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Will 60586
16331 S Dan Oconnell Drive
$340,000
● House - Off Market

16331 S Dan Oconnell Drive

Plainfield, IL 60586
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,412 Ft²
$341,628
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

AS THEY SAY,, LOCATION LOCATION,, 4 BEDROOM, TWO AND A HALF BATH MAKES THIS ONE OF THE BIGGEST RANCHES IN THE NEIGHBORHOOD,, 100X250 FULLY FENCED BACK YARD,, 30X40 OUTBUILDING, CONCRETE FLOOR, TWO 10 FOOT DOORS....MORE INFORMATION AND PHOTOS TO COME...
Unit Size
2,412 Ft²
Days on Market
-
Land Size
-
Price per sqft
$141
Property Type
House
Property Taxes
$650
HOA Dues
-
Year Built
1975

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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.

Last updated: 3 years ago (MRED MLS #11752081)

Price History

Date / Event Date Event Price
May 12, 2023 Sold
Premium
Sold
Apr 5, 2023 Listed by RE/MAX Ultimate Professionals $339,000
Listed by RE/MAX Ultimate Professionals

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 8
  • Basement Area: 2,412
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,460
  • Total Building Area: 2,412
  • Building Area: 2,412
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,412
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LILY CACHE ACRES
  • Land Acres: 0000000560
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 279 IN LILY CACHE ACRES UNIT 10, BEING A SUB OF PRT OF THE E1/2 OF THE SW1/4 OF SEC 22, T36N-R9E.

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880421

Geography

  • Parcel: 06-03-22-301-003
  • Lot: 279
  • Meridian: SEC 22 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5859
  • Longitude: -88.193

    Address

  • Full Address: 16331 S Dan Oconnell Dr
  • Legal Unit: 10
  • Address - House Number: 16331
  • Street Direction: S
  • Address - Street Name: Dan Oconnell
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R010
  • 4-Digit Zip Code: 9008
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $825,746
  • Tax Rate Code Area: 0604

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 411,118
  • High Value: 475,338
  • Low Value: 346,898

    Market Valuation

  • Market Total Value: $341,805
  • Market Land Value: $60,102
  • Market Improvement Value: $281,703

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $113,935
  • Assessed Land Value: $20,034
  • Assessed Improvements Value: $93,901

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 11, 2023
  • Current Sale Recording Date: May 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 24016
  • Previous Sale Recording Date: Jul 25, 2008
  • Previous Sale Contract Date: Mar 19, 2008
  • Previous Sale Amount: $188,148
  • Previous Sale Document Type: 64
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 Will

Stats & Trends

Median Asking:

$390,000

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2301 ft²

Average Home Age

33.6 years

Currently For Sale

1462 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 24164 Apple Creek Lane, Plainfield, IL, 60586

$3,600 /mo

  • 5 Beds
  • 3 Baths
  • 3,700 ft²
24164 Apple Creek Lane, Plainfield, IL, 60586 Listing by Lesa Meade
Unit for rent at 2301 Pebble Beach Drive, Plainfield, IL, 60586

$3,600 /mo

  • 4 Beds
  • 3 Baths
  • 2,328 ft²
2301 Pebble Beach Drive, Plainfield, IL, 60586 Listing by Loredana Pinzariu

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Steve Sweedler, RE/MAX Ultimate Professionals
Last Updated: 3 years ago
Data Source: MRED, MLS# 11752081
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 16331 South Dan O'connell Drive built and last sold?
The property at 16331 South Dan O'connell Drive was built in 1975 and last sold on May 11, 2023 for $340,000.
How much is this home worth?
The estimated value of the home located at 16331 South Dan O'connell Drive is $0.
What are some comparable homes to 16331 South Dan O'connell Drive?
There are currently no comparable homes to 16331 South Dan O'connell Drive.
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