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Des Plaines 60018
2708 Joseph Avenue
$352,500
● House - Off Market

2708 Joseph Avenue

Des Plaines, IL 60018
bedrooms
4 Beds
bathrooms
2 Baths
$378,853
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Welcome home! Spacious, sunny home with modern updates!  The main floor features vaulted ceiling living room and open kitchen area, an office and a bedroom. The kitchen was remodeled in 2017 with SS high end appliances,  Absolute Black granite counter tops, large island covered with gray quartz and extra cabinets. The second level offers the privacy of 3 large bedrooms with high ceiling, large closets and hardwood floors. Finished basement with large windows above the ground and full size bathroom. Samsung washer-dryer in the basement!  Recent updates: 2017 ejector pump, 2020 furnace, 2018 sump pump, 2017 electric panel. Great corner fenced lot with patio area and 2.5 detached garage. A nice park and ball field just a few blocks away. Easy access to 294, close to the airport.
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1959

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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 #11463403)

Price History

Date / Event Date Event Price
Nov 1, 2022 Sold
Premium
Sold
Jul 13, 2022 Listed by Coldwell Banker Realty $359,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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
  • Floor Count: 150
  • 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: 7,813
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,110
  • Gross Building Area: 1,110
  • Building Area: 1,110
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,110
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLEASANT MANOR UNIT1
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (PLEASANT)(MANOR)(UNIT1) SUB IN SW NE SEC 33-41-12

Neighborhood

  • School District Name: Des Plaines Community Consolidated School District 62
  • Census Tract: 806600

Geography

  • District: 22
  • Parcel: 09-33-208-010-0000
  • Lot: 31
  • Meridian: SEC 33 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0043
  • Longitude: -87.8735

    Address

  • Full Address: 2708 Joseph Ave
  • Legal Unit: 1
  • Address - House Number: 2708
  • Address - Street Name: Joseph
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C043
  • 4-Digit Zip Code: 4071
  • Zip Code: 60018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $709,642
  • Tax Rate Code Area: 22017

    Appraisal Valuation

  • Standard Deviation: 0.2289
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 373,573
  • High Value: 459,095
  • Low Value: 288,052

    Market Valuation

  • Market Total Value: $310,000
  • Market Land Value: $58,600
  • Market Improvement Value: $251,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,000
  • Assessed Land Value: $5,860
  • Assessed Improvements Value: $25,140

    Sales

  • Current Sale Contract Date: Oct 14, 2022
  • Current Sale Recording Date: Nov 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 25079
  • Previous Sale Recording Date: Oct 31, 2016
  • Previous Sale Contract Date: Oct 12, 2016
  • Previous Sale Amount: $263,000
  • Previous Sale Document Type: 71
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 Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1696 ft²

Average Home Age

50.9 years

Currently For Sale

107 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

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MRED

Listed by: Diana Varva, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11463403
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 2708 Joseph Avenue built and last sold?
The property at 2708 Joseph Avenue was built in 1959 and last sold on Oct 14, 2022 for $352,500.
How much is this home worth?
The estimated value of the home located at 2708 Joseph Avenue is $0.
What are some comparable homes to 2708 Joseph Avenue?
There are currently no comparable homes to 2708 Joseph Avenue.
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