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Lemont 60439
1365 Overton Drive
$583,000
● House - Off Market

1365 Overton Drive

Lemont, IL 60439
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,581 Ft²
$562,646
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Rare Brick Ranch in "Covington Knolls Subdivision" w/3 Bedrooms and 2-1/2 Baths, Master bath w/ Large Whirlpool tub w/separate shower. Fireplace in Family Room with hardwood flooring. Volume Ceilings and Open Concept. Freshly painted and new carpeting throughout. Pleated insulating draw curtains in living and dining rooms. 7x12' walk in closet in master bedroom. First Floor Laundry w/slop sink. Nice open 1000 sq./ft. basement w/many possibilities + lots of storage space. Elevated Concrete crawl space w/3-1/2' clearance and easy access. Relax on the Deck and take in the wide open peaceful view of the plush landscaping. Power retractable Awning over Deck. Sprinkler system. 3 Car Garage. Much more. Hurry! It will be a goner.
Unit Size
2,581 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$213
Property Type
House
Property Taxes
$728
HOA Dues
-
Year Built
1999

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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 #11400165)

Price History

Date / Event Date Event Price
Jul 7, 2022 Sold
Premium
Sold
May 13, 2022 Listed by National City Realty $549,950
Listed by National City Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 13,137
  • Total Building Area: 2,581
  • Gross Building Area: 2,581
  • Building Area: 2,581
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,581
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COVINGTON KNOLLS 01
  • Land Acres: 0000000302
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04

Neighborhood

  • School District Name: Lemont Township High School District 210
  • Census Tract: 824003

Geography

  • District: 19
  • Parcel: 22-28-306-017-0000
  • Lot: 17
  • Meridian: SEC 28 TWN 37N RNG 11E
  • Municipality: LEMONT
  • Latitude: 41.659
  • Longitude: -87.985

    Address

  • Full Address: 1365 Overton Dr
  • Address - House Number: 1365
  • Address - Street Name: Overton
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lemont
  • Carrier Code: R001
  • 4-Digit Zip Code: 8546
  • Zip Code: 60439

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $884,019
  • Tax Rate Code Area: 19006

    Appraisal Valuation

  • Standard Deviation: 0.2303
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 603,317
  • High Value: 742,268
  • Low Value: 464,366

    Market Valuation

  • Market Total Value: $530,000
  • Market Land Value: $105,100
  • Market Improvement Value: $424,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,000
  • Assessed Land Value: $10,510
  • Assessed Improvements Value: $42,490

    Sales

  • Current Sale Contract Date: Jul 06, 2022
  • Current Sale Recording Date: Aug 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 19011
  • Previous Sale Recording Date: May 04, 2007
  • Previous Sale Contract Date: Apr 26, 2007
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: 27
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 Lemont

Stats & Trends

Median Asking:

$569,950

Sale Price/ft²

$252

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2523 ft²

Average Home Age

30 years

Currently For Sale

59 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 317 Canal Street, Lemont, IL, 60439

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,250 ft²
317 Canal Street #B, Lemont, IL, 60439 Listing by Michael Klimek
Unit for rent at 1005 Singer Avenue, Lemont, IL, 60439

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
1005 Singer Avenue, Lemont, IL, 60439 Listing by Mariola Sawicki

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Leonard Lanni, National City Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11400165
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 1365 Overton Drive built and last sold?
The property at 1365 Overton Drive was built in 1999 and last sold on Jul 6, 2022 for $583,000.
How much is this home worth?
The estimated value of the home located at 1365 Overton Drive is $565,853.
What are some comparable homes to 1365 Overton Drive?
There are currently no comparable homes to 1365 Overton Drive.
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