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Bradley 60915
1147 Riverlane Drive
$200,000
● House - Off Market

1147 Riverlane Drive

Bradley, IL 60915
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,122 Ft²
$188,484
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Better than NEW completely updated and move in ready 3 bedroom 2 bath ranch with a full basement and fenced in yard. Updates include; New Windows, Flooring, Bathrooms, Kitchen, Breezeway, Breezeway doors, Plumbing, Electrical, AC, the list just goes on and on. Roof, Siding, Furnace are less than 10 years old. Large Fenced in Back Yard with 2 sheds for additional storage, perfect for 1st time homebuyer or downsizer.
Unit Size
1,122 Ft²
Days on Market
-
Land Size
-
Price per sqft
$168
Property Type
House
Property Taxes
$165
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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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 #11828003)

Price History

Date / Event Date Event Price
Jul 28, 2023 Sold
Premium
Sold
Jul 13, 2023 Listed by Keller Williams Preferred $189,000
Listed by Keller Williams Preferred

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,540
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERLANE SUB
  • Land Acres: 0000000196
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: RIVERLANE SUB LOT 2 BLK 8 30-31-12E

Neighborhood

  • School District Name: Bradley-Bourbonnais Consolidated High School District 307
  • Census Tract: 011800

Geography

  • District: 17
  • Parcel: 17-09-30-405-020
  • Block: 8
  • Lot: 2
  • Municipality: BOURBONNAIS
  • Latitude: 41.1384
  • Longitude: -87.8789

    Address

  • Full Address: 1147 Riverlane Dr
  • Address - House Number: 1147
  • Address - Street Name: Riverlane
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bradley
  • Carrier Code: C004
  • 4-Digit Zip Code: 1960
  • Zip Code: 60915

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $197,628
  • Tax Rate Code Area: 17010

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 176,732
  • High Value: 214,332
  • Low Value: 139,133

    Market Valuation

  • Market Total Value: $152,292
  • Market Land Value: $14,586
  • Market Improvement Value: $137,706

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,764
  • Assessed Land Value: $4,862
  • Assessed Improvements Value: $45,902

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 24, 2023
  • Current Sale Recording Date: Jul 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7065
  • Previous Sale Recording Date: Mar 14, 2023
  • Previous Sale Contract Date: Mar 13, 2023
  • Previous Sale Amount: $70,000
  • 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 Bradley

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$172

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1539 ft²

Average Home Age

48.5 years

Currently For Sale

29 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 203 E John Casey Road, Bourbonnais, IL, 60914

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,250 ft²
203 E John Casey Road #1, Bourbonnais, IL, 60914 Listing by Azza Tawfik

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: James Goudreau, Keller Williams Preferred
Last Updated: 3 years ago
Data Source: MRED, MLS# 11828003
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 1147 Riverlane Drive built and last sold?
The property at 1147 Riverlane Drive was built in and last sold on Jul 24, 2023 for $200,000.
How much is this home worth?
The estimated value of the home located at 1147 Riverlane Drive is $191,873.
What are some comparable homes to 1147 Riverlane Drive?
There are currently no comparable homes to 1147 Riverlane Drive.
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