42
Map
$449,665
●
House -
For Sale
539 Sandy Lane
Des Plaines, IL 60016
3 Beds
2 Baths
1,894 Ft²
$2,408
Est. Monthly
About This Property
Original owner is moving out and this is your chance to make it
your dream home! Opportunity awaits in this spacious
3-bedroom, 2-bathroom tri-level level with sub-basement and big,
attached 2+ car garage. SO much living space (and storage)
just waiting for your vision! Look what has already been done for
you: new CertainTeed asphalt roof (2024, complete tear-off with
transferable warranty), new gutters and downspouts with LeafFilter
protection (2024), brand new 40-gallon gas water heater (2025), and
updated inside-to-main sewer cleanout (2025). Overhead sewer
system, annually maintained hot water boiler heating system, and
upgraded water and electric meters. Finished sub-basement/rec
room with masonry fireplace offers tremendous space for fun, home
gym, office, play room, bar or more. This home boasts solid
bones and endless potential for anyone looking to add personalized
finishing touches. Conveniently located near award winning schools,
parks, shopping, and major commuter routes! See this one
today before you're too late.
Unit Size
1,894 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$237
Property Type
House
Property Taxes
$199
HOA Dues
-
Year Built
1963
Listed By
Jean Marella
Keller Williams Realty Ptnr,LL
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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
Fireplace
Parking Details
Has Garage
Parking Features: Garage Door Opener, Garage, Attached, Yes
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Oven, Electric Cooktop
Flooring Type: Carpet
Laundry Features: In Unit
Rooms: 8
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 1
Basement: Finished, Partial
Exterior Details
Square Footage: 1894
Square Footage Source: $0
Architectural Style: Split Level
Year Built: 1962
Levels: Split Level
Window Features: Screens
Construction Materials: Brick
Lot Size Area: 7840.8
Lot Size Units: Square Feet
Lot Size Acres: 0.18
Lot Size Square Feet: 7840.8
Lot Size Dimensions: 66x126
Water Source: Lake Michigan
Financial Details
Tax Annual Amount: $2,393
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Steam
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
ft²
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HOA + Taxes
About Des Plaines
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Joseph Marella, Keller Williams ONEChicago
Data Source: MRED, MLS# MRD12766929
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.
Data Source: MRED, MLS# MRD12766929
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