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Lisle 60532
5328 Meyer Drive
$275,000
● House - Off Market

5328 Meyer Drive

Lisle, IL 60532
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,025 Ft²
$285,378
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

This unique ranch home is ideal for a starter family or for one looking to downsize. It is located minutes from the express for an easy commute and near to all shopping, restaurants, and schools! With many updates made, all that's left to do is cosmetic work ideal to your preferences! Newer upgrades include: roof (2015), most windows (roughly around 2018), HVAC (2018), kitchen appliances (roughly around 2014), complete remodel of basement bathroom (2015), and the basement bar boasting a beverage system with dispenser! Within the past year, both driveway with barrier wall and backyard patio were added. The potential with this home is unbelievable and won't last long. Take advantage and view today before it's too late!
Unit Size
1,025 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$262
Property Type
House
Property Taxes
$520
HOA Dues
-
Year Built
1959

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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 #11685599)

Price History

Date / Event Date Event Price
Dec 30, 2022 Sold
Premium
Sold
Dec 9, 2022 Listed by Coldwell Banker Real Estate Group $269,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,025
  • Garage Type: 7
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 2,050
  • Gross Building Area: 2,050
  • Building Area: 1,025
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 1,025
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK VIEW
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: OAK VIEW UNIT NO 6

Neighborhood

  • School District Name: Lisle Community Unit School District 202
  • School Tax School District: DISTRICT 202
  • Census Tract: 846003

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3143-C3
  • Parcel: 08-11-404-006
  • Lot: 32
  • Municipality: LISLE
  • Latitude: 41.7886
  • Longitude: -88.0614

    Address

  • Full Address: 5328 Meyer Dr
  • Legal Unit: 6
  • Address - House Number: 5328
  • Address - Street Name: Meyer
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lisle
  • Carrier Code: C003
  • 4-Digit Zip Code: 2416
  • Zip Code: 60532

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $643,064
  • Tax Rate Code Area: 8015

    Appraisal Valuation

  • Standard Deviation: 0.1733
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 311,589
  • High Value: 365,604
  • Low Value: 257,573

    Market Valuation

  • Market Total Value: $273,630
  • Market Land Value: $146,400
  • Market Improvement Value: $127,230

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $91,210
  • Assessed Land Value: $48,800
  • Assessed Improvements Value: $42,410

    Sales

  • Current Sale Contract Date: Dec 30, 2022
  • Current Sale Recording Date: Jan 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 307
  • Previous Sale Recording Date: Dec 16, 2013
  • Previous Sale Contract Date: Dec 06, 2013
  • Previous Sale Amount: $189,000
  • Previous Sale Document Type: 27
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 Lisle

Stats & Trends

Median Asking:

$479,000

Sale Price/ft²

$248

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2020 ft²

Average Home Age

37.9 years

Currently For Sale

35 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 845 Mckenzie Station Drive, Lisle, IL, 60532

$2,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,491 ft²
845 Mckenzie Station Drive, Lisle, IL, 60532 Listing by Christopher Cobb
Unit for rent at 6420 Double Eagle Drive, Woodridge, IL, 60517

$2,995 /mo

  • 2 Beds
  • 2 Baths
  • 1,492 ft²
6420 Double Eagle Drive #613, Woodridge, IL, 60517 Listing by Dinorah Hauser

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Melissa Walsh, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11685599
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 5328 Meyer Drive built and last sold?
The property at 5328 Meyer Drive was built in 1959 and last sold on Dec 30, 2022 for $275,000.
How much is this home worth?
The estimated value of the home located at 5328 Meyer Drive is $0.
What are some comparable homes to 5328 Meyer Drive?
There are currently no comparable homes to 5328 Meyer Drive.
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