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Des Plaines 60018
3173 Patton Drive
$270,000
● House - Off Market

3173 Patton Drive

DES PLAINES, IL 60018
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,385 Ft²
$366,417
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

One of the largest homes in the neighborhood!! A generous two story, full basement, 5 bedrooms, 3 full baths sprawling over 2300 square feet in a great neighborhood! Bonus room on the main level is ideal for a home office, bedroom or in-law arrangement. Original brick home with a spacious 2nd floor addition. Centrally located next door to O'Hare airport, public transport and easy access to expressways make traveling and commuting a breeze! Large backyard with an over-sized 2 car garage, a deck and patio offers tons of privacy and a beautiful outdoor living and entertaining space. Some TLC is needed, but the value is great! Make your move today!
Unit Size
2,385 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$105
Property Type
House
Property Taxes
$638
HOA Dues
-
Year Built
1951

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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.

Last updated: 3 years ago (MRED MLS #10414462)

Price History

Date / Event Date Event Price
Aug 2, 2019 Sold
Premium
Sold
Jun 11, 2019 Listed by Amber Realty Inc. $249,900
Listed by Amber Realty Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,020
  • Lot Size Depth Feet: 1,670
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,385
  • Gross Building Area: 2,385
  • Building Area: 2,385
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,385
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOWN IMPROVEMENT CORP DESPLAINES COUNTRY
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: (TOWN) (IMPROVEMENT) CORP (DESPLAINES) (COUNTRYSIDE) SUB IN WH SE SEC 33-41-12

Neighborhood

  • School District Name: Des Plaines Community Consolidated School District 62
  • Census Tract: 806600

Geography

  • District: 22
  • Parcel: 09-33-411-012-0000
  • Block: 1
  • Lot: 12
  • Meridian: SEC 33 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 41.9959
  • Longitude: -87.8703

    Address

  • Full Address: 3173 Patton Dr
  • Address - House Number: 3173
  • Address - Street Name: Patton
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C017
  • 4-Digit Zip Code: 4033
  • Zip Code: 60018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $812,596
  • Tax Rate Code Area: 22017

    Appraisal Valuation

  • Standard Deviation: 0.2313
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 457,420
  • High Value: 563,265
  • Low Value: 351,576

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $75,150
  • Market Improvement Value: $274,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $7,515
  • Assessed Improvements Value: $27,485

    Sales

  • Current Sale Contract Date: Jul 03, 2019
  • Current Sale Recording Date: Aug 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1922049077
  • Previous Sale Recording Date: Jul 25, 2018
  • Previous Sale Contract Date: May 29, 2018
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: FIX
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 Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1729 ft²

Average Home Age

53.1 years

Currently For Sale

117 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

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MRED

Listed by: Egle Vasiliauskiene, Amber Realty Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 10414462
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 3173 Patton Drive built and last sold?
The property at 3173 Patton Drive was built in 1951 and last sold on Jul 3, 2019 for $270,000.
How much is this home worth?
The estimated value of the home located at 3173 Patton Drive is $0.
What are some comparable homes to 3173 Patton Drive?
There are currently no comparable homes to 3173 Patton Drive.
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