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Addison 60101
721 W Beach Drive
$330,000
● House - Off Market

721 W Beach Drive

Addison, IL 60101
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,254 Ft²
$342,217
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Gorgeous Ranch home with solid brick construction and tons of updates! Hardwood floors run throughout most of the home, and were just beautifully refinished. Both bathrooms have been renovated with modern fixtures and a stylish glass door for the shower/ tub. The kitchen features stainless steel appliances, Corian countertops, and has a sliding glass door leading to your spacious backyard.  Brand new roof and gutters installed in 2017. The majority of the windows were updated to Pella windows. The AC was replaced in 2016, the furnace in 2010, and the water heater in 2020. The basement is partially finished with a huge 10x26 fourth bedroom! The home is located in the very sought-after Stone Elementary School district.
Unit Size
1,254 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$259
Property Type
House
Property Taxes
$490
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 #11298160)

Price History

Date / Event Date Event Price
Feb 28, 2022 Sold
Premium
Sold
Jan 4, 2022 Listed by Bons Realty $325,000
Listed by Bons Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • 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: 4
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 131
  • Lot Size Frontage Feet: 64
  • Total Building Area: 2,508
  • Gross Building Area: 2,508
  • Building Area: 1,254
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • 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: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: LULLOS GREEN MEADOW ESTATES UNIT NO 13

Neighborhood

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

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2970-D2
  • Parcel: 03-20-203-006
  • Lot: 45
  • Municipality: ADDISON
  • Latitude: 41.9468
  • Longitude: -88.0067

    Address

  • Full Address: 721 W Beach Dr
  • Legal Unit: 13
  • Address - House Number: 721
  • Street Direction: W
  • Address - Street Name: Beach
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Addison
  • Carrier Code: C016
  • 4-Digit Zip Code: 1280
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $631,246
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.0816
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 93
  • Final Value: 322,425
  • High Value: 348,735
  • Low Value: 296,114

    Market Valuation

  • Market Total Value: $275,130
  • Market Land Value: $103,560
  • Market Improvement Value: $171,570

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $91,710
  • Assessed Land Value: $34,520
  • Assessed Improvements Value: $57,190

    Sales

  • Current Sale Contract Date: Feb 24, 2022
  • Current Sale Recording Date: Mar 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 26406
  • Previous Sale Recording Date: Nov 24, 1999
  • Previous Sale Contract Date: Oct 19, 1999
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: 33
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:

$401,266

Sale Price/ft²

$221

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1873 ft²

Average Home Age

42.1 years

Currently For Sale

49 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 635 N Rumple Lane, Addison, IL, 60101

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,597 ft²
635 N Rumple Lane, Addison, IL, 60101 Listing by Maria Noyola
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: Sean Bonselaar, Bons Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11298160
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 721 West Beach Drive built and last sold?
The property at 721 West Beach Drive was built in 1968 and last sold on Feb 24, 2022 for $330,000.
How much is this home worth?
The estimated value of the home located at 721 West Beach Drive is $326,798.
What are some comparable homes to 721 West Beach Drive?
There are currently no comparable homes to 721 West Beach Drive.
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