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New Lenox 60451
1610 Argyle Lane
$245,000
● House - Off Market

1610 Argyle Lane

New Lenox, IL 60451
bedrooms
3 Beds
bathrooms
2 Baths
$317,987
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Cozy gem of a home on quiet street of New Lenox.  3 BDRM, 2 BA home only lived in by seller for 2 years.  New in last year: carpet, whole house painted, flooring, new white doors and trim upstairs, new kitchen cabinets, new counter tops, new lighting.  New roof in 2017.  Wood burning fireplace welcomes you into the living room.  Additional good size family room in lower level.  Backyard is private with multi tier deck and above ground pool.   LW schools and park district.
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$467
HOA Dues
-
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 #10860779)

Price History

Date / Event Date Event Price
Nov 20, 2020 Sold
Premium
Sold
Sep 17, 2020 Listed by CRIS REALTY $239,900
Listed by CRIS REALTY

Property Highlights

Garage
Air Conditioning
Fireplace

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: 7,912
  • 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: UNIT #2 JACKSON HEIGHTS
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 42 IN JACKSON HEIGHTS UNIT 2, BEING A SUB OF PRT OF THE E1/2 OF THE NW1/4 OF SEC. 32, T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881109

Geography

  • Parcel: 15-08-32-107-003
  • Lot: 42
  • Meridian: SEC 32 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.4796
  • Longitude: -87.997

    Address

  • Full Address: 1610 Argyle Ln
  • Legal Unit: 2
  • Address - House Number: 1610
  • Address - Street Name: Argyle
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: New Lenox
  • Carrier Code: R007
  • 4-Digit Zip Code: 2502
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $611,626
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.1504
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 307,249
  • High Value: 353,468
  • Low Value: 261,030

    Market Valuation

  • Market Total Value: $239,061
  • Market Land Value: $72,039
  • Market Improvement Value: $167,022

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,687
  • Assessed Land Value: $24,013
  • Assessed Improvements Value: $55,674

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Jan 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021005035
  • Previous Sale Recording Date: Jul 30, 2018
  • Previous Sale Contract Date: Jul 24, 2018
  • Previous Sale Amount: $216,500
  • 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 New Lenox

Stats & Trends

Median Asking:

$439,450

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2282 ft²

Average Home Age

29.8 years

Currently For Sale

45 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 1713 Nelson Road, New Lenox, IL, 60451

$1,650 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
1713 Nelson Road #10, New Lenox, IL, 60451 Listing by David Faxel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mary Suppes, CRIS REALTY
Last Updated: 3 years ago
Data Source: MRED, MLS# 10860779
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 1610 Argyle Lane built and last sold?
The property at 1610 Argyle Lane was built in and last sold on Nov 24, 2020 for $245,000.
How much is this home worth?
The estimated value of the home located at 1610 Argyle Lane is $0.
What are some comparable homes to 1610 Argyle Lane?
There are currently no comparable homes to 1610 Argyle Lane.
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