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Minooka 60447
1422 RED TOP Lane #0
$152,000
● House - Off Market

1422 RED TOP Lane #0

MINOOKA, IL 60447
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
$289,149
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model

About This Property

THIS PRISTINE "CAMDEN" DUPLEX SHOWS LIKE A MODEL!  FRESHLY PAINTED, NEWER CARPET & WINDOW TREATMENTS THROUGHOUT.  HUGE PATIO TO ENJOY SUMMER EVENINGS. ALL APPLIANCES STAY IN EAT IN KITCHEN W/ PANTRY & 2ND FLOOR LAUNDRY.  CLUBHOUSE COMMUNITY OFFERS BIKEPATHS, PLAYGROUND, INGROUND POOL, SOFTBALL FIELD & TENNIS COURTS.  LOOK NO FURTHER, BECAUSE THIS HOME HAS THE BEST PRICE & CONDITION YOU WILL FIND!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$226
HOA Dues
$30
Year Built
2003

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,462
  • Gross Building Area: 1,462
  • Building Area: 1,462
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,462
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD TRAILS
  • Land Acres: 0000000100
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: LAKEWOOD TRAILS UNIT 1 LT 158 (EX BEG NW COR, SW110.02' SW38.64' NW110' NE35.42' NE2.01' TO POB) SEC 13-34-8

Neighborhood

  • School District Name: Minooka Community High School District 111
  • Census Tract: 000103

Geography

  • District: 01
  • Parcel: 03-13-154-021
  • Lot: 158
  • Meridian: SEC 13 TWN 34N RNG 08W
  • Municipality: AUX SABLE TOWNSHIP
  • Latitude: 41.4285
  • Longitude: -88.2664

    Address

  • Full Address: 1422 Red Top Ln
  • Legal Unit: 1
  • Address - House Number: 1422
  • Address - Street Name: Red Top
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Minooka
  • Carrier Code: R006
  • 4-Digit Zip Code: 8211
  • Zip Code: 60447

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $418,894
  • Tax Rate Code Area: 1002

    Appraisal Valuation

  • Standard Deviation: 0.1069
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 89
  • Final Value: 220,533
  • High Value: 244,121
  • Low Value: 196,945

    Market Valuation

  • Market Total Value: $156,669
  • Market Land Value: $20,808
  • Market Improvement Value: $135,861

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,223
  • Assessed Land Value: $6,936
  • Assessed Improvements Value: $45,287

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 06, 2023
  • Current Sale Recording Date: Jul 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 620330
  • Previous Sale Recording Date: Jan 13, 2021
  • Previous Sale Contract Date: Oct 26, 2020
  • Previous Sale Amount: $165,000
  • 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 Minooka

Stats & Trends

Median Asking:

$374,900

Sale Price/ft²

$181

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2254 ft²

Average Home Age

27.3 years

Currently For Sale

38 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: Steve Jeziorski, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD06860860
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 1422 Red Top Lane built and last sold?
The property at 1422 Red Top Lane was built in 2003 and last sold on Jul 6, 2023 for $237,000.
How much is this home worth?
The estimated value of the home located at 1422 Red Top Lane is $0.
What are some comparable homes to 1422 Red Top Lane?
There are currently no comparable homes to 1422 Red Top Lane.
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