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West Chicago 60185
238 Hemlock Lane
$307,000
● House - Off Market

238 Hemlock Lane

WEST CHICAGO, IL 60185
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,602 Ft²
$543,019
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Huge house on Premium lot across from pond & park.  2 story foyer with dual stairway to 2nd floor, private dining room w/columns, spacious family room w/beautiful windows & warm fireplace. First flr den. Dramatic eat-in kitchen w/island, breakfast bar! Huge master suite with double walk-in closets and luxury bath.  Full basement w/rough-in for bath. 3 car garage.
Unit Size
3,602 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$89
Property Type
House
Property Taxes
$1,009
HOA Dues
$18
Year Built
2005

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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 #09201224)

Price History

Date / Event Date Event Price
Jun 28, 2016 Sold
Premium
Sold
Apr 19, 2016 Listed by Coldwell Banker Real Estate Group $319,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Full Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,602
  • Building Area: 3,602
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 3,602
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRESTONFIELD UNIT 3
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: PRESTONFIELD UNIT 3 ALL

Neighborhood

  • School District Name: West Chicago School District 33
  • School Tax School District: WEST CHICAGO
  • Census Tract: 841312

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3022-C1
  • Parcel: 01-33-208-026
  • Lot: 152
  • Municipality: WAYNE
  • Latitude: 41.9084
  • Longitude: -88.2103

    Address

  • Full Address: 238 Hemlock Ln
  • Legal Unit: 3
  • Address - House Number: 238
  • Address - Street Name: Hemlock
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: West Chicago
  • Carrier Code: R007
  • 4-Digit Zip Code: 5975
  • Zip Code: 60185

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,272,620
  • Tax Rate Code Area: 1007

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 549,910
  • High Value: 644,120
  • Low Value: 455,700

    Market Valuation

  • Market Total Value: $423,900
  • Market Land Value: $100,830
  • Market Improvement Value: $323,070

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $141,300
  • Assessed Land Value: $33,610
  • Assessed Improvements Value: $107,690

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 18, 2010
  • Current Sale Recording Date: Jul 08, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: R2016-069679
  • Previous Sale Recording Date: Oct 19, 2015
  • Previous Sale Contract Date: Sep 29, 2015
  • Previous Sale Document Type: 64

    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 West Chicago

Stats & Trends

Median Asking:

$384,450

Sale Price/ft²

$225

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2375 ft²

Average Home Age

49.9 years

Currently For Sale

16 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

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MRED

Listed by: Kenneth Swindell, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 09201224
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 238 Hemlock Lane built and last sold?
The property at 238 Hemlock Lane was built in 2005 and last sold on May 18, 2010 for $307,000.
How much is this home worth?
The estimated value of the home located at 238 Hemlock Lane is $0.
What are some comparable homes to 238 Hemlock Lane?
There are currently no comparable homes to 238 Hemlock Lane.
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