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Cook 60439
11816 Hillcrest Drive
$475,000
● House - Off Market

11816 Hillcrest Drive

Lemont, IL 60439
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,412 Ft²
$464,321
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Beautiful all brick 4 bedroom 2 and a half bath Quad on half an acre in highly sought after Lemont. This home has much more space than it looks like from the pictures with first floor master suite or  a possible in law arrangement ,private office  and finished basement . 2 wood burning fireplaces . Huge yard with deck, Gazebo and maintenance free balcony .Blue ribbon schools...Downtown Lemont featuring Restaurants, Bars,Walking Paths, Parks, The Forge Adventure Park and much more . Roof(2008) Windows and front and back doors(2015)Window treatments(2017)Trex balcony(2018)Furnace and Nest thermostat(2021)
Unit Size
2,412 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$190
Property Type
House
Property Taxes
$700
HOA Dues
-
Year Built
1970

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Cap Rate Calculator

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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 #11388313)

Price History

Date / Event Date Event Price
Jun 6, 2022 Sold
Premium
Sold
Apr 28, 2022 Listed by Baird & Warner $459,000
Listed by Baird & Warner

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,412
  • Gross Building Area: 2,412
  • Building Area: 2,412
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,412
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KANDICHS HILLCREST ESTATES
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: D (KANDICHS) (HILLCREST) (ESTATES) ADD A SUB OF SE SE SEC 21-37-11

Neighborhood

  • School District Name: Lemont Township High School District 210
  • Census Tract: 824004

Geography

  • District: 19
  • Parcel: 22-21-404-014-0000
  • Lot: 88
  • Meridian: SEC 21 TWN 37N RNG 11E
  • Municipality: LEMONT
  • Latitude: 41.6723
  • Longitude: -87.9756

    Address

  • Full Address: 11816 Hillcrest Dr
  • Address - House Number: 11816
  • Address - Street Name: Hillcrest
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lemont
  • Carrier Code: C003
  • 4-Digit Zip Code: 4144
  • Zip Code: 60439

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $783,938
  • Tax Rate Code Area: 19002

    Appraisal Valuation

  • Standard Deviation: 0.2303
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 539,207
  • High Value: 663,393
  • Low Value: 415,022

    Market Valuation

  • Market Total Value: $430,000
  • Market Land Value: $115,000
  • Market Improvement Value: $315,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,000
  • Assessed Land Value: $11,500
  • Assessed Improvements Value: $31,500

    Sales

  • Current Sale Contract Date: Jun 02, 2022
  • Current Sale Recording Date: Jun 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4019
  • Previous Sale Recording Date: Jan 24, 1994
  • Previous Sale Contract Date: Dec 20, 1993
  • Previous Sale Amount: $123,333
  • 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 Cook

Stats & Trends

Median Asking:

$374,990

Sale Price/ft²

$241

Above Asking

3.73%

Average Days on Market

45

Average Home Size

1496 ft²

Average Home Age

65.3 years

Currently For Sale

9262 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

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MRED

Listed by: Ray DeNardis, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11388313
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 11816 Hillcrest Drive built and last sold?
The property at 11816 Hillcrest Drive was built in 1970 and last sold on Jun 2, 2022 for $475,000.
How much is this home worth?
The estimated value of the home located at 11816 Hillcrest Drive is $0.
What are some comparable homes to 11816 Hillcrest Drive?
There are currently no comparable homes to 11816 Hillcrest Drive.
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