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Will 60451
1317 Corrie Lane
$325,001
● House - Off Market

1317 Corrie Lane

New Lenox, IL 60451
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,384 Ft²
$2,192
Est. Monthly
7.03%
Cap Rate

About This Property

Check out this flat ranch featuring 3 beds, 2 full baths plus full basement!  Nearly 1/2 Acre lot!  Main floor features large foyer with ceramic tile flooring! Large living room with fireplace and new flooring!  Eat in kitchen with solid oak cabinets and maintenance free flooring. Formal dining room with new flooring and updated fixture!  3 large beds--all with new flooring too!  Large master bed has private full bath!  Full guest bath with new flooring too!  Full basement for storage or future living space!  Attached 2 car garage!  Exterior features deck overlooking huge yard with 0 neighbors behind you--super private!  New Anderson windows in '20! Furnace replaced in '13! HWH replaced in '16! Immediate possession!
Unit Size
1,384 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$235
Property Type
House
Property Taxes
$596
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: 2 years ago (MRED MLS #12269949)

Price History

Date / Event Date Event Price
Mar 4, 2025 Sold
Premium
Sold
Jan 29, 2025 In contract -
In contract
Jan 24, 2025 Listed by RE/MAX 10 $324,900
Listed by RE/MAX 10

Property Highlights

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: 20,590
  • 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: WINDERMERE HEIGHTS
  • Land Acres: 0000000470
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 36 IN WINDERMERE HEIGHTS, BEING A SUB OF PRT OF THE E1/2 OF THE SW1/4 SEC 26, T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881113

Geography

  • Parcel: 15-08-26-303-004
  • Lot: 36
  • Meridian: SEC 26 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.4868
  • Longitude: -87.9389

    Address

  • Full Address: 1317 Corrie Ln
  • Address - House Number: 1317
  • Address - Street Name: Corrie
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: New Lenox
  • Carrier Code: R003
  • 4-Digit Zip Code: 2611
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $673,620
  • Tax Rate Code Area: 1520

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 316,107
  • High Value: 365,190
  • Low Value: 267,025

    Market Valuation

  • Market Total Value: $260,274
  • Market Land Value: $84,045
  • Market Improvement Value: $176,229

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $86,758
  • Assessed Land Value: $28,015
  • Assessed Improvements Value: $58,743

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 26, 2021
  • Current Sale Recording Date: Aug 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021085201

    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 Will

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2371 ft²

Average Home Age

32.9 years

Currently For Sale

1534 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

Rentals Near You

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MRED

Listed by: David Cobb, RE/MAX 10
Last Updated: 2 years ago
Data Source: MRED, MLS# 12269949
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 1317 Corrie Lane built and last sold?
The property at 1317 Corrie Lane was built in and last sold on Jul 26, 2021 for $249,900.
How much is this home worth?
The estimated value of the home located at 1317 Corrie Lane is $326,482.
What are some comparable homes to 1317 Corrie Lane?
There are currently no comparable homes to 1317 Corrie Lane.
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