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Addison 60101
341 W Army Trail Boulevard
$250,000
● House - Off Market

341 W Army Trail Boulevard

Addison, IL 60101
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,584 Ft²
$244,181
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

This Solid True Ranch home features 3 bedrooms, 2 full baths (one with jetted tub!), Bright Living Room with Vaulted exposed beam ceiling, Eat in Kitchen, Den with fireplace and 2 car detached garage. Ample yard, stamped concrete patio, wonderful location near schools. Great investment/starter property. Home has solid bones but needs some TLC and your design ideas! Cash or Conventional only. Sold AS-IS, seller will not entertain repair requests (out of state).
Unit Size
1,584 Ft²
Days on Market
-
Land Size
-
Price per sqft
$152
Property Type
House
Property Taxes
$446
HOA Dues
-
Year Built
1956

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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 #11685810)

Price History

Date / Event Date Event Price
Apr 6, 2023 Sold
Premium
Sold
Mar 7, 2023 Listed by CRIS Realty $240,000
Listed by CRIS Realty

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 135
  • Lot Size Frontage Feet: 60
  • Total Building Area: 1,584
  • Gross Building Area: 1,584
  • Building Area: 1,584
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,584
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHVIEW SUB
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: HIGHVIEW SUB UNIT NO 1

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 846603

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2970-D5
  • Parcel: 03-28-103-006
  • Block: 1
  • Lot: 17
  • Municipality: ADDISON
  • Latitude: 41.9313
  • Longitude: -87.9973

    Address

  • Full Address: 341 W Army Trail Blvd
  • Legal Unit: 1
  • Address - House Number: 341
  • Street Direction: W
  • Address - Street Name: Army Trail
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Addison
  • Carrier Code: C015
  • 4-Digit Zip Code: 3401
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $560,764
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 323,199
  • High Value: 380,890
  • Low Value: 265,508

    Market Valuation

  • Market Total Value: $261,420
  • Market Land Value: $97,620
  • Market Improvement Value: $163,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $87,140
  • Assessed Land Value: $32,540
  • Assessed Improvements Value: $54,600

    Sales

  • Current Sale Contract Date: Mar 28, 2023
  • Current Sale Recording Date: Apr 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20507
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 Addison

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$221

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1901 ft²

Average Home Age

41.3 years

Currently For Sale

44 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 636 W Sunset Avenue, Villa Park, IL, 60181

$2,890 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
636 W Sunset Avenue, Villa Park, IL, 60181 Listing by Oskar Wiatr

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kim Van Ordstrand, CRIS Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11685810
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 341 West Army Trail Boulevard built and last sold?
The property at 341 West Army Trail Boulevard was built in 1956 and last sold on Mar 28, 2023 for $250,000.
How much is this home worth?
The estimated value of the home located at 341 West Army Trail Boulevard is $0.
What are some comparable homes to 341 West Army Trail Boulevard?
There are currently no comparable homes to 341 West Army Trail Boulevard.
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