For SaleRisky Deal43 days on market
601 Honey Locust Ln
601 Honey Locust Ln, Darien, IL 60561, Darien, IL 60561
$460,000
Estimate®:$453,400
Listing Price
601 Honey Locust Ln, Darien, IL 60561
Loc: Darien, IL
Days Listed
43
Tax Assessed
$138k
Estimate®
$453k
Market Rate
Lot Size
9,500 sqft
Rent Estimate
$3,297/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
9
Gower West Elementary School
PK-4
0.3 mi away
8
Gower Middle School
5-8
1.4 mi away
7
Hinsdale South High School
9-12
0.7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesplit-levelbrick exteriorattached garagespacious lawnsuburbantraditionalasphalt shingle rooflandscapedsingle-family homeresidentialmultilevel
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.59%
Total ROI
80.4%
Cash Flow
$-244/mo
DSCR
0.90
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-244/mo net cash flow with a 5.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.6%)
- • Strong rental demand in Darien
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-22 | Price change | $460,000 | $307 |
| 2026-09-03 | Price change | $467,500 | $312 |
| 2026-08-12 | Listed for sale | $470,000 | $313 |
| 2019-12-09 | Sold | $305,000 | $203 |
| 2019-11-06 | Pending sale | $299,900 | $200 |
| 2019-10-28 | Price change | $299,900 | $200 |
| 2019-10-20 | Listed for sale | $310,000 | $207 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $0 | $138,379 |
| 2023 | $0 | $127,210 |
| 2022 | $0 | $107,880 |
| 2021 | $0 | $106,650 |
| 2020 | $0 | $104,530 |
| 2019 | $6,252.66 | $0 |
| 2018 | $6,184.84 | $100,020 |
| 2017 | $6,123.02 | $96,250 |
| 2016 | $5,962.56 | $91,860 |
| 2015 | $5,875 | $86,420 |
| 2014 | $6,002 | $86,990 |
| 2013 | $5,802 | $86,580 |
| 2012 | $5,673.26 | $90,480 |
| 2011 | $5,450.74 | $96,350 |
| 2010 | $5,245.48 | $104,970 |
| 2009 | $5,130.74 | $111,420 |
| 2008 | $5,078.48 | $111,420 |
| 2007 | $4,832.8 | $105,210 |
| 2006 | $4,522.28 | $95,470 |
| 2005 | $4,396.34 | $88,640 |
| 2004 | $4,304.5 | $82,840 |
| 2003 | $4,243.7 | $75,300 |
| 2002 | $4,083.08 | $70,250 |
| 2001 | $3,964.8 | $65,800 |
| 2000 | $3,867.88 | $63,570 |
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