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Roselle 60172
740 Springfield Drive
$380,000
● House - Off Market

740 Springfield Drive

Roselle, IL 60172
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,900 Ft²
$378,586
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Highly sought-after single family home in Four Seasons subdivision. Features three bedrooms up and a unique set-up on the lower level with 4th bedroom with walk-in closet, sitting area and bathroom. Could be used as in-law or adult kids suite as it has a separate entrance. Main floor family room with gorgeous newer maple hardwood flooring. Roof, AC, some windows, and bathroom remodel all completed in 2017. Large deck in back perfect for entertaining and relaxing! Exquisitely maintained home! Pride of ownership abounds.
Unit Size
1,900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$200
Property Type
House
Property Taxes
$591
HOA Dues
$38
Year Built
1973

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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 #11851971)

Price History

Date / Event Date Event Price
Oct 6, 2023 Sold
Premium
Sold
Aug 4, 2023 Listed by JPAR Stella Blu Realty $380,000
Listed by JPAR Stella Blu Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,510
  • Gross Building Area: 2,510
  • Building Area: 2,510
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 0
  • Heated Square Feet: 2,510
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE SEASONS
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: THE SEASONS UNIT #2

Neighborhood

  • School District Name: Bloomingdale School District 13
  • School Tax School District: ROSELLE
  • Census Tract: 841103

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2912-D6
  • Parcel: 02-09-203-023
  • Lot: 229
  • Municipality: BLOOMINGDALE
  • Latitude: 41.9691
  • Longitude: -88.1005

    Address

  • Full Address: 740 Springfield Dr
  • Legal Unit: 2
  • Address - House Number: 740
  • Address - Street Name: Springfield
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Roselle
  • Carrier Code: C012
  • 4-Digit Zip Code: 3433
  • Zip Code: 60172

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $709,528
  • Tax Rate Code Area: 2006

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 378,066
  • High Value: 442,108
  • Low Value: 314,024

    Market Valuation

  • Market Total Value: $321,480
  • Market Land Value: $92,340
  • Market Improvement Value: $229,140

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $107,160
  • Assessed Land Value: $30,780
  • Assessed Improvements Value: $76,380

    Sales

  • Current Sale Contract Date: Sep 22, 2023
  • Current Sale Recording Date: Oct 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 66299
  • Previous Sale Recording Date: Dec 09, 1997
  • Previous Sale Contract Date: Nov 25, 1997
  • Previous Sale Amount: $152,000
  • 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 Roselle

Stats & Trends

Median Asking:

$414,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2268 ft²

Average Home Age

44.4 years

Currently For Sale

31 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 5600 Cloverdale Road, Hanover Park, IL, 60133

$3,200 /mo

  • 4 Beds
  • 3 Baths
  • 2,395 ft²
5600 Cloverdale Road, Hanover Park, IL, 60133 Listing by Maria Noyola

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Joseph DiTuri, JPAR Stella Blu Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11851971
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 740 Springfield Drive built and last sold?
The property at 740 Springfield Drive was built in 1973 and last sold on Sep 22, 2023 for $380,000.
How much is this home worth?
The estimated value of the home located at 740 Springfield Drive is $387,063.
What are some comparable homes to 740 Springfield Drive?
There are currently no comparable homes to 740 Springfield Drive.
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