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DeKalb 60548 Memory Lane Estates
15551 N Memory Lane
$206,000
● House - Off Market

15551 N Memory Lane

Sandwich, IL 60548
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,500 Ft²
$304,347
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

This is your chance to enjoy the good life at a great price!  Beautiful, well maintained ranch on an acre lot in country subdivision.  Homes in this area rarely come on the market. 3 bedroom, 1.5 baths. Partially finished basement. Beautiful brick fireplace. You will love this floor plan! The sellers built this home & have loved living here, but it's time to move.  Many updates include: New furnace & A/C in 2015. New roof 2016, New well system 2013. Battery back up on Sump.  2 new garage door openers just installed with key pads. Both toilets recently replaced.    Quality built home with added extra insulation. Appliances stay.  Outbuilding is possible. Sandwich schools.  Check this home out in person.  Because of Covid, please wear masks, use booties or take off shoes & use hand sanitizer.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
1.15 acres
Price per sqft
$146
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
-

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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

Garage
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
  • Living Units: 1
  • 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: 50,062
  • 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: MEMORY LANE ESTATES
  • Land Acres: 0000001149
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: MEMORY LANE ESTATES UNIT 1 - LOT 2

Neighborhood

  • School District Name: Sandwich Community Unit School District 430
  • Census Tract: 001900

Zoning

  • Zoning: PDR

Geography

  • Account Number: 1910201002
  • District: SA
  • Parcel: 19-10-201-002
  • Lot: 2
  • Municipality: SANDWICH
  • Latitude: 41.7032
  • Longitude: -88.651

    Address

  • Full Address: 15551 N Memory Ln
  • Legal Unit: 1
  • Address - House Number: 15551
  • Street Direction: N
  • Address - Street Name: Memory
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Sandwich
  • Carrier Code: R001
  • 4-Digit Zip Code: 4068
  • Zip Code: 60548

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $458,322
  • Tax Rate Code Area: SA01

    Appraisal Valuation

  • Standard Deviation: 0.1779
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 282,397
  • High Value: 332,638
  • Low Value: 232,157

    Market Valuation

  • Market Total Value: $225,861
  • Market Land Value: $87,276
  • Market Improvement Value: $138,585

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,287
  • Assessed Land Value: $29,092
  • Assessed Improvements Value: $46,195

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 07, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020007508
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 Memory Lane Estates

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

2080 ft²

Average Home Age

50 years

Currently For Sale

1 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: Shirlene Peterson, Swanson Real Estate
Data Source: MRED, MLS# MRD10707961
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 15551 North Memory Lane built and last sold?
The property at 15551 North Memory Lane was built in and last sold on Jul 7, 2020 for $206,000.
How much is this home worth?
The estimated value of the home located at 15551 North Memory Lane is $0.
What are some comparable homes to 15551 North Memory Lane?
There are currently no comparable homes to 15551 North Memory Lane.
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