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Fairmont 60441
128 Barry Avenue
$100,000
● House - Off Market

128 Barry Avenue

Lockport, IL 60441
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$113,353
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Attention: Investors or even new owners who doesn't mind putting a little sweat equity into their new home, which needs a little work but has great bones. This home offers 2 bedrooms, 1 bath, living and dining room combo and also features a Den/Office and a nice size family room which either one can be converted into a 3rd bedroom, last but not least it also has a full basement for even more storage. let's not forget about the large double lot, plenty of outdoor space. home is being sold AS IS.
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$100
Property Type
House
Property Taxes
$24
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 #11690718)

Price History

Date / Event Date Event Price
Mar 6, 2023 Sold
Premium
Sold
Dec 21, 2022 Listed by Keller Williams Infinity $110,000
Listed by Keller Williams Infinity

Property Highlights

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: 10,664
  • 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: T H RILEYS RESUB
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 18 19 BLOCK 10 IN T H RILEYS RESUB, PRT OF RIVERVIEW SUB, BEING A SUB OF PRT OF THE E1/2 OF THE SE1/4 OF SEC 34, T36N-R1

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 880702

Geography

  • Parcel: 11-04-34-418-015
  • Block: 10
  • Lot: 18
  • Meridian: SEC 34 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5575
  • Longitude: -88.0679

    Address

  • Full Address: 128 Barry Ave
  • Address - House Number: 128
  • Address - Street Name: Barry
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lockport
  • Carrier Code: C017
  • 4-Digit Zip Code: 5102
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,588
  • Tax Rate Code Area: 1109

    Appraisal Valuation

  • Standard Deviation: 0.1675
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 94,729
  • High Value: 110,604
  • Low Value: 78,854

    Market Valuation

  • Market Total Value: $57,654
  • Market Land Value: $20,787
  • Market Improvement Value: $36,867

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,218
  • Assessed Land Value: $6,929
  • Assessed Improvements Value: $12,289

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 06, 2023
  • Current Sale Recording Date: Mar 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10820
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 Fairmont

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$190

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1379 ft²

Average Home Age

61.3 years

Currently For Sale

3 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: Tangela Jones, Keller Williams Infinity
Last Updated: 3 years ago
Data Source: MRED, MLS# 11690718
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 128 Barry Avenue built and last sold?
The property at 128 Barry Avenue was built in and last sold on Mar 6, 2023 for $100,000.
How much is this home worth?
The estimated value of the home located at 128 Barry Avenue is $0.
What are some comparable homes to 128 Barry Avenue?
There are currently no comparable homes to 128 Barry Avenue.
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