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Lemont 60439
Undisclosed Address
$269,000
● House - Off Market

Undisclosed Address

Lemont, IL 60439
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,000 Ft²
$306,645
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Updated ranch home with hardwood floors on main level, 2 bedrooms 1 bath and full basement with 1 bedroom and 1 full bath. Large fenced in back yard with a 3 car garage.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$275
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11171422)

Price History

Date / Event Date Event Price
Nov 15, 2021 Sold
Premium
Sold
Jul 27, 2021 Listed by Good Realty Co $275,000
Listed by Good Realty Co

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,408
  • Total Building Area: 1,000
  • Gross Building Area: 1,000
  • Building Area: 1,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FISCHBACHS ADD TO LEMONT
  • Land Acres: 0000000216
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: PETER (FISCHBACHS) ADD TO (LEMONT) SUB SEC 29-37-11

Neighborhood

  • School District Name: Lemont Township High School District 210
  • Census Tract: 824005

Geography

  • District: 19
  • Parcel: 22-29-304-025-0000
  • Block: 3
  • Lot: 6,7
  • Meridian: SEC 29 TWN 37N RNG 11E
  • Municipality: LEMONT
  • Latitude: 41.6629
  • Longitude: -88.0028

    Address

  • Full Address: 1016 Warner Ave
  • Address - House Number: 1016
  • Address - Street Name: Warner
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lemont
  • Carrier Code: C041
  • 4-Digit Zip Code: 4237
  • Zip Code: 60439

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $380,298
  • Tax Rate Code Area: 19006

    Appraisal Valuation

  • Standard Deviation: 0.2352
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 277,418
  • High Value: 342,690
  • Low Value: 212,146

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $54,100
  • Market Improvement Value: $195,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $5,410
  • Assessed Improvements Value: $19,590

    Sales

  • Current Sale Contract Date: Nov 09, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2132318442
  • Previous Sale Recording Date: Jan 07, 2008
  • Previous Sale Contract Date: Jan 07, 2006
  • Previous Sale Amount: $179,000
  • Previous Sale Document Type: 27

    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 Lemont

Stats & Trends

Median Asking:

$574,950

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2551 ft²

Average Home Age

27.2 years

Currently For Sale

59 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 317 Canal Street, Lemont, IL, 60439

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,250 ft²
317 Canal Street #B, Lemont, IL, 60439 Listing by Michael Klimek
Unit for rent at 1005 Singer Avenue, Lemont, IL, 60439

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
1005 Singer Avenue, Lemont, IL, 60439 Listing by Mariola Sawicki

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Christopher Knollin, Good Realty Co
Last Updated: 3 years ago
Data Source: MRED, MLS# 11171422
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 1016 Warner Avenue built and last sold?
The property at 1016 Warner Avenue was built in 1951 and last sold on Nov 9, 2021 for $269,000.
How much is this home worth?
The estimated value of the home located at 1016 Warner Avenue is $279,433.
What are some comparable homes to 1016 Warner Avenue?
There are currently no comparable homes to 1016 Warner Avenue.
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