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Aurora 60504 Waubonsee
2834 Shelly Lane
$260,000
● House - Off Market

2834 Shelly Lane

Aurora, IL 60504
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,280 Ft²
$1,969
Est. Monthly
$341
HOA / Fees
7.89%
Cap Rate

About This Property

This ready to move in Prairie Village Townhouse/Duplex Condo is a multilevel 1,280 square feet beauty (lower level 2.5 attached garage with additional storage area) . This unit is presently a two bedroom 1.5 bath but has a 3rd level sitting room that could be converted to a third bedroom (See floorplan). In unit washer and dryer on 3rd level. Unit has gorgeous hardwood floors throughout the main level - living room and dining room combination and kitchen The kitchen has all newer appliances and updated cabinets (remodeled in 2015) and oversees the living room and dining room combination area. The kitchen has a walk out balcony, The third level has 2 bedrooms, master bath plus an office, loft or sitting room area that could be converted to 3rd bedroom (see floorplan)  Newer roof and windows. The location is minutes away from I-88 Highway, shopping centers and local dinning not to mention a near by trail to enjoy walks or bike riding. Awesome schools!
Unit Size
1,280 Ft²
Days on Market
-
Land Size
-
Price per sqft
$202
Property Type
House
Property Taxes
$356
HOA Dues
$341
Year Built
1996

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 35
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,307
  • Lot Size Depth Feet: 56
  • Lot Size Frontage Feet: 20
  • Total Building Area: 1,280
  • Gross Building Area: 1,280
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOX VALLEY VILLAGES
  • Land Acres: 0000000030
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: FOX VALLEY VILLAGES UNIT 25 PHASE 3 ALL

Neighborhood

  • School District Name: Indian Prairie Community Unit School District 204
  • School Tax School District: DISTRICT 204
  • Census Tract: 846515

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3201-D2
  • Subdivision Phase Number: 3
  • Parcel: 07-30-412-027
  • Lot: 7
  • Municipality: NAPERVILLE
  • Latitude: 41.7437
  • Longitude: -88.2458

    Address

  • Full Address: 2834 Shelly Ln
  • Legal Unit: 25
  • Address - House Number: 2834
  • Address - Street Name: Shelly
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Aurora
  • Carrier Code: C118
  • 4-Digit Zip Code: 5885
  • Zip Code: 60504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $410,574
  • Tax Rate Code Area: 7045

    Appraisal Valuation

  • Standard Deviation: 0.1664
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 229,316
  • High Value: 267,479
  • Low Value: 191,154

    Market Valuation

  • Market Total Value: $164,880
  • Market Land Value: $36,120
  • Market Improvement Value: $128,760

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,960
  • Assessed Land Value: $12,040
  • Assessed Improvements Value: $42,920

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 23, 2003
  • Current Sale Recording Date: Jul 03, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2003-255039
  • Previous Sale Recording Date: Sep 07, 2001
  • Previous Sale Contract Date: Aug 30, 2001
  • Previous Sale Amount: $122,500
  • 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 Waubonsee

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$220

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2133 ft²

Average Home Age

32.2 years

Currently For Sale

20 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 2534 Hillsboro Boulevard, Aurora, IL, 60503

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
2534 Hillsboro Boulevard #2534, Aurora, IL, 60503 Listing by Hsiang-Wei Teng
Unit for rent at 640 Four Seasons Boulevard, Aurora, IL, 60504

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,380 ft²
640 Four Seasons Boulevard #640, Aurora, IL, 60504 Listing by Dumitrita Bogus
Unit for rent at 764 Panorama Court, Aurora, IL, 60502

$2,495 /mo

  • 2 Beds
  • 2 Baths
  • 1,716 ft²
764 Panorama Court, Aurora, IL, 60502 Listing by Lauren Fulena

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Louis Virgilio, American Realty Services, Inc.
Data Source: MRED, MLS# MRD12434423
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 2834 Shelly Lane built and last sold?
The property at 2834 Shelly Lane was built in 1996 and last sold on Jun 23, 2003 for $143,000.
How much is this home worth?
The estimated value of the home located at 2834 Shelly Lane is $0.
What are some comparable homes to 2834 Shelly Lane?
There are currently no comparable homes to 2834 Shelly Lane.
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