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Oak Brook 60523
31 CONCORD DR
Photo of 31 CONCORD DR
Sold on Jun 1, 2007

1

Map

$800,000
● House - Off Market

31 CONCORD DR

OAK BROOK, IL 60523
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$1,415,944
RealtyHop Estimate
71.65%
Since Jul 1, 2007
National-US
Primary Model

About This Property

NICELY UPDATED & BEAUTIFULLY LANDSCAPED RANCH WITH MATURE TREES* WELL APPLIANCED & COMPLETELY UPDATED KITCHEN-DONE 2002* POWDER ROOM COMPLETELY UPDATED-2004* HALL BATH UPDATED & MASTER BATH COMPLETELY REMODELED INCLUDING STEAM SHOWER-1999* OTHER RECENT UPDATES INCLUDE: ANDERSON THERMOPANE WINDOWS, CUSTOM BOOKSHELVES & CABINETS IN LR & DR, & MUCH MORE*
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$485
HOA Dues
$29
Year Built
2014

Payment Calculator

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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.

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Full Bathrooms: 2
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 2,262
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,216
  • Total Building Area: 8,023
  • Gross Building Area: 8,023
  • Building Area: 5,761
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 5,761
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROOK FOREST
  • Land Acres: 0000000510
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: BROOK FOREST

Neighborhood

  • School District Name: Butler School District 53
  • School Tax School District: OAK BROOK
  • Census Tract: 844502

Zoning

  • Zoning: R

Geography

  • Parcel: 06-27-402-005
  • Lot: 234
  • Municipality: YORK
  • Latitude: 41.8366
  • Longitude: -87.9663

    Address

  • Full Address: 31 Concord Dr
  • Address - House Number: 31
  • Address - Street Name: Concord
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Oak Brook
  • Carrier Code: C029
  • 4-Digit Zip Code: 1735
  • Zip Code: 60523

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,458,012
  • Tax Rate Code Area: 6143

    Appraisal Valuation

  • Standard Deviation: 0.2061
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 2,223,689
  • High Value: 2,682,123
  • Low Value: 1,765,255

    Market Valuation

  • Market Total Value: $2,001,750
  • Market Land Value: $367,290
  • Market Improvement Value: $1,634,460

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $667,250
  • Assessed Land Value: $122,430
  • Assessed Improvements Value: $544,820

    Sales

  • Current Sale Contract Date: Apr 09, 2015
  • Current Sale Recording Date: Jun 19, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: R2015-066117
  • Previous Sale Recording Date: Dec 26, 2012
  • Previous Sale Contract Date: Nov 15, 2012
  • Previous Sale Amount: $580,000
  • Previous Sale Document Type: 21
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 Oak Brook

Stats & Trends

Median Asking:

$1,197,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

53

Average Home Size

6409 ft²

Average Home Age

40.5 years

Currently For Sale

15 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 1060 Kufrin Way, Lombard, IL, 60148

$3,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
1060 Kufrin Way #1060, Lombard, IL, 60148 Listing by Cristina Timbalist
Unit for rent at 19w143 Avenue Rue Royal Avenue, Oak Brook, IL, 60523

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
19w143 Avenue Rue Royal Avenue, Oak Brook, IL, 60523 Listing by Katherine Karvelas

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Raymond Seffer, Baird & Warner
Data Source: MRED, MLS# MRD06252199
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 31 Concord Drive built and last sold?
The property at 31 Concord Drive was built in 2014 and last sold on Apr 9, 2015 for $1,805,000.
How much is this home worth?
The estimated value of the home located at 31 Concord Drive is $0.
What are some comparable homes to 31 Concord Drive?
There are currently no comparable homes to 31 Concord Drive.
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