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Addison 60101
65 S Mill Road
$336,000
● House - Off Market

65 S Mill Road

Addison, IL 60101
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,200 Ft²
$323,791
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Welcome home to this beautifully updated and spacious raised ranch! The home features 3 beds, 1.1 baths, 3 very spacious bedrooms (2 of which can fit king beds), attached 2 car garage, hardwood floors, walk in shower on main level, open concept kitchen with SS appliances, granite counter tops, and 42 inch cherry cabinets, lower level with rec room, storage and half bath that has potential to make it a full bath. House freshly painted. Newer roof, windows and furnace. Home also features updates such as a newer concrete drive and garage floor. Completely fenced in yard with a fire pit and concrete patio with a large deck off the kitchen leading down to the backyard. Nothing to do but move in!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$271
Property Type
House
Property Taxes
$534
HOA Dues
-
Year Built
1968

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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 #11882881)

Price History

Date / Event Date Event Price
Oct 18, 2023 Sold
Premium
Sold
Sep 15, 2023 Listed by Compass $325,000
Listed by Compass

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • 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: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 121
  • Lot Size Frontage Feet: 61
  • Total Building Area: 2,140
  • Gross Building Area: 2,140
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,700
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHVIEW SUB
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: HIGHVIEW SUB UNIT 13

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 846604

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2970-D5
  • Parcel: 03-29-407-006
  • Block: 10
  • Lot: 6
  • Municipality: ADDISON
  • Latitude: 41.9256
  • Longitude: -88.0031

    Address

  • Full Address: 65 S Mill Rd
  • Legal Unit: 13
  • Address - House Number: 65
  • Street Direction: S
  • Address - Street Name: Mill
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Addison
  • Carrier Code: C010
  • 4-Digit Zip Code: 3224
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $640,674
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1741
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 337,979
  • High Value: 396,836
  • Low Value: 279,121

    Market Valuation

  • Market Total Value: $278,970
  • Market Land Value: $109,830
  • Market Improvement Value: $169,140

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $92,990
  • Assessed Land Value: $36,610
  • Assessed Improvements Value: $56,380

    Sales

  • Current Sale Contract Date: Oct 18, 2023
  • Current Sale Recording Date: Oct 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 69318
  • Previous Sale Recording Date: Aug 03, 2020
  • Previous Sale Contract Date: Jul 17, 2020
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: 71
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:

$401,002

Sale Price/ft²

$220

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1927 ft²

Average Home Age

41.7 years

Currently For Sale

50 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

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MRED

Listed by: Brittany Simon, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11882881
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 65 South Mill Road built and last sold?
The property at 65 South Mill Road was built in 1968 and last sold on Oct 18, 2023 for $336,000.
How much is this home worth?
The estimated value of the home located at 65 South Mill Road is $0.
What are some comparable homes to 65 South Mill Road?
There are currently no comparable homes to 65 South Mill Road.
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