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University Park 60484
532 Circle Drive
$223,000
● House - Off Market

532 Circle Drive

University Park, IL 60484
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,886 Ft²
$1,618
Est. Monthly
11.25%
Cap Rate

About This Property

Here's a beautifully remodeled split level in University Park.  This homs features new kitchen with plenty of cabinet space.  New white shaker cabinets, quartz countertop and backsplash and stainless steel appliance package.  Huge main bathroom with double sinks, new vanity, tub and tile.  All new LVP flooring on the main level and lower level.  Upstairs has new carpeting.  New doors and trim throughout and painted in neutral color.  Spacious backyard, 2 car garage.  Shows very well.
Unit Size
1,886 Ft²
Days on Market
-
Land Size
-
Price per sqft
$117
Property Type
House
Property Taxes
$538
HOA Dues
-
Year Built
1970

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #12214020)

Price History

Date / Event Date Event Price
Dec 27, 2024 Sold
Premium
Sold
Nov 27, 2024 In contract -
In contract
Nov 20, 2024 Listed by DNV Solutions LLC $219,900
Listed by DNV Solutions LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 483
  • Garage Type: 1
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,369
  • Building Area: 1,886
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,886
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOOD HILL
  • Land Acres: 0000000180
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 15 BLOCK 5 IN WOOD HILL'S RIDGEVIEW, 2ND ADDN, BEING A SUB OF PRT OF THE E1/2 OF THE SE1/4 OF SEC 12, T34N-R13E.

Neighborhood

  • School District Name: Crete-Monee Community Unit School District 201-U
  • Census Tract: 883606

Geography

  • Parcel: 21-14-12-406-024
  • Block: 5
  • Lot: 15
  • Meridian: SEC 12 TWN 34N RNG 13E
  • Municipality: MONEE
  • Latitude: 41.4437
  • Longitude: -87.6744

    Address

  • Full Address: 532 Circle Dr
  • Address - House Number: 532
  • Address - Street Name: Circle
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: University Park
  • Carrier Code: C007
  • 4-Digit Zip Code: 2903
  • Zip Code: 60484

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $588,112
  • Tax Rate Code Area: 2106

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 76
  • Final Value: 195,085
  • High Value: 229,871
  • Low Value: 160,299

    Market Valuation

  • Market Total Value: $125,187
  • Market Land Value: $19,113
  • Market Improvement Value: $106,074

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,729
  • Assessed Land Value: $6,371
  • Assessed Improvements Value: $35,358

    Sales

  • Current Sale Contract Date: May 02, 2005
  • Current Sale Recording Date: May 24, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2005085154
  • Previous Sale Recording Date: Sep 22, 2004
  • Previous Sale Contract Date: Jul 22, 2004
  • Previous Sale Amount: $104,699
  • Previous Sale Document Type: 64
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 University Park

Stats & Trends

Median Asking:

$212,000

Sale Price/ft²

$117

Below Asking

0.02%

Average Days on Market

47

Average Home Size

1825 ft²

Average Home Age

54 years

Currently For Sale

13 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

Rentals Near You

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MRED

Listed by: Michael Tassone, DNV Solutions LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12214020
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 532 Circle Drive built and last sold?
The property at 532 Circle Drive was built in 1970 and last sold on May 2, 2005 for $138,000.
How much is this home worth?
The estimated value of the home located at 532 Circle Drive is $220,846.
What are some comparable homes to 532 Circle Drive?
There are currently no comparable homes to 532 Circle Drive.
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