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Carpentersville 60110
500 Apache Avenue
$245,000
● House - Off Market

500 Apache Avenue

Carpentersville, IL 60110
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,036 Ft²
$1,422
Est. Monthly
12.06%
Cap Rate

About This Property

***MULTIPLE OFFERS RECEIVED, HIGHEST & BEST DUE BY FRIDAY JANUARY 5TH AT 11AM***Completely updated ranch style home located in a great Carpentersville neighborhood. The brand new kitchen features shaker style white cabinets with soft close doors / drawers, limited countertops and stainless steel appliances. Most everything in this 1036 S.F., 3 bedroom, 1 bathroom home is brand new. The updates include new roof, exterior doors, two beautiful bay windows, front sidewalk, landscaping, furnace, central air conditioning system, kitchen, bathroom, wood laminate floors, carpet, paint, light fixtures and much more. Schedule your showing today!
Unit Size
1,036 Ft²
Days on Market
-
Land Size
-
Price per sqft
$231
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1957

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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 #11953841)

Price History

Date / Event Date Event Price
Feb 14, 2024 Sold
Premium
Sold
Jan 2, 2024 Listed by RE/MAX All Pro - St Charles $239,000
Listed by RE/MAX All Pro - St Charles

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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
  • Floor Count: 100
  • 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: 7,561
  • Total Building Area: 1,036
  • Gross Building Area: 1,036
  • Building Area: 1,036
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,036
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GOLFVIEW HIGHLANDS
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: LOT 19 BLOCK 24 SUB OF OUTLOT B OF OUTLOT A UNIT 5 OF GOLFVIEW HIGHLANDS SUBDIVISION: GOLFVIEW HIGHLANDS RANGE CODE: 8 E TWSHP 42N

Neighborhood

  • School District Name: Barrington Community Unit School District 220
  • Census Tract: 850101

Geography

  • Parcel: 03-12-253-038
  • Block: 24
  • Lot: 19
  • Municipality: DUNDEE
  • Latitude: 42.1344
  • Longitude: -88.2439

    Address

  • Full Address: 500 Apache Ave
  • Legal Unit: 5
  • Address - House Number: 500
  • Address - Street Name: Apache
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Carpentersville
  • Carrier Code: C007
  • 4-Digit Zip Code: 1338
  • Zip Code: 60110

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $295,680
  • Tax Rate Code Area: DU036

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 83
  • Final Value: 207,267
  • High Value: 236,058
  • Low Value: 178,477

    Market Valuation

  • Market Total Value: $136,321
  • Market Land Value: $33,899
  • Market Improvement Value: $102,422

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,422
  • Assessed Land Value: $11,295
  • Assessed Improvements Value: $34,127

    Sales

  • Current Sale Contract Date: Jan 29, 2024
  • Current Sale Recording Date: Feb 15, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 5067
  • Previous Sale Recording Date: Oct 31, 2023
  • Previous Sale Contract Date: Oct 30, 2023
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: 55
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 Carpentersville

Stats & Trends

Median Asking:

$297,000

Sale Price/ft²

$210

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1505 ft²

Average Home Age

42.8 years

Currently For Sale

27 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 205 Caddy Avenue, Carpentersville, IL, 60110

$2,500 /mo

  • 3 Beds
  • 1 Bath
205 Caddy Avenue, Carpentersville, IL, 60110 Listing by Frank Sevcik

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ashley Ratliff, RE/MAX All Pro - St Charles
Last Updated: 3 years ago
Data Source: MRED, MLS# 11953841
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 500 Apache Avenue built and last sold?
The property at 500 Apache Avenue was built in 1957 and last sold on Jan 29, 2024 for $245,000.
How much is this home worth?
The estimated value of the home located at 500 Apache Avenue is $242,045.
What are some comparable homes to 500 Apache Avenue?
There are currently no comparable homes to 500 Apache Avenue.
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