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Addison 60101
248 E Normandy Drive
$302,000
● House - Off Market

248 E Normandy Drive

Addison, IL 60101
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$273,977
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Brick ranch exceptionally maintained w/full finished basement! Updated kitchen w/white cabinets and ss appliances,  roof approx less than 10 years, ac and furnace approx 3-5 years, hardwood under all carpet on main floor, first floor bathroom updated, newer concrete drive and garage door and opener, new fence in great back yard! Home is in trust and sold as is
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$250
Property Type
House
Property Taxes
$387
HOA Dues
-
Year Built
1956

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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 #11877029)

Price History

Date / Event Date Event Price
Oct 12, 2023 Sold
Premium
Sold
Sep 5, 2023 Listed by RE/MAX Destiny $275,000
Listed by RE/MAX Destiny

Property Highlights

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 9
  • Basement Area: 1,080
  • Garage Type: 4
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 114
  • Lot Size Frontage Feet: 61
  • Total Building Area: 2,160
  • Gross Building Area: 2,160
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORMANDY MANOR SUB
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: NORMANDY MANOR SUB UNIT NO 2

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 846701

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2971-A5
  • Parcel: 03-28-408-033
  • Lot: 153
  • Municipality: ADDISON
  • Latitude: 41.9247
  • Longitude: -87.9825

    Address

  • Full Address: 248 E Normandy Dr
  • Legal Unit: 2
  • Address - House Number: 248
  • Street Direction: E
  • Address - Street Name: Normandy
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Addison
  • Carrier Code: C002
  • 4-Digit Zip Code: 3920
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $464,578
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1741
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 303,303
  • High Value: 356,122
  • Low Value: 250,484

    Market Valuation

  • Market Total Value: $222,240
  • Market Land Value: $96,660
  • Market Improvement Value: $125,580

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,080
  • Assessed Land Value: $32,220
  • Assessed Improvements Value: $41,860

    Sales

  • Current Sale Contract Date: Oct 11, 2023
  • Current Sale Recording Date: Oct 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 66531
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:

$399,950

Sale Price/ft²

$222

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1979 ft²

Average Home Age

37.8 years

Currently For Sale

46 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 500 N Westwood Avenue, Lombard, IL, 60148

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,436 ft²
500 N Westwood Avenue, Lombard, IL, 60148 Listing by Lizbeth Gonzalez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Angela Corcione, RE/MAX Destiny
Last Updated: 3 years ago
Data Source: MRED, MLS# 11877029
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 248 East Normandy Drive built and last sold?
The property at 248 East Normandy Drive was built in 1956 and last sold on Oct 11, 2023 for $302,000.
How much is this home worth?
The estimated value of the home located at 248 East Normandy Drive is $0.
What are some comparable homes to 248 East Normandy Drive?
There are currently no comparable homes to 248 East Normandy Drive.
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