$305,000
●
House -
Off Market
111 Briar Lane
North Aurora, IL 60542
3 Beds
1 Bath
1,305 Ft²
$1,968
Est. Monthly
8.02%
Cap Rate
About This Property
Welcome to 111 Briar Lane in North Aurora! This charming ranch home
offers 3 bedrooms and 1 bathroom, located just a short walk from
the Fox River. Inside, you'll find an inviting living room with
vaulted ceilings and exposed wood beams, creating a warm and open
feel. A cozy fireplace adds comfort, while large windows let in
plenty of natural light. The kitchen has an open layout with
updated lighting, cabinets, and room to cook and gather. The
bedrooms have neutral tones ready to match any style. The updated
bathroom features beadboard accents and space for the washer and
dryer. Step outside to enjoy the backyard's pergola-covered
patio, ideal for summer dining or relaxing by the fire pit. The
yard is fenced for privacy and includes mature trees for shade and
plenty of room for gardening. With its convenient location
near parks, trails, and the river, this home offers easy access to
outdoor activities. Whether you're starting out, downsizing,
or seeking a home with character, 111 Briar Lane is ready to
welcome you.
Unit Size
1,305 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$230
Property Type
House
Property Taxes
$495
HOA Dues
-
Year Built
1959
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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: 2 years ago (MRED MLS #12266868)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 3, 2025 | Sold | ||
| Sold | |||
| Jan 14, 2025 | In contract | - | |
| In contract | |||
| Jan 8, 2025 | Listed by john greene, Realtor | $300,000 | |
| Listed by john greene, Realtor | |||
| Apr 1, 2022 | Sold | ||
| Sold | |||
| Mar 5, 2022 | Listed by Hemming & Sylvester Properties | $225,000 | |
| Listed by Hemming & Sylvester Properties | |||
| | |||
|
CHARMING MID-CENTURY HOME! You will love the feeling of this home the moment you step through the front door. The design incorporates vaulted ceilings, wood beams & feature wall you'd find in a designer's home. This open floor plan allows you to spread out as well as entertain large groups. The kitchen is spacious and offers SS appliances, newer laminate flooring (2019) & plenty of cabinet & counter space. The dining room is combined with the kitchen and is large enough for a table that expands when needed to feed a crowd. The refrigerator was replaced in 2018 & the stove & dishwasher were new in 2010. The washer & dryer are located in the roomy bathroom & were replaced in 2017. Step out back to a large patio for entertaining or just relaxing. There is a raised garden bed ready for the next planting season and the outdoor shed will be useful for extra lawn & recreational equipment. The roof was replaced in 2015 & the A/C was replaced in 2016. The location is wonderful as it is only blocks to Schneider Park & Elementary School as well as North Shore Park along the Fox River.
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About North Aurora
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Listed by: Lisa Hillman, john greene, Realtor
Last Updated: 2 years ago
Data Source: MRED, MLS# 12266868
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: 2 years ago
Data Source: MRED, MLS# 12266868
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