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Romeoville 60446
101 Iris Circle
$305,000
● House - Off Market

101 Iris Circle

Romeoville, IL 60446
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,568 Ft²
$308,536
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

HOUSE IN A POPULAR WESGLEN SUBDIVISION. KITCHEN WITH ISLAND AND WALK IN PANTRY FOR EXTRA STORAGE. FAMILY AND LIVING ROOM HAS 10'CEILINGS AND 3 SIDED FIREPLACE. UPSTAIRS HAS 3 NICE SIZE BEDROOMS. BIG BACK YARD WITH PATIO. CLOSE TO SHOPPING, RESTAURANTS.
Unit Size
1,568 Ft²
Days on Market
-
Land Size
-
Price per sqft
$195
Property Type
House
Property Taxes
$586
HOA Dues
$55
Year Built
2002

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11399014)

Price History

Date / Event Date Event Price
Jun 24, 2022 Sold
Premium
Sold
May 10, 2022 Listed by Negotiable Realty Services, In $305,000
Listed by Negotiable Realty Services, In

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 28
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,323
  • Total Building Area: 1,568
  • Building Area: 1,540
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,540
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESGLEN SUB
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 11 IN WESGLEN SUB NEIGHBORHOOD 2 UNIT 1, BEING A SUB OF PRT OF THE NW1/4 OF SEC. 7, T36N-R10E.

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 880511

Geography

  • Parcel: 11-04-07-101-023
  • Lot: 11
  • Meridian: SEC 07 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.6202
  • Longitude: -88.1375

    Address

  • Full Address: 101 Iris Cir
  • Legal Unit: 1
  • Address - House Number: 101
  • Address - Street Name: Iris
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Romeoville
  • Carrier Code: R028
  • 4-Digit Zip Code: 4869
  • Zip Code: 60446

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $763,596
  • Tax Rate Code Area: 1139

    Appraisal Valuation

  • Standard Deviation: 0.1678
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 313,390
  • High Value: 365,980
  • Low Value: 260,800

    Market Valuation

  • Market Total Value: $242,952
  • Market Land Value: $74,070
  • Market Improvement Value: $168,882

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,984
  • Assessed Land Value: $24,690
  • Assessed Improvements Value: $56,294

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 23, 2022
  • Current Sale Recording Date: Jul 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 54912
  • Previous Sale Recording Date: May 13, 2022
  • Previous Sale Contract Date: Jan 27, 2022
  • Previous Sale Amount: $225,800
  • Previous Sale Document Type: 64
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Romeoville

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$196

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1676 ft²

Average Home Age

36.7 years

Currently For Sale

60 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 506 Le Moyne Avenue, Romeoville, IL, 60446

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,617 ft²
506 Le Moyne Avenue #506, Romeoville, IL, 60446 Listing by John McHatton
Unit for rent at 1705 Ramsey Drive, Romeoville, IL, 60446

$2,650 /mo

  • 2 Beds
  • 2 Baths
  • 1,668 ft²
1705 Ramsey Drive #1, Romeoville, IL, 60446 Listing by Nader Shahat

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Inga Jurevicius, Negotiable Realty Services, In
Last Updated: 3 years ago
Data Source: MRED, MLS# 11399014
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 101 Iris Circle built and last sold?
The property at 101 Iris Circle was built in 2002 and last sold on Jun 23, 2022 for $305,000.
How much is this home worth?
The estimated value of the home located at 101 Iris Circle is $309,679.
What are some comparable homes to 101 Iris Circle?
There are currently no comparable homes to 101 Iris Circle.
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