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Will 60448
12361 Warren Drive
$284,000
● House - Off Market

12361 Warren Drive

Mokena, IL 60448
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,400 Ft²
$288,822
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

REGULAR SALE   Fantastic ranch home with three spacious bedrooms and one and a half bathroom.  Kitchen with island seating. Office in the main floor. Full finish basement with extra rooms and enormous family room and many more possibilities in the basement.  Large back deck and great size back yard. Selling As-Is
Unit Size
1,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$207
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1965

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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 #11878470)

Price History

Date / Event Date Event Price
Oct 16, 2023 Sold
Premium
Sold
Sep 7, 2023 Listed by Chase Real Estate LLC $289,900
Listed by Chase Real Estate LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,136
  • Lot Size Depth Feet: 2,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING HEIGHTS
  • Land Acres: 0000000600
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 85 IN ROLLING HEIGHTS SUB 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: 15-08-01-400-004
  • Lot: 85
  • Meridian: SEC 01 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5481
  • Longitude: -87.9181

    Address

  • Full Address: 12361 W Warren Dr
  • Address - House Number: 12361
  • 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: $505,572
  • Tax Rate Code Area: 1516

    Appraisal Valuation

  • Standard Deviation: 0.0873
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 92
  • Final Value: 289,177
  • High Value: 314,439
  • Low Value: 263,914

    Market Valuation

  • Market Total Value: $223,983
  • Market Land Value: $77,334
  • Market Improvement Value: $146,649

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,661
  • Assessed Land Value: $25,778
  • Assessed Improvements Value: $48,883

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 13, 2023
  • Current Sale Recording Date: Oct 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 56167
  • Previous Sale Recording Date: May 21, 2010
  • Previous Sale Contract Date: May 05, 2010
  • Previous Sale Amount: $210,000
  • 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:

$389,492

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2384 ft²

Average Home Age

31.4 years

Currently For Sale

1492 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: Esperanza Montero, Chase Real Estate LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11878470
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 12361 Warren Drive built and last sold?
The property at 12361 Warren Drive was built in 1965 and last sold on Oct 13, 2023 for $284,000.
How much is this home worth?
The estimated value of the home located at 12361 Warren Drive is $293,118.
What are some comparable homes to 12361 Warren Drive?
There are currently no comparable homes to 12361 Warren Drive.
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