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Warrenville 60555
3S062 Timber Drive
$223,000
● House - Off Market

3S062 Timber Drive

Warrenville, IL 60555
bedrooms
1 Bed
bathrooms
1 Bath, 1 Half Bath
square feet
1,286 Ft²
$1,737
Est. Monthly
$283
HOA / Fees
9.40%
Cap Rate

About This Property

Welcome Home to this inviting one-bedroom townhome in the desirable Timber Creek community. Featuring a generously sized loft, this home offers versatile living spaces to suit your lifestyle. Key Features are convenient first-floor laundry, attached two-car garage, new windows, open-Concept Layout, and a private patio and balcony for relaxation. Located just minutes from I-88 and Route 59, this home offers easy access to dining, shopping, and more. Experience the perfect blend of comfort and convenience in Timber Creek.
Unit Size
1,286 Ft²
Days on Market
-
Land Size
-
Price per sqft
$178
Property Type
House
Property Taxes
$329
HOA Dues
$283
Year Built
1990

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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

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 378
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 1,286
  • Gross Building Area: 1,286
  • Building Area: 1,286
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,286
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBER CREEK CONDO
  • Land Acres: 0000000310
  • Standard Land Use Code: 1004
  • County Land Use Code: R
  • Legal Description 1: TIMBER CREEK CONDO UNIT 10-A 1.0382 PERCENT COM INT

Neighborhood

  • School District Name: Community Unit School District 200
  • School Tax School District: DISTRICT 200
  • Census Tract: 841607

Zoning

  • Zoning: R

Geography

  • Parcel: 04-34-124-033
  • Lot: M
  • Municipality: WINFIELD
  • Latitude: 41.8274
  • Longitude: -88.1989

    Address

  • Full Address: 3s062 Timber Dr
  • Legal Unit: 10
  • Address - House Number: 3s062
  • Address - Street Name: Timber
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Warrenville
  • Carrier Code: R006
  • 4-Digit Zip Code: 2478
  • Zip Code: 60555

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $412,198
  • Tax Rate Code Area: 4056

    Appraisal Valuation

  • Standard Deviation: 0.1811
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 258,282
  • High Value: 305,081
  • Low Value: 211,483

    Market Valuation

  • Market Total Value: $193,590
  • Market Land Value: $20,640
  • Market Improvement Value: $172,950

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,530
  • Assessed Land Value: $6,880
  • Assessed Improvements Value: $57,650

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Oct 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021-152524
  • Previous Sale Recording Date: Jun 18, 2021
  • Previous Sale Contract Date: Jun 04, 2021
  • Previous Sale Amount: $176,500
  • 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 Warrenville

Stats & Trends

Median Asking:

$359,900

Sale Price/ft²

$236

Below Asking

0.01%

Average Days on Market

38

Average Home Size

1713 ft²

Average Home Age

23.7 years

Currently For Sale

30 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 1651 Apple Tree Lane, West Chicago, IL, 60185

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,096 ft²
1651 Apple Tree Lane, West Chicago, IL, 60185 Listing by John Ziemba
Unit for rent at 2s627 Hampton Drive, Warrenville, IL, 60555

$2,600 /mo

  • 3 Beds
  • 1 Bath
  • 1,580 ft²
2s627 Hampton Drive, Warrenville, IL, 60555 Listing by Jennifer Niederbrach-Soszko

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Nathan Stillwell, john greene, Realtor
Data Source: MRED, MLS# MRD12334319
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 3S062 Timber Drive built and last sold?
The property at 3S062 Timber Drive was built in 1990 and last sold on Jun 4, 2021 for $176,500.
How much is this home worth?
The estimated value of the home located at 3S062 Timber Drive is $231,290.
What are some comparable homes to 3S062 Timber Drive?
There are currently no comparable homes to 3S062 Timber Drive.
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