For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
DuPage 60189
2S254 Madison Street
$425,000
● House - Off Market

2S254 Madison Street

Wheaton, IL 60189
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,785 Ft²
$454,517
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

ONE OF THE MOST COVETED STREETS IN WHEATON- MADISON IS A MILLION DOLLAR ROW- 4 bR HOME ON just shy of 1/2 acre-.48 -wooded lot-NEWLY PLANTED ORCHARD-APPLE,CHERRY, PEAR & PEACH TREES IN BACK OF PROPERTY THAT BACKS UP TO ST. JAMES  FOREST PRESERVE -395' deep, make sure to walk to the very back of property, follow path through trees/bushes.  Amazing yard, it's like a park!! NEWER STOVE/FIREPLACE HEATER in liv. rm. 1st floor bedroom & full bath, upstairs- LARGE MASTER BEDROOM W/ FULL BATH & 2 ADDTIONAL BEDROOMS- The home needs some TLC, some rehab needed, value in location & land/LOADS OF EXPANSION POSSIBILTIES. JUST STEPS TO ILLINOIS PRAIRIE PATH- Top rated schools: Dist #200-Wiesbrook, Hubble, and Wheaton Warrenville South.  Close to everything Wheaton has to offer.
Unit Size
1,785 Ft²
Days on Market
-
Land Size
-
Price per sqft
$244
Property Type
House
Property Taxes
$494
HOA Dues
-
Year Built
1950

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #11694967)

Price History

Date / Event Date Event Price
Feb 27, 2023 Sold
Premium
Sold
Jan 12, 2023 Listed by RE/MAX Action $435,000
Listed by RE/MAX Action

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Full Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 2
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Lot Size Depth Feet: 3,950
  • Lot Size Frontage Feet: 530
  • Total Building Area: 1,786
  • Gross Building Area: 1,786
  • Building Area: 1,786
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,786
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MC INTOSH WEISBRROK RD SUB
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: MC INTOSH WEISBRROK RD SUB S 53 FT

Neighborhood

  • School District Name: Community Unit School District 200
  • School Tax School District: DISTRICT 200
  • Census Tract: 841603

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3081-C4
  • Parcel: 04-25-205-011
  • Block: 6
  • Lot: 5
  • Municipality: WINFIELD
  • Latitude: 41.8379
  • Longitude: -88.1551

    Address

  • Full Address: 2s254 Madison St
  • Address - House Number: 2s254
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: IL
  • City Name: Wheaton
  • Carrier Code: R009
  • 4-Digit Zip Code: 7805
  • Zip Code: 60189

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $626,650
  • Tax Rate Code Area: 4097

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 72
  • Final Value: 445,377
  • High Value: 535,544
  • Low Value: 355,209

    Market Valuation

  • Market Total Value: $319,830
  • Market Land Value: $54,480
  • Market Improvement Value: $265,350

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $106,610
  • Assessed Land Value: $18,160
  • Assessed Improvements Value: $88,450

    Sales

  • Current Sale Contract Date: Feb 27, 2023
  • Current Sale Recording Date: Mar 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12709
  • Previous Sale Recording Date: Apr 12, 2016
  • Previous Sale Contract Date: Mar 31, 2016
  • Previous Sale Amount: $290,000
  • 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 DuPage

Stats & Trends

Median Asking:

$449,968

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2271 ft²

Average Home Age

43.6 years

Currently For Sale

1490 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 319 Shirley Court, Wheaton, IL, 60187

$3,250 /mo

  • 3 Beds
  • 1 Bath
  • 1,262 ft²
319 Shirley Court, Wheaton, IL, 60187 Listing by Brooke Oswald

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Josie Morrison, RE/MAX Action
Last Updated: 3 years ago
Data Source: MRED, MLS# 11694967
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 2S254 Madison Street built and last sold?
The property at 2S254 Madison Street was built in 1950 and last sold on Feb 27, 2023 for $425,000.
How much is this home worth?
The estimated value of the home located at 2S254 Madison Street is $441,980.
What are some comparable homes to 2S254 Madison Street?
There are currently no comparable homes to 2S254 Madison Street.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Winfield Homes for Sale
Winfield Houses for Sale
Winfield Condos for Sale
Winfield Townhouses for Sale
Winfield Multifamily for Sale
Winfield Land for Sale
Winfield Commercial for Sale
Winfield Homes with Basements
Nearby Cities
Naperville Homes for Sale
Aurora Homes for Sale
Wheaton Homes for Sale
Bartlett Homes for Sale
St. Charles Homes for Sale
Glen Ellyn Homes for Sale
Carol Stream Homes for Sale
Woodridge Homes for Sale
Nearby Property Records
DuPage County, IL Property Records
Kane County, IL Property Records
Kendall County, IL Property Records
Will County, IL Property Records
DeKalb County, IL Property Records
Cook County, IL Property Records
McHenry County, IL Property Records
Grundy County, IL Property Records
Neighborhoods
Far East Real Estate
Eola Yards Real Estate
Edgelawn Randall Real Estate
Fox Valley Real Estate
Indian Creek Real Estate
South Farnsworth Real Estate
Blackhawk Real Estate
Waubonsee Real Estate
Nearby Counties
Lisle Homes for Sale
Naperville Homes for Sale
Milton Homes for Sale
Bloomingdale Homes for Sale
Aurora Homes for Sale
Wayne Homes for Sale
St. Charles Homes for Sale
Batavia Homes for Sale
Top Real Estate Agents
Top Agents in Winfield
Top Agents in Naperville
Top Agents in Aurora
Top Agents in Lisle
Top Agents in Naperville
Top Agents in Milton
Top Agents in Bloomingdale
Top Agents in Aurora