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Plainfield 60544
15824 S Collins Drive
$315,000
● House - Off Market

15824 S Collins Drive

Plainfield, IL 60544
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,105 Ft²
$2,089
Est. Monthly
8.42%
Cap Rate
Unit Size
1,105 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$290
Property Type
House
Property Taxes
$517
HOA Dues
-
Year Built
1957

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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
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 450
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,064
  • Total Building Area: 1,105
  • Building Area: 1,105
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,105
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RENWICK HEIGHTS
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 26 IN RENWICK HEIGHTS, BEING A SUB OF PRT OF THE W1/2 OF THE SE1/4 OF SEC 15, T36N-R9E.

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880411

Geography

  • Parcel: 06-03-15-401-018
  • Lot: 26
  • Meridian: SEC 15 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.595
  • Longitude: -88.191

    Address

  • Full Address: 15824 S Collins Dr
  • Address - House Number: 15824
  • Street Direction: S
  • Address - Street Name: Collins
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R007
  • 4-Digit Zip Code: 3118
  • Zip Code: 60544

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $554,160
  • Tax Rate Code Area: 0602

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 282,666
  • High Value: 328,247
  • Low Value: 237,084

    Market Valuation

  • Market Total Value: $204,807
  • Market Land Value: $59,874
  • Market Improvement Value: $144,933

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,269
  • Assessed Land Value: $19,958
  • Assessed Improvements Value: $48,311

    Sales

  • Current Sale Contract Date: Jun 15, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021100018
  • Previous Sale Recording Date: Jul 09, 2019
  • Previous Sale Contract Date: Jun 26, 2019
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: 71

    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 Plainfield

Stats & Trends

Median Asking:

$514,900

Sale Price/ft²

$213

Above Asking

0.00%

Average Days on Market

51

Average Home Size

2686 ft²

Average Home Age

11.3 years

Currently For Sale

200 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 23927 Mcmullin Circle, Plainfield, IL, 60586

$2,900 /mo

  • 3 Beds
  • 3 Baths
  • 2,575 ft²
23927 Mcmullin Circle, Plainfield, IL, 60586 Listing by Lucia Demidetchi

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Daisy Grippo, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD12453038
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 15824 South Collins Drive built and last sold?
The property at 15824 South Collins Drive was built in 1957 and last sold on Jun 15, 2021 for $242,000.
How much is this home worth?
The estimated value of the home located at 15824 South Collins Drive is $0.
What are some comparable homes to 15824 South Collins Drive?
There are currently no comparable homes to 15824 South Collins Drive.
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