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Wheaton 60187
615 N Cross Street
$360,000
● House - Off Market

615 N Cross Street

Wheaton, IL 60187
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,700 Ft²
$398,393
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Three blocks from Front Street and Main, this magnificently charmed home sits on an oversized lot nestled on a quiet street. Historical Wheaton flows through each room as light pours in from all directions. Schools, dining, shopping, and entertainment are at your fingertips from your perch atop the 125 year old bench swing in the heart front porch. Four modest-sized bedrooms provide the perfect resting place after warm days and cool nights exploring the surrounding parks and fields. Class and sophistication course through 615 N Cross, awaiting your arrival -- ready for you to add your own history to this landmark.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$223
Property Type
House
Property Taxes
$735
HOA Dues
-
Year Built
1922

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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 #11286996)

Price History

Date / Event Date Event Price
Feb 28, 2022 Sold
Premium
Sold
Jan 4, 2022 Listed by @properties $378,350
Listed by @properties

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • 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: 9
  • Basement Area: 850
  • Garage Type: 4
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 82

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 132
  • Lot Size Frontage Feet: 66
  • Total Building Area: 2,550
  • Gross Building Area: 2,550
  • Building Area: 2,550
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,550
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DE WOLF & TRACYS ADD
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: DE WOLF & TRACYS ADD N 66 FT OF W 132 FT

Neighborhood

  • School District Name: Community Unit School District 200
  • School Tax School District: DISTRICT 200
  • Census Tract: 842500

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3024-C6
  • Parcel: 05-16-113-001
  • Block: 9
  • Municipality: MILTON
  • Latitude: 41.871
  • Longitude: -88.1049

    Address

  • Full Address: 615 N Cross St
  • Address - House Number: 615
  • Street Direction: N
  • Address - Street Name: Cross
  • Address - Suffix Type: St
  • State: IL
  • City Name: Wheaton
  • Carrier Code: C073
  • 4-Digit Zip Code: 4140
  • Zip Code: 60187

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $888,668
  • Tax Rate Code Area: 5012

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 457,731
  • High Value: 535,445
  • Low Value: 380,017

    Market Valuation

  • Market Total Value: $417,960
  • Market Land Value: $101,790
  • Market Improvement Value: $316,170

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $139,320
  • Assessed Land Value: $33,930
  • Assessed Improvements Value: $105,390

    Sales

  • Current Sale Contract Date: Feb 23, 2022
  • Current Sale Recording Date: Mar 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 22920
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 Wheaton

Stats & Trends

Median Asking:

$469,900

Sale Price/ft²

$276

Below Asking

0.01%

Average Days on Market

37

Average Home Size

1808 ft²

Average Home Age

55.9 years

Currently For Sale

76 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 507 W Wesley Street, Wheaton, IL, 60187

$3,300 /mo

  • 3 Beds
  • 2 Baths
  • 2,063 ft²
507 W Wesley Street, Wheaton, IL, 60187 Listing by Erica Williams
Unit for rent at 231 N West Street, Wheaton, IL, 60187

$3,800 /mo

  • 2 Beds
  • 3 Baths
  • 2,052 ft²
231 N West Street, Wheaton, IL, 60187 Listing by Holley Kedzior

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Graham Allen, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11286996
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 615 North Cross Street built and last sold?
The property at 615 North Cross Street was built in 1922 and last sold on Feb 23, 2022 for $360,000.
How much is this home worth?
The estimated value of the home located at 615 North Cross Street is $0.
What are some comparable homes to 615 North Cross Street?
There are currently no comparable homes to 615 North Cross Street.
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