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Carol Stream 60188
528 PARKSIDE Drive
$345,000
● House - Off Market

528 PARKSIDE Drive

Carol Stream, IL 60188
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,000 Ft²
$359,388
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

In a competitive market like this, sometimes the best houses are the ones where you can add immediate value with a little paint and new carpet without overpaying for someone's choices.  Welcome to 528 Parkside.  A lot of the heavy lifting has already been completed and the price reflects needed carpet and painting updates.  The Kitchen was was updated in recent years with new cabinets, granite, glass backsplash, can lighting, and appliances. The house has an excellent floor plan with 4 bedrooms upstairs.  The house is within walking distance to Cloverdale Elementary and Glenbard North.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$175
Property Type
House
Property Taxes
$754
HOA Dues
-
Year Built
1988

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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 #11312627)

Price History

Date / Event Date Event Price
Mar 11, 2022 Sold
Premium
Sold
Jan 27, 2022 Listed by Compass $349,000
Listed by Compass

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 18
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 1,994
  • Gross Building Area: 1,994
  • Building Area: 1,994
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 0
  • Heated Square Feet: 1,994
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE RIDGE NORTH UNIT 1
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: PINE RIDGE NORTH UNIT 1 ALL

Neighborhood

  • School District Name: Community Consolidated School District 93
  • School Tax School District: CAROL STREAM
  • Census Tract: 841209

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2967-E4
  • Parcel: 02-19-416-001
  • Lot: 48
  • Municipality: BLOOMINGDALE
  • Latitude: 41.9335
  • Longitude: -88.139

    Address

  • Full Address: 528 Parkside Dr
  • Legal Unit: 1
  • Address - House Number: 528
  • Address - Street Name: Parkside
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Carol Stream
  • Carrier Code: C024
  • 4-Digit Zip Code: 3977
  • Zip Code: 60188

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $964,208
  • Tax Rate Code Area: 2046

    Appraisal Valuation

  • Standard Deviation: 0.1666
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 415,634
  • High Value: 484,918
  • Low Value: 346,350

    Market Valuation

  • Market Total Value: $331,560
  • Market Land Value: $99,000
  • Market Improvement Value: $232,560

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $110,520
  • Assessed Land Value: $33,000
  • Assessed Improvements Value: $77,520

    Sales

  • Current Sale Contract Date: Feb 24, 2022
  • Current Sale Recording Date: Mar 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 29722
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 Carol Stream

Stats & Trends

Median Asking:

$360,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1407 ft²

Average Home Age

41.7 years

Currently For Sale

33 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 1780 Nautilus Lane, Hanover Park, IL, 60133

$3,200 /mo

  • 3 Beds
  • 3 Baths
  • 2,000 ft²
1780 Nautilus Lane, Hanover Park, IL, 60133 Listing by Benyamin Lalez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mike Wolson, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11312627
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 528 Parkside Drive built and last sold?
The property at 528 Parkside Drive was built in 1988 and last sold on Feb 24, 2022 for $345,000.
How much is this home worth?
The estimated value of the home located at 528 Parkside Drive is $358,214.
What are some comparable homes to 528 Parkside Drive?
There are currently no comparable homes to 528 Parkside Drive.
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