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Addison 60101
417 Wilson Lane
$465,000
● House - Off Market

417 Wilson Lane

Addison, IL 60101
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,485 Ft²
$463,270
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Fabulous Split Level, in sought after neighborhood!  Newer kitchen with European expresso cabinets, granite counter tops, SS appliances, and  New ceramic tile floor.  Open Living room and Dining room with Luxury Vinyl Plank flooring and beautiful brick electric fireplace.  3 nice size bedrooms all with hardwood flooring. 2 updated spa like bathrooms.  Finished lower level with spacious family room. All new ceramic tile flooring. Mud room that leads out to back yard. Nice size yard  for summer entertainment above ground pool. New patio for  seating area. New electric service in 2021, new cement double driveway, 2 car attached garage. Newer items windows,gutters,siding,furnace and a/c.  Don't miss out on a Turnkey property!
Unit Size
1,485 Ft²
Days on Market
-
Land Size
-
Price per sqft
$313
Property Type
House
Property Taxes
$651
HOA Dues
-
Year Built
1968

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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 #11858197)

Price History

Date / Event Date Event Price
Oct 13, 2023 Sold
Premium
Sold
Aug 16, 2023 Listed by Coldwell Banker Realty $465,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 123
  • Lot Size Frontage Feet: 68
  • Total Building Area: 2,598
  • Gross Building Area: 2,598
  • Building Area: 2,598
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,118
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: WILSONS SUBDIVISION
  • Land Acres: 0000000190
  • Standard Land Use Code: 0532
  • County Land Use Code: L
  • 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

  • Parcel: 03-20-408-016
  • Lot: 14
  • Municipality: ADDISON
  • Latitude: 41.935
  • Longitude: -88.0072

    Address

  • Full Address: 417 N Wilson Ln
  • Address - House Number: 417
  • 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: $780,828
  • Tax Rate Code Area: 3033

    Market Valuation

  • Market Total Value: $318,060
  • Market Land Value: $108,270
  • Market Improvement Value: $209,790

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $106,020
  • Assessed Land Value: $36,090
  • Assessed Improvements Value: $69,930

    Sales

  • Current Sale Contract Date: Oct 13, 2023
  • Current Sale Recording Date: Oct 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 67893
  • Previous Sale Recording Date: Apr 07, 2020
  • Previous Sale Contract Date: Mar 25, 2020
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: 71

    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 Addison

Stats & Trends

Median Asking:

$399,950

Sale Price/ft²

$221

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1879 ft²

Average Home Age

40.8 years

Currently For Sale

49 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 636 W Sunset Avenue, Villa Park, IL, 60181

$2,890 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
636 W Sunset Avenue, Villa Park, IL, 60181 Listing by Oskar Wiatr

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Karen Wright, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11858197
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 417 North Wilson Lane built and last sold?
The property at 417 North Wilson Lane was built in 1968 and last sold on Oct 13, 2023 for $465,000.
How much is this home worth?
The estimated value of the home located at 417 North Wilson Lane is $0.
What are some comparable homes to 417 North Wilson Lane?
There are currently no comparable homes to 417 North Wilson Lane.
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