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Carol Stream 60188
416 Burke
$352,000
● House - Off Market

416 Burke

CAROL STREAM, IL 60188
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$640,539
RealtyHop Estimate
70.81%
Since May 1, 2007
National-US
Primary Model

About This Property

Motivated Seller be in your new home for the holidays! Nothing to do but enjoy, completely remodeled! Kitchen has new oak cabinets & c.tops, up-graded appliances. Completely painted and oak trim throughout, 2 new baths & a beautiful finished basement (24X23)w/possible 5th bedroom/office. Great neighborhood close to schools and park. Owner is licensed realtor
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$550
HOA Dues
-
Year Built
1987

Payment Calculator

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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: 2 years ago (MRED MLS #06329817)

Price History

Date / Event Date Event Price
Apr 20, 2007 Sold
Premium
Sold
Nov 2, 2006 Listed by Executive Realty Group LLC $375,000
Listed by Executive Realty Group LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 18
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 743
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 660
  • Total Building Area: 2,771
  • Gross Building Area: 2,771
  • Building Area: 2,697
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 24
  • Heated Square Feet: 2,697
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BURKE FARM SUB
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: BURKE FARM SUB ALL

Neighborhood

  • School District Name: Community Consolidated School District 93
  • School Tax School District: CAROL STREAM
  • Census Tract: 841209

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2967-E4
  • Parcel: 02-19-403-003
  • Block: 2
  • Lot: 3
  • Municipality: BLOOMINGDALE
  • Latitude: 41.9329
  • Longitude: -88.1338

    Address

  • Full Address: 416 Burke Dr
  • Address - House Number: 416
  • Address - Street Name: Burke
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Carol Stream
  • Carrier Code: C024
  • 4-Digit Zip Code: 3905
  • Zip Code: 60188

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,044,282
  • Tax Rate Code Area: 2046

    Appraisal Valuation

  • Standard Deviation: 0.1666
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 452,943
  • High Value: 528,447
  • Low Value: 377,439

    Market Valuation

  • Market Total Value: $357,600
  • Market Land Value: $88,470
  • Market Improvement Value: $269,130

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $119,200
  • Assessed Land Value: $29,490
  • Assessed Improvements Value: $89,710

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 20, 2007
  • Current Sale Recording Date: May 08, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2007-085792
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 Carol Stream

Stats & Trends

Median Asking:

$360,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1424 ft²

Average Home Age

41.9 years

Currently For Sale

34 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 1780 Nautilus Lane, Hanover Park, IL, 60133

$3,200 /mo

  • 3 Beds
  • 3 Baths
  • 2,000 ft²
1780 Nautilus Lane, Hanover Park, IL, 60133 Listing by Benyamin Lalez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Executive Realty Group LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 06329817
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 416 Burke Drive built and last sold?
The property at 416 Burke Drive was built in 1987 and last sold on Apr 20, 2007 for $352,000.
How much is this home worth?
The estimated value of the home located at 416 Burke Drive is $0.
What are some comparable homes to 416 Burke Drive?
There are currently no comparable homes to 416 Burke Drive.
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