$876,000
●
House -
Off Market
856 Forest Avenue N
Glen Ellyn, IL 60137
3 Beds
2 Baths
2,000 Ft²
$4,020
Est. Monthly
4.06%
Cap Rate
About This Property
BRAND NEW ONE-LEVEL LIVING can be yours with this proposed new
construction home from popular McMaster/Faganel Builders! Watch
this sprawling ranch be built with all your wish-list features!
Located convenient to downtown Glen Ellyn, Lake Ellyn, Schools,
Train and expressways. Home is open and lofty, excellent for
entertaining! Full, unfinished basement. Photos are from a
completed home with same floor plan and similar features.
Feel free to drive by the lot and start planning your new
home today! 10-12 month completion time. Floor plan modifications
are possible, along with interior feature upgrades and additions.
The possibilities are endless! Property taxes listed reflect
the vacant lot. Taxes will change when lot is built upon.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$400
Property Type
House
Property Taxes
$92
HOA Dues
-
Year Built
-
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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 #11789179)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2023 | Listed by Berkshire Hathaway HomeServices Chicago | $199,000 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
| | |||
|
Attention all builders! 66x193 cleared lot! No tear down costs - just get your house plans together and apply for your permits. Ready to build! This lot is one of two available. The other lot is listed on MLS#11902102. Super location to build the home you've always wanted! Convenient to downtown Glen Ellyn and all of the entertainment, dining, recreation and convenience it offers. Close to Lake Ellyn, Glenbard West High, Forest Glen Elementary. Ackerman Sports Complex is nearby. The Great Western Trail is convenient for biking, walking and running. Drive by today! Survey in Additional Information.
| |||
| Sep 8, 2023 | Sold | ||
| Sold | |||
| Aug 9, 2023 | Listed by Berkshire Hathaway HomeServices Chicago | $239,900 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
| | |||
|
Attention all builders! No tear down costs - just get your house plans together and apply for your permits. Ready to build! This lot is one of three available. The other two lots are listed on MLS#11855410 and 11855438. Super location to build the home you've always wanted! Convenient to downtown Glen Ellyn and all of the entertainment, dining, recreation and convenience it offers. Close to Lake Ellyn, Glenbard West High, Forest Glen Elementary. Ackerman Sports Complex is nearby. The Great Western Trail is convenient for biking, walking and running. Drive by today!
| |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Glen Ellyn
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Listed by: Pat Murray, Berkshire Hathaway HomeServices Chicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11789179
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11789179
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