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Bolingbrook 60440
540 SPRINGWOOD Lane
$390,000
● House - Off Market

540 SPRINGWOOD Lane

Bolingbrook, IL 60440
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,200 Ft²
$372,780
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

This one is the whole package!! Lovely move-in condition 4 bedroom, 2.1 bath home located on a cul-de-sac adjacent to Indian Boundary Park, DuPage River Greenway Path, near Trout Farm & Nature Center!! All 4 bedrooms located on the 2nd floor. Master bedroom w/master bath, walk-in closet & vaulted ceiling. 2nd bedroom has 2 large closets plus access to hall bath. Wide hallway w/large linen closet. 1st floor family room w/gas starter fireplace. Updated kitchen w/stainless steel appliances (Bosh DW & Fridge-Thermador stove). Extra storage in basement. Great yard for entertaining! Gazebo w/electricity, Jacuzzi Spa, deck & brick paver patio. Roof 2017 C/A 2019 (Carrier) Showings 7 days 12:00-4:00. Call LA for exceptions.
Unit Size
2,200 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$168
Property Type
House
Property Taxes
$637
HOA Dues
-
Year Built
1996

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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: 3 years ago (MRED MLS #11355887)

Price History

Date / Event Date Event Price
May 20, 2022 Sold
Premium
Sold
Mar 29, 2022 Listed by Real People Realty $369,900
Listed by Real People Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 425
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,437
  • Total Building Area: 2,160
  • Building Area: 2,160
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,160
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLIAMS GLEN UNIT 5C
  • Land Acres: 0000000286
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 5 BLOCK 15 IN WILLIAMS GLEN UNIT 5C, BEING A SUB OF PRT OF THE NE1/4 OF SEC 8, T37N-R10E.

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 880123

Geography

  • Parcel: 12-02-08-209-005
  • Block: 15
  • Lot: 5
  • Meridian: SEC 08 TWN 37N RNG 10E
  • Municipality: DUPAGE
  • Latitude: 41.7101
  • Longitude: -88.1108

    Address

  • Full Address: 540 Springwood Ln
  • Legal Unit: 5C
  • Address - House Number: 540
  • Address - Street Name: Springwood
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bolingbrook
  • Carrier Code: C024
  • 4-Digit Zip Code: 1477
  • Zip Code: 60440

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $837,118
  • Tax Rate Code Area: 1214

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 378,853
  • High Value: 439,990
  • Low Value: 317,716

    Market Valuation

  • Market Total Value: $287,070
  • Market Land Value: $49,614
  • Market Improvement Value: $237,456

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $95,690
  • Assessed Land Value: $16,538
  • Assessed Improvements Value: $79,152

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 12, 2022
  • Current Sale Recording Date: May 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 41416
  • Previous Sale Recording Date: Aug 31, 2011
  • Previous Sale Contract Date: Aug 08, 2011
  • Previous Sale Amount: $237,900
  • Previous Sale Document Type: 71
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 Bolingbrook

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$208

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2133 ft²

Average Home Age

34.9 years

Currently For Sale

103 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 1927 Farmington Court, Naperville, IL, 60565

$3,300 /mo

  • 4 Beds
  • 2 Baths
  • 2,020 ft²
1927 Farmington Court, Naperville, IL, 60565 Listing by Brett Kendrick
Unit for rent at 213 Campbell Drive, Bolingbrook, IL, 60440

$3,600 /mo

  • 4 Beds
  • 2 Baths
  • 2,130 ft²
213 Campbell Drive, Bolingbrook, IL, 60440 Listing by Shaik Ahmed

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Georgianne Stillo, Real People Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11355887
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 540 Springwood Lane built and last sold?
The property at 540 Springwood Lane was built in 1996 and last sold on May 12, 2022 for $390,000.
How much is this home worth?
The estimated value of the home located at 540 Springwood Lane is $0.
What are some comparable homes to 540 Springwood Lane?
There are currently no comparable homes to 540 Springwood Lane.
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