL, 60559 Listing by Vatsal Doshi
Unit for rent at 6536 S Ridge Road, Westmont, IL, 60559

$2,950 /mo

  • 3 Beds
  • 1 Bath
  • 2,364 ft²
6536 S Ridge Road, Westmont, IL, 60559 Listing by Marie DiCosola

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Gloria Palisoc, RE/MAX Enterprises
Last Updated: 3 years ago
Data Source: MRED, MLS# 11690001
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 2220 Hamilton Lane built and last sold?
The property at 2220 Hamilton Lane was built in 1985 and last sold on Jan 24, 2023 for $347,500.
How much is this home worth?
The estimated value of the home located at 2220 Hamilton Lane is $371,141.
What are some comparable homes to 2220 Hamilton Lane?
There are currently no comparable homes to 2220 Hamilton Lane.
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