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Carol Stream 60188
574 Chippewa Trail
$286,000
● House - Off Market

574 Chippewa Trail

Carol Stream, IL 60188
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2,084 Ft²
$268,896
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

What an OPPORTUNITY to get into this great neighborhood and school district! This split level with sub-basement sits on a huge corner lot with attached 2.5 car garage and an additional drive on the south end of the lot. Awesome 3 season room overlooks the fenced backyard and deck. Stainless steel kitchen appliances replaced in the last 2 years.  All windows except 4 have been replaced. Hot Water Heater is 2 years and Humidifier is 1 year. Glenbard North High School. Don't miss out on this one.  Sold As-Is.
Unit Size
2,084 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$130
Property Type
House
Property Taxes
$545
HOA Dues
-
Year Built
1985

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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 #11876453)

Price History

Date / Event Date Event Price
Oct 17, 2023 Sold
Premium
Sold
Sep 7, 2023 Listed by RE/MAX All Pro $269,900
Listed by RE/MAX All Pro

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 18
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 432
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 890
  • Total Building Area: 2,084
  • Gross Building Area: 2,084
  • Building Area: 1,652
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 5
  • Heating: 0
  • Heated Square Feet: 1,652
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAROL STREAM
  • Land Acres: 0000000260
  • 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: 02-30-403-001
  • Lot: 770
  • Municipality: BLOOMINGDALE
  • Latitude: 41.9215
  • Longitude: -88.139

    Address

  • Full Address: 574 Chippewa Trl
  • Legal Unit: 8
  • Address - House Number: 574
  • Address - Street Name: Chippewa
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Carol Stream
  • Carrier Code: C001
  • 4-Digit Zip Code: 1547
  • Zip Code: 60188

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $653,784
  • Tax Rate Code Area: 2046

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 294,824
  • High Value: 346,094
  • Low Value: 243,555

    Market Valuation

  • Market Total Value: $245,610
  • Market Land Value: $84,570
  • Market Improvement Value: $161,040

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $81,870
  • Assessed Land Value: $28,190
  • Assessed Improvements Value: $53,680

    Sales

  • Current Sale Contract Date: Oct 10, 2023
  • Current Sale Recording Date: Oct 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 68008
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

1535 ft²

Average Home Age

42.4 years

Currently For Sale

30 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 1256 Robin Drive, Carol Stream, IL, 60188

$2,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,280 ft²
1256 Robin Drive, Carol Stream, IL, 60188 Listing by Scot Kent

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kathleen Maykut, RE/MAX All Pro
Last Updated: 3 years ago
Data Source: MRED, MLS# 11876453
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 574 Chippewa Trail built and last sold?
The property at 574 Chippewa Trail was built in 1985 and last sold on Oct 10, 2023 for $286,000.
How much is this home worth?
The estimated value of the home located at 574 Chippewa Trail is $0.
What are some comparable homes to 574 Chippewa Trail?
There are currently no comparable homes to 574 Chippewa Trail.
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