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Lockport 60441
Undisclosed Address
$174,000
● House - Off Market

Undisclosed Address

LOCKPORT, IL 60441
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,120 Ft²
$278,905
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Completely redone top to bottom in desirable Bonnie Brae for under $175k. This adorable redo features NEW upgrade white cabinets, supreme granite counter tops in kitchen and baths, stainless steel appliances, gorgeous backsplash, lighting, faucets, fixtures in baths, windows, six white panel doors, carpet, air conditioner, vinyl siding, garage door opener. The water heater is less than 5 years old and the roof was replaced in 2013. Bonus breezeway is not included in the square footage and is spacious and fabulous. Hurry won't last long.
Unit Size
1,120 Ft²
Days on Market
-
Land Size
-
Price per sqft
$156
Property Type
House
Property Taxes
$242
HOA Dues
-
Year Built
1957

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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 #09622746)

Price History

Date / Event Date Event Price
Aug 14, 2017 Sold
Premium
Sold
May 10, 2017 Listed by Baird & Warner $174,900
Listed by Baird & Warner

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 330
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,583
  • Total Building Area: 1,450
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BONNIE BRAE UNIT #1
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 17 BLOCK 6 IN BONNIE BRAE UNIT 1, BEING A SUB OF PRT OF THE S1/2 OF SEC 13, T36N-R10E.

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 880502

Geography

  • Parcel: 11-04-13-312-028
  • Block: 6
  • Lot: 17
  • Meridian: SEC 13 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5978
  • Longitude: -88.0357

    Address

  • Full Address: 101 Macgregor Rd
  • Legal Unit: 1
  • Address - House Number: 101
  • Address - Street Name: Macgregor
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lockport
  • Carrier Code: C009
  • 4-Digit Zip Code: 2711
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $449,816
  • Tax Rate Code Area: 1122

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 243,296
  • High Value: 284,386
  • Low Value: 202,207

    Market Valuation

  • Market Total Value: $184,683
  • Market Land Value: $65,811
  • Market Improvement Value: $118,872

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,561
  • Assessed Land Value: $21,937
  • Assessed Improvements Value: $39,624

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 10, 2017
  • Current Sale Recording Date: Aug 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2017064803
  • Previous Sale Recording Date: Dec 29, 2016
  • Previous Sale Contract Date: Nov 17, 2016
  • Previous Sale Amount: $87,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: FIX
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 Lockport

Stats & Trends

Median Asking:

$379,900

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2091 ft²

Average Home Age

29.2 years

Currently For Sale

68 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 16515 W Golden Valley Lane, Lockport, IL, 60441

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,840 ft²
16515 W Golden Valley Lane, Lockport, IL, 60441 Listing by Leila Bowie

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Teri-Lynn Tomazic, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 09622746
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 Mac Gregor Road built and last sold?
The property at 101 Mac Gregor Road was built in 1957 and last sold on Aug 10, 2017 for $174,000.
How much is this home worth?
The estimated value of the home located at 101 Mac Gregor Road is $0.
What are some comparable homes to 101 Mac Gregor Road?
There are currently no comparable homes to 101 Mac Gregor Road.
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