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Harvard 60033 Oak Grove Crossing
1301 Lilac Lane
$285,000
● House - Off Market

1301 Lilac Lane

Harvard, IL 60033
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,844 Ft²
$270,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Welcome home to this must see 3 bed, 2.5 bath in desirable Oak Grove Crossing. Step inside to a modern, open floor plan with an updated kitchen with all stainless steel appliances and eat in kitchen opening to a bright and spacious family room with an attached dining room (or office/playroom). 1st floor laundry and 1/2 bath. Upstairs relax after a long day in your large master bedroom with full bath and walk in closet. 2 adjacent bedrooms and full bath. Outside you can enjoy your fenced-in backyard paradise, float in your 27 ft pool, bbq on your trex deck all while overlooking a picturesque open area! Take a walk down the street to the local neighborhood park and enjoy the views! See additional information for all the "news!"
Unit Size
1,844 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$146
Property Type
House
Property Taxes
$436
HOA Dues
$12
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 #11883411)

Price History

Date / Event Date Event Price
Nov 6, 2023 Sold
Premium
Sold
Sep 21, 2023 Listed by Keller Williams Success Realty $270,000
Listed by Keller Williams Success Realty
Oct 6, 2021 No longer available -
No longer available
May 19, 2020 In contract -
In contract
Apr 17, 2020 Listed $185,000
Listed
Beautiful 2 Story in Oak Grove Crossings with .25 ACRE+ lot backing to Open Area. Open floor plan with Formal Dining Area adjacent to Kitchen/Living room. Large Master Suite w/Walk In closet, Nice sized 1st Floor Laundry/Mudroom off Kitchen, Park/Playground w/Pond nearby. Unfinished basement ready for your finishing touches. Seller will be replacing carpet. The manager has listed the unit size as 1844 square feet.

Property Highlights

Garage
Air Conditioning

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: 10,182
  • 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: OAK GROVE CROSSING UNIT 3
  • Land Acres: 0000000234
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2020R0023017 LT 121 OAK GROVE CROSSING UNIT 3

Neighborhood

  • School District Name: Harvard Community Unit School District 50
  • Census Tract: 870301

Geography

  • Parcel: 01-27-276-006
  • Lot: 121
  • Municipality: CHEMUNG TWP
  • Latitude: 42.4374
  • Longitude: -88.6306

    Address

  • Full Address: 1301 Lilac Ln
  • Legal Unit: 3
  • Address - House Number: 1301
  • Address - Street Name: Lilac
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Harvard
  • Carrier Code: C005
  • 4-Digit Zip Code: 3722
  • Zip Code: 60033

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $523,434
  • Tax Rate Code Area: 01001

    Appraisal Valuation

  • Standard Deviation: 0.0972
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 91
  • Final Value: 266,182
  • High Value: 292,069
  • Low Value: 240,295

    Market Valuation

  • Market Total Value: $177,648
  • Market Land Value: $35,010
  • Market Improvement Value: $142,638

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,216
  • Assessed Land Value: $11,670
  • Assessed Improvements Value: $47,546

    Sales

  • Current Sale Contract Date: Nov 03, 2023
  • Current Sale Recording Date: Nov 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28379
  • Previous Sale Recording Date: Jun 24, 2020
  • Previous Sale Contract Date: Jun 05, 2020
  • Previous Sale Amount: $182,000
  • Previous Sale Document Type: 68
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 Oak Grove Crossing

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$169

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1986 ft²

Average Home Age

7.3 years

Currently For Sale

0 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 1306 8th Street, Harvard, IL, 60033

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,900 ft²
1306 8th Street, Harvard, IL, 60033 Listing by Jose Rey

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Tiffany O'Malley, Keller Williams Success Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11883411
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 1301 Lilac Lane built and last sold?
The property at 1301 Lilac Lane was built in and last sold on Nov 3, 2023 for $285,000.
How much is this home worth?
The estimated value of the home located at 1301 Lilac Lane is $0.
What are some comparable homes to 1301 Lilac Lane?
There are currently no comparable homes to 1301 Lilac Lane.
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