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Palatine 60074
258 N Lytle Drive
$359,900
● House - Off Market

258 N Lytle Drive

Palatine, IL 60074
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,500 Ft²
$366,170
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Updated Oakdale Model! Features 3 bedrooms, 1.1 baths, plus 1-car attached garage located in sought after Winston Park. The interior of the home is complete with open living room and dining room and an updated kitchen with ample storage space and maple cabinets. Recent updates of the home include: Furnace & Central Air 2020, Hardwood Floors 2014, New LG Fridge 2021, New Patio & Sidewalk 2020, Retention Wall 2018, Electric Fence for dog 2018, Updated Baths 2016. Excellent condition throughout!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$240
Property Type
House
Property Taxes
$598
HOA Dues
-
Year Built
1963

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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 #11719268)

Price History

Date / Event Date Event Price
Apr 27, 2023 Sold
Premium
Sold
Feb 15, 2023 Listed by @properties Christie's International Real Estate $359,900
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,204
  • Total Building Area: 1,201
  • Gross Building Area: 1,201
  • Building Area: 1,201
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,201
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINSTON PARK NORTHWEST UNIT2
  • Land Acres: 0000000211
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (WINSTON) PARK (NORTHWEST)(UNIT2) SUB IN SEC 13-42-10

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803607

Geography

  • District: 29
  • Parcel: 02-13-310-031-0000
  • Block: 22
  • Lot: 31
  • Meridian: SEC 13 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1155
  • Longitude: -88.0175

    Address

  • Full Address: 258 N Lytle Dr
  • Legal Unit: 2
  • Address - House Number: 258
  • Street Direction: N
  • Address - Street Name: Lytle
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Palatine
  • Carrier Code: C001
  • 4-Digit Zip Code: 5546
  • Zip Code: 60074

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $761,228
  • Tax Rate Code Area: 29007

    Appraisal Valuation

  • Standard Deviation: 0.201
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 373,880
  • High Value: 449,051
  • Low Value: 298,709

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $73,630
  • Market Improvement Value: $226,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $7,363
  • Assessed Improvements Value: $22,637

    Sales

  • Current Sale Contract Date: Apr 10, 2023
  • Current Sale Recording Date: May 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13247
  • Previous Sale Recording Date: May 16, 2014
  • Previous Sale Contract Date: Mar 19, 2014
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: 27
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 Palatine

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$236

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1644 ft²

Average Home Age

43.8 years

Currently For Sale

109 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 62 E Clare Court, Palatine, IL, 60067

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 2,050 ft²
62 E Clare Court #62, Palatine, IL, 60067 Listing by Jeff Salhani
Unit for rent at 2716 N Greenwood Avenue, Arlington Heights, IL, 60004

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,585 ft²
2716 N Greenwood Avenue, Arlington Heights, IL, 60004 Listing by Sally Chang

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dan Volker, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11719268
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 258 North Lytle Drive built and last sold?
The property at 258 North Lytle Drive was built in 1963 and last sold on Apr 10, 2023 for $360,000.
How much is this home worth?
The estimated value of the home located at 258 North Lytle Drive is $363,651.
What are some comparable homes to 258 North Lytle Drive?
There are currently no comparable homes to 258 North Lytle Drive.
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