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Lockport 60441
1102 Highland Avenue
$243,000
● House - Off Market

1102 Highland Avenue

Lockport, IL 60441
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,240 Ft²
$238,556
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

RANCH home in a great location in Bonnie Brae with a sunroom (can also be a family room) off the back of the home, eat-in kitchen, engineered hardwood floors, spacious primary bedroom, white cabinets, TWO car detached garage with a long driveway. Newer: siding, roof, updated bathroom vanity and mirror, updated light fixtures, ceilings fans and some windows (vinyl clad). Freshly painted & priced well! Convenient location just minutes to 355! (Taxes do not currently include any tax exemptions).
Unit Size
1,240 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$193
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
1958

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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 #11747291)

Price History

Date / Event Date Event Price
Aug 18, 2023 Sold
Premium
Sold
Apr 5, 2023 Listed by Coldwell Banker Realty $239,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • 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: 4
  • Garage Square Area: 475
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,672
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BONNIE BRACE UNIT 2
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 30 BLOCK 8 IN BONNIE BRAE UNIT TWO, 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: 11-04-13-402-028
  • Block: 8
  • Lot: 30
  • Meridian: SEC 13 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5987
  • Longitude: -88.0349

    Address

  • Full Address: 1102 Highland Ave
  • Legal Unit: 2
  • Address - House Number: 1102
  • Address - Street Name: Highland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lockport
  • Carrier Code: C016
  • 4-Digit Zip Code: 3207
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $479,756
  • Tax Rate Code Area: 1122

    Appraisal Valuation

  • Standard Deviation: 0.0895
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 92
  • Final Value: 231,349
  • High Value: 252,073
  • Low Value: 210,624

    Market Valuation

  • Market Total Value: $195,777
  • Market Land Value: $67,128
  • Market Improvement Value: $128,649

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,259
  • Assessed Land Value: $22,376
  • Assessed Improvements Value: $42,883

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 01, 2023
  • Current Sale Recording Date: Aug 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 44728
  • Previous Sale Recording Date: Sep 06, 2012
  • Previous Sale Contract Date: Aug 31, 2012
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: 71
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:

$380,000

Sale Price/ft²

$220

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2012 ft²

Average Home Age

33 years

Currently For Sale

72 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 14813 S Hillside Drive, Lockport, IL, 60441

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,840 ft²
14813 S Hillside Drive #14813, Lockport, IL, 60441 Listing by Waqar Riaz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Judy Glockler, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11747291
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 1102 Highland Avenue built and last sold?
The property at 1102 Highland Avenue was built in 1958 and last sold on May 1, 2023 for $243,000.
How much is this home worth?
The estimated value of the home located at 1102 Highland Avenue is $0.
What are some comparable homes to 1102 Highland Avenue?
There are currently no comparable homes to 1102 Highland Avenue.
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