For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Lemont 60439
1027 Cherokee Place
$306,000
● House - Off Market

1027 Cherokee Place

LEMONT, IL 60439
bedrooms
4 Beds
bathrooms
3 Baths
$478,236
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Welcome to this fully remodeled home with bright and modern finishes. Remodeled open concept kitchen with white shaker cabinetry, granite counter-tops, subway tile backsplash, breakfast peninsula and stainless steel appliances. New lighting and hardware. New hardwood floors in dining & kitchen. Three fully remodeled bathrooms! Convenient 2nd floor laundry. Interior freshly painted throughout. Dual, zoned HVAC system. New hot water heater. New gutters, downspouts, garage door & opener. Great location - close to schools, stores & I-355.
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1957

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #09700435)

Price History

Date / Event Date Event Price
Aug 15, 2017 Sold
Premium
Sold
Jul 25, 2017 Listed by Foundation Real Estate Co. $299,900
Listed by Foundation Real Estate Co.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,850
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,840
  • Gross Building Area: 1,840
  • Building Area: 1,840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBERLINE I
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: (TIMBERLINE) (I) SUB IN PT OF SEC 30 & PT SEC 29-37-11

Neighborhood

  • School District Name: Lemont Township High School District 210
  • Census Tract: 824003

Geography

  • District: 19
  • Parcel: 22-29-405-001-0000
  • Block: 2
  • Lot: 6
  • Meridian: SEC 29 TWN 37N RNG 11E
  • Municipality: LEMONT
  • Latitude: 41.6624
  • Longitude: -87.9977

    Address

  • Full Address: 1027 Cherokee Pl
  • Address - House Number: 1027
  • Address - Street Name: Cherokee
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Lemont
  • Carrier Code: C005
  • 4-Digit Zip Code: 4309
  • Zip Code: 60439

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $588,820
  • Tax Rate Code Area: 19006

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 437,490
  • High Value: 537,387
  • Low Value: 337,593

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $45,140
  • Market Improvement Value: $274,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $4,514
  • Assessed Improvements Value: $27,486

    Sales

  • Current Sale Contract Date: Aug 14, 2017
  • Current Sale Recording Date: Aug 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1722901087
  • Previous Sale Recording Date: Jan 20, 2017
  • Previous Sale Contract Date: Jan 17, 2017
  • 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 Lemont

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2527 ft²

Average Home Age

30.2 years

Currently For Sale

53 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 14 Timberline Court, Lemont, IL, 60439

$3,500 /mo

  • 4 Beds
  • 4 Baths
  • 1,803 ft²
14 Timberline Court, Lemont, IL, 60439 Listing by Christina Barbaro

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Foundation Real Estate Co.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09700435
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 1027 Cherokee Place built and last sold?
The property at 1027 Cherokee Place was built in 1957 and last sold on Aug 14, 2017 for $306,000.
How much is this home worth?
The estimated value of the home located at 1027 Cherokee Place is $302,899.
What are some comparable homes to 1027 Cherokee Place?
There are currently no comparable homes to 1027 Cherokee Place.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Lemont Homes for Sale
Lemont Houses for Sale
Lemont Condos for Sale
Lemont Townhouses for Sale
Lemont Multifamily for Sale
Lemont Land for Sale
Lemont Commercial for Sale
Lemont Homes with Basements
Nearby Cities
Orland Park Homes for Sale
Bolingbrook Homes for Sale
Tinley Park Homes for Sale
Lockport Homes for Sale
Romeoville Homes for Sale
Woodridge Homes for Sale
Homer Glen Homes for Sale
Darien Homes for Sale
Nearby Property Records
DuPage County, IL Property Records
Will County, IL Property Records
Cook County, IL Property Records
Kendall County, IL Property Records
Kane County, IL Property Records
Grundy County, IL Property Records
Kankakee County, IL Property Records
Lake County, IN Property Records
Neighborhoods
University Heights Real Estate
Maple Brook Real Estate
Naper Carriage Hill Real Estate
Pembrooke Greens Real Estate
River Woods Real Estate
Hobson Village Real Estate
Signal Point Real Estate
Century Hill Real Estate
Nearby Counties
Downers Grove Homes for Sale
Lisle Homes for Sale
Orland Homes for Sale
Lyons Homes for Sale
Du Page Homes for Sale
Lockport Homes for Sale
Palos Homes for Sale
Homer Homes for Sale
Top Real Estate Agents
Top Agents in Lemont
Top Agents in Downers Grove
Top Agents in Lisle
Top Agents in Orland
Top Agents in Lyons
Top Agents in Du Page
Top Agents in Orland Park
Top Agents in Lockport