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Cook 60439
13267 Briar Patch Lane
$687,500
● House - Off Market

13267 Briar Patch Lane

Lemont, IL 60439
bedrooms
6 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,581 Ft²
$4,510
Est. Monthly
3.39%
Cap Rate

About This Property

Welcome to Lemont and this Stunning Brick and Cedar Georgian Custom Built Home Move In Ready! This 6 Bedroom 3.1 Bath Home with 1st Floor Guest Bedroom. Hardwood Floors on main level and New Carpet in 2nd Floor Bedrooms.Open Floorplan with Vaulted Ceilings,Dual Staircase, Huge Master Bedroom & Bath,Full Basement with 1 Bedroom and a Full Bath walks out through the Garage to the outside. Includes a Stunning HUGE 4 Seasons Room with Heated Floors. Custom no Maintenance Aluminum Fenced Yard. Pool is conveyed as-is and hasn't been used in years. Located near Shopping, Golf Courses and minutes to Downtown Lemont with Metra Service there.
Unit Size
3,581 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$209
Property Type
House
Property Taxes
$832
HOA Dues
-
Year Built
1997

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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 #12046354)

Price History

Date / Event Date Event Price
Jun 12, 2024 Sold
Premium
Sold
May 3, 2024 Listed by Compass $749,000
Listed by Compass

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,188
  • Total Building Area: 3,173
  • Gross Building Area: 3,173
  • Building Area: 3,173
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,173
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MOORFIELD ESTATES
  • Land Acres: 0000000716
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (MOORFIELD) ESTATES PT OF THE EH OF THE SW SEC 35-37-11

Neighborhood

  • School District Name: Lemont Township High School District 210
  • Census Tract: 824006

Geography

  • District: 19
  • Parcel: 22-35-310-002-0000
  • Lot: 15
  • Meridian: SEC 35 TWN 37N RNG 11E
  • Municipality: LEMONT
  • Latitude: 41.6487
  • Longitude: -87.9454

    Address

  • Full Address: 13267 Briar Patch Ln
  • Address - House Number: 13267
  • Address - Street Name: Briar Patch
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Lemont
  • Carrier Code: R010
  • 4-Digit Zip Code: 6746
  • Zip Code: 60439

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $997,975
  • Tax Rate Code Area: 19002

    Appraisal Valuation

  • Standard Deviation: 0.2303
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 657,409
  • High Value: 808,818
  • Low Value: 506,000

    Market Valuation

  • Market Total Value: $600,000
  • Market Land Value: $202,720
  • Market Improvement Value: $397,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,000
  • Assessed Land Value: $20,272
  • Assessed Improvements Value: $39,728

    Sales

  • Current Sale Contract Date: Jul 30, 2014
  • Current Sale Recording Date: Aug 25, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1423704071
  • Previous Sale Recording Date: Nov 07, 2002
  • Previous Sale Contract Date: Oct 28, 2002
  • Previous Sale Amount: $470,000
  • 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 Cook

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$242

Above Asking

1.67%

Average Days on Market

45

Average Home Size

1486 ft²

Average Home Age

65.3 years

Currently For Sale

9158 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 14130 Sheffield Drive, Homer Glen, IL, 60491

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,690 ft²
14130 Sheffield Drive #202, Homer Glen, IL, 60491 Listing by Danielle Moy

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Giliano, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 12046354
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 13267 Briar Patch Lane built and last sold?
The property at 13267 Briar Patch Lane was built in 1997 and last sold on Jul 30, 2014 for $485,000.
How much is this home worth?
The estimated value of the home located at 13267 Briar Patch Lane is $0.
What are some comparable homes to 13267 Briar Patch Lane?
There are currently no comparable homes to 13267 Briar Patch Lane.
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