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Elmhurst 60126
650 S SPRING Road
$465,000
● House - Off Market

650 S SPRING Road

Elmhurst, IL 60126
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,512 Ft²
$478,087
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Recently updated kitchen & upstairs bath. Charming bungalow 2 blocks from newly built Lincoln School. Short walk to Spring Road Business Center and Prairie path. Freshly painted, refinished hardwood floors and new carpet. Full finished basement with 1/2 bath. 4 bedrooms 2.5 baths.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$311
Property Type
House
Property Taxes
$623
HOA Dues
-
Year Built
1927

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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 #11736428)

Price History

Date / Event Date Event Price
Apr 14, 2023 Sold
Premium
Sold
Mar 13, 2023 Listed by L.W. Reedy Real Estate $469,900
Listed by L.W. Reedy Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,008
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 140
  • Lot Size Frontage Feet: 52
  • Total Building Area: 2,520
  • Gross Building Area: 2,520
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELM CREST
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: ELM CREST NE 1/4 SW 1/4 SEC 11 39 11

Neighborhood

  • School District Name: Elmhurst School District 205
  • School Tax School District: DISTRICT 205
  • Census Tract: 843900

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3027-D5
  • Parcel: 06-11-322-018
  • Block: 18
  • Lot: 7
  • Municipality: YORK
  • Latitude: 41.8803
  • Longitude: -87.9499

    Address

  • Full Address: 650 S Spring Rd
  • Address - House Number: 650
  • Street Direction: S
  • Address - Street Name: Spring
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Elmhurst
  • Carrier Code: C051
  • 4-Digit Zip Code: 4225
  • Zip Code: 60126

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $767,436
  • Tax Rate Code Area: 6046

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 476,060
  • High Value: 557,851
  • Low Value: 394,270

    Market Valuation

  • Market Total Value: $397,680
  • Market Land Value: $178,410
  • Market Improvement Value: $219,270

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $132,560
  • Assessed Land Value: $59,470
  • Assessed Improvements Value: $73,090

    Sales

  • Current Sale Contract Date: Apr 10, 2023
  • Current Sale Recording Date: Apr 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 24065
  • Previous Sale Recording Date: Apr 22, 2008
  • Previous Sale Contract Date: Apr 12, 2008
  • Previous Sale Amount: $378,500
  • 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 Elmhurst

Stats & Trends

Median Asking:

$649,900

Sale Price/ft²

$368

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2709 ft²

Average Home Age

41.9 years

Currently For Sale

82 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 429 S Stratford Avenue, Elmhurst, IL, 60126

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,702 ft²
429 S Stratford Avenue, Elmhurst, IL, 60126 Listing by Juliet Mills-Holubowicz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Patricia Hill, L.W. Reedy Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11736428
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 650 South Spring Road built and last sold?
The property at 650 South Spring Road was built in 1927 and last sold on Apr 10, 2023 for $465,000.
How much is this home worth?
The estimated value of the home located at 650 South Spring Road is $0.
What are some comparable homes to 650 South Spring Road?
There are currently no comparable homes to 650 South Spring Road.
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