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Flossmoor 60422
2546 Wallace Drive
$289,000
● House - Off Market

2546 Wallace Drive

Flossmoor, IL 60422
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,154 Ft²
$383,069
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Now available 4 bed 3 full bath immaculate Flossmoor home. Large kitchen with granite counters, s/s appliances, and large island. Family room with functional built-ins and vaulted ceiling. Master suite on main level with attached full bath. Lower level look-out finished basement with ample amounts of storage with full bath. Could be used as another bedroom or office. Backyard offers plenty of room for either entertaining or play for children. Walking distance to almost everything. Make an appointment today.
Unit Size
2,154 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$134
Property Type
House
Property Taxes
$911
HOA Dues
-
Year Built
1949

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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 #10862744)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Nov 9, 2020 Sold
Premium
Sold
Sep 18, 2020 Listed by Keller Williams Preferred Rlty $289,000
Listed by Keller Williams Preferred Rlty
Jul 14, 2020 In contract -
In contract
Jul 8, 2020 Price Decreased $289,000
↓ $10K (3.3%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 11
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,480
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,154
  • Gross Building Area: 2,154
  • Building Area: 2,154
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,154
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUBDIVISION OF 91.76ACS OF PT SE SEC 0
  • Land Acres: 0000000401
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04
  • Legal Description 1: (SUBDIVISION) OF 91.76ACS OF PT SE SEC 01-35-13

Neighborhood

  • School District Name: Homewood-Flossmoor Community High School District 233
  • Census Tract: 829800

Geography

  • District: 32
  • Parcel: 31-01-414-009-0000
  • Block: 2
  • Lot: 1
  • Meridian: SEC 01 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5466
  • Longitude: -87.6792

    Address

  • Full Address: 2546 Wallace Dr
  • Address - House Number: 2546
  • Address - Street Name: Wallace
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Flossmoor
  • Carrier Code: C002
  • 4-Digit Zip Code: 1243
  • Zip Code: 60422

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $815,281
  • Tax Rate Code Area: 32012

    Appraisal Valuation

  • Standard Deviation: 0.2076
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 356,882
  • High Value: 430,999
  • Low Value: 282,765

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $96,140
  • Market Improvement Value: $253,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $9,614
  • Assessed Improvements Value: $25,386

    Sales

  • Current Sale Contract Date: Nov 06, 2020
  • Current Sale Recording Date: Jan 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2102506136
  • Previous Sale Recording Date: Aug 22, 2011
  • Previous Sale Contract Date: Jul 11, 2011
  • Previous Sale Amount: $169,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Flossmoor

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$151

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2111 ft²

Average Home Age

58.5 years

Currently For Sale

28 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 18549 Dundee Avenue, Homewood, IL, 60430

$2,395 /mo

  • 3 Beds
  • 2 Baths
  • 1,399 ft²
18549 Dundee Avenue, Homewood, IL, 60430 Listing by Rishab Chawla

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ron Wexler, Keller Williams Preferred Rlty
Last Updated: 3 years ago
Data Source: MRED, MLS# 10862744
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 2546 Wallace Drive built and last sold?
The property at 2546 Wallace Drive was built in 1949 and last sold on Nov 6, 2020 for $289,000.
How much is this home worth?
The estimated value of the home located at 2546 Wallace Drive is $0.
What are some comparable homes to 2546 Wallace Drive?
There are currently no comparable homes to 2546 Wallace Drive.
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