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Glen Ellyn 60137
492 Longfellow Avenue
$540,000
● House - Off Market

492 Longfellow Avenue

Glen Ellyn, IL 60137
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,838 Ft²
$3,569
Est. Monthly
5.74%
Cap Rate

About This Property

Adorable Cape Code with a ton of charm and ++ curb appeal! 4 bedrooms, 2 baths (1st floor bedrooms!). Walkout basement. Beautiful yard! Great location! Great schools. Don't miss this terrific opportunity!
Unit Size
2,838 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$194
Property Type
House
Property Taxes
$868
HOA Dues
-
Year Built
1960

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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 #12052056)

Price History

Date / Event Date Event Price
Jul 15, 2024 Sold
Premium
Sold
May 9, 2024 Listed by eXp Realty, LLC $550,000
Listed by eXp Realty, LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,092
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 170
  • Lot Size Frontage Feet: 61
  • Total Building Area: 2,838
  • Gross Building Area: 2,838
  • Building Area: 1,746
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,746
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THAINS ADD
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: DAVIDSONS DIVISION OF LOT 8 & S 35 FT LT 7 BLK 7 IN THAINS ADD TO GLEN ELLYN IN SW 1/4 SEC 12 39 10

Neighborhood

  • School District Name: Glen Ellyn School District 41
  • School Tax School District: GLEN ELLYN
  • Census Tract: 842100

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3025-D5
  • Parcel: 05-12-307-019
  • Block: 7
  • Lot: 8,7
  • Municipality: MILTON
  • Latitude: 41.8776
  • Longitude: -88.0502

    Address

  • Full Address: 492 Longfellow Ave
  • Address - House Number: 492
  • Address - Street Name: Longfellow
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Glen Ellyn
  • Carrier Code: C031
  • 4-Digit Zip Code: 4770
  • Zip Code: 60137

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,041,784
  • Tax Rate Code Area: 5036

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 553,444
  • High Value: 640,438
  • Low Value: 466,450

    Market Valuation

  • Market Total Value: $435,420
  • Market Land Value: $112,020
  • Market Improvement Value: $323,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $145,140
  • Assessed Land Value: $37,340
  • Assessed Improvements Value: $107,800

    Exemptions

  • Homeowner Exemption: Yes
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 Glen Ellyn

Stats & Trends

Median Asking:

$559,950

Sale Price/ft²

$307

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2449 ft²

Average Home Age

51 years

Currently For Sale

46 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 361 Bryant Avenue, Glen Ellyn, IL, 60137

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,737 ft²
361 Bryant Avenue, Glen Ellyn, IL, 60137 Listing by David Gust
Unit for rent at 409 Hillcrest Lane, Lombard, IL, 60148

$3,750 /mo

  • 4 Beds
  • 3 Baths
  • 2,191 ft²
409 Hillcrest Lane, Lombard, IL, 60148 Listing by Celena Le

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kimberley Saccomonto, eXp Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 12052056
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 492 Longfellow Avenue built and last sold?
The property at 492 Longfellow Avenue was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 492 Longfellow Avenue is $0.
What are some comparable homes to 492 Longfellow Avenue?
There are currently no comparable homes to 492 Longfellow Avenue.
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