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Minooka 60447
125 Heritage Drive
$255,000
● House - Off Market

125 Heritage Drive

Minooka, IL 60447
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,898 Ft²
$250,656
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Check out this beautiful 3 bedroom, 2 full bath  raised ranch home located near downtown Minooka. It is located within walking distance from Summit Park.  This home also has no backyard neighbors to help add a little privacy in the back yard.  When you walk in and head up the stairs into this home, the first thing you will notice is the large living room which leads you into the dining area and kitchen. The kitchen has been renovated within the past 5 years and comes with Stainless steel appliances!.  Head into the hallway and you will find 3 bedrooms and a full bathroom. Downstairs you have access to your 2 1/2 car garage and a large family room with another full bathroom.
Unit Size
1,898 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$129
Property Type
House
Property Taxes
$335
HOA Dues
-
Year Built
1973

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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 #11415726)

Price History

Date / Event Date Event Price
Jul 13, 2022 Sold
Premium
Sold
May 26, 2022 Listed by Re/Max Ultimate Professionals $245,000
Listed by Re/Max Ultimate Professionals

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • 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: 10,454
  • Total Building Area: 1,323
  • Gross Building Area: 1,323
  • Building Area: 1,323
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,898
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AUX SABLE ACRES
  • Land Acres: 0000000240
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: AUX SABLE ACRES UNIT 1 MINOOKA LT 13 SEC 1-34-8

Neighborhood

  • School District Name: Minooka Community High School District 111
  • Census Tract: 000102

Geography

  • District: 01
  • Parcel: 03-01-406-014
  • Lot: 13
  • Meridian: SEC 01 TWN 34N RNG 08W
  • Municipality: AUX SABLE TOWNSHIP
  • Latitude: 41.4531
  • Longitude: -88.2575

    Address

  • Full Address: 125 Heritage Dr
  • Legal Unit: 1
  • Address - House Number: 125
  • Address - Street Name: Heritage
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Minooka
  • Carrier Code: R004
  • 4-Digit Zip Code: 9576
  • Zip Code: 60447

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $480,962
  • Tax Rate Code Area: 1002

    Appraisal Valuation

  • Standard Deviation: 0.2004
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 73
  • Final Value: 253,147
  • High Value: 303,899
  • Low Value: 202,396

    Market Valuation

  • Market Total Value: $179,883
  • Market Land Value: $49,257
  • Market Improvement Value: $130,626

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,961
  • Assessed Land Value: $16,419
  • Assessed Improvements Value: $43,542

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2022
  • Current Sale Recording Date: Jul 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 614508
  • Previous Sale Recording Date: Aug 01, 2018
  • Previous Sale Contract Date: Jul 19, 2018
  • Previous Sale Amount: $198,000
  • 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 Minooka

Stats & Trends

Median Asking:

$374,900

Sale Price/ft²

$180

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2245 ft²

Average Home Age

27 years

Currently For Sale

40 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: Edgar Martinez, Re/Max Ultimate Professionals
Last Updated: 3 years ago
Data Source: MRED, MLS# 11415726
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 125 Heritage Drive built and last sold?
The property at 125 Heritage Drive was built in 1973 and last sold on Jun 30, 2022 for $255,000.
How much is this home worth?
The estimated value of the home located at 125 Heritage Drive is $0.
What are some comparable homes to 125 Heritage Drive?
There are currently no comparable homes to 125 Heritage Drive.
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