$245,000
●
Land -
Off Market
Lot 40 Lancaster Road
St. Charles, IL 60175
Studio
0 Bath
$1,544
Est. Monthly
About This Property
Simply the best & one of the last lots listed for sale in
prestigious Silver Glen Estates, deeply nestled inside the
community! For the most discerning buyers, this large lot checks
all the boxes & sits across the street from the most valuable home
listed for sale in the community! Choose your own builder and craft
your dream home in this established neighborhood, close to shopping
& town, where listings currently range from 900K to 1.35M! Premium
corner lot where sunlight abounds - large enough for privacy with
fewer direct neighbors, more options for home configurations,
roundabout driveway option could benefit future homeowner, great
for parties and entertaining & flat enough to build without the
upheaval of land or flattening! Save tens of thousands of dollars
without the hassle of clearing trees! Stop looking at old and tired
and show off your new home with 263 feet of frontage! One corner
leads to a cul-de-sac. A new blacktop road surrounds the lot. Gas,
water & electric on site.
Unit Size
-
Days on Market
-
Land Size
1.40 acres
Price per sqft
-
Property Type
Land
Property Taxes
$316
HOA Dues
-
Year Built
-
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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 #12143869)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2025 | Listed by eXp Realty, LLC - Chicago North Ave | $250,000 | |
| Listed by eXp Realty, LLC - Chicago North Ave | |||
| | |||
|
Simply the best & one of the last lots listed for sale in prestigious Silver Glen Estates, deeply nestled inside the community! For the most discerning buyers, this large lot checks all the boxes & sits across the street from the most valuable home listed for sale in the community! Choose your own builder and craft your dream home in this established neighborhood, close to shopping & town, where listings currently range from 900K to 1.35M! Premium corner lot where sunlight abounds - large enough for privacy with fewer direct neighbors, more options for home configurations, roundabout driveway option could benefit future homeowner, great for parties and entertaining & flat enough to build without the upheaval of land or flattening! Save tens of thousands of dollars without the hassle of clearing trees! Stop looking at old and tired and show off your new home with 263 feet of frontage! One corner leads to a cul-de-sac. A new blacktop road surrounds the lot. Gas, water & electric on site.
| |||
| Feb 25, 2025 | Sold | ||
| Sold | |||
| Feb 24, 2025 | No longer available | - | |
| No longer available | |||
| Jan 30, 2025 | In contract | - | |
| In contract | |||
| Aug 21, 2024 | Listed by eXp Realty, LLC - Chicago North Ave | $250,000 | |
| Listed by eXp Realty, LLC - Chicago North Ave | |||
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About Kane
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Listed by: Ryan Widerberg, eXp Realty, LLC - Chicago North Ave
Last Updated: 2 years ago
Data Source: MRED, MLS# 12143869
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# 12143869
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