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Des Plaines 60016
381 W Millers Road
$405,000
● House - Off Market

381 W Millers Road

Des Plaines, IL 60016
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,220 Ft²
$2,740
Est. Monthly

About This Property

Turnkey opportunity offering flexibility for both investors and future homeowners alike. This recently remodeled home is currently tenant-occupied with the lease running through the end of July, creating immediate rental income from day one while also opening the door for future occupancy in the near term. Investors have the option to continue leasing the property as a strong income-producing asset, while owner-occupants can plan ahead and take possession once the current lease expires.    The main level features two spacious bedrooms and two full bathrooms, including a wheelchair-accessible primary suite with a no-threshold walk-in shower. The open-concept kitchen, living, and dining area offers a modern, highly functional layout ideal for both long-term rental appeal and comfortable owner occupancy.    A full basement with impressive ceiling height provides excellent potential for additional finished living space, creating upside for investors looking to increase value or homeowners wanting to expand and customize. Whether you're seeking a low-maintenance investment with immediate income, or planning ahead for your next primary residence, this property offers flexibility, functionality, and long-term potential.
Unit Size
1,220 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$332
Property Type
House
Property Taxes
$751
HOA Dues
-
Year Built
1961

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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • Exterior Walls Type: 24
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,064
  • Total Building Area: 1,220
  • Gross Building Area: 1,220
  • Building Area: 1,220
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,220
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KUNTZES HIGH RDG KNOLLS #1
  • Land Acres: 0000000231
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 804902

Geography

  • District: 16
  • Parcel: 08-13-401-007-0000
  • Block: G
  • Lot: 1
  • Meridian: SEC 13 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0418
  • Longitude: -87.9305

    Address

  • Full Address: 381 W Millers Rd
  • Address - House Number: 381
  • Street Direction: W
  • Address - Street Name: Millers
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C050
  • 4-Digit Zip Code: 2770
  • Zip Code: 60016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $823,653
  • Tax Rate Code Area: 16042

    Appraisal Valuation

  • Standard Deviation: 0.2316
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 378,411
  • High Value: 466,070
  • Low Value: 290,752

    Market Valuation

  • Market Total Value: $340,000
  • Market Land Value: $90,580
  • Market Improvement Value: $249,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,000
  • Assessed Land Value: $9,058
  • Assessed Improvements Value: $24,942

    Sales

  • Current Sale Contract Date: Sep 13, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2126355081

    Financing

  • First Mortgage Financing Type: FIX
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 381 West Millers Road built and last sold?
The property at 381 West Millers Road was built in 1961 and last sold on Sep 13, 2021 for $285,000.
How much is this home worth?
The estimated value of the home located at 381 West Millers Road is $403,428.
What are some comparable homes to 381 West Millers Road?
There are currently no comparable homes to 381 West Millers Road.