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Bourbonnais 60914
1339 Westminster Lane
$204,500
● House - Off Market

1339 Westminster Lane

BOURBONNAIS, IL 60914
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,864 Ft²
$342,216
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

This brick & cedar home sits on one of the most beautiful lots in Briarcliff.  Gorgeous lake views from the 12'x27' new deck, dining room & living room. tons of sq. ft. in this 5 bedroom, with 3 Beds & 2 baths on main level.  Lower level has large family room w/fireplace, 2nd kitchen area, 2 bedrooms, bath & laundry area. Lots of natural light and a very open floorplan. with the multiple family rooms and kitchens, you have plenty of space to spread out in this one. 2.5 car garage. fenced in yard. quite street in briarcliff.
Unit Size
2,864 Ft²
Days on Market
-
Land Size
-
Price per sqft
$75
Property Type
House
Property Taxes
$452
HOA Dues
$14
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 #09668655)

Price History

Date / Event Date Event Price
Sep 15, 2017 Sold
Premium
Sold
Jun 22, 2017 Listed by Chicago Residential Experts $214,900
Listed by Chicago Residential Experts

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: 9,646
  • 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: BRIARCLIFF ESTATES EIGHTH ADDITION
  • Land Acres: 0000000221
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: BRIARCLIFF 8TH ADDN LOT 332 24-31-11E

Neighborhood

  • School District Name: Bourbonnais School District 53
  • Census Tract: 010500

Geography

  • District: 17
  • Parcel: 17-08-24-203-012
  • Lot: 332
  • Municipality: BOURBONNAIS
  • Latitude: 41.1566
  • Longitude: -87.9008

    Address

  • Full Address: 1339 Westminster Ln
  • Address - House Number: 1339
  • Address - Street Name: Westminster
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bourbonnais
  • Carrier Code: C009
  • 4-Digit Zip Code: 1633
  • Zip Code: 60914

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $620,096
  • Tax Rate Code Area: 17005

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 306,546
  • High Value: 362,012
  • Low Value: 251,079

    Market Valuation

  • Market Total Value: $288,186
  • Market Land Value: $24,795
  • Market Improvement Value: $263,391

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,062
  • Assessed Land Value: $8,265
  • Assessed Improvements Value: $87,797

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Sep 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10313
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 Bourbonnais

Stats & Trends

Median Asking:

$298,250

Sale Price/ft²

$173

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1848 ft²

Average Home Age

28.7 years

Currently For Sale

43 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: , Chicago Residential Experts
Last Updated: 3 years ago
Data Source: MRED, MLS# 09668655
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 1339 Westminster Lane built and last sold?
The property at 1339 Westminster Lane was built in and last sold on Jan 1, 1970 for $204,500.
How much is this home worth?
The estimated value of the home located at 1339 Westminster Lane is $0.
What are some comparable homes to 1339 Westminster Lane?
There are currently no comparable homes to 1339 Westminster Lane.
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