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Oak Brook 60523
260 FOREST TRAIL Drive
$386,000
● Land - Off Market

260 FOREST TRAIL Drive

OAK BROOK, IL 60523
bedrooms
Studio
bathrooms
0 Bath
$726,921
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Rare, Wooded, Affordable 3/4 acre lot in established Oak Brook neighborhood!  Just minutes to expressways and Oak Brook Mall.  Soil Boring tests and Topographical Survey have already been done! -- Lot should be suitable for a home with a lookout basement.  Build your Dream Home today!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$609
HOA Dues
-
Year Built
2015

Payment Calculator

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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 #08741217)

Price History

Date / Event Date Event Price
Dec 3, 2014 Sold
Premium
Sold
Sep 30, 2014 Listed by RE/MAX All Pro $389,000
Listed by RE/MAX All Pro

Property Highlights

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,350
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,719
  • Lot Size Depth Feet: 360
  • Lot Size Frontage Feet: 100
  • Total Building Area: 4,938
  • Gross Building Area: 4,938
  • Building Area: 3,588
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,588
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBER TRAIL ESTATES
  • Land Acres: 0000000820
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: TIMBER TRAIL ESTATES UNIT 2 /EX W 2 FT/

Neighborhood

  • School District Name: Salt Creek School District 48
  • School Tax School District: OAK BROOK
  • Census Tract: 844601

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3085-E1
  • Parcel: 06-23-200-033
  • Lot: 98
  • Municipality: YORK
  • Latitude: 41.8567
  • Longitude: -87.9478

    Address

  • Full Address: 260 Forest Trl
  • Legal Unit: 2
  • Address - House Number: 260
  • Address - Street Name: Forest
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Oak Brook
  • Carrier Code: C031
  • 4-Digit Zip Code: 1413
  • Zip Code: 60523

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,709,876
  • Tax Rate Code Area: 6055

    Appraisal Valuation

  • Standard Deviation: 0.1704
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 1,295,443
  • High Value: 1,516,268
  • Low Value: 1,074,619

    Market Valuation

  • Market Total Value: $1,200,840
  • Market Land Value: $498,000
  • Market Improvement Value: $702,840

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $400,280
  • Assessed Land Value: $166,000
  • Assessed Improvements Value: $234,280

    Sales

  • Current Sale Contract Date: Jun 15, 2021
  • Current Sale Recording Date: Sep 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021-135130
  • Previous Sale Recording Date: Dec 09, 2014
  • Previous Sale Contract Date: Oct 23, 2014
  • Previous Sale Amount: $386,000
  • 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 Oak Brook

Stats & Trends

Median Asking:

$1,197,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

53

Average Home Size

6409 ft²

Average Home Age

40.5 years

Currently For Sale

15 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

Rentals Near You

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MRED

Listed by: Jill Rudman, RE/MAX All Pro
Last Updated: 3 years ago
Data Source: MRED, MLS# 08741217
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 260 Forest Trail built and last sold?
The property at 260 Forest Trail was built in 2015 and last sold on Jun 15, 2021 for $1,325,000.
How much is this home worth?
The estimated value of the home located at 260 Forest Trail is $0.
What are some comparable homes to 260 Forest Trail?
There are currently no comparable homes to 260 Forest Trail.
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