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DuPage 60101
4N290 Walter Road
$190,000
● Land - Off Market

4N290 Walter Road

Addison, IL 60101
bedrooms
Studio
bathrooms
0 Bath
$1,142
Est. Monthly
4.53%
Cap Rate

About This Property

Wanting a secluded in-town lot to build your dream home on?  This is the one for you!  Situated on 1.17 acres of level land with lots of trees around the perimeter.  This is set back 335 feet from the road on a flag lot. No limitation on size or style of house here! Plat of survey under additional information
Unit Size
-
Days on Market
-
Land Size
1.17 acres
Price per sqft
-
Property Type
Land
Property Taxes
$209
HOA Dues
-
Year Built
-

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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 #12011252)

Price History

Date / Event Date Event Price
May 15, 2024 Sold
Premium
Sold
Mar 21, 2024 Listed by Baird & Warner $189,900
Listed by Baird & Warner

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,965
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLD ARMY TRAIL ESTATES
  • Land Acres: 0000001170
  • Standard Land Use Code: 1000
  • County Land Use Code: S
  • Legal Description 1: OLD ARMY TRAIL ESTATES N 1/2 /EX E 335.08FT S 130FT THEREOF/

Neighborhood

  • School District Name: Marquardt School District 15
  • School Tax School District: BLOOMINGDALE
  • Census Tract: 840907

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2969-D4
  • Parcel: 02-23-400-047
  • Lot: 11
  • Municipality: BLOOMINGDALE
  • Latitude: 41.9384
  • Longitude: -88.0559

    Address

  • Full Address: 4n290 Walter Rd
  • Address - House Number: 4n290
  • Address - Street Name: Walter
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Addison
  • Carrier Code: R002
  • 4-Digit Zip Code: 1439
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $250,488
  • Tax Rate Code Area: 2007

    Appraisal Valuation

  • Standard Deviation: 0.0841
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 93
  • Final Value: 755,316
  • High Value: 818,906
  • Low Value: 691,726

    Market Valuation

  • Market Total Value: $86,550
  • Market Land Value: $86,550

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,850
  • Assessed Land Value: $28,850

    Sales

  • Current Sale Contract Date: Nov 06, 1998
  • Current Sale Recording Date: Dec 07, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R98-256354
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 DuPage

Stats & Trends

Median Asking:

$449,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2307 ft²

Average Home Age

42.4 years

Currently For Sale

1523 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

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MRED

Listed by: Dawn Larsen, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 12011252
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 4N290 Walter Road built and last sold?
The property at 4N290 Walter Road was built in and last sold on Nov 6, 1998 for $68,000.
How much is this home worth?
The estimated value of the home located at 4N290 Walter Road is $191,799.
What are some comparable homes to 4N290 Walter Road?
There are currently no comparable homes to 4N290 Walter Road.
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