Residential Income Property with
For Sale
$259,900
337 E Roland Drive, Glendale Heights, IL 60139
The end-unit townhome pairs two bedrooms with a fenced backyard, a full basement, and a two-car garage.
Property Size1,053 SF
Price / SF$246.82
Days on Market12
Property Features for 337 E Roland Drive
General Information
Standard status
Active
Size
1,053 SF
Total Parking Spaces
2
Property subtype
Townhouse-Ranch
Additional Details
Highway Access
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,460
Amenities
pool
clubhouse
private fenced backyard
Building Details
Building Size
1,053 SF
Year Built
1974
Listing Agency:
Berkshire Hathaway HomeServices Starck Real Estate
(847) 359-4600
Listed By:
Joseph Trifilio
Source:
Lwreedy
Added: Oct 18
Changed: Oct 27
Last Checked: Oct 27 at 3:33AM
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 Berkshire Hathaway HomeServices Starck Real Estate
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Investment Insights
Based on property information with market context.
This ranch-style end-unit townhome has two bedrooms, a separate dining area, and a full basement. Patio doors open from the dining area to a fenced backyard, while the living room provides additional gathering space. The basement is dry and includes a washer and dryer. A two-car garage serves the home.
Residents have access to an association pool and clubhouse. The property was built in 1974.
Residents have access to an association pool and clubhouse. The property was built in 1974.
Key Highlights
- Ranch‑style end‑unit townhome with two bedrooms
- Full, dry basement with washer and dryer
- Fenced backyard reached through dining‑area patio doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,216
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,320
$244.3K
Cap Rate 7%
$174,514
$174.5K
Cap Rate 9%
$135,733
$135.7K
Market Conditions
NOI Build-Up for 1,053 SF
Gross rent
$23.9K $22.68/SF
− Vacancy
−$1.7K −$1.59/SF
EGI
$22.2K $21.09/SF
− OpEx
−$10.0K −$9.49/SF
NOI
$12.2K $11.60/SF
Area
DuPage County, IL
Vacancy
7.00%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,320
Cap Rate 7%
$174,514
Cap Rate 9%
$135,733
Alternative Uses
Best Use
Apartment 5plus
$174.5K
$152.7K – $203.6K
NOI $12,216 @ 7.0% cap · market cap 4.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$363.6K
$318.1K – $424.2K
NOI $25,449 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
817
Businesses Nearby
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Business Placement
Demographics for 60139, IL
33,196
Population
11,882
Households
2.8
Avg Household Size
36
Median Age
30%
College-Educated
83%
High-School Grad
5.5 sq mi
ZIP Area
6,036
Density / Sq Mi
$81,996
Median Household Income
$41,752
Median Earnings
$1,558
Median Rent
$249,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The end-unit townhome pairs two bedrooms with a fenced backyard, a full basement, and a two-car garage.
Where is this residential income property located?
The property is located at 337 E Roland Drive Glendale Heights, IL.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Ranch‑style end‑unit townhome with two bedrooms; Full, dry basement with washer and dryer; Fenced backyard reached through dining‑area patio doors
