$175,000
●
Land -
Off Market
1040 Tadeusz Way
Lemont, IL 60439
Studio
0 Bath
$186,285
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
Prime vacant lots available for immediate development in upscale
Limestone Estates of Lemont. About 40 minutes outside of the city,
you'll feel like you are away from it all in this secluded, 17 home
site subdivision with luxurious homes starting at $600k+. Lot #18
is an interior lot with 133 feet of frontage and 17,500 sf. All
utilities available to site. Desirable Lemont location, close to
Downtown Lemont featuring awesome small town shops, restaurants,
and Metra train. Lemont is also highly regarded for it's
Blue-Ribbon award-winning Lemont High School and also features the
scenic quarries and "The Forge" Adventure Park - brand new in 2020!
Do not miss out on this incredible opportunity in the PERFECT
Lemont location! Other lots are also available for sale. Please
contact Listing Agents for development building covenants and all
other details!
Unit Size
-
Days on Market
-
Land Size
0.40 acres
Price per sqft
-
Property Type
Land
Property Taxes
$320
HOA Dues
-
Year Built
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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 #10905589)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 18, 2022 | Sold | ||
| Sold | |||
| Oct 15, 2020 | No longer available | - | |
| No longer available | |||
| Oct 14, 2020 | Listed by Realty Executives Elite | $180,900 | |
| Listed by Realty Executives Elite | |||
| Dec 13, 2019 | Listed | $209,900 | |
| Listed | |||
| | |||
|
Prime vacant lots available for immediate development in upscale Limestone Estates of Lemont. Secluded 17 home site subdivision with luxurious homes starting at $600k+. Lot #18 has 133 feet of frontage and is 17,500sf. All utilities to site. Multiple lots available for sale. Please contact Listing Agent for development building covenants and all other details. Central Lemont location seconds to shopping & dining. 2 National Blue Ribbon Awards schools in Lemont.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Lemont
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Listed by: Megan Beechen, Realty Executives Elite
Last Updated: 3 years ago
Data Source: MRED, MLS# 10905589
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 10905589
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