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Oak Brook 60523
58 Sheffield Lane
$625,000
● House - Off Market

58 Sheffield Lane

Oak Brook, IL 60523
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,791 Ft²
$622,675
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Every DayDream has its day! Start your new Dream Home HERE!!  The Value is in the Land and Location... An amazing half acre lot right in the heart of York Woods.  All Oak Brook Schools and Hinsdale Central High School.  Close to shopping, restaurants, airports, expressways and less than 20 miles to downtown Chicago.   This one won't last.  Stop dreaming and start living!!! The home is being conveyed "as-is" and not to be shown.
Unit Size
2,791 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$224
Property Type
House
Property Taxes
$746
HOA Dues
-
Year Built
1965

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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 #11853109)

Price History

Date / Event Date Event Price
Oct 16, 2023 Sold
Premium
Sold
Aug 6, 2023 Listed by Jameson Sotheby's International Realty $625,000
Listed by Jameson Sotheby's International Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 832
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 3,623
  • Gross Building Area: 3,623
  • Building Area: 2,791
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,791
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: YORK WOODS
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: YORK WOODS

Neighborhood

  • School District Name: Butler School District 53
  • School Tax School District: OAK BROOK
  • Census Tract: 844602

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3086-B3
  • Parcel: 06-25-206-018
  • Lot: 114
  • Municipality: YORK
  • Latitude: 41.8436
  • Longitude: -87.923

    Address

  • Full Address: 58 Sheffield Ln
  • Address - House Number: 58
  • Address - Street Name: Sheffield
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Oak Brook
  • Carrier Code: C025
  • 4-Digit Zip Code: 2354
  • Zip Code: 60523

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $895,320
  • Tax Rate Code Area: 6143

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 778,255
  • High Value: 911,106
  • Low Value: 645,405

    Market Valuation

  • Market Total Value: $735,480
  • Market Land Value: $170,910
  • Market Improvement Value: $564,570

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $245,160
  • Assessed Land Value: $56,970
  • Assessed Improvements Value: $188,190

    Sales

  • Current Sale Contract Date: Sep 22, 2023
  • Current Sale Recording Date: Oct 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 28
  • Current Sale Input Document Number: 68162
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 Oak Brook

Stats & Trends

Median Asking:

$1,186,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

53

Average Home Size

6409 ft²

Average Home Age

40.5 years

Currently For Sale

15 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 1625 Heidorn Avenue, Westchester, IL, 60154

$2,350 /mo

  • 2 Beds
  • 1 Bath
  • 980 ft²
1625 Heidorn Avenue, Westchester, IL, 60154 Listing by Noe Favela

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Chris Pequet, Jameson Sotheby's International Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11853109
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 58 Sheffield Lane built and last sold?
The property at 58 Sheffield Lane was built in 1965 and last sold on Sep 22, 2023 for $625,000.
How much is this home worth?
The estimated value of the home located at 58 Sheffield Lane is $0.
What are some comparable homes to 58 Sheffield Lane?
There are currently no comparable homes to 58 Sheffield Lane.
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