$1,300,000
●
Land -
Off Market
3605 Madison Street
Oak Brook, IL 60523
Studio
0 Bath
$8,282
Est. Monthly
About This Property
EXTRAORDINARY OPPORTUNITY AWAITS AT 3605 MADISON STREET IN OAK
BROOK. THIS EXPANSIVE 1.4-ACRE LOT OFFERS THE PERFECT CANVAS TO
BRING YOUR DREAM HOME TO LIFE IN THE BEAUTIFUL FULLERSBURG AREA OF
OAK BROOK. CRAFT A TRUE LUXURY CUSTOM HOME IN A SECLUDED AND
TRANQUIL NATURAL SETTING, SURROUNDED BY MAJESTIC TREES THAT WILL
ADD TO THE ALLURE OF YOUR NEW RESIDENCE. EMBRACE THE SERENITY OF
THIS LOCATION, WITH CONVENIENT PROXIMITY TO THE FOREST PRESERVE,
NATURE TRAILS, HORSEBACK RIDING OR BIKING TRAILS. WHILE YOU'LL FEEL
A WORLD AWAY, YOU'RE JUST MINUTES FROM DOWNTOWN HINSDALE, OAK BROOK
CENTER FOR SHOPPING & DINING, AND RENOWNED GOLF COURSES, WITH EASY
ACCESS TO AIRPORTS FOR YOUR TRAVEL CONVENIENCE. ENJOY THE BENEFITS
OF LOWER OAK BROOK TAXES WHILE BEING IN THE HIGHLY REGARDED
HINSDALE SCHOOL DISTRICTS-D181 & D86 INCLUDING MONROE ELEMENTARY
AND HINSDALE CENTRAL HIG SCHOOL. DON'T MISS OUT ON THE CHANCE TO
MAKE YOUR MARK IN THIS IDYLLIC SETTING.
Unit Size
-
Days on Market
-
Land Size
1.40 acres
Price per sqft
-
Property Type
Land
Property Taxes
$921
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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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: 2 years ago (MRED MLS #12161272)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Nov 20, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 11, 2024 | Listed by Compass | $1,499,000 | |
| Listed by Compass | |||
| May 6, 2024 | Listed by Compass | $1,700,000 | |
| Listed by Compass | |||
| | |||
|
EXTRAORDINARY OPPORTUNITY AWAITS AT 3605 MADISON STREET IN OAK BROOK. THIS EXPANSIVE 1.4-ACRE LOT OFFERS THE PERFECT CANVAS TO BRING YOUR DREAM HOME TO LIFE IN THE BEAUTIFUL FULLERSBURG AREA OF OAK BROOK. CRAFT A TRUE LUXURY CUSTOM HOME IN A SECLUDED AND TRANQUIL NATURAL SETTING, SURROUNDED BY MAJESTIC TREES THAT WILL ADD TO THE ALLURE OF YOUR NEW RESIDENCE. EMBRACE THE SERENITY OF THIS LOCATION, WITH CONVENIENT PROXIMITY TO THE FOREST PRESERVE, NATURE TRAILS, HORSEBACK RIDING OR BIKING TRAILS. WHILE YOU'LL FEEL A WORLD AWAY, YOU'RE JUST MINUTES FROM DOWNTOWN HINSDALE, OAK BROOK CENTER FOR SHOPPING & DINING, AND RENOWNED GOLF COURSES, WITH EASY ACCESS TO AIRPORTS FOR YOUR TRAVEL CONVENIENCE. ENJOY THE BENEFITS OF LOWER OAK BROOK TAXES WHILE BEING IN THE HIGHLY REGARDED HINSDALE SCHOOL DISTRICTS-D181 & D86 INCLUDING MONROE ELEMENTARY AND HINSDALE CENTRAL HIG SCHOOL. DON'T MISS OUT ON THE CHANCE TO MAKE YOUR MARK IN THIS IDYLLIC SETTING.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Oak Brook
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Listed by: Kris Berger, Compass
Last Updated: 2 years ago
Data Source: MRED, MLS# 12161272
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.
Last Updated: 2 years ago
Data Source: MRED, MLS# 12161272
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