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New Lenox 60451
116 Roberts Road
$337,000
● House - Off Market

116 Roberts Road

New Lenox, IL 60451
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,348 Ft²
$2,262
Est. Monthly
6.86%
Cap Rate

About This Property

Move in ready home in the heart of New Lenox. This charming ranch home offers so many features such as new bedroom and bathroom windows (2023), new Luxury Vinyl Plank flooring (2024), new dishwasher & refrigerator (2023), new fence (2023), double insulated garage door (2024), crawlspace encapsulation with drainage system, ejector pit, and dehumidifier (2023), and newer furnace and A/C (2022). The fully fenced backyard offers a new deck (2024), as well as a patio. Perfect for grilling, entertaining, and gardening. This home has been beautifully maintained and the welcoming, bright atmosphere will surely make you feel at home. Unincorporated New Lenox with private well - No water bill & LOW TAXES.
Unit Size
1,348 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$260
Property Type
House
Property Taxes
$542
HOA Dues
-
Year Built
-

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.

Property Highlights

Garage
Air Conditioning
Fireplace

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
  • Living Units: 1
  • 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: 14,159
  • 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: LINCOLN MANOR
  • Land Acres: 0000000325
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 19 IN LINCOLN MANOR, BEING BATSON'S SUB OF THE N 800 FT OF THE W 825 FT OF THE OF THE E 3/4THS OF THE W1/2 OF THE NE1/4 O

Neighborhood

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

Geography

  • Assessors Map Reference: 3501-D6
  • Parcel: 15-08-22-201-007
  • Lot: 19
  • Meridian: SEC 22 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.511
  • Longitude: -87.9539

    Address

  • Full Address: 116 Roberts Rd
  • Address - House Number: 116
  • Address - Street Name: Roberts
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: New Lenox
  • Carrier Code: C013
  • 4-Digit Zip Code: 1922
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $547,058
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 1520

    Appraisal Valuation

  • Standard Deviation: 0.0883
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 92
  • Final Value: 290,211
  • High Value: 315,857
  • Low Value: 264,566

    Market Valuation

  • Market Total Value: $229,755
  • Market Land Value: $73,335
  • Market Improvement Value: $156,420

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,585
  • Assessed Land Value: $24,445
  • Assessed Improvements Value: $52,140

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 26, 2023
  • Current Sale Recording Date: Jun 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 32615
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:

$440,000

Sale Price/ft²

$211

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2211 ft²

Average Home Age

29.8 years

Currently For Sale

50 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 730 Lake Road, New Lenox, IL, 60451

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,150 ft²
730 Lake Road #730, New Lenox, IL, 60451 Listing by David Neven

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sonia Korszla, Exit Realty Redefined
Data Source: MRED, MLS# MRD12378236
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 116 Roberts Road built and last sold?
The property at 116 Roberts Road was built in and last sold on Jun 26, 2023 for $287,500.
How much is this home worth?
The estimated value of the home located at 116 Roberts Road is $345,192.
What are some comparable homes to 116 Roberts Road?
There are currently no comparable homes to 116 Roberts Road.
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