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Mokena 60448
11516 N Brightway Drive
$186,000
● House - Off Market

11516 N Brightway Drive

MOKENA, IL 60448
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,236 Ft²
$287,037
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Ranch on a HUGE wooded lot with Mature trees! 3 bedrooms & 1.5 bathrooms, updated Kitchen with newer cabinets & counter-top + walk-in pantry! Great view of yard from the Living room, to enjoy the professional landscaping & fenced yard!
Unit Size
1,236 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$146
Property Type
House
Property Taxes
$277
HOA Dues
-
Year Built
1960

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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 #09613792)

Price History

Date / Event Date Event Price
Aug 1, 2017 Sold
Premium
Sold
May 2, 2017 Listed by Century 21 Pride Realty $180,000
Listed by Century 21 Pride Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,990
  • Total Building Area: 1,236
  • Building Area: 1,236
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 1,236
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIRST ADDITION
  • Land Acres: 0000000690
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 51 IN FIRST ADDITION TO BRIGHTWOOD, A SUB OF PRT OF THE N 58.5 ACRES OF THE E1/2 OF THE NW1/4 THE N 60 ACRES OF THE W1/2

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 883517

Geography

  • Parcel: 19-09-18-202-005
  • Lot: 51
  • Meridian: SEC 18 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.5255
  • Longitude: -87.8975

    Address

  • Full Address: 11516 N Brightway Dr
  • Address - House Number: 11516
  • Street Direction: N
  • Address - Street Name: Brightway
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mokena
  • Carrier Code: C032
  • 4-Digit Zip Code: 1410
  • Zip Code: 60448

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $459,796
  • Tax Rate Code Area: 1910

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 250,049
  • High Value: 291,197
  • Low Value: 208,901

    Market Valuation

  • Market Total Value: $187,731
  • Market Land Value: $59,658
  • Market Improvement Value: $128,073

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,577
  • Assessed Land Value: $19,886
  • Assessed Improvements Value: $42,691

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 22, 2019
  • Current Sale Recording Date: May 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2019032163
  • Previous Sale Recording Date: Aug 23, 2017
  • Previous Sale Contract Date: Aug 01, 2017
  • Previous Sale Amount: $186,000
  • 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 Mokena

Stats & Trends

Median Asking:

$484,900

Sale Price/ft²

$202

Below Asking

0.01%

Average Days on Market

43

Average Home Size

3080 ft²

Average Home Age

28.6 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

Rentals Near You

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MRED

Listed by: , Century 21 Pride Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 09613792
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 11516 North Brightway built and last sold?
The property at 11516 North Brightway was built in 1960 and last sold on May 22, 2019 for $205,000.
How much is this home worth?
The estimated value of the home located at 11516 North Brightway is $0.
What are some comparable homes to 11516 North Brightway?
There are currently no comparable homes to 11516 North Brightway.
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