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Darien 60561
7756 Wakefield Drive
$477,000
● House - Off Market

7756 Wakefield Drive

Darien, IL 60561
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,633 Ft²
$2,990
Est. Monthly
7.18%
Cap Rate

About This Property

Welcome to this charming 4-bedroom, 2.5-bathroom home nestled in the coveted Farmingdale Ridge location across from Ridgewood Park! No backyard neighbors since the home backs to the Fox Hollow Forest Preserve. The home's layout is designed for easy living with a spacious living room and formal dining room and a seamless flow from the kitchen and breakfast room to the family room with sliding glass door to the deck and large fenced in backyard perfect for outdoor gatherings. The second floor features four spacious bedrooms including the master bedroom and master bath. The unfinished basement offers tons of storage. New furnace and central air in 2015. 6 foot privacy fence 2022. Newer windows throughout.
Unit Size
2,633 Ft²
Days on Market
-
Land Size
-
Price per sqft
$180
Property Type
House
Property Taxes
$657
HOA Dues
-
Year Built
1984

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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 #12028326)

Price History

Date / Event Date Event Price
May 30, 2024 Sold
Premium
Sold
Apr 13, 2024 Listed by L.W. Reedy Real Estate $475,000
Listed by L.W. Reedy Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 810
  • Garage Type: 7
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,754
  • Gross Building Area: 2,754
  • Building Area: 1,944
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,944
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GALLAGHER & HENRYS FARMINGDALE RIDGE
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: GALLAGHER & HENRYS FARMINGDALE RIDGE UNIT NO 2 ALL

Neighborhood

  • School District Name: Center Cass School District 66
  • School Tax School District: DARIEN-WOODRIDG
  • Census Tract: 845802

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: 3206-D2
  • Parcel: 09-29-302-041
  • Lot: 181
  • Municipality: DOWNERS GROVE
  • Latitude: 41.7461
  • Longitude: -88.0061

    Address

  • Full Address: 7756 Wakefield Dr
  • Legal Unit: 2
  • Address - House Number: 7756
  • Address - Street Name: Wakefield
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Darien
  • Carrier Code: C032
  • 4-Digit Zip Code: 4323
  • Zip Code: 60561

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $788,262
  • Tax Rate Code Area: 9083

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 474,687
  • High Value: 548,182
  • Low Value: 401,192

    Market Valuation

  • Market Total Value: $392,220
  • Market Land Value: $129,840
  • Market Improvement Value: $262,380

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $130,740
  • Assessed Land Value: $43,280
  • Assessed Improvements Value: $87,460

    Exemptions

  • Senior Citizen Exemption : Yes
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 Darien

Stats & Trends

Median Asking:

$459,950

Sale Price/ft²

$247

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2381 ft²

Average Home Age

43.8 years

Currently For Sale

50 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 8885 Dryden Street, Woodridge, IL, 60517

$3,800 /mo

  • 4 Beds
  • 3 Baths
  • 2,972 ft²
8885 Dryden Street, Woodridge, IL, 60517 Listing by Haroon Masood
Unit for rent at 1015 Claremont Drive, Downers Grove, IL, 60516

$3,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
1015 Claremont Drive #1015, Downers Grove, IL, 60516 Listing by Molly Roche

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Susan Nagel, L.W. Reedy Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 12028326
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 7756 Wakefield Drive built and last sold?
The property at 7756 Wakefield Drive was built in 1984 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7756 Wakefield Drive is $0.
What are some comparable homes to 7756 Wakefield Drive?
There are currently no comparable homes to 7756 Wakefield Drive.
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