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Bensenville 60106
Undisclosed Address
$240,000
● House - Off Market

Undisclosed Address

Bensenville, IL 60106
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,356 Ft²
$266,772
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

This home has been loved and lived in for the past 60+ years with the same owner but and hates to leave.  Bring your ideas and a little TLC will make it you way!  This 3-4 bedroom 2 bath home on a large lot is ready for the next family.  The home is very convenient to shopping schools and transportation. Easy to show and reasonable seller
Unit Size
1,356 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$173
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1956

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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 #11200362)

Price History

Date / Event Date Event Price
Sep 29, 2021 Sold
Premium
Sold
Aug 25, 2021 Listed by Gateway Realty LLC $235,000
Listed by Gateway Realty LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • 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: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 135
  • Lot Size Frontage Feet: 70
  • Total Building Area: 1,356
  • Gross Building Area: 1,356
  • Building Area: 1,356
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,356
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 1ST ADD PERCY WILSONS IRVING PARK MANOR
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: 1ST ADD PERCY WILSONS IRVING PARK MANOR N 70 FT OF S 160 FT

Neighborhood

  • School District Name: Bensenville School District 2
  • School Tax School District: BENSENVILLE 2
  • Census Tract: 840101

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2915-C7
  • Parcel: 03-15-214-019
  • Block: 47
  • Lot: 1
  • Municipality: ADDISON
  • Latitude: 41.9643
  • Longitude: -87.9639

    Address

  • Full Address: 256 Pine Ln
  • Address - House Number: 256
  • Address - Street Name: Pine
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bensenville
  • Carrier Code: C022
  • 4-Digit Zip Code: 1730
  • Zip Code: 60106

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $502,684
  • Tax Rate Code Area: 3015

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 276,123
  • High Value: 322,650
  • Low Value: 229,596

    Market Valuation

  • Market Total Value: $198,780
  • Market Land Value: $92,550
  • Market Improvement Value: $106,230

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,260
  • Assessed Land Value: $30,850
  • Assessed Improvements Value: $35,410

    Sales

  • Current Sale Contract Date: Sep 22, 2021
  • Current Sale Recording Date: Nov 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: R2021-167535
  • Previous Sale Recording Date: Feb 19, 2016
  • Previous Sale Contract Date: Feb 12, 2016
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: 29

    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 Bensenville

Stats & Trends

Median Asking:

$342,450

Sale Price/ft²

$213

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1338 ft²

Average Home Age

57.6 years

Currently For Sale

13 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 212 Walnut Street N, Bensenville, IL, 60106

$3,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,970 ft²
212 Walnut Street N #E, Bensenville, IL, 60106 Listing by Edward Kress

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mark Chereso, Gateway Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11200362
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 256 Pine Lane built and last sold?
The property at 256 Pine Lane was built in 1956 and last sold on Sep 22, 2021 for $240,000.
How much is this home worth?
The estimated value of the home located at 256 Pine Lane is $0.
What are some comparable homes to 256 Pine Lane?
There are currently no comparable homes to 256 Pine Lane.
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