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Wilmington 60481
734 Fairchild Drive
$312,000
● House - Off Market

734 Fairchild Drive

Wilmington, IL 60481
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,000 Ft²
$345,115
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Gorgeous 2000 square foot 3 bedroom 2 1/2 bath ranch w/ full basement, massive greatroom w/ cathedral ceilings & fireplace, 17x26 kitchen w/ pantry, master suite with whirlpool tub, separate shower, dbl. sink and walk in closet, rear deck & fenced yard w/ storage shed, Recent updates include : roof 2020, furnace 5 years, central air 4 years  Mint condition one owner home!!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$155
Property Type
House
Property Taxes
$462
HOA Dues
-
Year Built
-

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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 #11232380)

Price History

Date / Event Date Event Price
Nov 22, 2021 Sold
Premium
Sold
Sep 28, 2021 Listed by Pro Real Estate $309,500
Listed by Pro Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,640
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARTRIDGE RUN PHASE THREE
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 71 IN PARTRIDGE RUN SUB. PHASE 3, A SUB OF PRT OF THE NE1/4 OF SEC. 36 T33N-R9E.

Neighborhood

  • School District Name: Wilmington Community Unit School District 209U
  • Census Tract: 883401

Geography

  • Subdivision Phase Number: 3
  • Parcel: 03-17-36-217-019
  • Lot: 71
  • Meridian: SEC 36 TWN 33N RNG 09E
  • Municipality: WILMINGTON
  • Latitude: 41.3017
  • Longitude: -88.133

    Address

  • Full Address: 734 Fairchild Dr
  • Address - House Number: 734
  • Address - Street Name: Fairchild
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Wilmington
  • Carrier Code: C003
  • 4-Digit Zip Code: 1584
  • Zip Code: 60481

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $594,610
  • Tax Rate Code Area: 0302

    Appraisal Valuation

  • Standard Deviation: 0.1484
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 311,760
  • High Value: 358,028
  • Low Value: 265,491

    Market Valuation

  • Market Total Value: $248,904
  • Market Land Value: $50,334
  • Market Improvement Value: $198,570

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $82,968
  • Assessed Land Value: $16,778
  • Assessed Improvements Value: $66,190

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Dec 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021130012

    Financing

  • First Mortgage Financing Type: FIX
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 Wilmington

Stats & Trends

Median Asking:

$272,500

Sale Price/ft²

$184

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1802 ft²

Average Home Age

29.6 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

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MRED

Listed by: Christopher Shell, Pro Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11232380
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 734 Fairchild Drive built and last sold?
The property at 734 Fairchild Drive was built in and last sold on Nov 18, 2021 for $312,000.
How much is this home worth?
The estimated value of the home located at 734 Fairchild Drive is $318,204.
What are some comparable homes to 734 Fairchild Drive?
There are currently no comparable homes to 734 Fairchild Drive.
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