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Bartlett 60103
240 Westridge Boulevard
$306,000
● House - Off Market

240 Westridge Boulevard

Bartlett, IL 60103
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,593 Ft²
$301,507
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Bring your best plans and ideas and make this house your Home! This 3 bedroom, 2.1 bath, Two-Story Home in Westridge Subdivision has many nice features including: large back yard, brick patio, large eat-in kitchen, formal dining room, 2 story entry foyer, and full basement. Located only a short walk from Nature Ridge Elementary School, Westridge Park and Phillip State Park.  Seller will not review offers until the 8th day the home is in MLS.  Seller disclosures are available as a download in the MLS.  ***To help visualize this home's floorplan, and to highlight its potential, virtual furnishings may have been added to photos found in this listing.
Unit Size
1,593 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$182
Property Type
House
Property Taxes
$768
HOA Dues
$7
Year Built
1994

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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 #11612272)

Price History

Date / Event Date Event Price
Sep 30, 2022 Sold
Premium
Sold
Aug 23, 2022 Listed by Regional Realty Group $289,900
Listed by Regional Realty Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,653
  • Total Building Area: 1,593
  • Gross Building Area: 1,593
  • Building Area: 1,593
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,593
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTRIDGE BARTLETT UNIT 01
  • Land Acres: 0000000268
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-07

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804514

Geography

  • District: 18
  • Parcel: 06-31-302-024-0000
  • Lot: 24
  • Meridian: SEC 31 TWN 41N RNG 9E
  • Municipality: HANOVER
  • Latitude: 41.9893
  • Longitude: -88.2584

    Address

  • Full Address: 240 Westridge Blvd
  • Address - House Number: 240
  • Address - Street Name: Westridge
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Bartlett
  • Carrier Code: R021
  • 4-Digit Zip Code: 1347
  • Zip Code: 60103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $966,318
  • Tax Rate Code Area: 18085

    Appraisal Valuation

  • Standard Deviation: 0.2206
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 363,641
  • High Value: 443,878
  • Low Value: 283,405

    Market Valuation

  • Market Total Value: $310,000
  • Market Land Value: $99,050
  • Market Improvement Value: $210,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,000
  • Assessed Land Value: $9,905
  • Assessed Improvements Value: $21,095

    Sales

  • Current Sale Contract Date: Sep 28, 2022
  • Current Sale Recording Date: Oct 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 8165
  • Previous Sale Recording Date: Jan 26, 2017
  • Previous Sale Contract Date: Jan 24, 2017
  • Previous Sale Amount: $228,000
  • 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 Bartlett

Stats & Trends

Median Asking:

$419,900

Sale Price/ft²

$231

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1974 ft²

Average Home Age

26 years

Currently For Sale

65 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 1641 Deer Pointe Drive, South Elgin, IL, 60177

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,175 ft²
1641 Deer Pointe Drive, South Elgin, IL, 60177 Listing by Gary Braaten
Unit for rent at 1024 Moraine Drive, South Elgin, IL, 60177

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,840 ft²
1024 Moraine Drive, South Elgin, IL, 60177 Listing by Moin Haque

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: James Conway, Regional Realty Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11612272
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 240 Westridge Boulevard built and last sold?
The property at 240 Westridge Boulevard was built in 1994 and last sold on Sep 28, 2022 for $306,000.
How much is this home worth?
The estimated value of the home located at 240 Westridge Boulevard is $0.
What are some comparable homes to 240 Westridge Boulevard?
There are currently no comparable homes to 240 Westridge Boulevard.
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