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Mokena 60448
11021 2nd Street
$300,000
● House - Off Market

11021 2nd Street

Mokena, IL 60448
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,296 Ft²
$2,193
Est. Monthly
7.12%
Cap Rate

About This Property

SOLD BEFORE PRINT
Unit Size
1,296 Ft²
Days on Market
-
Land Size
-
Price per sqft
$231
Property Type
House
Property Taxes
$720
HOA Dues
-
Year Built
1977

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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 #12102056)

Price History

Date / Event Date Event Price
Jul 18, 2024 Sold
Premium
Sold
Jul 4, 2024 Listed by RE/MAX Ultimate Professionals $300,000
Listed by RE/MAX Ultimate Professionals

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 16
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 624
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,449
  • Total Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: K

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DENNYS ADDITION
  • Land Acres: 0000000100
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: THE N'LY 100 FT OF THE E'LY 50 FT OF BLK 3 IN DENNY'S ADDN TO MOKENA, A SUB OF PRT OF THE W1/2 OF THE SW1/4 OF SEC 8, T35N-R1

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 883521

Geography

  • Parcel: 19-09-08-306-020
  • Block: 3
  • Meridian: SEC 08 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.5334
  • Longitude: -87.8854

    Address

  • Full Address: 11021 2nd St
  • Address - House Number: 11021
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Mokena
  • Carrier Code: C035
  • 4-Digit Zip Code: 1509
  • Zip Code: 60448

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $703,408
  • Tax Rate Code Area: 1910

    Appraisal Valuation

  • Standard Deviation: 0.1151
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 87
  • Final Value: 367,007
  • High Value: 409,257
  • Low Value: 324,757

    Market Valuation

  • Market Total Value: $277,659
  • Market Land Value: $54,042
  • Market Improvement Value: $223,617

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $92,553
  • Assessed Land Value: $18,014
  • Assessed Improvements Value: $74,539

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 11, 1994
  • Current Sale Recording Date: Feb 18, 1994
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R94-020019
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 Mokena

Stats & Trends

Median Asking:

$467,000

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

45

Average Home Size

3184 ft²

Average Home Age

24.9 years

Currently For Sale

45 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 11550 Francis Road, Mokena, IL, 60448

$2,800 /mo

  • 2 Beds
  • 1 Bath
  • 1,250 ft²
11550 Francis Road, Mokena, IL, 60448 Listing by Margaret Wilk

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Gerald Shepich, RE/MAX Ultimate Professionals
Last Updated: 3 years ago
Data Source: MRED, MLS# 12102056
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 11021 2nd Street built and last sold?
The property at 11021 2nd Street was built in 1977 and last sold on Feb 11, 1994 for $155,000.
How much is this home worth?
The estimated value of the home located at 11021 2nd Street is $0.
What are some comparable homes to 11021 2nd Street?
There are currently no comparable homes to 11021 2nd Street.
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