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Des Plaines 60018
411 W Algonquin Road
$350,000
● Land - Off Market

411 W Algonquin Road

DES PLAINES, IL 60016
bedrooms
Studio
bathrooms
0 Bath
$634,506
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

***ATTENTION BUILDERS*** LISTED AT APPRAISED VALUE*** VALUE IS IN THE LAND- HOUSE IS A TEAR- DOWN. HIGHLY DESIRABLE LOCATION ADJACENT TO FRIENDSHIP PARK CONSERVATORY! CURRENTLY ZONED RESIDENTIAL.
Unit Size
-
Days on Market
-
Land Size
0.62 acres
Price per sqft
-
Property Type
Land
Property Taxes
$524
HOA Dues
-
Year Built
1953

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Cap Rate Calculator

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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: 3 years ago (MRED MLS #09753153)

Price History

Date / Event Date Event Price
Nov 3, 2017 Sold
Premium
Sold
Sep 16, 2017 Listed by RE/MAX Unlimited Northwest $400,000
Listed by RE/MAX Unlimited Northwest

Property Highlights

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,007
  • Total Building Area: 1,044
  • Gross Building Area: 1,044
  • Building Area: 1,044
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,044
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Land Acres: 0000000620
  • Standard Land Use Code: 9000
  • County Land Use Code: EX

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 805112

Geography

  • District: 16
  • Parcel: 08-24-400-003-0000
  • Meridian: SEC 24 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0299
  • Longitude: -87.9304

    Address

  • Full Address: 411 W Algonquin Rd
  • Address - House Number: 411
  • Street Direction: W
  • Address - Street Name: Algonquin
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C015
  • 4-Digit Zip Code: 5701
  • Zip Code: 60016

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $680,327
  • Tax Rate Code Area: 16042

    Market Valuation

  • Market Total Value: $243,430
  • Market Land Value: $135,030
  • Market Improvement Value: $108,400

    Assessments Valuation

  • Assessed Year: 2023
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

1696 ft²

Average Home Age

50.9 years

Currently For Sale

107 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

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MRED

Listed by: Nadine Pomilia, RE/MAX Unlimited Northwest
Last Updated: 3 years ago
Data Source: MRED, MLS# 09753153
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 411 West Algonquin Road built and last sold?
The property at 411 West Algonquin Road was built in 1953 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 411 West Algonquin Road is $404,000.
What are some comparable homes to 411 West Algonquin Road?
There are currently no comparable homes to 411 West Algonquin Road.
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