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Elmhurst 60126
511 W Utley Road
$870,000
● House - Off Market

511 W Utley Road

Elmhurst, IL 60126
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,165 Ft²
$1,001,386
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Elmhurst College View area, very lightly lived in 4 Bedroom, 3. 1 bath. Every bedroom has a walk in closet.  All 3 full baths on second floor, powder room on first floor.  Hardwood floors throughout , new custom lighting. Gorgeous window treatments , including custom Alta roller shades with soft white light filtering fabric, breakfast room window shade is motorized. Plantation shutters in bedrooms.  Private fenced in yard. Impressive new front door, recently finished basement. Walkable to all that downtown Elmhurst has to offer and the fabulous Elmhurst Library, Elmhurst University and Wilder Park.
Unit Size
3,165 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$276
Property Type
House
Property Taxes
$1,500
HOA Dues
-
Year Built
2006

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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 #11138411)

Price History

Date / Event Date Event Price
Aug 31, 2021 Sold
Premium
Sold
Jun 29, 2021 Listed by @properties $875,000
Listed by @properties

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 28
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,649
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 131
  • Lot Size Frontage Feet: 59
  • Total Building Area: 4,814
  • Gross Building Area: 4,814
  • Building Area: 3,165
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 24
  • Heated Square Feet: 3,165
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BERRYS COLLEGE VIEW
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: BERRYS COLLEGE VIEW TER

Neighborhood

  • School District Name: Elmhurst School District 205
  • School Tax School District: DISTRICT 205
  • Census Tract: 843000

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3027-C2
  • Parcel: 06-02-300-010
  • Lot: 305
  • Municipality: YORK
  • Latitude: 41.896
  • Longitude: -87.9589

    Address

  • Full Address: 511 W Utley Rd
  • Address - House Number: 511
  • Street Direction: W
  • Address - Street Name: Utley
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Elmhurst
  • Carrier Code: C012
  • 4-Digit Zip Code: 3261
  • Zip Code: 60126

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,712,842
  • Tax Rate Code Area: 6046

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 945,948
  • High Value: 1,094,638
  • Low Value: 797,258

    Market Valuation

  • Market Total Value: $865,410
  • Market Land Value: $240,300
  • Market Improvement Value: $625,110

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $288,470
  • Assessed Land Value: $80,100
  • Assessed Improvements Value: $208,370

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Sep 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021-136298
  • Previous Sale Recording Date: Oct 02, 2015
  • Previous Sale Contract Date: Sep 08, 2015
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Elmhurst

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$367

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2708 ft²

Average Home Age

44.4 years

Currently For Sale

81 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 966 S Iowa Avenue, Addison, IL, 60101

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,521 ft²
966 S Iowa Avenue, Addison, IL, 60101 Listing by John Szurzynski
Unit for rent at 607 N Van Auken Street, Elmhurst, IL, 60126

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,823 ft²
607 N Van Auken Street, Elmhurst, IL, 60126 Listing by Luis Lopez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Maria Gracik, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11138411
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 511 West Utley Road built and last sold?
The property at 511 West Utley Road was built in 2006 and last sold on Aug 31, 2021 for $870,000.
How much is this home worth?
The estimated value of the home located at 511 West Utley Road is $0.
What are some comparable homes to 511 West Utley Road?
There are currently no comparable homes to 511 West Utley Road.
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