$225,000
●
Townhouse -
Off Market
16640 W Adobe Drive #16640
Lockport, IL 60441
2 Beds
2 Baths,
1
Half Bath
934 Ft²
$1,520
Est. Monthly
$17
HOA / Fees
9.37%
Cap Rate
About This Property
Beautiful ranch style townhome. Attractive open floor plan. Totally
updated in 2018/2019 with cathedral ceilings in LR/Kitchen.
Brand new kitchen cabinets with quartz countertop, backsplash
and SS appliances. Pergo flooring throughout. Two patio doors
leading to back yard with patio to enjoy the outdoors. Totally
updated bathrooms. Upgraded light fixtures. Freshly painted.
Super-low assessments. Nothing to do. Just enjoy! Washer and dryer
not included
Unit Size
934 Ft²
Days on Market
-
Land Size
-
Price per sqft
$252
Property Type
Townhouse
Property Taxes
$349
HOA Dues
$17
Year Built
2000
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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 #11970033)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2024 | Sold | ||
| Sold | |||
| Jan 29, 2024 | Listed by RE/MAX 10 in the Park | $235,000 | |
| Listed by RE/MAX 10 in the Park | |||
| May 14, 2023 | No longer available | - | |
| No longer available | |||
| Apr 11, 2023 | Listed by Remax 10 | $225,000 | |
| Listed by Remax 10 | |||
| | |||
|
Offer accepted. No more stairs!. Beautifull ranch style townhome. Attractive open floor plan. Totally updated in 2018/2019 with cathedral ceilings in LR/Kitchen. Brand new kitchen cabinets with quartz countertop, backsplash and SS appliances. Pergo flooring throughout. Two patio doors leading to back yard with patio to enjoy the outdoors. Totally updated bathrooms. Upgraded light fixtures. Freshly painted. Super-low assessments. Nothing to do. Just enjoy! Washer and dryer not included All pictures will be available Saturday Evening. The manager has listed the unit size as 934 square feet.
| |||
Property Highlights
Air Conditioning
Parking Details
Total Number of Parking: 1
Garage Spaces: 1
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 2
Bathrooms: 2
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Vaulted/Cathedral Ceilings, Wood Laminate Floors, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit
Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s)
Rooms: 4
Basement: None
Basement Description: None
Exterior Details
Ownership: Fee Simple
Exterior Building Type: Vinyl Siding
Age: 21-25 Years
Rehab Year: 2018
Rebuilt(Y/N): No
Parcel Number: 1605303020700000
Property Type: Residential
Year Built: 2000
Roof: Asphalt
No Disability Access
Special Conditions: None
Exterior Features: Patio
Lot Features: Fenced Yard
Lot Size Dimensions: 30X118
Water Source: Public
Financial Details
Tax Year: 2022
Tax Annual Amount: $4,185
Tax Exemptions: Homeowner
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: Homer
Corporate Limits: Lockport
Directions: Bruce to lakewood Dr. North to Adobe.
County or Parish: Will
Elementary School District: 33C
Middle Or Junior School District: 33C
High School District: 205
High School: Lockport Township High School
Other Details
Association Fee Includes: Other
Association Fee: $200
Association Fee Freq: Annually
Holds Earnest Money: Yes
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/29/2024
|
2 Bed
|
2 Bath
|
934 ft²
|
$235,000
2 Bed
2 Bath
934 ft²
|
$225,000
-4.26%
03/21/2024
|
Irena Soprych
RE/MAX 10 in the Park
| |
|
04/11/2023
|
2 Bed
|
1.5 Bath
|
934 ft²
|
$225,000
2 Bed
1.5 Bath
934 ft²
|
-
-
|
Irena Soprych
RE/MAX 10 in the Park
| |
|
06/26/2017
| |
2 Bed
|
2 Bath
|
934 ft²
|
$135,000
2 Bed
2 Bath
934 ft²
|
$130,000
-3.70%
09/12/2017
|
Vickie McClusky
Keller Williams Preferred Rlty
|
Building Info
About Lockport
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Listed by: Irena Soprych, RE/MAX 10 in the Park
Last Updated: 3 years ago
Data Source: MRED, MLS# 11970033
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11970033
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