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Darien 60561
8337 Grandview Lane
$440,000
● House - Off Market

8337 Grandview Lane

Darien, IL 60561
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,240 Ft²
$2,890
Est. Monthly
5.65%
Cap Rate

About This Property

Don't wait to see this gorgeous SFH! Located in Darien's Farmingdale Village Subdivision this immaculately kept ranch style brick home is move-in ready. This spacious house boasts 3 large bedrooms and 2 full bathrooms, hardwood floors throughout except for the carpeted living and dining rooms.  Enjoy the huge family room with a cool wet-bar and cozy fireplace while looking out onto the expansive deck. Cook away in the updated, open kitchen. Large unfinished basement has a ton of potential. Stackable washer/dryer located in the mud room on the first floor and a separate washer/dryer in the basement. Ideal proximity to expressways, shopping and restaurants. Beautiful fenced-in backyard. Easy to show, don't miss it!
Unit Size
2,240 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$196
Property Type
House
Property Taxes
$729
HOA Dues
-
Year Built
1978

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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 #11987931)

Price History

Date / Event Date Event Price
Mar 29, 2024 Sold
Premium
Sold
Feb 23, 2024 Listed by Charles Rutenberg Realty $440,000
Listed by Charles Rutenberg Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 900
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 3,137
  • Gross Building Area: 3,137
  • Building Area: 2,237
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,237
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GALLAGHER & HENRYS FARMINGDALE VILLAGE
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: GALLAGHER & HENRYS FARMINGDALE VILLAGE UNIT NO 3

Neighborhood

  • School District Name: Center Cass School District 66
  • School Tax School District: DARIEN-WOODRIDG
  • Census Tract: 845809

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: 3206-B4
  • Parcel: 09-31-401-005
  • Lot: 245
  • Municipality: DOWNERS GROVE
  • Latitude: 41.7357
  • Longitude: -88.0214

    Address

  • Full Address: 8337 Grandview Ln
  • Legal Unit: 3
  • Address - House Number: 8337
  • Address - Street Name: Grandview
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Darien
  • Carrier Code: C043
  • 4-Digit Zip Code: 1655
  • Zip Code: 60561

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $874,928
  • Tax Rate Code Area: 9317

    Appraisal Valuation

  • Standard Deviation: 0.0847
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 431,642
  • High Value: 468,236
  • Low Value: 395,048

    Market Valuation

  • Market Total Value: $442,770
  • Market Land Value: $178,980
  • Market Improvement Value: $263,790

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $147,590
  • Assessed Land Value: $59,660
  • Assessed Improvements Value: $87,930

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: Mar 27, 2024
  • Current Sale Recording Date: Apr 02, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 17339
  • Previous Sale Recording Date: Jul 08, 1999
  • Previous Sale Contract Date: Jun 30, 1999
  • Previous Sale Amount: $244,000
  • Previous Sale Document Type: 27
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:

$459,900

Sale Price/ft²

$248

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2340 ft²

Average Home Age

43.9 years

Currently For Sale

52 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: Thomas McMahon, Charles Rutenberg Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11987931
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 8337 Grandview Lane built and last sold?
The property at 8337 Grandview Lane was built in 1978 and last sold on Mar 27, 2024 for $440,000.
How much is this home worth?
The estimated value of the home located at 8337 Grandview Lane is $449,155.
What are some comparable homes to 8337 Grandview Lane?
There are currently no comparable homes to 8337 Grandview Lane.
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