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West Chicago 60185
29W211 LEE Road
$355,000
● House - Off Market

29W211 LEE Road

West Chicago, IL 60185
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,850 Ft²
$2,289
Est. Monthly
9.82%
Cap Rate

About This Property

Multiple offers received B & H due by 8 PM Sunday February 25th, 2024~Located at the end of a quiet street and adjacent to the prairie path, this home is conveniently located to shopping and dining~Lovely raised ranch boasting hardwood flooring, large living room, updated bathrooms and fresh paint~ The Kitchen offers tons of cabinets, dining area and access to the decks~ 3 bedrooms on the main floor with an additional bedroom and full bath on the lower level. Finished basement has recreation room, fireplace and large bar~  Huge fenced, private back yard with fire pit and two large decks, perfect for summer entertaining! Back yard shed for additional storage ~Roof 2017~
Unit Size
1,850 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$184
Property Type
House
Property Taxes
$620
HOA Dues
-
Year Built
1973

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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 #11983163)

Price History

Date / Event Date Event Price
Apr 15, 2024 Sold
Premium
Sold
Feb 21, 2024 Listed by @properties Christie's International Real Estate $339,900
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Full Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 40
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,040
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Depth Feet: 1,540
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,080
  • Gross Building Area: 2,080
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST CHGO PARK MANOR
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: WEST CHGO PARK MANOR ALL /EX W 12 FT/

Neighborhood

  • School District Name: West Chicago School District 33
  • School Tax School District: WEST CHICAGO
  • Census Tract: 841401

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3022-E2
  • Parcel: 04-03-211-008
  • Block: 14
  • Lot: M
  • Municipality: WINFIELD
  • Latitude: 41.8959
  • Longitude: -88.1898

    Address

  • Full Address: 29w211 Lee Rd
  • Address - House Number: 29w211
  • Address - Street Name: Lee
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: West Chicago
  • Carrier Code: C002
  • 4-Digit Zip Code: 2026
  • Zip Code: 60185

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $743,738
  • Tax Rate Code Area: 4069

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 315,838
  • High Value: 372,420
  • Low Value: 259,256

    Market Valuation

  • Market Total Value: $267,150
  • Market Land Value: $96,840
  • Market Improvement Value: $170,310

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $89,050
  • Assessed Land Value: $32,280
  • Assessed Improvements Value: $56,770

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 02, 2015
  • Current Sale Recording Date: Sep 11, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2015-101527
  • Previous Sale Recording Date: Jul 23, 2013
  • Previous Sale Contract Date: Jun 14, 2013
  • Previous Sale Amount: $158,000
  • Previous Sale Document Type: 68

    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 West Chicago

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$225

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2315 ft²

Average Home Age

62.6 years

Currently For Sale

19 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: Alison France, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11983163
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 29W211 Lee Road built and last sold?
The property at 29W211 Lee Road was built in 1973 and last sold on Sep 2, 2015 for $180,000.
How much is this home worth?
The estimated value of the home located at 29W211 Lee Road is $346,982.
What are some comparable homes to 29W211 Lee Road?
There are currently no comparable homes to 29W211 Lee Road.
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