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Des Plaines 60016
864 E Thacker Street
$295,000
● House - Off Market

864 E Thacker Street

Des Plaines, IL 60016
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,000 Ft²
$1,794
Est. Monthly
7.53%
Cap Rate

About This Property

Welcome to this charming bungalow located in one of the most desirable neighborhoods of Des Plaines. This beautifully renovated home features three spacious bedrooms, two full baths, and a fully finished lower level, providing ample space for all your needs. The home boasts brand new luxury vinyl flooring throughout, offering both style and durability. A lovely den off the kitchen provides a perfect spot for relaxation or work. The large, well-maintained yard is perfect for outdoor enjoyment. With a convenient location near shopping, town, and the train, this home is ideally situated for ease of living. Priced to sell this is a great place to call home. We can't wait to show you around! SOLD AS IS.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$295
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1915

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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.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,550
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 250
  • Total Building Area: 868
  • Gross Building Area: 868
  • Building Area: 868
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 868
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHICAGO PLAINES
  • Land Acres: 0000000082
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: PART OF (CHICAGO)(PLAINES) SUB S 2443.86 FT LYING W R W WISCONSIN CENTRAL RR LYING S C & NW RR & NS 2443.86 FT & E W 1670.86

Neighborhood

  • School District Name: Des Plaines Community Consolidated School District 62
  • Census Tract: 806300

Geography

  • District: 22
  • Parcel: 09-17-323-015-0000
  • Block: 33
  • Lot: 40
  • Meridian: SEC 17 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0385
  • Longitude: -87.9026

    Address

  • Full Address: 864 E Thacker St
  • Address - House Number: 864
  • Street Direction: E
  • Address - Street Name: Thacker
  • Address - Suffix Type: St
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C035
  • 4-Digit Zip Code: 3250
  • Zip Code: 60016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $400,859
  • Tax Rate Code Area: 22028

    Appraisal Valuation

  • Standard Deviation: 0.2461
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 254,081
  • High Value: 316,621
  • Low Value: 191,540

    Market Valuation

  • Market Total Value: $190,010
  • Market Land Value: $26,630
  • Market Improvement Value: $163,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,001
  • Assessed Land Value: $2,663
  • Assessed Improvements Value: $16,338

    Sales

  • Current Sale Contract Date: Sep 17, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2030107068
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 Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1643 ft²

Average Home Age

53.9 years

Currently For Sale

110 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 1337 Henry Street, Des Plaines, IL, 60016

$2,150 /mo

  • 1 Bed
  • 1 Bath
  • 1,000 ft²
1337 Henry Street #CH, Des Plaines, IL, 60016 Listing by Amy Ruminski
Unit for rent at 1781 Rand Road, Des Plaines, IL, 60016

$2,150 /mo

  • 3 Beds
  • 2 Baths
  • 950 ft²
1781 Rand Road #2A, Des Plaines, IL, 60016 Listing by Lenora Knudson
Unit for rent at 2232 N River Road, River Grove, IL, 60171

$2,100 /mo

  • 3 Beds
  • 1 Bath
  • 1,300 ft²
2232 N River Road #1, River Grove, IL, 60171 Listing by Juan Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Joseph Guli, Compass
Data Source: MRED, MLS# MRD12339879
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 864 East Thacker Street built and last sold?
The property at 864 East Thacker Street was built in 1915 and last sold on Sep 17, 2020 for $205,000.
How much is this home worth?
The estimated value of the home located at 864 East Thacker Street is $0.
What are some comparable homes to 864 East Thacker Street?
There are currently no comparable homes to 864 East Thacker Street.
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