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Bensenville 60106
301 Pine Lane
$305,000
● House - Off Market

301 Pine Lane

Bensenville, IL 60106
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$1,975
Est. Monthly
8.61%
Cap Rate

About This Property

Truly beautiful red brick ranch, 1 level living on almost 1/4 acre corner lot.  Stunning open kitchen with brand new appliances, pearl white cabinets and quartz counter tops has breakfast bar and overlooks living room and fireplace, all 3 bedrooms nice sized, brand new bathroom has bath/shower with glass sliding door and beautiful ceramic tile, yard is huge, oversized 2.5 car garage, circular driveway can park boat, mobile home or oversized work vehicles.  Electric new, hot water tank new, designer lighting and hardwood floors throughout.  FHA and VA yes!!! Nice buy!
Unit Size
1,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$290
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1957

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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.

Last updated: 3 years ago (MRED MLS #11972268)

Price History

Date / Event Date Event Price
Mar 1, 2024 Sold
Premium
Sold
Feb 1, 2024 Listed by Century 21 Circle $319,500
Listed by Century 21 Circle
Jan 28, 2024 No longer available -
No longer available
Jan 25, 2024 Price Decreased $315,000
↓ $10K (3.1%)
Price Decreased
Jan 11, 2024 Relisted $325,000
Relisted
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 135
  • Lot Size Frontage Feet: 80
  • Total Building Area: 1,020
  • Gross Building Area: 1,020
  • Building Area: 1,020
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,020
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 1ST ADD TO P WILSONS IRVING PARK MANOR
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: 1ST ADD TO P WILSONS IRVING PARK MANOR /EX N 150 FT/

Neighborhood

  • School District Name: Bensenville School District 2
  • School Tax School District: BENSENVILLE 2
  • Census Tract: 840101

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2915-C7
  • Parcel: 03-10-414-013
  • Block: 45
  • Lot: 3
  • Municipality: ADDISON
  • Latitude: 41.9651
  • Longitude: -87.9632

    Address

  • Full Address: 301 Pine Ln
  • Address - House Number: 301
  • Address - Street Name: Pine
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bensenville
  • Carrier Code: C022
  • 4-Digit Zip Code: 1404
  • Zip Code: 60106

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $487,402
  • Tax Rate Code Area: 3015

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 93
  • Final Value: 310,171
  • High Value: 335,941
  • Low Value: 284,401

    Market Valuation

  • Market Total Value: $193,740
  • Market Land Value: $92,550
  • Market Improvement Value: $101,190

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,580
  • Assessed Land Value: $30,850
  • Assessed Improvements Value: $33,730

    Sales

  • Current Sale Contract Date: Feb 29, 2024
  • Current Sale Recording Date: Mar 07, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12253
  • Previous Sale Recording Date: Nov 13, 2023
  • Previous Sale Contract Date: Oct 30, 2023
  • Previous Sale Amount: $175,000
  • 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 Bensenville

Stats & Trends

Median Asking:

$344,900

Sale Price/ft²

$213

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1338 ft²

Average Home Age

57.6 years

Currently For Sale

13 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 181 Rose Street, Bensenville, IL, 60106

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,575 ft²
181 Rose Street, Bensenville, IL, 60106 Listing by Ernesto Escalante

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Earl Ruthman, Century 21 Circle
Last Updated: 3 years ago
Data Source: MRED, MLS# 11972268
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 301 Pine Lane built and last sold?
The property at 301 Pine Lane was built in 1957 and last sold on Feb 29, 2024 for $305,000.
How much is this home worth?
The estimated value of the home located at 301 Pine Lane is $316,919.
What are some comparable homes to 301 Pine Lane?
There are currently no comparable homes to 301 Pine Lane.
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