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Wheaton 60187
429 Parkway Drive
$985,000
● House - Off Market

429 Parkway Drive

Wheaton, IL 60187
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,264 Ft²
$6,397
Est. Monthly
2.34%
Cap Rate

About This Property

SOLD IN THE PRIVATE NETWORK. Simply move-in to this newer construction home!  Enjoy the convenience of being a quick walk to school, Northside Park and all that the vibrant downtown has to offer.  4 bedrooms on the second level. Loads of updates / upgrades throughout.  Finished basement.
Unit Size
3,264 Ft²
Days on Market
-
Land Size
-
Price per sqft
$305
Property Type
House
Property Taxes
$1,511
HOA Dues
-
Year Built
2008

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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,461
  • Garage Type: 1
  • Garage Square Area: 598
  • Parking Space Count: 3
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 150
  • Lot Size Frontage Feet: 100
  • Total Building Area: 5,323
  • Gross Building Area: 5,323
  • Building Area: 3,264
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,264
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DURABLE CONST HAWTHORNE RANCHLAND ADD
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: DURABLE CONST HAWTHORNE RANCHLAND ADD

Neighborhood

  • School District Name: Community Unit School District 200
  • School Tax School District: DISTRICT 200
  • Census Tract: 841801

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3024-D4
  • Parcel: 05-09-215-014
  • Lot: 87
  • Municipality: MILTON
  • Latitude: 41.8812
  • Longitude: -88.0998

    Address

  • Full Address: 429 Parkway Dr
  • Address - House Number: 429
  • Address - Street Name: Parkway
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Wheaton
  • Carrier Code: C002
  • 4-Digit Zip Code: 3616
  • Zip Code: 60187

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,766,878
  • Tax Rate Code Area: 5012

    Appraisal Valuation

  • Standard Deviation: 0.1526
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 897,294
  • High Value: 1,034,275
  • Low Value: 760,313

    Market Valuation

  • Market Total Value: $783,390
  • Market Land Value: $107,070
  • Market Improvement Value: $676,320

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $261,130
  • Assessed Land Value: $35,690
  • Assessed Improvements Value: $225,440

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 30, 2006
  • Current Sale Recording Date: Apr 07, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: R2006-064338

    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 Wheaton

Stats & Trends

Median Asking:

$469,900

Sale Price/ft²

$276

Below Asking

0.01%

Average Days on Market

37

Average Home Size

1819 ft²

Average Home Age

54.9 years

Currently For Sale

77 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 507 W Wesley Street, Wheaton, IL, 60187

$3,300 /mo

  • 3 Beds
  • 2 Baths
  • 2,063 ft²
507 W Wesley Street, Wheaton, IL, 60187 Listing by Erica Williams
Unit for rent at 107 N Pierce Avenue, Wheaton, IL, 60187

$3,400 /mo

  • 5 Beds
  • 2 Baths
  • 1,800 ft²
107 N Pierce Avenue, Wheaton, IL, 60187 Listing by Liz Ruiz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Julie Schwager, @properties Christie's International Real Estate
Data Source: MRED, MLS# MRD12157001
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 429 Parkway Drive built and last sold?
The property at 429 Parkway Drive was built in 2008 and last sold on Mar 30, 2006 for $320,000.
How much is this home worth?
The estimated value of the home located at 429 Parkway Drive is $0.
What are some comparable homes to 429 Parkway Drive?
There are currently no comparable homes to 429 Parkway Drive.
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