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Gilberts 60136
127 Reston Lane
$250,000
● House - Off Market

127 Reston Lane

GILBERTS, IL 60136
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,900 Ft²
$401,362
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Beautiful 2 year-old home approximately 1900 sqft, w/3 bedrooms, 2.5 bathrooms, plus a loft and laundry on first floor. Home has an abundance of storage. The kitchen boasts 42" upgraded cabinets, upgraded hardwood flooring and upgraded stair railing. Beautifully landscaped the property backs onto wetlands for extra privacy and security. Gilberts Town Center is a beautiful community with lots of parks, new baseball fields, splash pad, walking trails, and lots of open space. Conveniently located off of Hwy 72, close to Randall Road, 190, Metra, schools and shopping.
Unit Size
1,900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$132
Property Type
House
Property Taxes
$696
HOA Dues
$29
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 #09367866)

Price History

Date / Event Date Event Price
Jun 5, 2017 Sold
Premium
Sold
Oct 15, 2016 Listed by Berg Properties $250,000
Listed by Berg Properties

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: 8,276
  • 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: GILBERTS TOWN CENTER
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: GILBERTS TOWN CENTER UNIT 2B RESUB LT 116

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850707

Geography

  • Parcel: 02-24-230-028
  • Lot: 116
  • Municipality: RUTLAND
  • Latitude: 42.1079
  • Longitude: -88.355

    Address

  • Full Address: 127 Reston Ln
  • Legal Unit: 2B
  • Address - House Number: 127
  • Address - Street Name: Reston
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Gilberts
  • Carrier Code: R031
  • 4-Digit Zip Code: 8016
  • Zip Code: 60136

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $795,058
  • Tax Rate Code Area: RU044

    Appraisal Valuation

  • Standard Deviation: 0.1431
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 380,953
  • High Value: 435,470
  • Low Value: 326,437

    Market Valuation

  • Market Total Value: $294,223
  • Market Land Value: $87,308
  • Market Improvement Value: $206,915

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $98,035
  • Assessed Land Value: $29,091
  • Assessed Improvements Value: $68,944

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 02, 2017
  • Current Sale Recording Date: Jun 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017K031843
  • Previous Sale Recording Date: Dec 09, 2014
  • Previous Sale Contract Date: Nov 14, 2014
  • Previous Sale Amount: $251,500
  • Previous Sale Document Type: 68

    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 Gilberts

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$181

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2272 ft²

Average Home Age

27.2 years

Currently For Sale

9 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 133 Willey Street, Gilberts, IL, 60136

$2,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,950 ft²
133 Willey Street, Gilberts, IL, 60136 Listing by Tracy Tran
Unit for rent at 208 Timber Trails Boulevard, Gilberts, IL, 60136

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,524 ft²
208 Timber Trails Boulevard, Gilberts, IL, 60136 Listing by Tracy Tran

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Berg Properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 09367866
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 127 Reston Lane built and last sold?
The property at 127 Reston Lane was built in and last sold on Jun 2, 2017 for $250,000.
How much is this home worth?
The estimated value of the home located at 127 Reston Lane is $0.
What are some comparable homes to 127 Reston Lane?
There are currently no comparable homes to 127 Reston Lane.
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