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Wheaton 60187
715 N WHEATON Avenue
$540,000
● House - Off Market

715 N WHEATON Avenue

WHEATON, IL 60187
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,065 Ft²
$877,581
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

As American as apple pie, this vintage classic Four-Square will tug at your heartstrings! Spacious front porch with swing invites visitors up into the house. Tremendous space on the first floor including large first Floor Family Room and remodeled eat-in Kitchen with stainless steel appliances, granite counters. Features include: 4 bedrooms on 2nd floor, all remodeled Baths, 3rd Floor Play Area, Basement Rec Room with look-out windows, hardwood floors everywhere....but quaint original details still shine. Awesome outdoor space boasts deck and gazebo, and newer 2 car detached garage.  Perfectly located: a few blocks to downtown area, and elementary, middle schools, and train. A quick walk to popular Northside Park with public pool, playground.
Unit Size
2,065 Ft²
Days on Market
-
Land Size
-
Price per sqft
$266
Property Type
House
Property Taxes
$917
HOA Dues
-
Year Built
1907

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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 #09623461)

Price History

Date / Event Date Event Price
Jul 12, 2017 Sold
Premium
Sold
May 10, 2017 Listed by Baird & Warner $549,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 250
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,255
  • Garage Type: 4
  • Garage Square Area: 572
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 171
  • Lot Size Frontage Feet: 59
  • Total Building Area: 3,536
  • Gross Building Area: 3,536
  • Building Area: 3,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 3,536
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MALLORYS ADD
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: MALLORYS ADD S 59 FT OF N 160 FT OF W 165 FT & E 6 1/2 FT OF S 64 FT OF W 171.5 FT OF N 165 FT

Neighborhood

  • School District Name: Community Unit School District 200
  • School Tax School District: DISTRICT 200
  • Census Tract: 842500

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3024-C6
  • Parcel: 05-16-106-002
  • Block: 7
  • Municipality: MILTON
  • Latitude: 41.8718
  • Longitude: -88.1092

    Address

  • Full Address: 715 N Wheaton Ave
  • Address - House Number: 715
  • Street Direction: N
  • Address - Street Name: Wheaton
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Wheaton
  • Carrier Code: C004
  • 4-Digit Zip Code: 4134
  • Zip Code: 60187

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,349,068
  • Tax Rate Code Area: 5012

    Appraisal Valuation

  • Standard Deviation: 0.1526
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 710,151
  • High Value: 818,562
  • Low Value: 601,739

    Market Valuation

  • Market Total Value: $602,400
  • Market Land Value: $117,990
  • Market Improvement Value: $484,410

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $200,800
  • Assessed Land Value: $39,330
  • Assessed Improvements Value: $161,470

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 07, 2017
  • Current Sale Recording Date: Jul 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2017-072231
  • Previous Sale Recording Date: Sep 26, 2012
  • Previous Sale Contract Date: Sep 07, 2012
  • Previous Sale Amount: $466,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX

    Previous Mortgages

  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Type:
    Premium
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 Wheaton

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$275

Below Asking

0.01%

Average Days on Market

37

Average Home Size

1861 ft²

Average Home Age

51.7 years

Currently For Sale

79 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: , Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 09623461
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 715 North Wheaton Avenue built and last sold?
The property at 715 North Wheaton Avenue was built in 1907 and last sold on Jul 7, 2017 for $540,000.
How much is this home worth?
The estimated value of the home located at 715 North Wheaton Avenue is $0.
What are some comparable homes to 715 North Wheaton Avenue?
There are currently no comparable homes to 715 North Wheaton Avenue.
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