When was property at 498 West Walnut Avenue built and last sold?

The property at 498 West Walnut Avenue was built in 1963 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 498 West Walnut Avenue is $384,239.

What are some comparable homes to 498 West Walnut Avenue?

There are currently no comparable homes to 498 West Walnut Avenue.

Des Plaines

60016

498 W Walnut Avenue

$425,000

● House - Off Market

498 W Walnut Avenue

Des Plaines, IL 60016

3 Beds

2 Baths

1,440 Ft²

$2,395

Est. Monthly

6.55%

Cap Rate

About This Property

Centrally located 3 bedrooms, 2 bath home offers ample space with versatile layout. Main level features spacious living room with newer blinds which flows into dining room. Kitchen has newer electric cooktop installed in January 2023 and eating area. Upper floor leads to three bedrooms, including generous walk-in closet in primary bedroom which may be an easy conversion to add an ensuite bathroom. Lower level is finished with huge family room, full bath, laundry area and storage. Hot water heater replaced May 2023. Manicured landscaping, large backyard, oversized 2 1/2 car garage ready for your boat or recreational vehicle which can fit next to your car. Close proximity to park, shopping, OHare airport, I 90, I 294, and Union Pacific Northwest Metra stops: Cumberland and Des Plaines. Good bones, needs updates, move in - update later. Sold as-is.

Unit Size

1,440 Ft²

Days on Market

Land Size

Price per sqft

$264

Property Type

House

Property Taxes

$529

HOA Dues

Year Built

1963

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #12095021)

Price History

Date / Event	Date	Event
Aug 14, 2024	Sold	Premium
Sold
Jul 15, 2024	In contract	-
In contract
Jul 10, 2024	Listed by Coldwell Banker Realty	$380,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1963

Effective Year Built: 1963
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 41
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Living Units: 1
Floor Cover: 0
Basement Type: 3
Basement Area: 0
Garage Type: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,800

Total Building Area: 1,262
Gross Building Area: 1,262
Building Area: 1,262
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 24
Heated Square Feet: 1,262
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: WAYCINDEN PARK
Land Acres: 0000000202
Standard Land Use Code: 1001
County Land Use Code: 2-34

Neighborhood

School District Name: Township High School District 214

Census Tract: 805111

Geography

District: 16

Parcel: 08-24-108-009-0000
Block: 5
Lot: 17
Meridian: SEC 24 TWN 41N RNG 11E
Municipality: ELK GROVE
Latitude: 42.0351
Longitude: -87.9326

Address

Full Address: 498 W Walnut Ave

Address - House Number: 498
Street Direction: W
Address - Street Name: Walnut
Address - Suffix Type: Ave
State: IL
City Name: Des Plaines
Carrier Code: C018
4-Digit Zip Code: 5816
Zip Code: 60016

Valuation

Tax

Tax Year: 2022

Tax Amount: $601,854
Tax Rate Code Area: 16042

Appraisal Valuation

Standard Deviation: 0.2283

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 389,591
High Value: 478,551
Low Value: 300,632

Market Valuation

Market Total Value: $310,000

Market Land Value: $79,200
Market Improvement Value: $230,800

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $31,000
Assessed Land Value: $7,920
Assessed Improvements Value: $23,080

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

Average Home Size

1634 ft²

Average Home Age

52.1 years

Currently For Sale

104 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

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4 Baths
1,422 ft²

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$2,750 /mo

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Listed by: Matthew Litzenberger, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 12095021

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.

498 W Walnut Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Des Plaines

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions