$190,000
●
Condo -
Off Market
9518 DEE Road #1C
Des Plaines, IL 60016
2 Beds
1 Bath
$1,512
Est. Monthly
$324
HOA / Fees
10.44%
Cap Rate
About This Property
This bright and sunny first-floor condo features two spacious
bedrooms and one bathroom. As you step inside, the inviting
living room leads to a walkout patio, perfect for outdoor
relaxation. The cozy dining nook, conveniently located next to the
kitchen, makes mealtime a breeze. The kitchen offers ample
cabinetry, providing plenty of storage and functionality. Both
bedrooms are generously sized and equipped with large closets,
while two additional closets offer even more storage. Just steps
away in the hallway, you will find the shared laundry room and your
personal storage locker for added convenience. The building also
offers a large outdoor area complete with a walking trail, perfect
for enjoying nature and unwinding. Ideally located, this charming
condo is minutes from parks, shopping, and major highways, making
it an excellent choice for comfortable, easy living. Only one
dog or one cat will be allowed in any unit. There is not an
indication of a weight limit. The community has a 10%rental cap,
which has already been met. Rentals are allowed for immediate
family members only.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$255
HOA Dues
$324
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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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: 2 years ago (MRED MLS #12183183)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2025 | Sold | ||
| Sold | |||
| Feb 22, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Listed by Jameson Sotheby's International Realty | $189,500 | |
| Listed by Jameson Sotheby's International Realty | |||
| | |||
|
This bright and sunny first-floor condo features two spacious bedrooms and one bathroom. As you step inside, the inviting living room leads to a walkout patio, perfect for outdoor relaxation. The cozy dining nook, conveniently located next to the kitchen, makes mealtime a breeze. The kitchen offers ample cabinetry, providing plenty of storage and functionality. Both bedrooms are generously sized and equipped with large closets, while two additional closets offer even more storage. Just steps away in the hallway, you will find the shared laundry room and your personal storage locker for added convenience. The building also offers a large outdoor area complete with a walking trail, perfect for enjoying nature and unwinding. Ideally located, this charming condo is minutes from parks, shopping, and major highways, making it an excellent choice for comfortable, easy living. Only one dog or one cat will be allowed in any unit. There is not an indication of a weight limit. The community has a 10%rental cap, which has already been met. Rentals are allowed for immediate family members only.
| |||
| Jan 10, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 7, 2024 | Price Decreased |
$190,000
↓ $7K
(3.6%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Elevator
Parking Details
Total Number of Parking: 2
Parking Features: Assigned
Interior Details
Bedrooms: 2
Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 51-60 Years
Rebuilt(Y/N): No
Parcel Number: 09151000261003
Property Type: Residential
Year Built: 1970
Roof: Asphalt
No Disability Access
Special Conditions: None
Lot Size Dimensions: INTEGRAL
Water Source: Lake Michigan
Financial Details
Tax Year: 2023
Tax Annual Amount: $3,060
Tax Exemptions: None
Utilities Details
Cooling: Window/Wall Units - 2
Heating: Natural Gas, Baseboard
Sewer : Public Sewer
Location Details
Township: Maine
Corporate Limits: Des Plaines
Directions: Golf to Dee, S to 9518
County or Parish: Cook
Elementary School District: 63
Elementary School: Mark Twain Elementary School
Middle Or Junior School District: 63
Middle Or Junior School: Gemini Junior High School
High School District: 207
High School: Maine East High School
Other Details
Association Fee Includes: Heat, Water, Gas, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $324
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/03/2026
|
1 Bed
|
1 Bath
|
840 ft²
|
$175,000
1 Bed
1 Bath
840 ft²
|
$175,000
09/18/2026
|
Eric Booth
@properties Christie's International Real Estate
| |
|
07/21/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$179,000
2 Bed
1 Bath
1000 ft²
|
$175,000
-2.23%
09/05/2025
|
Kevin Mahoney
Baird & Warner
| |
|
10/16/2024
|
2 Bed
|
1 Bath
|
-
|
$199,000
2 Bed
1 Bath
|
-
-
|
Jill Egan
Berkshire Hathaway HomeServices Chicago
| |
|
04/12/2024
|
2 Bed
|
2 Bath
|
1015 ft²
|
$170,000
2 Bed
2 Bath
1015 ft²
|
$191,500
+12.65%
06/06/2024
|
Patrycja Zakrzewska
Dream Town Realty
| |
|
02/13/2024
|
2 Bed
|
1 Bath
|
1000 ft²
|
$164,900
2 Bed
1 Bath
1000 ft²
|
$180,000
+9.16%
03/29/2024
|
Patricia Quinchia
Chicagoland Brokers, Inc.
| |
|
06/02/2022
|
1 Bed
|
1 Bath
|
506 ft²
|
$119,500
1 Bed
1 Bath
506 ft²
|
$112,000
-6.28%
08/26/2022
|
Mohd Rashid Ansari
Charles Rutenberg Realty of IL
| |
|
09/29/2021
|
2 Bed
|
2 Bath
|
1015 ft²
|
$169,900
2 Bed
2 Bath
1015 ft²
|
$165,000
-2.88%
12/23/2021
|
Monika Stepniak
@properties Christie's International Real Estate
| |
|
09/24/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$150,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
Kaushik Baxi
Charles Rutenberg Realty of IL
| |
|
05/28/2021
|
3 Bed
|
2 Bath
|
1100 ft²
|
$164,999
3 Bed
2 Bath
1100 ft²
|
$160,000
-3.03%
07/02/2021
|
Cindy Banks
RE/MAX Cornerstone
| |
|
01/23/2019
|
2 Bed
|
1 Bath
|
1000 ft²
|
$135,900
2 Bed
1 Bath
1000 ft²
|
-
-
|
-
| |
|
05/22/2017
|
2 Bed
|
1 Bath
|
1000 ft²
|
$114,900
2 Bed
1 Bath
1000 ft²
|
$115,000
+0.09%
07/12/2017
|
Owais Bhurya
Adams Elite Realty Group Inc
| |
|
08/07/2013
|
2 Bed
|
1 Bath
|
1000 ft²
|
$49,000
2 Bed
1 Bath
1000 ft²
|
$55,000
+12.24%
12/12/2013
|
James Yoon, E-PRO
Corner Stone Realty
|
Building Info
About Cook
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Listed by: Jill Egan, Berkshire Hathaway HomeServices Chicago
Last Updated: 2 years ago
Data Source: MRED, MLS# 12183183
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: 2 years ago
Data Source: MRED, MLS# 12183183
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