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Will 60441
16730 W 146th Place
$205,301
● House - Off Market

16730 W 146th Place

Lockport, IL 60441
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,112 Ft²
$184,495
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Welcome to this charming ranch-style home nestled in the heart of Lockport. This delightful residence features 2 bedrooms and 1 bathroom. The large master bedroom provides ample space for a comfortable bed and additional furniture. The second bedroom is perfect for guests, a home office, or a cozy den. Its versatility allows you to adapt the space to suit your needs, whether you're working from home, hosting visitors, or creating a private sanctuary. Lots of natural light streaming through all of the windows, this home provides an inviting space for relaxation and entertainment. One of the standout features of this home is its large yard, it is a rare find and provides an opportunity to create your own personal outdoor retreat. Don't miss out on the chance to call this home! BEING SOLD AS-IS.
Unit Size
1,112 Ft²
Days on Market
-
Land Size
-
Price per sqft
$166
Property Type
House
Property Taxes
$124
HOA Dues
-
Year Built
1953

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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 #11810104)

Price History

Date / Event Date Event Price
Jul 20, 2023 Sold
Premium
Sold
Jun 16, 2023 Listed by @properties Christie's International Real Estate $185,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 403
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,111
  • Total Building Area: 1,112
  • Building Area: 1,112
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,112
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOURAY UNIT 2
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 58 IN FOURAY UNIT 2, BEING A SUB OF PRT OF THE S1/2 OF THE NW1/4 OF SEC 7, T36N-R11E.

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 881001

Geography

  • Parcel: 16-05-07-103-023
  • Lot: 58
  • Meridian: SEC 07 TWN 36N RNG 11E
  • Municipality: HOMER
  • Latitude: 41.6216
  • Longitude: -88.0257

    Address

  • Full Address: 16730 W 146th Pl
  • Legal Unit: 2
  • Address - House Number: 16730
  • Street Direction: W
  • Address - Street Name: 146th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Lockport
  • Carrier Code: C018
  • 4-Digit Zip Code: 2348
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $148,664
  • Tax Rate Code Area: 1611

    Appraisal Valuation

  • Standard Deviation: 0.0883
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 92
  • Final Value: 182,824
  • High Value: 198,980
  • Low Value: 166,668

    Market Valuation

  • Market Total Value: $164,796
  • Market Land Value: $40,752
  • Market Improvement Value: $124,044

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,932
  • Assessed Land Value: $13,584
  • Assessed Improvements Value: $41,348

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 18, 2023
  • Current Sale Recording Date: Jul 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 36637
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:

$389,990

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2352 ft²

Average Home Age

33.6 years

Currently For Sale

1494 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: Roslyn Parayo, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11810104
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 16730 West 146th Place built and last sold?
The property at 16730 West 146th Place was built in 1953 and last sold on Jul 18, 2023 for $205,301.
How much is this home worth?
The estimated value of the home located at 16730 West 146th Place is $0.
What are some comparable homes to 16730 West 146th Place?
There are currently no comparable homes to 16730 West 146th Place.
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