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Gilberts 60136
73 Summit Drive
$347,000
● House - Off Market

73 Summit Drive

GILBERTS, IL 60136
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,200 Ft²
$794,088
RealtyHop Estimate
103.66%
Since Dec 1, 2008
National-US
Primary Model

About This Property

Outstanding! Brick front, hardwood flrs, custom window coverings, updated kitchen w/granite counters, slip in oven, built-in cook top, raised panel cabs, newer carpet in family rm & newly finished English basement, pre-wired surround sound/ theatre rm, wet bar, rec rm, prof painted, remodeled 2nd flr loft area, deluxe master bdrm w/luxury bath, large premium fenced yard, multi-tiered deck. Front faces woods. SHARP!
Unit Size
3,200 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$122
Property Type
House
Property Taxes
$601
HOA Dues
$25
Year Built
2002

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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

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,358
  • Garage Type: 1
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,166
  • Total Building Area: 5,193
  • Gross Building Area: 5,193
  • Building Area: 3,235
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 3,235
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBER TRAILS
  • Land Acres: 0000000440
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: TIMBER TRAILS UNIT 3 LOT 254

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850708

Geography

  • Parcel: 02-36-103-026
  • Lot: 254
  • Municipality: RUTLAND
  • Latitude: 42.0792
  • Longitude: -88.3711

    Address

  • Full Address: 73 Summit Dr
  • Legal Unit: 3
  • Address - House Number: 73
  • Address - Street Name: Summit
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Gilberts
  • Carrier Code: R033
  • 4-Digit Zip Code: 4035
  • Zip Code: 60136

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $985,400
  • Tax Rate Code Area: RU035

    Appraisal Valuation

  • Standard Deviation: 0.155
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 468,419
  • High Value: 541,063
  • Low Value: 395,775

    Market Valuation

  • Market Total Value: $363,133
  • Market Land Value: $73,352
  • Market Improvement Value: $289,781

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $120,996
  • Assessed Land Value: $24,441
  • Assessed Improvements Value: $96,555

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 10, 2008
  • Current Sale Recording Date: Dec 05, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2008K089373
  • Previous Sale Recording Date: Dec 05, 2008
  • Previous Sale Contract Date: Sep 11, 2008
  • Previous Sale Amount: $366,500
  • 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 Gilberts

Stats & Trends

Median Asking:

$402,450

Sale Price/ft²

$181

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2294 ft²

Average Home Age

25 years

Currently For Sale

8 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 133 Willey Street, Gilberts, IL, 60136

$2,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,950 ft²
133 Willey Street, Gilberts, IL, 60136 Listing by Tracy Tran

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Rita Landem, ABR,GRI,SRES, RE/MAX Horizon
Data Source: MRED, MLS# MRD06949487
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 73 Summit Drive built and last sold?
The property at 73 Summit Drive was built in 2002 and last sold on Nov 10, 2008 for $347,000.
How much is this home worth?
The estimated value of the home located at 73 Summit Drive is $399,521.
What are some comparable homes to 73 Summit Drive?
There are currently no comparable homes to 73 Summit Drive.
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