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Addison 60101
237 W Army Trail Boulevard
$275,000
● House - Off Market

237 W Army Trail Boulevard

Addison, IL 60101
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,200 Ft²
$1,692
Est. Monthly
10.78%
Cap Rate

About This Property

*Highest and Best due Sunday 4/21 at 7 PM* Bright and move-in ready with original mid century details! Refreshed and ready to move right in. Beautiful front windows the living room let in tons of natural light. Kitchen features new flooring (April 2024) and space for a table. Three spacious bedrooms offer good storage space. Outside you'll find a beautiful yard for outdoor entertaining and play. The detached garage with new electrical offers additional storage space. New washer/dryer (2019). Newer exterior doors and storm doors (2019) & new garage door (January 2024). New 100 amp service (fall 2023). Amazing location near schools, shopping and restaurants. All you need to do is move in!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$217
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
1956

Payment Calculator

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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 #12029803)

Price History

Date / Event Date Event Price
May 31, 2024 Sold
Premium
Sold
Apr 19, 2024 Listed by Redfin Corporation $260,000
Listed by Redfin Corporation

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • 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: 4
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 135
  • Lot Size Frontage Feet: 55
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHVIEW SUB
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: HIGHVIEW SUB UNIT NO 1

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 846603

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2970-E4
  • Parcel: 03-28-104-003
  • Block: 2
  • Lot: 18
  • Municipality: ADDISON
  • Latitude: 41.9314
  • Longitude: -87.9954

    Address

  • Full Address: 237 W Army Trail Blvd
  • Legal Unit: 1
  • Address - House Number: 237
  • Street Direction: W
  • Address - Street Name: Army Trail
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Addison
  • Carrier Code: C033
  • 4-Digit Zip Code: 3504
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $497,648
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1654
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 277,698
  • High Value: 323,654
  • Low Value: 231,742

    Market Valuation

  • Market Total Value: $220,710
  • Market Land Value: $97,620
  • Market Improvement Value: $123,090

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $73,570
  • Assessed Land Value: $32,540
  • Assessed Improvements Value: $41,030

    Sales

  • Current Sale Contract Date: Nov 22, 2019
  • Current Sale Recording Date: Nov 25, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2019-109675

    Financing

  • First Mortgage Financing Type: UNK
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:

$401,266

Sale Price/ft²

$222

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1974 ft²

Average Home Age

38.8 years

Currently For Sale

43 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

Rentals Near You

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MRED

Listed by: Ashley Arzer, Redfin Corporation
Last Updated: 3 years ago
Data Source: MRED, MLS# 12029803
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 237 West Army Trail Boulevard built and last sold?
The property at 237 West Army Trail Boulevard was built in 1956 and last sold on Nov 22, 2019 for $200,000.
How much is this home worth?
The estimated value of the home located at 237 West Army Trail Boulevard is $0.
What are some comparable homes to 237 West Army Trail Boulevard?
There are currently no comparable homes to 237 West Army Trail Boulevard.
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