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Rolling Meadows 60008
3911 Wilke Road
$385,000
● House - Off Market

3911 Wilke Road

Rolling Meadows, IL 60008
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,308 Ft²
$408,088
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Location, location, location! This fabulous, centrally located, two-story home was completely renovated in 2005 with the addition of a second floor! The beautiful kitchen is a cook's dream with granite counters, stainless steel appliances, double ovens, and a ton of storage! The second-story addition contains 4 bedrooms, and 3 full bathrooms, and features a second-floor laundry! The second-floor laundry room is plumbed for two sets of stackable washers and dryers and can be converted into a walk-in closet for the ensuite primary bedroom! The first floor also has a full bathroom as well as a large family room and a den that can also double as an office. The attic was built with a 7-foot ceiling and can be finished for an additional playroom or office space! The fully fenced yard is perfect for play and relaxation!
Unit Size
2,308 Ft²
Days on Market
-
Land Size
-
Price per sqft
$169
Property Type
House
Property Taxes
$637
HOA Dues
-
Year Built
1961

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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.

Last updated: 3 years ago (MRED MLS #11637440)

Price History

Date / Event Date Event Price
Oct 24, 2022 Sold
Premium
Sold
Sep 23, 2022 Listed by Keller Williams Success Realty $390,000
Listed by Keller Williams Success Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,308
  • Gross Building Area: 2,308
  • Building Area: 2,308
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,308
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING MEADOWS UNIT17
  • Land Acres: 0000000179
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: (ROLLING) (MEADOWS) (UNIT17) A SUB IN SH SEC 36-42-10

Neighborhood

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

Geography

  • District: 29
  • Parcel: 02-36-417-056-0000
  • Lot: 2638
  • Meridian: SEC 36 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.0685
  • Longitude: -88.0053

    Address

  • Full Address: 3911 Wilke Rd
  • Legal Unit: 17
  • Address - House Number: 3911
  • Address - Street Name: Wilke
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Rolling Meadows
  • Carrier Code: C008
  • 4-Digit Zip Code: 2955
  • Zip Code: 60008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $838,839
  • Tax Rate Code Area: 29015

    Appraisal Valuation

  • Standard Deviation: 0.1979
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 405,023
  • High Value: 485,187
  • Low Value: 324,859

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $42,900
  • Market Improvement Value: $277,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $4,290
  • Assessed Improvements Value: $27,710

    Sales

  • Current Sale Contract Date: Oct 17, 2022
  • Current Sale Recording Date: Nov 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13041
  • Previous Sale Recording Date: Jun 22, 1998
  • Previous Sale Contract Date: Jun 08, 1998
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: 71
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:

$354,750

Sale Price/ft²

$235

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1396 ft²

Average Home Age

51 years

Currently For Sale

41 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 2030 Crestwood Lane, Palatine, IL, 60067

$3,495 /mo

  • 3 Beds
  • 2 Baths
  • 1,606 ft²
2030 Crestwood Lane, Palatine, IL, 60067 Listing by Angela Lim

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Vicki Genz, Keller Williams Success Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11637440
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 3911 Wilke Road built and last sold?
The property at 3911 Wilke Road was built in 1961 and last sold on Oct 17, 2022 for $385,000.
How much is this home worth?
The estimated value of the home located at 3911 Wilke Road is $0.
What are some comparable homes to 3911 Wilke Road?
There are currently no comparable homes to 3911 Wilke Road.
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