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Oak Brook 60523
84 Timber View Drive
$370,000
● House - Off Market

84 Timber View Drive

Oak Brook, IL 60523
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,680 Ft²
$482,460
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

**Bring all offers! Must sell now! Great opportunity to be in the exclusive Timber Trails subdivision in Oak Brook at an affordable price point! Situated on just under a HALF-ACRE landscaped lot, this home has a ton of potential for investors looking to rehab or someone wanting to rebuild and make it their own. Ideal location close to restaurants, expressways, shopping, and everything Oak Brook has to offer. Charming home just waiting for your imagination, the possibilities are endless!
Unit Size
2,680 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$159
Property Type
House
Property Taxes
$465
HOA Dues
-
Year Built
1950

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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 #11138684)

Price History

Date / Event Date Event Price
Sep 1, 2021 Sold
Premium
Sold
Jul 1, 2021 Listed by Berkshire Hathaway HomeServices Chicago $425,000
Listed by Berkshire Hathaway HomeServices Chicago

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 41
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 836
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Depth Feet: 200
  • Lot Size Frontage Feet: 100
  • Total Building Area: 2,680
  • Gross Building Area: 2,680
  • Building Area: 1,844
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,844
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBER TRAIL ESTS
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: TIMBER TRAIL ESTS ONE

Neighborhood

  • School District Name: Salt Creek School District 48
  • School Tax School District: OAK BROOK
  • Census Tract: 844601

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3027-E7
  • Parcel: 06-23-202-010
  • Lot: 23
  • Municipality: YORK
  • Latitude: 41.8604
  • Longitude: -87.941

    Address

  • Full Address: 84 Timber View Dr
  • Address - House Number: 84
  • Address - Street Name: Timber View
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Oak Brook
  • Carrier Code: C031
  • 4-Digit Zip Code: 1429
  • Zip Code: 60523

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $604,446
  • Tax Rate Code Area: 6055

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 503,632
  • High Value: 590,233
  • Low Value: 417,031

    Market Valuation

  • Market Total Value: $442,500
  • Market Land Value: $248,970
  • Market Improvement Value: $193,530

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $147,500
  • Assessed Land Value: $82,990
  • Assessed Improvements Value: $64,510

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021-153103
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 Oak Brook

Stats & Trends

Median Asking:

$1,175,000

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

52

Average Home Size

6085 ft²

Average Home Age

41.6 years

Currently For Sale

19 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: Elaine Zannis, Berkshire Hathaway HomeServices Chicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11138684
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 84 Timber View Drive built and last sold?
The property at 84 Timber View Drive was built in 1950 and last sold on Aug 31, 2021 for $370,000.
How much is this home worth?
The estimated value of the home located at 84 Timber View Drive is $0.
What are some comparable homes to 84 Timber View Drive?
There are currently no comparable homes to 84 Timber View Drive.
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