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Wheeling 60090
407 Shawn Court
$525,000
● House - Off Market

407 Shawn Court

Wheeling, IL 60090
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,000 Ft²
$505,695
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Newly rehabbed Brick and Cedar Siding Home. Cul-de-sac location. Completed Interiors/Exteriors 2016-2017. Amazing modern finishes, meticulous attention to craftsmanship and details. Open concept layout kitchen with white Modern Cabinetry, Quartz Countertops, Stainless Steel appliance package and a gorgeous touch of modern backsplash. Family area has a wood burning fireplace with gas starter. Custom Bathrooms. Master bathroom double shower with body sprays. White oak with dark stain Hardwood floors throughout. 2 Separate Heating Systems. Each Level equiped with thermostat for better efficiency. 2 Electronic Air Cleaners, 2 Steam Humidifiers. Exterior Walls spray foam insulation. 2 car garage with Oversized   driveway to fit 4 cars. Easy access to shopping and entertainment.
Unit Size
3,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$167
Property Type
House
Property Taxes
$742
HOA Dues
-
Year Built
1977

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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 #11392532)

Price History

Date / Event Date Event Price
Jun 10, 2022 Sold
Premium
Sold
May 3, 2022 Listed by Unlimited Realty Inc $499,900
Listed by Unlimited Realty Inc

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,925
  • Total Building Area: 2,256
  • Gross Building Area: 2,256
  • Building Area: 2,256
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,256
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRENDS BROWNSTONE MANOR PHASE1
  • Land Acres: 0000000159
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: NEW (TRENDS) (BROWNSTONE) MANOR (PHASE1) SUB OF N 302 .82 FT OF E 330 FT OF SE SE SEC 15-42-11

Neighborhood

  • School District Name: Prospect Heights School District 23
  • Census Tract: 803014

Geography

  • District: 38
  • Subdivision Phase Number: 1
  • Parcel: 03-15-402-027-0000
  • Lot: 28
  • Meridian: SEC 15 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1129
  • Longitude: -87.9281

    Address

  • Full Address: 407 Shawn Ct
  • Address - House Number: 407
  • Address - Street Name: Shawn
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Wheeling
  • Carrier Code: C011
  • 4-Digit Zip Code: 5919
  • Zip Code: 60090

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $902,975
  • Tax Rate Code Area: 38022

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 439,068
  • High Value: 539,325
  • Low Value: 338,811

    Market Valuation

  • Market Total Value: $351,870
  • Market Land Value: $76,180
  • Market Improvement Value: $275,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,187
  • Assessed Land Value: $7,618
  • Assessed Improvements Value: $27,569

    Sales

  • Current Sale Contract Date: Jun 09, 2022
  • Current Sale Recording Date: Jun 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 46089
  • Previous Sale Recording Date: Oct 21, 2014
  • Previous Sale Contract Date: Oct 17, 2014
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: ADJ
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 Wheeling

Stats & Trends

Median Asking:

$317,950

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1464 ft²

Average Home Age

46.9 years

Currently For Sale

61 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 700 N Maple Street, Prospect Heights, IL, 60070

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 4,400 ft²
700 N Maple Street, Prospect Heights, IL, 60070 Listing by Carolyn Goodman

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Lawrence Zukas, Unlimited Realty Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11392532
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 407 Shawn Court built and last sold?
The property at 407 Shawn Court was built in 1977 and last sold on Jun 9, 2022 for $525,000.
How much is this home worth?
The estimated value of the home located at 407 Shawn Court is $515,492.
What are some comparable homes to 407 Shawn Court?
There are currently no comparable homes to 407 Shawn Court.
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