$265,000
●
House -
Off Market
29W342 Lee Road
West Chicago, IL 60185
3 Beds
2 Baths
1,176 Ft²
$248,441
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
West Chicago Gem! This raised ranch offers three bedroom (4th bonus
room in lower level!), two full baths, and plenty of space to
spread out! Open kitchen with new granite counters and sink shines
with additional natural light from skylight! Features gleaming
hardwood floors throughout the upper level with modern accent walls
and updates throughout. Sliding door off kitchen leads to deck
overlooking oversized fenced yard perfect for enjoying a cup of
coffee and book in privacy or hosting a backyard gathering! Lower
level recreation room / den has newer floors and bonus room that
could be 4th bedroom! Oversized 2.5 car garage has ample
space for two vehicles plus all your extra toys! Improvements: NEW
HVAC 2021, NEW Fence 2021, NEW Well Pump and Bladder 2021, Granite
Counters & Sink 2022, and NEW Dishwasher 2021! Hurry as a rare find
like this won't last long!
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$213
Property Type
House
Property Taxes
$482
HOA Dues
-
Year Built
1971
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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.
Last updated: 3 years ago (MRED MLS #11873098)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2024 | Sold | ||
| Sold | |||
| Feb 23, 2024 | Listed by RE/MAX of Naperville | $315,000 | |
| Listed by RE/MAX of Naperville | |||
| | |||
|
Plug and Play! INVESTOR OPPORTUNITY/Lease in Place until Nov 2024. 4Bed 2Bath 2+CarGarage on FENCED-IN LOT! Hardwood Floors Throughout the Main Living Area. Open Kitchen to Dining Area w/ Large Windows and Sliding Glass Door to Backyard Deck. Lower Level Family Room. Lower Level Exterior Access. Refreshed and Refurbished Before Lease Signing. *Fresh Paint, *New LVP Flooring, *Updated Light Fixtures, *Replaced Bathroom and Kitchen Fixtures, *Tree Removal&Prune, *Landscaping for Easy Maintenance. *HVAC '21, *Fenced '21, *Well Pump '21, *Granite Counters & Sink '22. Easy Investor Decision @ $2700/month. Security Deposit Transfers to New Owner. EARN PROPERTY APPRECIATION & CASH FLOW.
| |||
| Sep 20, 2023 | Listed by RE/MAX Professionals Select | $250,000 | |
| Listed by RE/MAX Professionals Select | |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About West Chicago
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Listed by: Jennifer Slown, RE/MAX Professionals Select
Last Updated: 3 years ago
Data Source: MRED, MLS# 11873098
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11873098
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