Ground-Level Residential Income
For Sale
$299,900
1210 Rhodes Lane Unit 1210, Naperville, IL 60540
A private entrance opens to a ground-floor home with an updated kitchen and two full baths.
Property Size1,200 SF
Price / SF$249.92
Days on Market34
Property Features for 1210 Rhodes Lane Unit 1210
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Ground Level Ranch
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$4,769
Amenities
fireplace
french doors
updated kitchen
stainless steel appliances
private bath
private entrance
Building Details
Building Size
1,200 SF
Year Built
1989
Construction
ranch
Listing Agency:
Baird & Warner
(630) 399-9399
Listed By:
Julie Kaczor
Source:
Angelawalkerhomes
Added: Sep 26
Changed: Oct 26
Last Checked: Oct 26 at 3:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Baird & Warner
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,200-square-foot ground-level residence was built in 1989 and has a private entrance. The living and dining areas share a fireplace and open to double French doors. The kitchen has white cabinetry, stainless steel appliances, and laminate flooring. The home includes two bedrooms, two full bathrooms, and multiple closets in the primary bedroom, along with a built-in window seat with storage. Recent updates include interior paint and fixtures; the furnace and air conditioning were replaced in 2025, and the water heater, washer, and dryer date to 2023.
The property is near downtown Naperville shopping, dining, entertainment, the Metra, and Riverwalk. Pace bus stops are in the neighborhood.
The property is near downtown Naperville shopping, dining, entertainment, the Metra, and Riverwalk. Pace bus stops are in the neighborhood.
Key Highlights
- 1,200‑square‑foot ground‑level residence with a private entrance
- Two bedrooms and two full bathrooms
- Living and dining areas feature a fireplace and double French doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,611
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$232,220
$232.2K
Cap Rate 7%
$165,871
$165.9K
Cap Rate 9%
$129,011
$129.0K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$22.2K $18.48/SF
− Vacancy
−$1.1K −$0.89/SF
EGI
$21.1K $17.59/SF
− OpEx
−$9.5K −$7.92/SF
NOI
$11.6K $9.68/SF
Area
Naperville, IL
Vacancy
4.80%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$232,220
Cap Rate 7%
$165,871
Cap Rate 9%
$129,011
Alternative Uses
Best Use
Apartment 5plus
$165.9K
$145.1K – $193.5K
NOI $11,611 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$270.9K
$237.0K – $316.0K
NOI $18,961 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
983
Businesses Nearby
Explore this area
Business Placement
Demographics for 60540, IL
44,201
Population
16,253
Households
2.7
Avg Household Size
41
Median Age
72%
College-Educated
98%
High-School Grad
13.2 sq mi
ZIP Area
3,349
Density / Sq Mi
$155,866
Median Household Income
$70,026
Median Earnings
$1,982
Median Rent
$504,900
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A private entrance opens to a ground-floor home with an updated kitchen and two full baths.
Where is this residential income property located?
The property is located at 1210 Rhodes Lane Unit 1210 Naperville, IL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1,200‑square‑foot ground‑level residence with a private entrance; Two bedrooms and two full bathrooms; Living and dining areas feature a fireplace and double French doors
