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Lemont 60439
1106 Kim Place
$215,000
● House - Off Market

1106 Kim Place

LEMONT, IL 60439
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,737 Ft²
$370,583
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

FRESHLY PAINTED AND WAITING FOR YOU TO SIMPLY MOVE RIGHT IN.  THIS 3BR 2BA 2 STORY HAS OVER 1700 SQ FT OF LIVING SPACE.  FULLY FENCED BACKYARD, WITH HOT TUB.  GARAGE HAS A NEWER HEATER, PERFECT FOR THE MAN CAVE. CLOSE TO THE PARK, DOWNTOWN AND SCHOOLS.  BEST OF ALL, A BRAND NEW ROOF AND NEWER WINDOWS. ALL APPLIANCES STAY, INCLUDING WASHER AND DRYER.
Unit Size
1,737 Ft²
Days on Market
-
Land Size
-
Price per sqft
$129
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1959

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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 #09390240)

Price History

Date / Event Date Event Price
Mar 17, 2017 Sold
Premium
Sold
Nov 17, 2016 Listed by RE/MAX Synergy $224,900
Listed by RE/MAX Synergy

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,680
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KENDLER PARK UNIT1 ADD TO VILLAGE OF LEM
  • Land Acres: 0000000176
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (KENDLER) PARK (UNIT1) ADD TO VILLAGE OF (LEMONT) SUB OF E644.84FT S796.65FT NW SE SEC 29-37-11

Neighborhood

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

Geography

  • District: 19
  • Parcel: 22-29-408-009-0000
  • Lot: 28
  • Meridian: SEC 29 TWN 37N RNG 11E
  • Municipality: LEMONT
  • Latitude: 41.6609
  • Longitude: -87.996

    Address

  • Full Address: 1106 Kip Pl
  • Legal Unit: 1
  • Address - House Number: 1106
  • Address - Street Name: Kip
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Lemont
  • Carrier Code: C005
  • 4-Digit Zip Code: 4321
  • Zip Code: 60439

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $456,330
  • Tax Rate Code Area: 19006

    Appraisal Valuation

  • Standard Deviation: 0.2327
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 356,511
  • High Value: 439,483
  • Low Value: 273,539

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $44,160
  • Market Improvement Value: $225,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $4,416
  • Assessed Improvements Value: $22,584

    Sales

  • Current Sale Contract Date: Jun 25, 2020
  • Current Sale Recording Date: Oct 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2027621170
  • Previous Sale Recording Date: Jul 12, 2016
  • Previous Sale Contract Date: Jun 15, 2016
  • Previous Sale Amount: $237,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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:

$574,900

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2546 ft²

Average Home Age

28.5 years

Currently For Sale

51 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

Rentals Near You

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MRED

Listed by: , RE/MAX Synergy
Last Updated: 3 years ago
Data Source: MRED, MLS# 09390240
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 1106 Kim Place built and last sold?
The property at 1106 Kim Place was built in 1959 and last sold on Jun 25, 2020 for $325,000.
How much is this home worth?
The estimated value of the home located at 1106 Kim Place is $0.
What are some comparable homes to 1106 Kim Place?
There are currently no comparable homes to 1106 Kim Place.
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