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Addison 60101
690 W Ronald Drive
$370,000
● House - Off Market

690 W Ronald Drive

Addison, IL 60101
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,254 Ft²
$2,285
Est. Monthly
7.44%
Cap Rate

About This Property

Brick ranch with full finished basement...updated cabinets and stainless steel appliances, gorgeous hardwood floors throughout first floor, brand new front and back doors,  updated full bath, master bedroom opens to half bath, basement flooring 7 years, furnace and ac 2021, roof 2011, sump pump 2022, electric panel 2017, great back yard too!
Unit Size
1,254 Ft²
Days on Market
-
Land Size
-
Price per sqft
$287
Property Type
House
Property Taxes
$517
HOA Dues
-
Year Built
1966

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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: 3 years ago (MRED MLS #12010300)

Price History

Date / Event Date Event Price
May 20, 2024 Sold
Premium
Sold
Mar 21, 2024 Listed by Fulton Grace Realty $360,000
Listed by Fulton Grace Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • 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: 11
  • 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: 9
  • Basement Area: 1,254
  • Garage Type: 1
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 111
  • Lot Size Frontage Feet: 76
  • Total Building Area: 2,904
  • Gross Building Area: 2,904
  • Building Area: 1,254
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,254
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LULLOS GREEN MEADOW ESTATES
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: LULLOS GREEN MEADOW ESTATES UNIT #15

Neighborhood

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

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2970-D3
  • Parcel: 03-20-206-013
  • Lot: 101
  • Municipality: ADDISON
  • Latitude: 41.9447
  • Longitude: -88.006

    Address

  • Full Address: 690 W Ronald Dr
  • Legal Unit: 15
  • Address - House Number: 690
  • Street Direction: W
  • Address - Street Name: Ronald
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Addison
  • Carrier Code: C016
  • 4-Digit Zip Code: 1267
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $620,642
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1616
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 344,950
  • High Value: 400,713
  • Low Value: 289,188

    Market Valuation

  • Market Total Value: $285,810
  • Market Land Value: $103,560
  • Market Improvement Value: $182,250

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $95,270
  • Assessed Land Value: $34,520
  • Assessed Improvements Value: $60,750

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: Jul 19, 1996
  • Current Sale Recording Date: Jul 25, 1996
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R96-122982

    Financing

  • First Mortgage Financing Type: VAR
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:

$399,950

Sale Price/ft²

$222

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1979 ft²

Average Home Age

37.8 years

Currently For Sale

46 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 125 S Maple Street, Itasca, IL, 60143

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,790 ft²
125 S Maple Street, Itasca, IL, 60143 Listing by James Diestel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Angela Corcione, Fulton Grace Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 12010300
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 690 West Ronald Drive built and last sold?
The property at 690 West Ronald Drive was built in 1966 and last sold on Jul 19, 1996 for $155,000.
How much is this home worth?
The estimated value of the home located at 690 West Ronald Drive is $359,822.
What are some comparable homes to 690 West Ronald Drive?
There are currently no comparable homes to 690 West Ronald Drive.
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