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Des Plaines 60018
2330 Cedar Street
$300,000
● House - Off Market

2330 Cedar Street

Des Plaines, IL 60018
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,209 Ft²
$1,832
Est. Monthly
7.87%
Cap Rate

About This Property

Check out this newly listed, well maintained 2 Bed/1Ba ranch. Front hall entry with rare storage closet. Large front living room with a separate dining room or home office with windows. Newer hardwoods ('11) throughout. Enjoy cooking in the executive chef inspired kitchen ('17) that includes an Island sink, separate sink, tons of upper/lower cabinets with the perfect "kitchen triangle."  Laundry/mudroom is perfect for leaving the days work and belongings at the door. Roof ('11) HW heater ('15) . Relax on the back patios while enjoying the HUGE backyard. Many possibilities for the backyard and detached garage w/attached studio. It's about the location. Easy access to all major expressways off Touhy Ave, shopping, outlet mall, public PACE bus, Metra, CTA blue line trains and O'Hare Airport.
Unit Size
1,209 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$236
Property Type
House
Property Taxes
$433
HOA Dues
-
Year Built
1955

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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

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • 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: 11,500
  • Lot Size Depth Feet: 2,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,031
  • Gross Building Area: 1,031
  • Building Area: 1,031
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,031
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 3
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORCHARD ESTATES
  • Land Acres: 0000000264
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (ORCHARD)(ESTATES) SUB OF W 8 ACS OF E 16 ACS OF SE S W SEC 28-41-12

Neighborhood

  • School District Name: Des Plaines Community Consolidated School District 62
  • Census Tract: 806502

Geography

  • District: 22
  • Parcel: 09-28-307-054-0000
  • Lot: 4
  • Meridian: SEC 28 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0113
  • Longitude: -87.8761

    Address

  • Full Address: 2330 Cedar St
  • Address - House Number: 2330
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C018
  • 4-Digit Zip Code: 3150
  • Zip Code: 60018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $503,813
  • Tax Rate Code Area: 22028

    Appraisal Valuation

  • Standard Deviation: 0.2458
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 299,732
  • High Value: 373,422
  • Low Value: 226,041

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $86,250
  • Market Improvement Value: $143,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $8,625
  • Assessed Improvements Value: $14,375

    Sales

  • Current Sale Contract Date: Dec 10, 2009
  • Current Sale Recording Date: Jan 21, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1002112100
  • Previous Sale Recording Date: Feb 22, 2005
  • Previous Sale Contract Date: Feb 15, 2005
  • Previous Sale Amount: $235,000
  • 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 Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1643 ft²

Average Home Age

53.8 years

Currently For Sale

108 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 891 E Grant Drive, Des Plaines, IL, 60016

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,003 ft²
891 E Grant Drive, Des Plaines, IL, 60016 Listing by Donna Plank

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Mercado, @properties Christie?s International Real Estate
Data Source: MRED, MLS# MRD12095772
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 2330 Cedar Street built and last sold?
The property at 2330 Cedar Street was built in 1955 and last sold on Dec 10, 2009 for $135,000.
How much is this home worth?
The estimated value of the home located at 2330 Cedar Street is $288,277.
What are some comparable homes to 2330 Cedar Street?
There are currently no comparable homes to 2330 Cedar Street.
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