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Des Plaines 60016
450 Debra Drive
$530,000
● House - Off Market

450 Debra Drive

Des Plaines, IL 60016
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,278 Ft²
$3,387
Est. Monthly
5.04%
Cap Rate

About This Property

Buyer's financing fell through in the 12th hour, so their loss becomes your gain. Prepare to be impressed when you step into this spacious tri-level home in one of Des Plaines nicest neighborhoods. Originally a 4 bedroom home, two bedrooms were turned into a huge primary en-suite complete with a walk-in closet and oversized step-in shower. Kitchen opens to a beautiful Trex easy maintenance deck perfect for summertime fun. Amazing recreation room in the sub-basement with built in bar makes for the perfect man cave. Family room with gas log fireplace and sliders leading to your large backyard. 2.5 car attached garage adds to the appeal. Excellent location near award-winning schools, shopping and transportation. We can close quickly, so don't delay!!
Unit Size
2,278 Ft²
Days on Market
-
Land Size
-
Price per sqft
$239
Property Type
House
Property Taxes
$711
HOA Dues
-
Year Built
1965

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,320
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 640
  • Total Building Area: 1,992
  • Gross Building Area: 1,992
  • Building Area: 1,992
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,992
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGH RDG KNOLLS 07/KUNTZES
  • Land Acres: 0000000191
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-07

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 804902

Geography

  • District: 16
  • Parcel: 08-13-319-012-0000
  • Lot: 12
  • Meridian: SEC 13 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0446
  • Longitude: -87.9326

    Address

  • Full Address: 450 Debra Dr
  • Address - House Number: 450
  • Address - Street Name: Debra
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C030
  • 4-Digit Zip Code: 2613
  • Zip Code: 60016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $813,495
  • Tax Rate Code Area: 16042

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 462,992
  • High Value: 568,712
  • Low Value: 357,272

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $74,880
  • Market Improvement Value: $295,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000
  • Assessed Land Value: $7,488
  • Assessed Improvements Value: $29,512

    Sales

  • Current Sale Contract Date: Sep 10, 2003
  • Current Sale Recording Date: Oct 01, 2003
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0327414111

    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 Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1729 ft²

Average Home Age

53.1 years

Currently For Sale

117 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 11 W Prospect Avenue, Mount Prospect, IL, 60056

$3,180 /mo

  • 2 Beds
  • 1 Bath
  • 968 ft²
11 W Prospect Avenue #320, Mount Prospect, IL, 60056 Listing by Lauren Evett
Unit for rent at 384 S Wolf Road S, Des Plaines, IL, 60016

$2,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,137 ft²
384 S Wolf Road S, Des Plaines, IL, 60016 Listing by Brian Ramirez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Peter Gialamas, Century 21 Langos & Christian
Data Source: MRED, MLS# MRD12288776
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 450 Debra Drive built and last sold?
The property at 450 Debra Drive was built in 1965 and last sold on Sep 10, 2003 for $0.
How much is this home worth?
The estimated value of the home located at 450 Debra Drive is $0.
What are some comparable homes to 450 Debra Drive?
There are currently no comparable homes to 450 Debra Drive.
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