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Itasca 60143
624 Walters Lane
$685,000
● House - Off Market

624 Walters Lane

Itasca, IL 60143
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,922 Ft²
$4,011
Est. Monthly
4.50%
Cap Rate

About This Property

Call me yours!!! Step into your dream home, where every detail has been crafted to impress! This stunning property is ready to be yours, with breathtaking entrance, luxurious finishes, and open floor plan all around. Huge 10+ foot kitchen island wrapped up all the way to the ceiling, high end appliances, designer tile selection and customized wall accents. Large bedrms w/walk in cosets! Spacious Master bedroom and bathroom. Fully finished basement. Huge lot. From the moment you walk in, you'll be ready to call this home yours. Don't miss out-schedule your visit today!
Unit Size
3,922 Ft²
Days on Market
-
Land Size
-
Price per sqft
$178
Property Type
House
Property Taxes
$578
HOA Dues
-
Year Built
1977

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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: 2 years ago (MRED MLS #12203551)

Price History

Date / Event Date Event Price
Feb 21, 2025 Sold
Premium
Sold
Dec 4, 2024 In contract -
In contract
Nov 4, 2024 Listed by HomeSmart Connect LLC $699,000
Listed by HomeSmart Connect LLC
Sep 19, 2024 Sold
Premium
Sold
Aug 14, 2024 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 2
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,202
  • Garage Type: 1
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Depth Feet: 140
  • Lot Size Frontage Feet: 150
  • Total Building Area: 3,922
  • Gross Building Area: 3,922
  • Building Area: 2,260
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,260
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ITASCA ESTS
  • Land Acres: 0000000400
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: ITASCA ESTS UNIT NO 1

Neighborhood

  • School District Name: Itasca School District 10
  • School Tax School District: ITASCA
  • Census Tract: 840201

Zoning

  • Zoning: R

Geography

  • Parcel: 03-05-408-005
  • Block: 6
  • Lot: 1
  • Municipality: ADDISON
  • Latitude: 41.9798
  • Longitude: -88.006

    Address

  • Full Address: 624 Walters Ln
  • Legal Unit: 1
  • Address - House Number: 624
  • Address - Street Name: Walters
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Itasca
  • Carrier Code: C007
  • 4-Digit Zip Code: 1462
  • Zip Code: 60143

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $693,648
  • Tax Rate Code Area: 3088

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 521,359
  • High Value: 603,309
  • Low Value: 439,408

    Market Valuation

  • Market Total Value: $470,940
  • Market Land Value: $168,990
  • Market Improvement Value: $301,950

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $156,980
  • Assessed Land Value: $56,330
  • Assessed Improvements Value: $100,650
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 Itasca

Stats & Trends

Median Asking:

$440,000

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

44

Average Home Size

5877 ft²

Average Home Age

28.2 years

Currently For Sale

19 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 126 Bay Drive, Itasca, IL, 60143

$3,400 /mo

  • 3 Beds
  • 2 Baths
  • 2,150 ft²
126 Bay Drive #126, Itasca, IL, 60143 Listing by Eric Ingles
Unit for rent at 394 Bay Drive, Itasca, IL, 60143

$3,100 /mo

  • 2 Beds
  • 3 Baths
  • 2,150 ft²
394 Bay Drive, Itasca, IL, 60143 Listing by Emilia Ivanova

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Laurena Mikosz, HomeSmart Connect LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12203551
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 624 Walters Lane built and last sold?
The property at 624 Walters Lane was built in 1977 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 624 Walters Lane is $0.
What are some comparable homes to 624 Walters Lane?
There are currently no comparable homes to 624 Walters Lane.
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