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West Chicago 60185
711 Town Road
$315,000
● House - Off Market

711 Town Road

West Chicago, IL 60185
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
988 Ft²
$2,155
Est. Monthly
7.85%
Cap Rate

About This Property

Welcome to this charming raised ranch home. It features three bedrooms, two bathrooms, a finished lower level with a private entrance, a one-car garage, and an extra concrete driveway for additional parking. The property also includes a spacious brick patio, a fenced-in backyard, and several fruit trees, including peach and cherry trees.    All appliances are included-refrigerator, stove, microwave, washer, and dryer.    This home is in a great location, close to Pioneer Park and Pioneer Kindergarten School, within walking distance to West Chicago High School, and near the train station, downtown area, library, shops, restaurants. Close to Route 38 and Route 59.    Come and see it for yourself!
Unit Size
988 Ft²
Days on Market
-
Land Size
-
Price per sqft
$339
Property Type
House
Property Taxes
$510
HOA Dues
-
Year Built
1964

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Full Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 676
  • Garage Type: 7
  • Garage Square Area: 312
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 560
  • Total Building Area: 1,664
  • Gross Building Area: 1,664
  • Building Area: 988
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 988
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALTA VISTA GARDENS
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: ALTA VISTA GARDENS

Neighborhood

  • School District Name: West Chicago School District 33
  • School Tax School District: WEST CHICAGO
  • Census Tract: 841501

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3022-B5
  • Parcel: 04-09-311-003
  • Block: 12
  • Lot: 16
  • Municipality: WINFIELD
  • Latitude: 41.8739
  • Longitude: -88.2188

    Address

  • Full Address: 711 Town Rd
  • Address - House Number: 711
  • Address - Street Name: Town
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: West Chicago
  • Carrier Code: C001
  • 4-Digit Zip Code: 2630
  • Zip Code: 60185

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $597,792
  • Tax Rate Code Area: 4011

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 262,153
  • High Value: 303,360
  • Low Value: 220,947

    Market Valuation

  • Market Total Value: $207,480
  • Market Land Value: $52,560
  • Market Improvement Value: $154,920

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,160
  • Assessed Land Value: $17,520
  • Assessed Improvements Value: $51,640

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 1995
  • Current Sale Recording Date: Mar 03, 1995
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R95-025615
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 West Chicago

Stats & Trends

Median Asking:

$384,950

Sale Price/ft²

$225

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2157 ft²

Average Home Age

50.1 years

Currently For Sale

16 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

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MRED

Listed by: Pedro Porcayo, Porcayo & Associates Realty
Data Source: MRED, MLS# MRD12397141
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 711 Town Road built and last sold?
The property at 711 Town Road was built in 1964 and last sold on Feb 28, 1995 for $112,000.
How much is this home worth?
The estimated value of the home located at 711 Town Road is $0.
What are some comparable homes to 711 Town Road?
There are currently no comparable homes to 711 Town Road.
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