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Glen Ellyn 60137
596 Phillips Avenue
$632,500
● House - Off Market

596 Phillips Avenue

Glen Ellyn, IL 60137
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,013 Ft²
$4,353
Est. Monthly
4.60%
Cap Rate

About This Property

This charming home and commuters dream offers the sought after in-town price point and premier location, across the street from Pfuetze Park, near the Metra Train, restaurants and shopping. The home offers a welcoming front porch, an open floor plan, 4 bedrooms,  3 full bathrooms, 6 locker mudroom and finished basement. The living room showcases a cozy wood burning fireplace, opens into the dining room. The Family Room is super for daily life and entertaining a crowd. Basement has a full bathroom and wet bar with a dishwasher, ice maker and beverage refrigerator.  Private Patio and fenced yard make the backyard a nice hide-away anytime of day. Architectural plans available for third floor and garage. New Roof in 2023. Dreams do come true...the quintessential Glen Ellyn home and location do happen!
Unit Size
2,013 Ft²
Days on Market
-
Land Size
-
Price per sqft
$348
Property Type
House
Property Taxes
$916
HOA Dues
-
Year Built
1921

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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 #11978073)

Price History

Date / Event Date Event Price
May 30, 2024 Sold
Premium
Sold
Feb 21, 2024 Listed by Berkshire Hathaway HomeServices Chicago $700,000
Listed by Berkshire Hathaway HomeServices Chicago

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,125
  • Garage Type: 4
  • Garage Square Area: 234
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 102
  • Lot Size Frontage Feet: 65
  • Total Building Area: 3,142
  • Gross Building Area: 3,142
  • Building Area: 2,017
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,017
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ZANDERS PARK ADD
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: SUB OF LOT 1 BLK 1 ZANDERS PARK ADD WLY 65 FT LOT C

Neighborhood

  • School District Name: Glen Ellyn School District 41
  • School Tax School District: GLEN ELLYN
  • Census Tract: 842200

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3025-C6
  • Parcel: 05-14-104-019
  • Block: 1
  • Lot: 1,C
  • Municipality: MILTON
  • Latitude: 41.8735
  • Longitude: -88.0629

    Address

  • Full Address: 596 Phillips Ave
  • Address - House Number: 596
  • Address - Street Name: Phillips
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Glen Ellyn
  • Carrier Code: C061
  • 4-Digit Zip Code: 5006
  • Zip Code: 60137

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,098,838
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 5036

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 620,780
  • High Value: 725,762
  • Low Value: 515,797

    Market Valuation

  • Market Total Value: $458,280
  • Market Land Value: $64,680
  • Market Improvement Value: $393,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $152,760
  • Assessed Land Value: $21,560
  • Assessed Improvements Value: $131,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 18, 2005
  • Current Sale Recording Date: Jan 21, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2005-015787
  • Previous Sale Recording Date: Apr 22, 1994
  • Previous Sale Contract Date: Apr 18, 1994
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Glen Ellyn

Stats & Trends

Median Asking:

$560,000

Sale Price/ft²

$307

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2494 ft²

Average Home Age

53.5 years

Currently For Sale

51 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 354 Indian Drive, Glen Ellyn, IL, 60137

$3,999 /mo

  • 4 Beds
  • 2 Baths
  • 2,544 ft²
354 Indian Drive, Glen Ellyn, IL, 60137 Listing by Lana Erickson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Elaine Pagels, Berkshire Hathaway HomeServices Chicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11978073
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 596 Phillips Avenue built and last sold?
The property at 596 Phillips Avenue was built in 1921 and last sold on Jan 18, 2005 for $482,000.
How much is this home worth?
The estimated value of the home located at 596 Phillips Avenue is $0.
What are some comparable homes to 596 Phillips Avenue?
There are currently no comparable homes to 596 Phillips Avenue.
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