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Addison 60101
413 N Wilson Lane
$385,000
● House - Off Market

413 N Wilson Lane

Addison, IL 60101
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,186 Ft²
$399,003
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Come make this your home your own.  3 bedroom, 2 full bath on a quiet cul de sac in Addison.  This house has nice size bedrooms, a large living and dining room and a fabulous yard for entertaining.  Perfect sub basement for an extra family room.
Unit Size
2,186 Ft²
Days on Market
-
Land Size
-
Price per sqft
$178
Property Type
House
Property Taxes
$596
HOA Dues
-
Year Built
1969

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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 #11430018)

Price History

Date / Event Date Event Price
Jul 25, 2022 Sold
Premium
Sold
Jun 7, 2022 Listed by RE/MAX Destiny $390,000
Listed by RE/MAX Destiny

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 41
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 671
  • Garage Type: 1
  • Garage Square Area: 563
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 123
  • Lot Size Frontage Feet: 72
  • Total Building Area: 2,958
  • Gross Building Area: 2,958
  • Building Area: 1,724
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,724
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILSONS SUBDIVISION
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: WILSONS SUBDIVISION

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 840303

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2970-C4
  • Parcel: 03-20-408-017
  • Lot: 13
  • Municipality: ADDISON
  • Latitude: 41.9348
  • Longitude: -88.0072

    Address

  • Full Address: 413 N Wilson Ln
  • Address - House Number: 413
  • Street Direction: N
  • Address - Street Name: Wilson
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Addison
  • Carrier Code: C009
  • 4-Digit Zip Code: 2416
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $767,202
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 398,646
  • High Value: 466,782
  • Low Value: 330,509

    Market Valuation

  • Market Total Value: $330,510
  • Market Land Value: $108,270
  • Market Improvement Value: $222,240

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $110,170
  • Assessed Land Value: $36,090
  • Assessed Improvements Value: $74,080

    Sales

  • Current Sale Contract Date: Jul 25, 2022
  • Current Sale Recording Date: Aug 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 76323
  • Previous Sale Recording Date: Jan 28, 2020
  • Previous Sale Contract Date: Jan 27, 2020
  • Previous Sale Amount: $295,000
  • 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 Addison

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$222

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1971 ft²

Average Home Age

39.9 years

Currently For Sale

50 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 801 N Tamarac Boulevard, Addison, IL, 60101

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,636 ft²
801 N Tamarac Boulevard, Addison, IL, 60101 Listing by Dawn Bucaro

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Nicole Giudice, RE/MAX Destiny
Last Updated: 3 years ago
Data Source: MRED, MLS# 11430018
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 413 North Wilson Lane built and last sold?
The property at 413 North Wilson Lane was built in 1969 and last sold on Jul 25, 2022 for $385,000.
How much is this home worth?
The estimated value of the home located at 413 North Wilson Lane is $399,403.
What are some comparable homes to 413 North Wilson Lane?
There are currently no comparable homes to 413 North Wilson Lane.
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