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New Lenox 60451
119 Central Road
$227,000
● House - Off Market

119 Central Road

NEW LENOX, IL 60451
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$404,660
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

Great 3 bedroom/2 bath ranch style home on almost .5 Acre lot in New Lenox! Backs Walking Trail! Vaulted ceilings in Living Room, Kitchen & Great Room! Great Room addition has floor to ceiling windows overlooking backyard, corner fireplace and separate heating system! Partially finished basement. 2 car attached garage + 2 car detached heated garage and 1 more shed/garage - perfect for small busines, workshop and storage! Beautiful property located in town. Close to park district, shopping and great schools! Hone Warranty Offered!
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$147
Property Type
House
Property Taxes
$414
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.

Last updated: 3 years ago (MRED MLS #09155241)

Price History

Date / Event Date Event Price
Apr 20, 2016 Sold
Premium
Sold
Mar 3, 2016 Listed by Keller Williams Preferred Rlty $234,900
Listed by Keller Williams Preferred Rlty

Property Highlights

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
  • 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: 19,893
  • 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: NEW LENOX ESTATES
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 66 IN NEW LENOX ESTATES UNIT 2, A SUB OF PRT OF THE E 1/2 OF THE NE 1/4 OF SEC 21 T35N R11E

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881111

Geography

  • Parcel: 15-08-21-212-003
  • Lot: 66
  • Meridian: SEC 21 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5067
  • Longitude: -87.9669

    Address

  • Full Address: 119 Central Rd
  • Legal Unit: 2
  • Address - House Number: 119
  • Address - Street Name: Central
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: New Lenox
  • Carrier Code: C010
  • 4-Digit Zip Code: 2103
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $649,630
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 320,940
  • High Value: 370,773
  • Low Value: 271,107

    Market Valuation

  • Market Total Value: $243,237
  • Market Land Value: $67,563
  • Market Improvement Value: $175,674

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $81,079
  • Assessed Land Value: $22,521
  • Assessed Improvements Value: $58,558

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 20, 2016
  • Current Sale Recording Date: Apr 26, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2016030241

    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 New Lenox

Stats & Trends

Median Asking:

$447,900

Sale Price/ft²

$211

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2181 ft²

Average Home Age

30 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 1355 Spector Road, New Lenox, IL, 60451

$2,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,300 ft²
1355 Spector Road, New Lenox, IL, 60451 Listing by Avriana Militell

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ron Wexler, Keller Williams Preferred Rlty
Last Updated: 3 years ago
Data Source: MRED, MLS# 09155241
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 119 Central Road built and last sold?
The property at 119 Central Road was built in and last sold on Apr 20, 2016 for $227,000.
How much is this home worth?
The estimated value of the home located at 119 Central Road is $0.
What are some comparable homes to 119 Central Road?
There are currently no comparable homes to 119 Central Road.
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