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Carol Stream 60188
744 Medford Drive
$330,500
● House - Off Market

744 Medford Drive

Carol Stream, IL 60188
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,752 Ft²
$315,528
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Sold during processing. Original owner has lovingly cared for this 3 bed, 1 1/2 bath North Hills home. Unique floorplan with kitchen overlooking the front yard. Updates in the last five years include upstairs bath, deck addition, granite countertops, main level repainted, luxury vinyl plank floors on first floor, and others. Unfinished basement with additional storage and laundry.
Unit Size
1,752 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$180
Property Type
House
Property Taxes
$737
HOA Dues
-
Year Built
1988

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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 #11777256)

Price History

Date / Event Date Event Price
Jun 20, 2023 Sold
Premium
Sold
May 7, 2023 Listed by Baird & Warner $315,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 0
  • Full Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,752
  • Gross Building Area: 1,752
  • Building Area: 1,752
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,752
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH HILLS
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: NORTH HILLS UNIT 11 ALL

Neighborhood

  • School District Name: Community Consolidated School District 93
  • School Tax School District: CAROL STREAM
  • Census Tract: 841307

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2967-D7
  • Parcel: 01-36-209-030
  • Lot: 373
  • Municipality: WAYNE
  • Latitude: 41.9126
  • Longitude: -88.1462

    Address

  • Full Address: 744 Medford Dr
  • Legal Unit: 11
  • Address - House Number: 744
  • Address - Street Name: Medford
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Carol Stream
  • Carrier Code: C006
  • 4-Digit Zip Code: 9291
  • Zip Code: 60188

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $884,564
  • Tax Rate Code Area: 1034

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 363,947
  • High Value: 425,732
  • Low Value: 302,163

    Market Valuation

  • Market Total Value: $305,610
  • Market Land Value: $93,690
  • Market Improvement Value: $211,920

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $101,870
  • Assessed Land Value: $31,230
  • Assessed Improvements Value: $70,640

    Sales

  • Current Sale Contract Date: Jun 15, 2023
  • Current Sale Recording Date: Jun 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 39905
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 Carol Stream

Stats & Trends

Median Asking:

$359,900

Sale Price/ft²

$227

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1521 ft²

Average Home Age

42.4 years

Currently For Sale

36 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: Robert Homa, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11777256
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 744 Medford Drive built and last sold?
The property at 744 Medford Drive was built in 1988 and last sold on Jun 15, 2023 for $330,500.
How much is this home worth?
The estimated value of the home located at 744 Medford Drive is $0.
What are some comparable homes to 744 Medford Drive?
There are currently no comparable homes to 744 Medford Drive.
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