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Lombard 60148
523 Aspen Drive
$445,000
● House - Off Market

523 Aspen Drive

Lombard, IL 60148
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,560 Ft²
$436,957
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Beautifully updated and ready for new owners. Gorgeous new kitchen with quartz countertops, white shaker style cabinets and all stainless appliances. All new Flooring, including warm, refinished hardwood throughout and all new carpet.  Updated bathrooms, All new interior paint, fixtures and lighting. Stunning backyard with lovely patio. Please view the 3-D tour and schedule your private showing TODAY!
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$282
Property Type
House
Property Taxes
$627
HOA Dues
$17
Year Built
1984

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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 #11857189)

Price History

Date / Event Date Event Price
Sep 19, 2023 Sold
Premium
Sold
Aug 11, 2023 Listed by Chase Real Estate LLC $439,700
Listed by Chase Real Estate LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 19
  • 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: 840
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 2,400
  • Gross Building Area: 2,400
  • Building Area: 1,560
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,560
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINEBROOK OF MILLERS MEADOW PHASE 1
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: PINEBROOK OF MILLERS MEADOW PHASE 1 ALL

Neighborhood

  • School District Name: Glenbard Township High School District 87
  • School Tax School District: LOMBARD
  • Census Tract: 844304

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3084-A1
  • Subdivision Phase Number: 1
  • Parcel: 06-19-101-040
  • Lot: 9
  • Municipality: YORK
  • Latitude: 41.854
  • Longitude: -88.0274

    Address

  • Full Address: 523 Aspen Dr
  • Address - House Number: 523
  • Address - Street Name: Aspen
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lombard
  • Carrier Code: C025
  • 4-Digit Zip Code: 4249
  • Zip Code: 60148

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $774,052
  • Tax Rate Code Area: 6149

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 409,187
  • High Value: 478,623
  • Low Value: 339,752

    Market Valuation

  • Market Total Value: $328,560
  • Market Land Value: $100,620
  • Market Improvement Value: $227,940

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $109,520
  • Assessed Land Value: $33,540
  • Assessed Improvements Value: $75,980

    Sales

  • Current Sale Contract Date: Sep 11, 2023
  • Current Sale Recording Date: Oct 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 65181
  • Previous Sale Recording Date: Apr 14, 2023
  • Previous Sale Contract Date: Mar 27, 2023
  • Previous Sale Amount: $261,000
  • Previous Sale Document Type: 71
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 Lombard

Stats & Trends

Median Asking:

$373,800

Sale Price/ft²

$246

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1723 ft²

Average Home Age

51.2 years

Currently For Sale

99 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 775 Pershing Avenue, Glen Ellyn, IL, 60137

$2,550 /mo

  • 2 Beds
  • 2 Baths
  • 1,050 ft²
775 Pershing Avenue #1B, Glen Ellyn, IL, 60137 Listing by Robert Johnson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Neil Gates, Chase Real Estate LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11857189
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 523 Aspen Drive built and last sold?
The property at 523 Aspen Drive was built in 1984 and last sold on Sep 11, 2023 for $445,000.
How much is this home worth?
The estimated value of the home located at 523 Aspen Drive is $0.
What are some comparable homes to 523 Aspen Drive?
There are currently no comparable homes to 523 Aspen Drive.
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