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Des Plaines 60016
535 FLORIAN Drive
$435,000
● House - Off Market

535 FLORIAN Drive

Des Plaines, IL 60016
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,562 Ft²
$2,934
Est. Monthly
8.15%
Cap Rate

About This Property

DON'T MISS OUT!! This is an excellent opportunity to own a stunning, spacious, rehabbed split level home in the beautiful Village of Des Plaines. This gorgeous home has everything to offer; new kitchen, new bathrooms, huge master bedroom, new flooring, new stainless steel appliances, new lighting, new HVAC, new driveway, new windows, backyard for entertaining and much much more. The property is located near schools, parks, retail, and public transportation. A must see!!
Unit Size
1,562 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$294
Property Type
House
Property Taxes
$676
HOA Dues
-
Year Built
1963

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,271
  • Total Building Area: 1,562
  • Gross Building Area: 1,562
  • Building Area: 1,562
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,562
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLEASANT MANOR ESTATES UNIT2
  • Land Acres: 0000000213
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (PLEASANT) (MANOR) ESTATES (UNIT2) SUB OF PT LYING N OF ALGONQUIN RD SE NW SEC 24-41-11

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 805111

Geography

  • District: 16
  • Parcel: 08-24-112-001-0000
  • Lot: 109
  • Meridian: SEC 24 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0331
  • Longitude: -87.9341

    Address

  • Full Address: 535 Florian Dr
  • Legal Unit: 2
  • Address - House Number: 535
  • Address - Street Name: Florian
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C005
  • 4-Digit Zip Code: 5717
  • Zip Code: 60016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $775,197
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 16042

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 391,107
  • High Value: 480,413
  • Low Value: 301,801

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $83,440
  • Market Improvement Value: $236,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $8,344
  • Assessed Improvements Value: $23,656
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 Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1728 ft²

Average Home Age

52.9 years

Currently For Sale

113 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 772 Weller Drive, Des Plaines, IL, 60016

$3,700 /mo

  • 3 Beds
  • 2 Baths
  • 2,000 ft²
772 Weller Drive, Des Plaines, IL, 60016 Listing by Allison Park
Unit for rent at 1787 Webster Lane, Des Plaines, IL, 60018

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,995 ft²
1787 Webster Lane, Des Plaines, IL, 60018 Listing by Sunil Gupta

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Stratos Rounis, SR Realty Group Inc.
Data Source: MRED, MLS# MRD12420750
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 535 Florian Drive built and last sold?
The property at 535 Florian Drive was built in 1963 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 535 Florian Drive is $0.
What are some comparable homes to 535 Florian Drive?
There are currently no comparable homes to 535 Florian Drive.
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