See Home Value
$515,000
● House - Off Market

6 Drake Terrace

Prospect Heights, IL 60070
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,300 Ft²
$3,801
Est. Monthly
5.64%
Cap Rate

About This Property

Spacious and beautifully maintained ranch with an open-concept layout! This home features a massive family room, a generous eating area, and a stunning master suite complete with tray ceilings, double walk-in closets, and a luxurious bath with granite countertops and dual sinks. You'll also find three additional spacious bedrooms and a cozy living room with a fireplace. The finished basement offers a second full kitchen-perfect for entertaining-plus tons of storage, two cedar closets, and both first-floor and basement laundry. The oversized heated garage has new concrete, and the property includes a new shed, whole-house generator, and battery backup for peace of mind. Enjoy the outdoors in the fully fenced yard with an extended overhang for rainy days and a separate side deck area-ideal for a dog run. Come take a look today!
Unit Size
2,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$250
Property Type
House
Property Taxes
$978
HOA Dues
-
Year Built
1957

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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,055
  • Lot Size Depth Feet: 1,910
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 2,224
  • Gross Building Area: 2,224
  • Building Area: 2,224
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,224
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DRAKES FIRST ADD TO PROSPECT
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04
  • Legal Description 1: (DRAKES) (FIRST) ADD TO (PROSPECT) HEIGHTS SUB OF S66 3FT OF N 3/4 OF WH NE SEC 15-42-11

Neighborhood

  • School District Name: Prospect Heights School District 23
  • Census Tract: 803014

Geography

  • District: 38
  • Parcel: 03-15-202-013-0000
  • Lot: 26
  • Meridian: SEC 15 TWN 42N RNG 11E
  • Municipality: WHEELING
  • Latitude: 42.1197
  • Longitude: -87.9356

    Address

  • Full Address: 6 Drake Ter
  • Address - House Number: 6
  • Address - Street Name: Drake
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Prospect Heights
  • Carrier Code: C025
  • 4-Digit Zip Code: 1002
  • Zip Code: 60070

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,094,559
  • Tax Rate Code Area: 38049

    Appraisal Valuation

  • Standard Deviation: 0.2293
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 511,372
  • High Value: 628,637
  • Low Value: 394,107

    Market Valuation

  • Market Total Value: $450,000
  • Market Land Value: $160,440
  • Market Improvement Value: $289,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,000
  • Assessed Land Value: $16,044
  • Assessed Improvements Value: $28,956

    Sales

  • Current Sale Contract Date: Oct 11, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2130507026
  • Previous Sale Recording Date: Nov 18, 1998
  • Previous Sale Contract Date: Nov 13, 1998
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Prospect Heights


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 936 Jenkins Court, Wheeling, IL, 60090

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,917 ft²
936 Jenkins Court, Wheeling, IL, 60090 Listing by Radoslaw Marzol


Frequently Asked Questions

When was property at 6 Drake Terrace built and last sold?
The property at 6 Drake Terrace was built in 1957 and last sold on Oct 11, 2021 for $435,000.
How much is this home worth?
The estimated value of the home located at 6 Drake Terrace is $566,763.
What are some comparable homes to 6 Drake Terrace?
There are currently no comparable homes to 6 Drake Terrace.