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Carol Stream 60188
545 Mohican Road
$245,000
● House - Off Market

545 Mohican Road

Carol Stream, IL 60188
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,364 Ft²
$230,092
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Come check out this Lovely 3 bedroom ranch with neutral decor and open floor plan is perfect for entertaining.  A generous living room welcomes family and friends while many large windows provide so much natural light, beckoning towards the expansive family room.  Beautifully remodeled kitchen. A wood burning brick fireplace adds ambiance during cooler seasons.  The sliding glass door to the patio and large backyard provides wonderful space for summer parties and celebrations. Three good sized bedrooms.  Meticulously maintained, much of the interior has just been repainted making the home sparkle. Truly move in ready! Outstanding first home or if downsizing to a more efficient abode.  Enjoy Armstrong Park,  just a block away. Close to shopping, restaurants and highways.
Unit Size
1,364 Ft²
Days on Market
-
Land Size
-
Price per sqft
$165
Property Type
House
Property Taxes
$543
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.

Last updated: 3 years ago (MRED MLS #11436783)

Price History

Date / Event Date Event Price
Jul 22, 2022 Sold
Premium
Sold
Jun 16, 2022 Listed by Dapper Crown $224,900
Listed by Dapper Crown

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 107
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,364
  • Gross Building Area: 1,364
  • Building Area: 1,364
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 5
  • Heating: 24
  • Heated Square Feet: 1,364
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAROL STREAM
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: CAROL STREAM UNIT 8

Neighborhood

  • School District Name: Community Consolidated School District 93
  • School Tax School District: CAROL STREAM
  • Census Tract: 841205

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2967-E6
  • Parcel: 02-30-403-021
  • Lot: 720
  • Municipality: BLOOMINGDALE
  • Latitude: 41.9211
  • Longitude: -88.1376

    Address

  • Full Address: 545 Mohican Rd
  • Legal Unit: 8
  • Address - House Number: 545
  • Address - Street Name: Mohican
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Carol Stream
  • Carrier Code: C001
  • 4-Digit Zip Code: 3606
  • Zip Code: 60188

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $683,950
  • Initial Tax Delinquent Year: 2016
  • Tax Rate Code Area: 2046

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 308,218
  • High Value: 356,666
  • Low Value: 259,771

    Market Valuation

  • Market Total Value: $240,420
  • Market Land Value: $84,570
  • Market Improvement Value: $155,850

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,140
  • Assessed Land Value: $28,190
  • Assessed Improvements Value: $51,950

    Sales

  • Current Sale Contract Date: Jul 20, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 72750
  • Previous Sale Recording Date: Jul 05, 2016
  • Previous Sale Contract Date: Jun 24, 2016
  • Previous Sale Amount: $210,000
  • 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 Carol Stream

Stats & Trends

Median Asking:

$359,900

Sale Price/ft²

$227

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1517 ft²

Average Home Age

42.2 years

Currently For Sale

31 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 800 Stanford Lane, Carol Stream, IL, 60188

$2,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,520 ft²
800 Stanford Lane #800, Carol Stream, IL, 60188 Listing by Kimberly Peterson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Philip DeFrancesco, Dapper Crown
Last Updated: 3 years ago
Data Source: MRED, MLS# 11436783
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 545 Mohican Road built and last sold?
The property at 545 Mohican Road was built in 1963 and last sold on Jul 20, 2022 for $245,000.
How much is this home worth?
The estimated value of the home located at 545 Mohican Road is $0.
What are some comparable homes to 545 Mohican Road?
There are currently no comparable homes to 545 Mohican Road.
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