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Plainfield 60586
16439 S Harmon Lane S
$70,000
● Land - Off Market

16439 S Harmon Lane S

Plainfield, IL 60586
bedrooms
Studio
bathrooms
0 Bath
$70,547
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Haven't found what you're looking for?  It's time to build your dream home in the highly desirable Springbank Community, featuring clubhouse, Aquatic Center, Parks, Walking Paths and Open Areas, all within the Highly Rated Plainfield Schools!. Plans available upon request for a 4,500 sq. ft. gorgeous, stunning home.  Drive by and call with any questions.
Unit Size
-
Days on Market
-
Land Size
0.27 acres
Price per sqft
-
Property Type
Land
Property Taxes
$38
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 #11731812)

Price History

Date / Event Date Event Price
Sep 13, 2023 Sold
Premium
Sold
Mar 6, 2023 Listed by Lohan Realty, Inc. $70,990
Listed by Lohan Realty, Inc.

Property Highlights

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: 11,967
  • 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: V
  • Subdivision: SPRINGBANK OF PLAINFIELD
  • Land Acres: 0000000270
  • Standard Land Use Code: 8001
  • County Land Use Code: 0030
  • Legal Description 1: LOT 184 IN SPRINGBANK OF PLAINFIELD UNIT 1, BEING A SUB OF PRT OF SEC 20 AND PRT OF THE NW1/4 OF SEC 29,T36N-R9E.

Neighborhood

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

Geography

  • Parcel: 06-03-20-303-013
  • Lot: 184
  • Meridian: SEC 20 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5828
  • Longitude: -88.2318

    Address

  • Full Address: 16439 S Harmon Ln
  • Legal Unit: 1
  • Address - House Number: 16439
  • Street Direction: S
  • Address - Street Name: Harmon
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R057
  • 4-Digit Zip Code: 7299
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $47,674
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 0602

    Market Valuation

  • Market Total Value: $17,619
  • Market Land Value: $17,619

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $5,873
  • Assessed Land Value: $5,873

    Sales

  • Current Sale Contract Date: Sep 06, 2023
  • Current Sale Recording Date: Sep 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 48297
  • Previous Sale Recording Date: Oct 13, 2016
  • Previous Sale Contract Date: Jul 22, 2016
  • Previous Sale Amount: $50,000
  • 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 Plainfield

Stats & Trends

Median Asking:

$514,990

Sale Price/ft²

$213

Above Asking

0.00%

Average Days on Market

51

Average Home Size

2578 ft²

Average Home Age

11.1 years

Currently For Sale

198 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

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MRED

Listed by: Liliana Lohan, Lohan Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11731812
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 16439 South Harmon Lane built and last sold?
The property at 16439 South Harmon Lane was built in and last sold on Sep 6, 2023 for $70,000.
How much is this home worth?
The estimated value of the home located at 16439 South Harmon Lane is $0.
What are some comparable homes to 16439 South Harmon Lane?
There are currently no comparable homes to 16439 South Harmon Lane.
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