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Lockport 60441
1346 Prodehl Drive
$330,000
● House - Off Market

1346 Prodehl Drive

Lockport, IL 60441
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,070 Ft²
$375,508
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

This wonderful 3 step ranch offers many updates throughout & features: A stunning kitchen with granite counters, custom glass backsplash & gleaming hardwood flooring; Family room with cozy gas fireplace; Sun-filled formal living room & dining room; 3 updated baths; Spacious master suite that offers double closets & private updated master bath; Bedroom #2 is very large & offers 2 closets; Finished, English, look-out basement that offers a recreation room plus plenty of storage; Fenced yard offers a maintenance free composite deck, hot tub & storage shed; 2 car attached garage plus a side pad for boat/camper parking. NEWER ROOF, FURNACE, AC, WATER HEATER, WINDOWS & EXTRA INSULATION.
Unit Size
2,070 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$157
Property Type
House
Property Taxes
$650
HOA Dues
-
Year Built
1993

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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 #11086184)

Price History

Date / Event Date Event Price
Jul 16, 2021 Sold
Premium
Sold
May 13, 2021 Listed by Century 21 Affiliated $324,900
Listed by Century 21 Affiliated

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,375
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 750
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REGENCY POINT UNIT FIVE
  • Land Acres: 0000000280
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 243 IN REGENCY POINT SUB UNIT 5, BEING A SUB OF PRT OF THE NE1/4 OF SEC 24, T36N-R10E.

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 880601

Geography

  • Parcel: 11-04-24-211-012
  • Lot: 243
  • Meridian: SEC 24 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.594
  • Longitude: -88.0265

    Address

  • Full Address: 1346 Prodehl Dr
  • Legal Unit: 5
  • Address - House Number: 1346
  • Address - Street Name: Prodehl
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lockport
  • Carrier Code: C022
  • 4-Digit Zip Code: 3359
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 1112

    Appraisal Valuation

  • Standard Deviation: 0.1472
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 396,094
  • High Value: 454,401
  • Low Value: 337,788

    Market Valuation

  • Market Total Value: $174,558
  • Market Land Value: $42,948
  • Market Improvement Value: $131,610

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,186
  • Assessed Land Value: $14,316
  • Assessed Improvements Value: $43,870

    Sales

  • Current Sale Contract Date: Jul 21, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021081025
  • Previous Sale Recording Date: May 14, 2004
  • Previous Sale Contract Date: Apr 26, 2004
  • Previous Sale Amount: $234,000
  • 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 Lockport

Stats & Trends

Median Asking:

$379,990

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2118 ft²

Average Home Age

31.3 years

Currently For Sale

73 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 1319 Highland Avenue, Lockport, IL, 60441

$1,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,276 ft²
1319 Highland Avenue, Lockport, IL, 60441 Listing by Richard Pan
Unit for rent at 536 Parkview Lane, Lockport, IL, 60441

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
536 Parkview Lane #5, Lockport, IL, 60441 Listing by Varun Malhotra

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kimberly Wirtz, Century 21 Affiliated
Last Updated: 3 years ago
Data Source: MRED, MLS# 11086184
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 1346 Prodehl Drive built and last sold?
The property at 1346 Prodehl Drive was built in 1993 and last sold on Jul 21, 2021 for $330,000.
How much is this home worth?
The estimated value of the home located at 1346 Prodehl Drive is $0.
What are some comparable homes to 1346 Prodehl Drive?
There are currently no comparable homes to 1346 Prodehl Drive.
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