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Lockport 60441
15411 W Summerwind Lot #107 Drive
$570,480
● House - Off Market

15411 W Summerwind Lot #107 Drive

Lockport, IL 60441
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,470 Ft²
$2,863
Est. Monthly
$61
HOA / Fees
5.24%
Cap Rate

About This Property

Welcome to Better, Welcome to the Dunbar!
Unit Size
2,470 Ft²
Days on Market
-
Land Size
-
Price per sqft
$231
Property Type
House
Property Taxes
-
HOA Dues
$61
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 #11842170)

Price History

Date / Event Date Event Price
Jan 5, 2024 Sold
Premium
Sold
Jul 25, 2023 Listed by Little Realty $570,480
Listed by Little Realty

Property Highlights

Air Conditioning

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: 0
  • Lot Size Frontage Feet: 0
  • 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: SILO BEND PHASE 1
  • Standard Land Use Code: 1000
  • County Land Use Code: 0032
  • Legal Description 1: LOT 107 IN SILO BEND PHASE 1, BEING A SUB OF PRT OF THE SE1/4 OF SEC. 20, T36N-R11E.

Neighborhood

  • Census Tract: 881010

Geography

  • Subdivision Phase Number: 1
  • Parcel: 16-05-20-404-004
  • Lot: 107
  • Meridian: SEC 20 TWN 36N RNG 11E
  • Latitude: 41.5864
  • Longitude: -87.9936

    Address

  • Full Address: 15411 W Summerwind Dr
  • Address - House Number: 15411
  • Street Direction: W
  • Address - Street Name: Summerwind
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lockport
  • Carrier Code: R048
  • 4-Digit Zip Code: 5080
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $26,664
  • Tax Rate Code Area: 1621

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 573,600
  • High Value: 681,304
  • Low Value: 465,897

    Market Valuation

  • Market Total Value: $8,544
  • Market Land Value: $8,544

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,848
  • Assessed Land Value: $2,848

    Sales

  • Current Sale Contract Date: Jan 05, 2024
  • Current Sale Recording Date: Jan 05, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 978
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:

$379,900

Sale Price/ft²

$218

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1987 ft²

Average Home Age

28.8 years

Currently For Sale

64 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 16515 W Golden Valley Lane, Lockport, IL, 60441

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,840 ft²
16515 W Golden Valley Lane, Lockport, IL, 60441 Listing by Leila Bowie

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Linda Little, Little Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11842170
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 15411 West Summerwind Drive built and last sold?
The property at 15411 West Summerwind Drive was built in and last sold on Jan 5, 2024 for $570,480.
How much is this home worth?
The estimated value of the home located at 15411 West Summerwind Drive is $0.
What are some comparable homes to 15411 West Summerwind Drive?
There are currently no comparable homes to 15411 West Summerwind Drive.
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