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Lockport 60441
16759 W Sioux Drive
$353,000
● House - Off Market

16759 W Sioux Drive

Lockport, IL 60441
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$2,398
Est. Monthly
6.59%
Cap Rate

About This Property

Well maintained 3 bedroom 2 bath Quad (Split-level with a basement) ready to become your NEW HOME. Cathedral ceiling as you entry with open floor plan from living room to the dining room. Kitchen appliances all stay, Single back door to the deck and yard, 3 bedrooms up with shared master bath and walk in closet, lower level has a huge familyroom with fireplace, plus lower basement level with another finished room (library) with built in bookcases. Furnace room has plenty of storage also. Furnace, central air and water heater all 2019.  Great schools, close to shopping, restaurants and highways. Neighborhood is quiet and my seller said the neighbors are wonderful. Don't miss out on this one!
Unit Size
1,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$219
Property Type
House
Property Taxes
$679
HOA Dues
-
Year Built
1994

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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 #12067254)

Price History

Date / Event Date Event Price
Jul 1, 2024 Sold
Premium
Sold
Jun 5, 2024 Listed by Coldwell Banker Real Estate Group $349,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,308
  • Garage Type: 7
  • Garage Square Area: 511
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,951
  • Total Building Area: 2,679
  • Building Area: 1,371
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,371
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARROWHEAD OF BROKEN ARROW
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 278 IN ARROWHEAD OF BROKEN ARROW, A RE-SUB OF LOTS 9, 11 PRT OF LOT 14 IN BROKEN ARROW, A SUB OF PRT OF THE SW1/4 OF SEC

Neighborhood

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

Geography

  • Parcel: 16-05-30-308-004
  • Lot: 278
  • Meridian: SEC 30 TWN 36N RNG 11E
  • Municipality: HOMER
  • Latitude: 41.5716
  • Longitude: -88.0232

    Address

  • Full Address: 16759 W Sioux Dr
  • Address - House Number: 16759
  • Street Direction: W
  • Address - Street Name: Sioux
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lockport
  • Carrier Code: R018
  • 4-Digit Zip Code: 4264
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $818,516
  • Tax Rate Code Area: 1626

    Appraisal Valuation

  • Standard Deviation: 0.145
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 357,005
  • High Value: 408,802
  • Low Value: 305,207

    Market Valuation

  • Market Total Value: $278,973
  • Market Land Value: $61,125
  • Market Improvement Value: $217,848

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $92,991
  • Assessed Land Value: $20,375
  • Assessed Improvements Value: $72,616

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 20, 2016
  • Current Sale Recording Date: Sep 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2016077884
  • Previous Sale Recording Date: Sep 12, 2001
  • Previous Sale Contract Date: Sep 07, 2001
  • Previous Sale Amount: $193,000
  • 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:

$379,995

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2103 ft²

Average Home Age

32.4 years

Currently For Sale

76 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: Margaret Apgar, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 12067254
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 16759 West Sioux Drive built and last sold?
The property at 16759 West Sioux Drive was built in 1994 and last sold on Sep 20, 2016 for $252,000.
How much is this home worth?
The estimated value of the home located at 16759 West Sioux Drive is $353,555.
What are some comparable homes to 16759 West Sioux Drive?
There are currently no comparable homes to 16759 West Sioux Drive.
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