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Aurora 60506 Edgelawn Randall
523 Westgate Drive
$240,000
● House - Off Market

523 Westgate Drive

Aurora, IL 60506
bedrooms
3 Beds
bathrooms
1 Bath
$1,571
Est. Monthly
9.72%
Cap Rate

About This Property

Come and take a look at this well maintained ranch home in Aurora! This is a beautiful 3 bedroom, 1 bathroom, a 1.5 car garage home on a nice sized lot! Hardwood floors throughout the home, and a nice yard perfect for hosting BBQ's and hosting guest. Conveniently located near schools, shopping, parks, and restaurants! Book our showing today!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$295
HOA Dues
-
Year Built
1958

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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: 2 years ago (MRED MLS #12218579)

Price History

Date / Event Date Event Price
Jan 31, 2025 Sold
Premium
Sold
Dec 30, 2024 In contract -
In contract
Dec 14, 2024 Price Decreased $259,900
↓ $5K (1.9%)
Price Decreased
Nov 29, 2024 Listed by CM Realtors $264,900
Listed by CM Realtors
Jan 11, 2024 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,548
  • Lot Size Depth Feet: 1,258
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,244
  • Gross Building Area: 1,244
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTGATE PARK 2ND ADDN
  • Land Acres: 0000000173
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: WESTGATE PARK 2ND ADDN LOT 118 LOT DIMENSIONS: 60 X 125.8 APPROX LOT SQ FT 7548 SUBDIVISION: SEC 17 300S S OF IL AV RANGE CODE: 001

Neighborhood

  • School District Name: Aurora West Unit School District 129
  • Census Tract: 853006

Geography

  • Section: 17
  • Parcel: 15-17-355-015
  • Lot: 118
  • Municipality: AURORA
  • Latitude: 41.7675
  • Longitude: -88.355

    Address

  • Full Address: 523 Westgate Dr
  • Address - House Number: 523
  • Address - Street Name: Westgate
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Aurora
  • Carrier Code: C009
  • 4-Digit Zip Code: 3449
  • Zip Code: 60506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $353,422
  • Tax Rate Code Area: AU005

    Appraisal Valuation

  • Standard Deviation: 0.0882
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 92
  • Final Value: 238,604
  • High Value: 259,668
  • Low Value: 217,539

    Market Valuation

  • Market Total Value: $137,833
  • Market Land Value: $27,155
  • Market Improvement Value: $110,678

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,926
  • Assessed Land Value: $9,048
  • Assessed Improvements Value: $36,878

    Sales

  • Current Sale Contract Date: Jan 10, 2024
  • Current Sale Recording Date: Feb 02, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3592
  • Previous Sale Recording Date: Nov 14, 2023
  • Previous Sale Contract Date: Oct 24, 2023
  • Previous Sale Amount: $165,000
  • 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 Edgelawn Randall

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$209

Above Asking

0.00%

Average Days on Market

46

Average Home Size

2005 ft²

Average Home Age

21.1 years

Currently For Sale

26 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 2424 Courtyard Circle, Aurora, IL, 60506

$2,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,500 ft²
2424 Courtyard Circle #5, Aurora, IL, 60506 Listing by Marisela Ladron de Guevara

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Cupertino Quintana, CM Realtors
Last Updated: 2 years ago
Data Source: MRED, MLS# 12218579
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 Westgate Drive built and last sold?
The property at 523 Westgate Drive was built in 1958 and last sold on Jan 10, 2024 for $460,000.
How much is this home worth?
The estimated value of the home located at 523 Westgate Drive is $0.
What are some comparable homes to 523 Westgate Drive?
There are currently no comparable homes to 523 Westgate Drive.
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