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Palatine 60074
641 E Baldwin Road
$251,000
● House - Off Market

641 E Baldwin Road

Palatine, IL 60074
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,616 Ft²
$249,173
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Great opportunity to own this 3 bedroom 2 bath ranch home that features vaulted ceilings, 2 car detached garage, nice backyard, fireplace and is located just minutes from public transportation, expressways and shopping.
Unit Size
1,616 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$149
Property Type
House
Property Taxes
$581
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11445861)

Price History

Date / Event Date Event Price
Aug 17, 2022 Sold
Premium
Sold
Jun 24, 2022 Listed by Berkshire Hathaway HomeServices Starck Real Estate $241,000
Listed by Berkshire Hathaway HomeServices Starck Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,400
  • Total Building Area: 1,616
  • Gross Building Area: 1,616
  • Building Area: 1,616
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,616
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAROLD RESKIN ADD
  • Land Acres: 0000000193
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: LOT 15 IN BLK 5 IN HAROLD RESKIN AD D TO PALATINE NE4 SE4 OF SEC14 T42 N R10E 3P

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803800

Geography

  • District: 29
  • Parcel: 02-14-418-004-0000
  • Block: 5
  • Lot: 15
  • Meridian: SEC 14 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.117
  • Longitude: -88.0275

    Address

  • Full Address: 641 E Baldwin Rd
  • Address - House Number: 641
  • Street Direction: E
  • Address - Street Name: Baldwin
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Palatine
  • Carrier Code: C100
  • 4-Digit Zip Code: 5497
  • Zip Code: 60074

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $830,573
  • Tax Rate Code Area: 29007

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 373,554
  • High Value: 458,851
  • Low Value: 288,256

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $50,400
  • Market Improvement Value: $239,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $5,040
  • Assessed Improvements Value: $23,960

    Sales

  • Current Sale Contract Date: Jul 19, 2022
  • Current Sale Recording Date: Aug 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 22071
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 Palatine

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$236

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1642 ft²

Average Home Age

43.9 years

Currently For Sale

114 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 1702 W Oakton Street, Arlington Heights, IL, 60004

$2,800 /mo

  • 3 Beds
  • 1 Bath
1702 W Oakton Street, Arlington Heights, IL, 60004 Listing by Malgorzata Maslowski
Unit for rent at 1312 E Evergreen Drive, Palatine, IL, 60074

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,400 ft²
1312 E Evergreen Drive #8, Palatine, IL, 60074 Listing by Marta Grokh

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Scott Schilaci, Berkshire Hathaway HomeServices Starck Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11445861
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 641 East Baldwin Road built and last sold?
The property at 641 East Baldwin Road was built in 1956 and last sold on Jul 19, 2022 for $251,000.
How much is this home worth?
The estimated value of the home located at 641 East Baldwin Road is $252,754.
What are some comparable homes to 641 East Baldwin Road?
There are currently no comparable homes to 641 East Baldwin Road.
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