$267,000
●
Condo -
Off Market
607 Whalom Lane #607
Schaumburg, IL 60173
2 Beds
2 Baths,
1
Half Bath
1,200 Ft²
$248,441
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
**Multiple offers. Highest & best by 7pm Saturday, Aug 26.** Come
see this FULLY REHABBED Schaumburg townhouse that is ready to move
into. This 2-story home in a QUIET pocket of the community offers
lots of space and natural southwest light throughout. Everything
has been upgraded, from the engineered BAMBOO FLOORING on the main
level, all new windows/patio door, upgraded kitchen & baths, SMART
THERMOSTAT, and new garage door & opener, 2020 replaced furnace &
AC. As soon as you walk in you're greeted by an open living room
space with bright recessed lighting and a view of the back PATIO
and expansive PRIVATE YARD area. The kitchen features a cozy
breakfast/dining area with views of nature, and new QUARTZ
COUNTERS, modern cabinets, and LED lighting. Main floor has a
convenient half bath. Upstairs has a spacious master bedroom
w/WALK-IN CLOSET, and bedroom-level LAUNDRY CLOSET. Modernized
bathroom w/high-end tile and fixtures. 1-car GARAGE with lots of
storage space, and room for two more cars on the driveway. Backyard
patio opens up to a private & quiet yard space that is rare in
townhome communities. The community has a POOL & CLUBHOUSE for
residents. Close to all area amenities- WOODFIELD MALL, highways,
and entertainment. ACT FAST!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$208
Property Type
Condo
Property Taxes
$264
HOA Dues
$328
Year Built
1987
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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 #11867492)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Aug 23, 2023 | Listed by Royal Service Realty CMP | $250,000 | |
| Listed by Royal Service Realty CMP | |||
Property Highlights
Air Conditioning
Parking Details
Total Number of Parking: 1
Garage Spaces: 1
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 2
Bathrooms: 2
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Hardwood Floors, Second Floor Laundry, Storage, Walk-In Closet(s), Open Floorplan, Granite Counters
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Electric Cooktop
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Aluminum Siding, Brick
Age: 31-40 Years
Rehab Year: 2015
Rebuilt(Y/N): No
Parcel Number: 07141170071086
Property Type: Residential
Year Built: 1983
No Disability Access
Special Conditions: None
Exterior Features: Patio
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2021
Tax Annual Amount: $3,168
Tax Exemptions: Homeowner
Utilities Details
Cooling: Central Air
Heating: Electric, Forced Air
Sewer : Public Sewer
Location Details
Township: Schaumburg
Corporate Limits: Schaumburg
Directions: PLUM GROVE RD (BETWEEN HIGGINS AND GOLF) TO WHALOM WEST TO HOME
County or Parish: Cook
Elementary School District: 54
Middle Or Junior School District: 54
High School District: 211
Other Details
Association Fee Includes: Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Snow Removal
Association Fee: $328
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/23/2023
|
2 Bed
|
2 Bath
|
1200 ft²
|
$250,000
2 Bed
2 Bath
1200 ft²
|
$267,000
+6.80%
09/29/2023
|
Romulus Olariu
Royal Service Realty CMP
|
Building Info
About Schaumburg
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Listed by: Romulus Olariu, Royal Service Realty CMP
Last Updated: 3 years ago
Data Source: MRED, MLS# 11867492
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11867492
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