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New Lenox 60451
115 Tonell Avenue
$227,000
● House - Off Market

115 Tonell Avenue

New Lenox, IL 60451
bedrooms
4 Beds
bathrooms
2 Baths
$1,700
Est. Monthly
11.90%
Cap Rate

About This Property

LOCATION LOCATION LOCATION! CHECK OUT THIS 4 BDRM/2 BA HOME. THIS IS AN ESTATE SALE, SOLD AS IS. CASH OR CONVENTIONAL OFFERS ONLY PLEASE. NEWER ROOF,SIDING,WINDOWS AND APPLIANCES. DECK NEEDS REPAIR***
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$521
HOA Dues
-
Year Built
1967

Payment Calculator

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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 #11908129)

Price History

Date / Event Date Event Price
Dec 15, 2023 Sold
Premium
Sold
Oct 14, 2023 Listed by Keller Williams Preferred Rlty $239,900
Listed by Keller Williams Preferred Rlty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,320
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 880
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEW LENOX HEIGHTS UNIT #1
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 17 IN NEW LENOX HEIGHTS UNIT 1, BEING A SUB OF PRT OF THE NE1/4 OF SEC 22, T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881115

Geography

  • Parcel: 15-08-22-203-006
  • Lot: 17
  • Meridian: SEC 22 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5115
  • Longitude: -87.9504

    Address

  • Full Address: 115 Tonell Ave
  • Legal Unit: 1
  • Address - House Number: 115
  • Address - Street Name: Tonell
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: New Lenox
  • Carrier Code: C013
  • 4-Digit Zip Code: 1928
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $625,416
  • Tax Rate Code Area: 1520

    Appraisal Valuation

  • Standard Deviation: 0.0867
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 92
  • Final Value: 236,643
  • High Value: 257,179
  • Low Value: 216,108

    Market Valuation

  • Market Total Value: $242,937
  • Market Land Value: $67,230
  • Market Improvement Value: $175,707

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,979
  • Assessed Land Value: $22,410
  • Assessed Improvements Value: $58,569

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 15, 2023
  • Current Sale Recording Date: Dec 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 4
  • Current Sale Input Document Number: 66024
  • Previous Sale Recording Date: Aug 06, 2002
  • Previous Sale Contract Date: Jul 29, 2002
  • Previous Sale Amount: $157,000
  • 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 New Lenox

Stats & Trends

Median Asking:

$442,404

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2120 ft²

Average Home Age

32.6 years

Currently For Sale

49 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 715 Tauber Road, New Lenox, IL, 60451

$2,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
715 Tauber Road #715, New Lenox, IL, 60451 Listing by David Neven
Unit for rent at 110 Town Crest Place, New Lenox, IL, 60451

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
110 Town Crest Place #A, New Lenox, IL, 60451 Listing by Steven Kuyawa

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Thomas Cummings, Keller Williams Preferred Rlty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11908129
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 115 Tonell Avenue built and last sold?
The property at 115 Tonell Avenue was built in 1967 and last sold on Dec 15, 2023 for $227,000.
How much is this home worth?
The estimated value of the home located at 115 Tonell Avenue is $0.
What are some comparable homes to 115 Tonell Avenue?
There are currently no comparable homes to 115 Tonell Avenue.
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