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DuPage 60189
2S704 Cree Lane
$620,000
● House - Off Market

2S704 Cree Lane

Wheaton, IL 60189
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,500 Ft²
$3,739
Est. Monthly
5.43%
Cap Rate

About This Property

Wonderful home on a quiet, wooded, Arrowhead cul-de-sac. Updated kitchen and master bathroom.  Boasts 4 bedrooms, 1st floor home master, first floor office, and family room that opens up to the kitchen and back deck. 3 full baths, large deck with a beautiful yard.  There is a lot to offer. Bike to Herrick Lake & Prairie Path.
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$248
Property Type
House
Property Taxes
$694
HOA Dues
-
Year Built
1972

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 919
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 85

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 135
  • Lot Size Frontage Feet: 90
  • Total Building Area: 3,562
  • Gross Building Area: 3,562
  • Building Area: 3,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,056
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARROWHEAD SOUTH
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: ARROWHEAD SOUTH

Neighborhood

  • School District Name: Community Unit School District 200
  • School Tax School District: DISTRICT 200
  • Census Tract: 842602

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3081-E4
  • Parcel: 05-30-406-026
  • Lot: 2
  • Municipality: MILTON
  • Latitude: 41.8307
  • Longitude: -88.133

    Address

  • Full Address: 2s704 Cree Ln
  • Address - House Number: 2s704
  • Address - Street Name: Cree
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Wheaton
  • Carrier Code: R003
  • 4-Digit Zip Code: 5944
  • Zip Code: 60189

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $809,604
  • Tax Rate Code Area: 5090

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 528,067
  • High Value: 611,072
  • Low Value: 445,063

    Market Valuation

  • Market Total Value: $410,250
  • Market Land Value: $94,290
  • Market Improvement Value: $315,960

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $136,750
  • Assessed Land Value: $31,430
  • Assessed Improvements Value: $105,320

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 08, 2013
  • Current Sale Recording Date: Jun 03, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: R2013-079450
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:

$449,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2307 ft²

Average Home Age

42.4 years

Currently For Sale

1523 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

Rentals Near You

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MRED

Listed by: Michael LaFido, LPT Realty
Data Source: MRED, MLS# MRD12352655
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 2S704 Cree Lane built and last sold?
The property at 2S704 Cree Lane was built in 1972 and last sold on May 8, 2013 for $326,000.
How much is this home worth?
The estimated value of the home located at 2S704 Cree Lane is $629,866.
What are some comparable homes to 2S704 Cree Lane?
There are currently no comparable homes to 2S704 Cree Lane.
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