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West Chicago 60185
336 Laurel Lane
$466,500
● House - Off Market

336 Laurel Lane

West Chicago, IL 60185
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
3,096 Ft²
$508,579
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

EXCELENT LOCATION**3000+ SQUARE FEET HOUSE**LARGE SIZE 4 BED ROOMS PLUS 1ST FLOOR DEN/OFFICE**2.2 BATH**3 CAR GARGE**FULL FINISHED BASEMENT WITH CYRAMIC TILE FLOOR AND LOTS OFF STORAGE SPACE**LIVING ROOM AND OPEN FOYER WITH HIGH CEILING**OPEN CONCEPT KITCHEN HAS LARGE ISLAND, 42" KITCHEN CABINETS,  AND GRANITE COUNTER TOPS,WLAK-IN PANTRY, BREAKFAST AREA**WIDE OPEN TO LARGE FAMILY ROOM WITH FIRE PLACE**GLASS SLIDING PATIO DOOR OPENS TO PAVER BRICK PATIO IN THE FENCED BACK YARD**ENTIRE 1ST LEVEL HAS OAK HARDWOOD FLOOR**DUAL STAIRCASE **EXTAR LARGE MASTER WITH SEATING AREA HAS MASTER BATH WITH SHOWER AND WHIRLPOOL**REST OF THE BEDROOMS ARE NICE SIZE**ALL WHITE SIX PANEL DOORS**READY TO MOVE-IN HOUSE**
Unit Size
3,096 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$158
Property Type
House
Property Taxes
$881
HOA Dues
$26
Year Built
2005

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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 #11474340)

Price History

Date / Event Date Event Price
Sep 26, 2022 Sold
Premium
Sold
Jul 25, 2022 Listed by Provident Realty, Inc. $489,000
Listed by Provident Realty, Inc.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Full Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 3,096
  • Building Area: 3,096
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,096
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRESTONFIELD UNIT 2
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: PRESTONFIELD UNIT 2 ALL

Neighborhood

  • School District Name: West Chicago School District 33
  • School Tax School District: WEST CHICAGO
  • Census Tract: 841312

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2966-B7
  • Parcel: 01-33-203-007
  • Lot: 84
  • Municipality: WAYNE
  • Latitude: 41.9111
  • Longitude: -88.2125

    Address

  • Full Address: 336 Laurel Ln
  • Legal Unit: 2
  • Address - House Number: 336
  • Address - Street Name: Laurel
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: West Chicago
  • Carrier Code: R011
  • 4-Digit Zip Code: 5972
  • Zip Code: 60185

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,104,724
  • Tax Rate Code Area: 1007

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 487,954
  • High Value: 563,358
  • Low Value: 412,550

    Market Valuation

  • Market Total Value: $370,350
  • Market Land Value: $86,340
  • Market Improvement Value: $284,010

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $123,450
  • Assessed Land Value: $28,780
  • Assessed Improvements Value: $94,670

    Sales

  • Current Sale Contract Date: Sep 22, 2022
  • Current Sale Recording Date: Nov 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 99044
  • Previous Sale Recording Date: May 29, 2014
  • Previous Sale Contract Date: May 23, 2014
  • Previous Sale Amount: $318,000
  • 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 West Chicago

Stats & Trends

Median Asking:

$384,450

Sale Price/ft²

$225

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2186 ft²

Average Home Age

47.7 years

Currently For Sale

18 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: Pranav Joshi, Provident Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11474340
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 336 Laurel Lane built and last sold?
The property at 336 Laurel Lane was built in 2005 and last sold on Sep 22, 2022 for $466,500.
How much is this home worth?
The estimated value of the home located at 336 Laurel Lane is $503,923.
What are some comparable homes to 336 Laurel Lane?
There are currently no comparable homes to 336 Laurel Lane.
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