$299,999
●
House -
Off Market
524 Jon Lane
DES PLAINES, IL 60016
4 Beds
3 Baths
1,500 Ft²
$481,632
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
Attention all re-habbers!!! Estate sale. Here is your chance
to buy a 4 bedroom home in a great neighborhood. This home needs
your special touch to make it your own. Three bedrooms up
with a fourth bedroom on the lower level adjacent to a full bath.
Sub basement leaves plenty of room for additional recreation
space or that ever important storage area. Large patio for all your
outdoor entertaining. Home is being sold "as is".
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$200
Property Type
House
Property Taxes
$577
HOA Dues
-
Year Built
1978
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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 #09594166)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2023 | Sold | ||
| Sold | |||
| May 23, 2023 | Listed by Century 21 Circle | $469,000 | |
| Listed by Century 21 Circle | |||
| | |||
|
Desirable and perfect WINDY POINT Subdivision. Spacious, beautiful and in immaculate condition located on a quiet beautiful street. RAISED Split-Level, featuring 4-total bedrooms, 3-full baths. Formal dining room overlooking the private wood fenced back yard. Bright, large, well-appointed, and updated kitchen, with breakfast area, S.S. appliances, granite countertops overlooking nice large family room, with sliding door leading to the back yard. Note, the family room and 4th bedrooms are a few steps down from the Rasid main level floor. Ready to move in and enjoy this nice home and ideal location offering a short and within walking distance to Cumberland elementary school, Lowenberg, Blackhawk, and Cheyenne parks. 2-Attached car garage and private wood fenced yard with concrete patio. Recent updates include A. 2019, new roof, and furnace, with AC condenser. B. 2021, exterior paint, also, interior living room, and bedrooms. 2021, new living room windows and ring outdoor motion flood lights. Close to Des Plaines downtown Metra station, short distance to shops, restaurants, major roads, and interests.
| |||
| Jun 12, 2017 | Sold | ||
| Sold | |||
| Apr 13, 2017 | Listed by Coldwell Banker Residential Brokerage | $299,999 | |
| Listed by Coldwell Banker Residential Brokerage | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Des Plaines
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Listed by: , Coldwell Banker Residential Brokerage
Last Updated: 3 years ago
Data Source: MRED, MLS# 09594166
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09594166
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