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Rolling Meadows 60008
3605 Wren Lane
$285,000
● House - Off Market

3605 Wren Lane

Rolling Meadows, IL 60008
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,619 Ft²
$2,050
Est. Monthly
13.18%
Cap Rate

About This Property

Truly incredible opportunity to add your personal touches to this sprawling 4-bed, 2-bath ranch home in the heart of Rolling Meadows!  This home offers a large living room; eat-in kitchen with loads of storage and counter space; a dramatic family room with vaulted ceilings, skylights, a cozy fireplace and sliding doors to the back yard; spacious bedrooms; 2 full baths; and a detached 2-car garage.  This is a must see!  Sold as-is.  No survey.
Unit Size
1,619 Ft²
Days on Market
-
Land Size
-
Price per sqft
$173
Property Type
House
Property Taxes
$675
HOA Dues
-
Year Built
1957

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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.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,667
  • Total Building Area: 1,619
  • Gross Building Area: 1,619
  • Building Area: 1,619
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,619
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING MEADOWS UNIT13
  • Land Acres: 0000000199
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (ROLLING)(MEADOWS)(UNIT13) A SUB IN SH SEC 36-42-10

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 804000

Geography

  • District: 29
  • Parcel: 02-36-407-033-0000
  • Lot: 2113
  • Meridian: SEC 36 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.0725
  • Longitude: -88.0126

    Address

  • Full Address: 3605 Wren Ln
  • Legal Unit: 13
  • Address - House Number: 3605
  • Address - Street Name: Wren
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Rolling Meadows
  • Carrier Code: C008
  • 4-Digit Zip Code: 2861
  • Zip Code: 60008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $792,449
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 29015

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 278,529
  • High Value: 306,690
  • Low Value: 250,367

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $47,670
  • Market Improvement Value: $222,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $4,767
  • Assessed Improvements Value: $22,233

    Sales

  • Current Sale Contract Date: Feb 16, 2024
  • Current Sale Recording Date: Mar 08, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 11191
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 Rolling Meadows

Stats & Trends

Median Asking:

$354,870

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1367 ft²

Average Home Age

52.2 years

Currently For Sale

40 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 101 N Yale Avenue, Arlington Heights, IL, 60005

$3,700 /mo

  • 3 Beds
  • 2 Baths
  • 2,166 ft²
101 N Yale Avenue, Arlington Heights, IL, 60005 Listing by Joanna Wieclaw

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Anthony Disano, Parkvue Realty Corporation
Data Source: MRED, MLS# MRD11950454
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 3605 Wren Lane built and last sold?
The property at 3605 Wren Lane was built in 1957 and last sold on Feb 16, 2024 for $285,000.
How much is this home worth?
The estimated value of the home located at 3605 Wren Lane is $0.
What are some comparable homes to 3605 Wren Lane?
There are currently no comparable homes to 3605 Wren Lane.
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