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Spacious Lake Hinsdale Village Condo

501 Lake Hinsdale Drive #307, Willowbrook, IL 60527

For Sale
$360,000

Updated two-bedroom condo with family room, skyline views, and amenities.

Property Size1,832 SF
Price / SF$196.51
Days on Market411

Property Features for 501 Lake Hinsdale Drive #307

General Information

Standard status Active
Size 1,832 SF
Property subtype Condominium

Amenities

Forced Air
Central Air
Natural Gas
Range
Microwave
Dishwasher
Refrigerator
Washer
Dryer
Disposal
Stainless Steel Appliance(s)
Front Controls on Range/Cooktop
Electric Oven
Deck

Building Details

Building Size 1,832 SF
Year Built 1979
Listing Agency: Berkshire Hathaway HomeServices Chicago
Listed By: Elaine Pagels · License #475126868
Source: Kw
Added: Sep 25, 2025 Changed: Nov 5 Last Checked: Nov 8 at 8:58AM

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 Chicago

Rey
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Investment Insights

Based on property information with market context.

This spacious two-bedroom, two-full-bath home, located in the Lake Hinsdale Village community, offers 1832 square feet of living space. A family room provides additional functionality. The gourmet kitchen features high-end stainless steel appliances, sleek cabinetry, and quality finishes. The primary bath has been renovated with modern elegance. The primary bedroom includes a walk-in closet with added shelving. New plantation shutters adorn every window. The multi-purpose family room includes a fireplace and can serve as a home office or guest room. An expansive balcony provides views of the skyline, sunsets, and lush trees. Extra storage space is available. The building features an updated lobby, party room, kitchen, and exercise room with lake views. The Lake Hinsdale Clubhouse offers an outdoor pool, playground, tennis courts, pickle ball, and scenic walking paths.

Key Highlights

  • Largest unit in Lake Hinsdale Village with over 1800 sq ft.
  • Updated gourmet kitchen featuring high‑end stainless steel appliances and sleek cabinetry.
  • Renovated primary bath with modern elegance.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,253
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,060 $425.1K
Cap Rate 7%
$303,614 $303.6K
Cap Rate 9%
$236,144 $236.1K
Market Conditions
NOI Build-Up for 1,832 SF
Gross rent
$41.5K $22.68/SF
− Vacancy
−$2.9K −$1.59/SF
EGI
$38.6K $21.09/SF
− OpEx
−$17.4K −$9.49/SF
NOI
$21.3K $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%
$425,060
Cap Rate 7%
$303,614
Cap Rate 9%
$236,144

Alternative Uses

Best Use
Apartment 5plus
$303.6K
$265.7K – $354.2K (±1% cap)
NOI $21,253 @ 7.0% cap · market cap 5.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$632.5K
$553.4K – $737.9K (±1% cap)
NOI $44,275 @ 7.0% cap · market cap 12.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

641
Businesses Nearby

Demographics for 60527, IL

29,139
Population
13,101
Households
2.2
Avg Household Size
47
Median Age
58%
College-Educated
96%
High-School Grad
14.4 sq mi
ZIP Area
2,024
Density / Sq Mi
$110,482
Median Household Income
$62,257
Median Earnings
$1,553
Median Rent
$488,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Apartment buildings in DuPage County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Updated two-bedroom condo with family room, skyline views, and amenities.
Where is this apartment building located?
The property is located at 501 Lake Hinsdale Drive #307 Willowbrook, IL.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Largest unit in Lake Hinsdale Village with over 1800 sq ft.; Updated gourmet kitchen featuring high‑end stainless steel appliances and sleek cabinetry.; Renovated primary bath with modern elegance.
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