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Des Plaines 60016
410 Potter Road
$495,000
● House - Off Market

410 Potter Road

Des Plaines, IL 60016
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,288 Ft²
$520,019
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Beautifully updated 2 story home featuring 4 bedrooms, 2.5 bathrooms with attached 2 car garage in Des Plaines, minutes away from 294! This newly listed home includes, hardwood floors, new black stainless steel appliances, finished basement, and a spacious fenced in back yard with deck.
Unit Size
2,288 Ft²
Days on Market
-
Land Size
-
Price per sqft
$219
Property Type
House
Property Taxes
$728
HOA Dues
-
Year Built
1997

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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 #11437256)

Price History

Date / Event Date Event Price
Sep 2, 2022 Sold
Premium
Sold
Jun 16, 2022 Listed by Realty of Chicago LLC $500,000
Listed by Realty of Chicago LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,340
  • Total Building Area: 2,288
  • Gross Building Area: 2,288
  • Building Area: 2,288
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,288
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FREDERICH MEINSHAUSENS DIVIN OF LANDS
  • Land Acres: 0000000237
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: FREDERICH (MEINSHAUSENS) DIVIN OF LANDS IN SECS 15 16 SEC 16-41-12

Neighborhood

  • School District Name: Des Plaines Community Consolidated School District 62
  • Census Tract: 806002

Geography

  • District: 22
  • Parcel: 09-15-301-013-0000
  • Lot: 5
  • Meridian: SEC 16 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0461
  • Longitude: -87.8604

    Address

  • Full Address: 410 Potter Rd
  • Address - House Number: 410
  • Address - Street Name: Potter
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C076
  • 4-Digit Zip Code: 4883
  • Zip Code: 60016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,054,861
  • Tax Rate Code Area: 22028

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 511,108
  • High Value: 627,042
  • Low Value: 395,174

    Market Valuation

  • Market Total Value: $409,950
  • Market Land Value: $67,210
  • Market Improvement Value: $342,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,995
  • Assessed Land Value: $6,721
  • Assessed Improvements Value: $34,274

    Sales

  • Current Sale Contract Date: Aug 11, 2022
  • Current Sale Recording Date: Sep 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 57004
  • Previous Sale Recording Date: Sep 03, 1997
  • Previous Sale Contract Date: Sep 02, 1997
  • Previous Sale Amount: $173,333
  • 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 Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1729 ft²

Average Home Age

53.1 years

Currently For Sale

117 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 4144 Florence Way, Glenview, IL, 60025

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 2,100 ft²
4144 Florence Way #4144, Glenview, IL, 60025 Listing by Jina Yoonsun Park

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Alexander Partida, Realty of Chicago LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11437256
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 410 Potter Road built and last sold?
The property at 410 Potter Road was built in 1997 and last sold on Aug 11, 2022 for $495,000.
How much is this home worth?
The estimated value of the home located at 410 Potter Road is $508,603.
What are some comparable homes to 410 Potter Road?
There are currently no comparable homes to 410 Potter Road.
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