$349,000
↓ $21K (5.7%)
●
House -
For Sale
16216 W Switch Grass Road
Lockport, IL 60441
2 Beds
2 Baths,
1
Half Bath
1,480 Ft²
$2,644
Est. Monthly
$290
HOA / Fees
About This Property
BETTER THAN NEW CONSTRUCTION!! This fully updated, move-in-ready
2-bedroom, 2.5-bath townhome in Lockport's sought-after Sagebrook
community offers approximately 1,480 square feet of beautifully
finished living space-with all the extras already completed for
you. The bright, open-concept layout feels modern, spacious, and
truly turnkey, while thoughtful upgrades throughout set this home
apart from a typical new build. Custom window treatments are
already installed, and extensive landscaping has transformed the
exterior into something truly special. Step outside to your own
backyard oasis featuring serene relaxation space, river rock
accents, and a thoughtfully finished outdoor retreat perfect for
relaxing or entertaining. No waiting for grass to grow, landscaping
to mature, or spending thousands after closing to finish what new
construction leaves behind-it's all here and ready to enjoy. This
is the opportunity to enjoy the look and feel of new construction
with the upgrades, landscaping, and finishing touches already done.
Simply move in and enjoy!
Unit Size
1,480 Ft²
Days on Market
-
Land Size
-
Price per sqft
$236
Property Type
House
Property Taxes
$640
HOA Dues
$290
Year Built
-
Listed By
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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.
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Asphalt, Garage Door Opener, Garage, Attached, Yes
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Water Softener
Laundry Features: Upper Level, In Unit, Laundry Closet
Rooms: 5
Basement: None
Exterior Details
Square Footage: 1480
Square Footage Source: $0
Year Built: 2017
Other Structures: Pergola
Window Features: Screens, Window Treatments
Construction Materials: Vinyl Siding
Patio and Porch Features: Patio
Lot Size Dimensions: 24X52.6
Water Source: Public
Financial Details
Tax Annual Amount: $7,677
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Snow Removal, Exterior Maintenance
HOA/Condo/Coop Amenities: None
HOA Fee: $290
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Lockport
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Anthony Erangey, Baird & Warner
Data Source: MRED, MLS# MRD12771275
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.
Data Source: MRED, MLS# MRD12771275
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