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Lockport 60441
16043 Tiger Drive
$265,000
● House - Off Market

16043 Tiger Drive

Lockport, IL 60441
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,242 Ft²
$2,002
Est. Monthly
$95
HOA / Fees

About This Property

Rare find! 2-story townhome under $275,000 in Lockport!  Move-in ready and loaded with updates including brand new carpet in bedrooms, new furnace and A/C (2025), water softener, and refrigerator in 2025! Features a 2-story foyer, hardwood laminate flooring, and kitchen with 42" oak cabinets. All appliances stay! Spacious master with WIC. Water softener in garage. Convenient 2nd-floor laundry. Attic with pull-down stairs in the garage for additional storage. Private patio for relaxing or entertaining!  Brand NEW vertical blinds !Excellent location and truly the best buy in Lockport! Walk to Broken arrow golf course and schools! SOLD as-is! Close to highways and train.  HOA is $95 month and includes snow removal, lawn care and roof.
Unit Size
1,242 Ft²
Days on Market
-
Land Size
-
Price per sqft
$221
Property Type
House
Property Taxes
$557
HOA Dues
$95
Year Built
2000

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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

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 35
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 405
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,033
  • Total Building Area: 1,242
  • Building Area: 1,242
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,242
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARROWHEAD SOUTH TOWNHOMES UNIT 2
  • Land Acres: 0000000217
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: THE E 26.41 FT OF THE W 82.75 FT OF THT PRT OF LOT 38 BOUNDED AND DAF: COMM AT THE NW COR OF SD LOT 38; THC S 00 DEG 02'14

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 881009

Geography

  • Parcel: 16-05-30-411-029
  • Lot: 38
  • Municipality: HOMER
  • Latitude: 41.5695
  • Longitude: -88.0085

    Address

  • Full Address: 16043 Tiger Dr
  • Address - House Number: 16043
  • Address - Street Name: Tiger
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lockport
  • Carrier Code: R048
  • 4-Digit Zip Code: 4647
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $481,732
  • Tax Rate Code Area: 1626

    Appraisal Valuation

  • Standard Deviation: 0.173
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 246,746
  • High Value: 289,447
  • Low Value: 204,045

    Market Valuation

  • Market Total Value: $171,594
  • Market Land Value: $30,567
  • Market Improvement Value: $141,027

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,198
  • Assessed Land Value: $10,189
  • Assessed Improvements Value: $47,009

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 08, 2005
  • Current Sale Recording Date: Nov 16, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2005201386
  • Previous Sale Recording Date: Sep 06, 2000
  • Previous Sale Contract Date: Jul 10, 2000
  • Previous Sale Amount: $116,000
  • 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 Lockport

Stats & Trends

Median Asking:

$380,000

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2139 ft²

Average Home Age

31.4 years

Currently For Sale

73 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 1319 Highland Avenue, Lockport, IL, 60441

$1,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,276 ft²
1319 Highland Avenue, Lockport, IL, 60441 Listing by Richard Pan
Unit for rent at 1314 Argo Lane, Lockport, IL, 60441

$1,700 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
1314 Argo Lane #2, Lockport, IL, 60441 Listing by Sarah Toso

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Victoria Dillon, RE/MAX Ultimate Professionals
Data Source: MRED, MLS# MRD12504389
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 16043 Tiger Drive built and last sold?
The property at 16043 Tiger Drive was built in 2000 and last sold on Nov 8, 2005 for $167,000.
How much is this home worth?
The estimated value of the home located at 16043 Tiger Drive is $0.
What are some comparable homes to 16043 Tiger Drive?
There are currently no comparable homes to 16043 Tiger Drive.
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