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Lockport 60441
16621 W Adobe Drive
Photo of 16621 W Adobe Drive

20

Map

Photo of 16621 W Adobe Drive
Photo of 16621 W Adobe Drive
$328,900
↓ $1K (0.3%)
● House - For Sale

16621 W Adobe Drive

Lockport, IL 60441
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,381 Ft²
$2,254
Est. Monthly
$200
HOA / Fees

About This Property

Come see this beautiful newer (2001) Townhome with 3 BR's and 2.5 Bths. LR, DR, and Kitchen on first level. Br's on 2nd level. Full master BR Bth. All appliances stay.  Kitchen has granite counter tops. BR's are of good size and closets too (Master with walk-in). Laundry on 2nd floor. Then patios doors that lead to ample size back yard, patio, and fenced.  Close to Schools, highways, and retail. Garage equipped with EV ready 220 socket in garage.    This townhome has a huge back yard. Great for family or pets.    Seller willing to help with a credit for Painting/Buy down rate
Unit Size
1,381 Ft²
Days on Market
-
Land Size
-
Price per sqft
$238
Property Type
House
Property Taxes
$438
HOA Dues
$200
Year Built
2001

Listed By

Jose Herrera
[email protected]
Homesmart Connect LLC

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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
Parking Details
Has Garage
Has Open Parking
Parking Features: Asphalt, Garage Door Opener, Garage, Attached, Driveway, Yes, Owned
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Microwave, Dishwasher, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Door Features: Sliding Doors
Laundry Features: In Unit
Rooms: 6
Basement: None
Exterior Details
Square Footage: 1381
Square Footage Source: $0
Year Built: 2001
Window Features: Aluminum Frames
Construction Materials: Vinyl Siding
Lot Size Dimensions: 26 x 138 x 741 x 150
Water Source: Public
Financial Details
Tax Annual Amount: $5,260
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Scavenger, Other
HOA/Condo/Coop Amenities: Ceiling Fan, Fencing, Patio, Private Laundry Hkup
HOA Fee: $200
HOA Fee Frequency: Monthly

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 215
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,494
  • Total Building Area: 1,381
  • Building Area: 1,381
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,381
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD AT BROKEN ARROW
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: UNIT 2 LOT 24 IN LAKEWOOD AT BROKEN ARROW, A RESUB OF LOTS 7 8 IN BROKEN ARROW, A SUB OF PRT OF THE SW1/4 OF SEC. 30 T36N-R1

Neighborhood

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

Geography

  • Parcel: 16-05-30-304-247
  • Lot: 24
  • Meridian: SEC 30 TWN 36N RNG 11E
  • Municipality: HOMER
  • Latitude: 41.5697
  • Longitude: -88.0204

    Address

  • Full Address: 16621 W Adobe Dr
  • Legal Unit: 2
  • Address - House Number: 16621
  • Street Direction: W
  • Address - Street Name: Adobe
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lockport
  • Carrier Code: R018
  • 4-Digit Zip Code: 6239
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $485,582
  • Tax Rate Code Area: 1626

    Appraisal Valuation

  • Standard Deviation: 0.1547
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 236,829
  • High Value: 273,481
  • Low Value: 200,176

    Market Valuation

  • Market Total Value: $172,821
  • Market Land Value: $30,567
  • Market Improvement Value: $142,254

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,607
  • Assessed Land Value: $10,189
  • Assessed Improvements Value: $47,418

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 11, 2020
  • Current Sale Recording Date: May 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021050542
  • Previous Sale Recording Date: Sep 19, 2014
  • Previous Sale Contract Date: Aug 29, 2014
  • Previous Sale Amount: $152,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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:

$379,990

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1959 ft²

Average Home Age

28.9 years

Currently For Sale

66 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 1326 E 159th St 1326 Street, Lockport, IL, 60441

$1,750 /mo

  • 2 Beds
  • 2 Baths
  • 900 ft²
1326 E 159th St 1326 Street #3E, Lockport, IL, 60441 Listing by Katarzyna Szram
Unit for rent at 17660 S Alta Drive, Lockport, IL, 60441

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,393 ft²
17660 S Alta Drive, Lockport, IL, 60441 Listing by Margaret Wilk

Rentals Near You

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MRED

Listed by: Jose Herrera, Northlake Realtors
Data Source: MRED, MLS# MRD12719959
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 16621 West Adobe Drive built and last sold?
The property at 16621 West Adobe Drive was built in 2001 and last sold on Dec 11, 2020 for $195,000.
How much is this home worth?
The estimated value of the home located at 16621 West Adobe Drive is $320,202.
What are some comparable homes to 16621 West Adobe Drive?
There are currently no comparable homes to 16621 West Adobe Drive.
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