$273,000
●
House -
Off Market
3085 South Lane
DES PLAINES, IL 60018
4 Beds
2 Baths
$441,337
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
Welcome home to this excellent, 2 story 4 bed/ 2 bath home in Des
Plaines! Incredible curb appeal with a large front yard and
extremely spacious enclosed back yard. Large and sunlit living room
features hardwood floors. Kitchen features ample cabinet and
counter space, 42" maple cabs, and white appliances. Additional
family room and dining room combo with wood laminate floors. Master
bedroom and 2nd bed on second level. Master bedroom is graciously
large. The other two bedrooms are located on main level. Unfinished
basement. 2 Car Garage and W/D in home. This is an incredible
investment opportunity and chance to make this home your own with
easy cosmetic updates! Quick access to highway. Walk to Seminole
Park, Eaton Field Park, and Forest Preserve. Opportunities are
endless here!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1948
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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 #09629984)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 1, 2020 | In contract | - | |
| In contract | |||
| Aug 31, 2020 | Price Decreased |
$335,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Jul 31, 2020 | Listed | $340,000 | |
| Listed | |||
| | |||
|
Gorgeous and meticulously maintained 4 bd/2.5 bth brick beauty in Des Plaines! From the moment you enter the front door you can see how well this home has been cared for. Crisp, clean and bright with dark hardwood flooring in the living room makes it the perfect hang out spot. Walk back and you'll find your kitchen and sunroom in the back of the house that can be used for dining, office space or additional family room! Two spacious bedrooms and a full bath complete the first floor. Upstairs, you'll find 2 large bedrooms. The Master has a HUGE walk-in closet with more than enough space for any clothes and shoe lover! The basement is large and ready to be finished or used for storage. Outside you can enjoy your large deck and pool all summer long! Close to public transit, parks and forest preserves. Check out the virtual tour today! The manager has listed the unit size as 1722 square feet.
| |||
| Jun 30, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Garage
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Des Plaines
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Listed by: , Jameson Sotheby's Intl Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 09629984
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# 09629984
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