Building Details

Building Size 1,768 SF

Year Built 2005

Listing Agency: Baird & Warner

Listed By: Mary Tremonte Show Phone

Source: Kw

Added: Aug 23, 2025 Changed: Sep 29 Last Checked: Oct 5 at 3:49PM

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Investment Insights

Based on property information with market context.

This 1768 sq ft duplex provides a single-family home feel with the advantage of a fenced-in yard and low assessments. Recent upgrades completed in August 2025 include a new roof, flooring, carpets, and fresh paint. The A/C unit is two years old. This unit is the three-bedroom "Drake" model, the largest in the Lakewood development, featuring a living room that flows openly into the kitchen, with a sliding glass door leading directly to the 5136 sq ft fenced yard. The attached garage provides convenient access to the kitchen. Upstairs, the primary bedroom includes a versatile space suitable for a sitting room, office, or nursery, along with a private bathroom and ample closet space. Two additional bedrooms share a full hallway bathroom. The Lakewood community offers a pool, clubhouse, parks, walking areas, and an elementary school within the subdivision. The location provides access to shopping, restaurants, and a water park. Rentals are allowed per the HOA.

Key Highlights

• Largest 3‑bedroom 'Drake' model in Lakewood development with 1768 sq ft.
• Recent upgrades including a new roof, flooring, carpets, and fresh paint completed in August 2025.
• Spacious, fenced‑in 5136 sq ft yard.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$20,510

Cap Rate

8.29%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$410,200 $410.2K

Cap Rate 7%

$293,000 $293.0K

Cap Rate 9%

$227,889 $227.9K

Market Conditions

NOI Build-Up for 1,768 SF

Gross rent

$40.1K $22.68/SF

− Vacancy

−$2.8K −$1.59/SF

EGI

$37.3K $21.09/SF

− OpEx

−$16.8K −$9.49/SF

NOI

$20.5K $11.60/SF

Area

Kendall 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%

$410,200

Cap Rate 7%

$293,000

Cap Rate 9%

$227,889

Alternative Uses

Best Use

Multifamily LT 5

$327.7K

$286.8K – $382.4K (±1% cap)

NOI $22,941 @ 7.0% cap · market cap 9.27%

Second Best

Apartment 5plus

$293.0K

$256.4K – $341.8K (±1% cap)

NOI $20,510 @ 7.0% cap · market cap 8.29%

Theoretical Best

Office A

$610.4K

$534.1K – $712.2K (±1% cap)

NOI $42,729 @ 7.0% cap · market cap 17.26%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Parking Lot & Garage Electrical Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

150

Businesses Nearby

Explore this area Business Placement

Demographics for 60545, IL

13,888

Population

4,982

Households

2.8

Avg Household Size

34

Median Age

27%

College-Educated

93%

High-School Grad

36.6 sq mi

ZIP Area

379

Density / Sq Mi

$84,920

Median Household Income

$47,134

Median Earnings

$1,571

Median Rent

$235,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Spacious duplex with upgrades, fenced yard, and community amenities.

Where is this duplex located?

The property is located at 4304 Dillon Street #4304 Plano, IL.

What is the asking price?

The asking price for this property is $247,500.

What are key features of this property?

This property features: Largest 3‑bedroom 'Drake' model in Lakewood development with 1768 sq ft.; Recent upgrades including a new roof, flooring, carpets, and fresh paint completed in August 2025.; Spacious, fenced‑in 5136 sq ft yard.