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Will 60448
12355 W Warren Drive
$242,000
● House - Off Market

12355 W Warren Drive

Mokena, IL 60448
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,350 Ft²
$278,768
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Country Living at its finest! Incredible homesite -  4 bedroom - 2 Bath RANCH in sought-after Rolling Heights- Full Finished Basement with Large Recreation Room, 2 storage rooms, bedroom/office and full bath - Large Living Room with wood burning Fireplace - Eat-in Kitchen - Main Level Large Laundry Room with service door to backyard -  Hardwood Floors in 3 Bedrooms - Newer vinyl flooring in Living/Dining/Hall and Kitchen- Newer items include Architectural Shingle Roof (2020) Hot Water Heater (2021) Overhead Garage Door and Opener (2017)  Great deep backyard with storage shed and patio -  Large Driveway to 2-1/2 Car Garage-  Award Winning Schools Mokena #159 and Lincoln Way High School #210 - Minutes to Hickory Creek Metra Rail Station - Immediate Occupancy - Easy to show   Home being sold "as-is"
Unit Size
1,350 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$185
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
-

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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 #11202779)

Price History

Date / Event Date Event Price
Nov 4, 2021 Sold
Premium
Sold
Aug 27, 2021 Listed by Baird & Warner $250,000
Listed by Baird & Warner

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: 19,372
  • 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: ROLLING HEIGHTS
  • Land Acres: 0000000440
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 83 IN ROLLING HEIGHTS, BEING A SUB OF PRT OF THE SE1/4 OF SEC 1, T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881105

Geography

  • Parcel: 15-08-01-400-006
  • Lot: 83
  • Meridian: SEC 01 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5476
  • Longitude: -87.9182

    Address

  • Full Address: 12355 W Warren Dr
  • Address - House Number: 12355
  • Street Direction: W
  • Address - Street Name: Warren
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mokena
  • Carrier Code: R032
  • 4-Digit Zip Code: 9221
  • Zip Code: 60448

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $544,678
  • Tax Rate Code Area: 1516

    Appraisal Valuation

  • Standard Deviation: 0.0883
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 92
  • Final Value: 269,264
  • High Value: 293,059
  • Low Value: 245,470

    Market Valuation

  • Market Total Value: $239,916
  • Market Land Value: $77,334
  • Market Improvement Value: $162,582

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,972
  • Assessed Land Value: $25,778
  • Assessed Improvements Value: $54,194

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 04, 2021
  • Current Sale Recording Date: Nov 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021123967
  • Previous Sale Recording Date: Dec 06, 2017
  • Previous Sale Contract Date: Nov 08, 2017
  • Previous Sale Amount: $195,000
  • 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 Will

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2349 ft²

Average Home Age

32.6 years

Currently For Sale

1513 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: Cynthia Nelson Katsenes, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11202779
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 12355 West Warren Drive built and last sold?
The property at 12355 West Warren Drive was built in and last sold on Nov 4, 2021 for $242,000.
How much is this home worth?
The estimated value of the home located at 12355 West Warren Drive is $0.
What are some comparable homes to 12355 West Warren Drive?
There are currently no comparable homes to 12355 West Warren Drive.
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