For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Addison 60101
616 W Beach Drive
$318,000
● House - Off Market

616 W Beach Drive

Addison, IL 60101
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,145 Ft²
$327,612
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

SPACIOUS RASIED RANCH ON QUIET DEAD END STREET BOASTS 3 BEDROOMS WITH A FULL BATH ON MAIN LEVEL.  AN ADDITIONAL LARGE BEDROOM WITH ANOTHER BATH AND SPACIOUS FAMILY ROOM IN THE FINISHED LOWER LEVEL. GREAT SEPARATE LIVING OR IN LAW ARRANGEMENT. HVAC NEW 2020-  HOTWATER TANK NEW 2020- LOWER BATH REDONE IN 2020-  ROOF NEW 2018.  HARDWOOD FLOORS UNDER CARPET THROUGHOUT MAIN LEVEL.  VERY GOOD CONDITION OVERALL. JUST SOME CARPET AND A VERY LITTLE TLC HERE AND THERE. ACT NOW!
Unit Size
1,145 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$275
Property Type
House
Property Taxes
$417
HOA Dues
-
Year Built
1972

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #11436408)

Price History

Date / Event Date Event Price
Sep 12, 2022 Sold
Premium
Sold
Jul 8, 2022 Listed by Century 21 Affiliated $315,000
Listed by Century 21 Affiliated

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 19
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 136
  • Lot Size Frontage Feet: 70
  • Total Building Area: 2,237
  • Gross Building Area: 2,237
  • Building Area: 2,237
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,237
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NOVELLS SUBD
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: NOVELLS SUBDN

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 840202

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2970-D2
  • Parcel: 03-20-202-034
  • Lot: 3
  • Municipality: ADDISON
  • Latitude: 41.9473
  • Longitude: -88.0037

    Address

  • Full Address: 616 W Beach Dr
  • Address - House Number: 616
  • Street Direction: W
  • Address - Street Name: Beach
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Addison
  • Carrier Code: C016
  • 4-Digit Zip Code: 1223
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1599
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 345,752
  • High Value: 401,048
  • Low Value: 290,456

    Market Valuation

  • Market Total Value: $285,660
  • Market Land Value: $103,560
  • Market Improvement Value: $182,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $95,220
  • Assessed Land Value: $34,520
  • Assessed Improvements Value: $60,700

    Sales

  • Current Sale Contract Date: Sep 09, 2022
  • Current Sale Recording Date: Sep 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 85288
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 Addison

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$221

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1930 ft²

Average Home Age

39.9 years

Currently For Sale

47 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Robert Rizza, Century 21 Affiliated
Last Updated: 3 years ago
Data Source: MRED, MLS# 11436408
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 616 West Beach Drive built and last sold?
The property at 616 West Beach Drive was built in 1972 and last sold on Sep 9, 2022 for $318,000.
How much is this home worth?
The estimated value of the home located at 616 West Beach Drive is $0.
What are some comparable homes to 616 West Beach Drive?
There are currently no comparable homes to 616 West Beach Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Addison Homes for Sale
Addison Houses for Sale
Addison Condos for Sale
Addison Townhouses for Sale
Addison Multifamily for Sale
Addison Land for Sale
Addison Commercial for Sale
Addison Homes with Basements
Nearby Cities
Schaumburg Homes for Sale
Des Plaines Homes for Sale
Wheaton Homes for Sale
Park Ridge Homes for Sale
Lombard Homes for Sale
Hoffman Estates Homes for Sale
Mount Prospect Homes for Sale
Elmhurst Homes for Sale
Nearby Property Records
DuPage County, IL Property Records
Cook County, IL Property Records
Kane County, IL Property Records
Lake County, IL Property Records
Will County, IL Property Records
McHenry County, IL Property Records
Kendall County, IL Property Records
DeKalb County, IL Property Records
Neighborhoods
Norridge Real Estate
Belmont Heights Real Estate
Edison Park Real Estate
O'Hare Real Estate
Irving Woods Real Estate
Lucent Technologies Real Estate
Nearby Counties
Maine Homes for Sale
York Homes for Sale
Schaumburg Homes for Sale
Proviso Homes for Sale
Milton Homes for Sale
Bloomingdale Homes for Sale
Leyden Homes for Sale
Elk Grove Homes for Sale
Top Real Estate Agents
Top Agents in Addison
Top Agents in Maine
Top Agents in York
Top Agents in Schaumburg
Top Agents in Proviso
Top Agents in Milton
Top Agents in Bloomingdale
Top Agents in Schaumburg