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Des Plaines 60016
346 Drake Lane
$490,000
● House - Off Market

346 Drake Lane

Des Plaines, IL 60016
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,686 Ft²
$2,862
Est. Monthly
6.26%
Cap Rate

About This Property

Welcome to this beautifully updated 3-bedroom, 2-bathroom split-level home nestled in one of Des Plaines' most desirable neighborhoods. The property features an open-concept main level, that seamlessly blends modern functionality with inviting warmth. The heart of the home is the stunning kitchen, complete with high-end Viking appliances, an expansive 10-foot island perfect for gatherings, meal prep, holiday baking and so much more plus direct access from the kitchen to a rare side patio - an ideal spot for summer dining and entertaining.    Gleaming hardwood floors run throughout this home, while the spacious lower-level family room offers a cozy retreat with brand new flooring, a wood-burning fireplace, full bath, laundry room and walk-out access to the oversized, fully fenced backyard. Enjoy a garden area, large shed for storage, and plenty of space to relax or play.  Located just minutes from the Cumberland Metra Station, Cumberland Elementary, Chippewa Middle School, and Chippewa Park & Pool, this home offers both convenience and community. A rare find with thoughtful updates, generous outdoor space, and an unbeatable location - this is the one you've been waiting for!  See this one today before it's too late.
Unit Size
1,686 Ft²
Days on Market
-
Land Size
-
Price per sqft
$267
Property Type
House
Property Taxes
$652
HOA Dues
-
Year Built
1962

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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,375
  • Total Building Area: 1,053
  • Gross Building Area: 1,053
  • Building Area: 1,053
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,053
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CUMBERLAND VILLAGE UNIT1
  • Land Acres: 0000000261
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (CUMBERLAND) VILLAGE (UNIT1) SUB OF PT SW SEC 07-41-12

Neighborhood

  • School District Name: Des Plaines Community Consolidated School District 62
  • Census Tract: 806103

Geography

  • District: 22
  • Parcel: 09-07-312-026-0000
  • Lot: 53
  • Meridian: SEC 07 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0585
  • Longitude: -87.9192

    Address

  • Full Address: 346 Drake Ln
  • Legal Unit: 1
  • Address - House Number: 346
  • Address - Street Name: Drake
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C022
  • 4-Digit Zip Code: 2151
  • Zip Code: 60016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $761,102
  • Tax Rate Code Area: 22028

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 372,235
  • High Value: 457,231
  • Low Value: 287,239

    Market Valuation

  • Market Total Value: $330,000
  • Market Land Value: $96,690
  • Market Improvement Value: $233,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,000
  • Assessed Land Value: $9,669
  • Assessed Improvements Value: $23,331

    Sales

  • Current Sale Contract Date: Nov 30, 1993
  • Current Sale Recording Date: Dec 17, 1993
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 03035244
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Des Plaines


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Frequently Asked Questions

When was property at 346 Drake Lane built and last sold?
The property at 346 Drake Lane was built in 1962 and last sold on Nov 30, 1993 for $107,000.
How much is this home worth?
The estimated value of the home located at 346 Drake Lane is $0.
What are some comparable homes to 346 Drake Lane?
There are currently no comparable homes to 346 Drake Lane.