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Flossmoor 60422
1248 Berry Lane
$286,000
● House - Off Market

1248 Berry Lane

FLOSSMOOR, IL 60422
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$536,586
RealtyHop Estimate
85.03%
Since Mar 1, 2008
National-US
Primary Model

About This Property

Gorgeous renovated 2 story home on tree lined street. Granite counters in kitchen and baths. New maple cabinets and vanities.  Gleaming hardwood floors throughout. Finished basement. New windows. Large family room and cozy fireplace. Large yard and patio for outdoor entertaining. New electric service.  Easy to show!!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$543
HOA Dues
-
Year Built
1968

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,555
  • Total Building Area: 2,107
  • Gross Building Area: 2,107
  • Building Area: 2,107
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,107
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HEATHER HILLS RESUB
  • Land Acres: 0000000288
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

  • School District Name: Homewood-Flossmoor Community High School District 233
  • Census Tract: 829800

Geography

  • District: 32
  • Parcel: 31-12-118-002-0000
  • Block: 3
  • Lot: 2
  • Meridian: SEC 12 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5387
  • Longitude: -87.6866

    Address

  • Full Address: 1248 Berry Ln
  • Address - House Number: 1248
  • Address - Street Name: Berry
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Flossmoor
  • Carrier Code: C006
  • 4-Digit Zip Code: 1410
  • Zip Code: 60422

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $990,494
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 32012

    Appraisal Valuation

  • Standard Deviation: 0.2353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 332,018
  • High Value: 410,161
  • Low Value: 253,876

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $69,050
  • Market Improvement Value: $220,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $6,905
  • Assessed Improvements Value: $22,095

    Sales

  • Current Sale Contract Date: Dec 15, 2017
  • Current Sale Recording Date: Dec 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1736013078
  • Previous Sale Recording Date: Jun 05, 2014
  • Previous Sale Contract Date: May 23, 2014
  • Previous Sale Amount: $208,000
  • 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 Flossmoor

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$150

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1958 ft²

Average Home Age

61.1 years

Currently For Sale

27 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 18019 Ravisloe Terrace, Country Club Hills, IL, 60478

$2,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,150 ft²
18019 Ravisloe Terrace, Country Club Hills, IL, 60478 Listing by Ola Sanni
Unit for rent at 4453 Provincetown Drive, Country Club Hills, IL, 60478

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,300 ft²
4453 Provincetown Drive, Country Club Hills, IL, 60478 Listing by Jomont Dotton

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Thomas Bujnowski, TJB Realty Group
Data Source: MRED, MLS# MRD06776252
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 1248 Berry Lane built and last sold?
The property at 1248 Berry Lane was built in 1968 and last sold on Dec 15, 2017 for $1,701,000.
How much is this home worth?
The estimated value of the home located at 1248 Berry Lane is $321,277.
What are some comparable homes to 1248 Berry Lane?
There are currently no comparable homes to 1248 Berry Lane.
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