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Beecher 60401
1390 Somerset Drive
Photo of 1390 Somerset Drive

25

Map

Photo of 1390 Somerset Drive
Photo of 1390 Somerset Drive
$220,000
● House - In Contract

1390 Somerset Drive

Beecher, IL 60401
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,940 Ft²
$1,756
Est. Monthly
$150
HOA / Fees

About This Property

Offer verbally accepted, waiting on paperwork** Investor's! we have an easy one for you!! Drywall patching & painting needed and new carpeting, this one is READY & priced accordingly!  beautiful hardwood floors throughout main level! updated kitchen with tile backsplash & granite counter tops & cherry cabinetry! sliding glass doors lead to your 10 x10 patio. Gas fireplace with Tile hearth & beautiful custom mantel!  Loft area and 3 bedrooms upstairs, shared bath and FULL Master Bath! Attached 2.5 car garage!
Unit Size
1,940 Ft²
Days on Market
-
Land Size
-
Price per sqft
$113
Property Type
House
Property Taxes
$525
HOA Dues
$150
Year Built
-

Listed By

Heidi Singler
Heidi Singler
[email protected]
Village Realty, Inc.

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Cap Rate Calculator

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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.

Property Highlights

Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Has Open Parking
Parking Features: Asphalt, Garage, Attached, Off Street, Driveway, On Street, Yes, Owned
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Storage, Built-in Features
Appliances: Range, Dishwasher, Refrigerator
Flooring Type: Hardwood
Laundry Features: Main Level, Washer Hookup
Rooms: 5
Basement: Unfinished, Partial
Exterior Details
Square Footage: 1940
Square Footage Source: $0
Year Built: 2008
Other Structures: On Street
Window Features: Screens
Construction Materials: Vinyl Siding, Brick
Patio and Porch Features: Deck
Lot Features: Landscaped, Backs to Public GRND, Backs to Open Grnd
Lot Size Dimensions: 32 x 65
Water Source: Public
Financial Details
Tax Annual Amount: $6,300
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Park, Ceiling Fan, Patio
HOA Fee: $150
HOA Fee Frequency: Monthly

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: 2,091
  • 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: PRAIRIE PARK
  • Land Acres: 0000000048
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: THAT PRT OF LOT 53 IN PRAIRIE PARK, BEING A SUB OF PRT OF THE SE1/4 OF SEC. 9, T33N-R14E, DAF: COMM AT THE SE1/4 OF SD LOT 53

Neighborhood

  • School District Name: Beecher Community Unit School District 200U
  • Census Tract: 883902

Geography

  • Parcel: 22-22-09-417-022
  • Lot: 53
  • Meridian: SEC 09 TWN 33N RNG 14E
  • Municipality: WASHINGTON
  • Latitude: 41.357
  • Longitude: -87.6175

    Address

  • Full Address: 1390 Somerset Dr
  • Address - House Number: 1390
  • Address - Street Name: Somerset
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Beecher
  • Carrier Code: R004
  • 4-Digit Zip Code: 3386
  • Zip Code: 60401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $530,222
  • Tax Rate Code Area: 2201

    Appraisal Valuation

  • Standard Deviation: 0.1151
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 87
  • Final Value: 261,106
  • High Value: 291,165
  • Low Value: 231,047

    Market Valuation

  • Market Total Value: $203,886
  • Market Land Value: $45,165
  • Market Improvement Value: $158,721

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,962
  • Assessed Land Value: $15,055
  • Assessed Improvements Value: $52,907

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 29, 2014
  • Current Sale Recording Date: Jun 10, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2014048388

    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 Beecher

Stats & Trends

Median Asking:

$324,900

Sale Price/ft²

$172

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1986 ft²

Average Home Age

29.3 years

Currently For Sale

23 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: Heidi Singler, Village Realty, Inc.
Data Source: MRED, MLS# MRD12757992
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 1390 Somerset Drive built and last sold?
The property at 1390 Somerset Drive was built in and last sold on May 29, 2014 for $150,000.
How much is this home worth?
The estimated value of the home located at 1390 Somerset Drive is $227,724.
What are some comparable homes to 1390 Somerset Drive?
There are currently no comparable homes to 1390 Somerset Drive.
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