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Oak Brook 60523
50 Kingston Drive
$437,500
● Land - Off Market

50 Kingston Drive

OAK BROOK, IL 60523
bedrooms
Studio
bathrooms
0 Bath
$1,038,229
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

Beautiful .37 acre lot in Oak Brook's Brook Forest. Oak Brook District 53 Schools and Hinsdale Central High School. Private treed back yard. Estate Sale. Home on the lot is being sold "as is" but is in good condition. Consider building up or out or knock down and start fresh. Excellent opportunity for investors and savvy buyers. Great location close to major expressways, Golf, O'Hare & Upscale Shopping & Dining.
Unit Size
-
Days on Market
-
Land Size
0.37 acres
Price per sqft
-
Property Type
Land
Property Taxes
$532
HOA Dues
-
Year Built
1973

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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 #08954898)

Price History

Date / Event Date Event Price
Sep 18, 2015 Sold
Premium
Sold
Jun 14, 2015 Listed by Coldwell Banker Realty $585,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 795
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 2,504
  • Gross Building Area: 2,504
  • Building Area: 1,709
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,709
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROOK FOREST
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: BROOK FOREST UNIT #6

Neighborhood

  • School District Name: Butler School District 53
  • School Tax School District: OAK BROOK
  • Census Tract: 844502

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3085-C3
  • Parcel: 06-27-206-021
  • Lot: 413
  • Municipality: YORK
  • Latitude: 41.8425
  • Longitude: -87.9593

    Address

  • Full Address: 50 Kingston Dr
  • Legal Unit: 6
  • Address - House Number: 50
  • Address - Street Name: Kingston
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Oak Brook
  • Carrier Code: C029
  • 4-Digit Zip Code: 1741
  • Zip Code: 60523

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,647,260
  • Tax Rate Code Area: 6143

    Appraisal Valuation

  • Standard Deviation: 0.2084
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 524,809
  • High Value: 634,181
  • Low Value: 415,437

    Market Valuation

  • Market Total Value: $1,338,060
  • Market Land Value: $296,400
  • Market Improvement Value: $1,041,660

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $446,020
  • Assessed Land Value: $98,800
  • Assessed Improvements Value: $347,220

    Sales

  • Current Sale Contract Date: Sep 16, 2015
  • Current Sale Recording Date: Sep 24, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: R2015-106126
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 Oak Brook

Stats & Trends

Median Asking:

$1,199,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

52

Average Home Size

5985 ft²

Average Home Age

40 years

Currently For Sale

17 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: Karen Giandonato, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 08954898
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 50 Kingston Drive built and last sold?
The property at 50 Kingston Drive was built in 1973 and last sold on Sep 16, 2015 for $437,500.
How much is this home worth?
The estimated value of the home located at 50 Kingston Drive is $0.
What are some comparable homes to 50 Kingston Drive?
There are currently no comparable homes to 50 Kingston Drive.
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