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Aurora 60506 North River
1034 Foran Lane
$280,000
● House - Off Market

1034 Foran Lane

Aurora, IL 60506
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,846 Ft²
$258,444
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Welcome home! This handy-man special ranch has amazing bones and could be remodeled to be a dream home.  This home features 2 bedrooms on the main level and a 3rd in the finished basement.  There is a large kitchen with room for a dining table.  The family room is a massive addition with 3 walls of beautiful windows and skylights.  It overlooks a great deck and a huge 30,000 square foot lot on a quiet street.  The property has forced air gas heat and AC but also has a full working boiler system if you prefer to heat the home that way.  The roof was just replaced last month, the home is in conduit and all the plumbing is copper.  Come makes this home your own today.
Unit Size
1,846 Ft²
Days on Market
-
Land Size
-
Price per sqft
$141
Property Type
House
Property Taxes
$420
HOA Dues
-
Year Built
1961

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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 #11828412)

Price History

Date / Event Date Event Price
Aug 15, 2023 Sold
Premium
Sold
Jul 11, 2023 Listed by MBC Realty & Insurance Group I $259,900
Listed by MBC Realty & Insurance Group I

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,150
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,872
  • Lot Size Depth Feet: 2,700
  • Lot Size Frontage Feet: 1,032
  • Total Building Area: 3,436
  • Gross Building Area: 3,436
  • Building Area: 1,846
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,846
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHASE SUB
  • Land Acres: 0000000640
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: CHASE SUBDN LOT 2

Neighborhood

  • School District Name: Aurora West Unit School District 129
  • Census Tract: 853007

Geography

  • Subdivision Tract Number: RANGE
  • Parcel: 15-16-104-039
  • Lot: 2
  • Municipality: AURORA
  • Latitude: 41.777
  • Longitude: -88.3382

    Address

  • Full Address: 1034 Foran Ln
  • Address - House Number: 1034
  • Address - Street Name: Foran
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Aurora
  • Carrier Code: C040
  • 4-Digit Zip Code: 2117
  • Zip Code: 60506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $503,934
  • Tax Rate Code Area: AU066

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 283,522
  • High Value: 330,397
  • Low Value: 236,647

    Market Valuation

  • Market Total Value: $198,785
  • Market Land Value: $30,552
  • Market Improvement Value: $168,232

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,235
  • Assessed Land Value: $10,180
  • Assessed Improvements Value: $56,055

    Sales

  • Current Sale Contract Date: Aug 11, 2023
  • Current Sale Recording Date: Aug 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 29094
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 North River

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$224

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1308 ft²

Average Home Age

78.4 years

Currently For Sale

5 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 809 W Park Avenue, Aurora, IL, 60506

$2,100 /mo

  • 2 Beds
  • 1 Bath
  • 610 ft²
809 W Park Avenue, Aurora, IL, 60506 Listing by Jorge Escudero

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Christoffel, MBC Realty & Insurance Group I
Last Updated: 3 years ago
Data Source: MRED, MLS# 11828412
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 1034 Foran Lane built and last sold?
The property at 1034 Foran Lane was built in 1961 and last sold on Aug 11, 2023 for $280,000.
How much is this home worth?
The estimated value of the home located at 1034 Foran Lane is $264,180.
What are some comparable homes to 1034 Foran Lane?
There are currently no comparable homes to 1034 Foran Lane.
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