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Lockport 60491
16935 Lilac Lane
$369,900
● House - Off Market

16935 Lilac Lane

Lockport, IL 60441
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,010 Ft²
$776,128
RealtyHop Estimate
99.06%
Since Nov 1, 2008
National-US
Primary Model

About This Property

Creekside model for sale, move right in . Many upgrades already in model such as fireplace, a/c, landscaping, hardwood floors, and many more.  Price on Creekside model as shown $432,175 now $389,900 a savings of $39,227.** Savings for a limited time only, does not apply on homes to be built**
Unit Size
3,010 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$130
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005

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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

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,550
  • Garage Type: 1
  • Garage Square Area: 656
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 850
  • Total Building Area: 4,686
  • Building Area: 3,136
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,136
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARKSIDE ESTATES PHASE 1
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 25 IN PARKSIDE ESTATES SUB PHASE 1, BEING A SUB OF PRT OF THE NW1/4 OF SEC. 29, T36N-R11E.

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 881010

Geography

  • Subdivision Phase Number: 1
  • Parcel: 16-05-29-105-002
  • Lot: 25
  • Meridian: SEC 29 TWN 36N RNG 11E
  • Municipality: HOMER
  • Latitude: 41.5792
  • Longitude: -88.0054

    Address

  • Full Address: 16935 Lilac Ln
  • Address - House Number: 16935
  • Address - Street Name: Lilac
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Lockport
  • Carrier Code: R040
  • 4-Digit Zip Code: 4848
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,232,944
  • Tax Rate Code Area: 1649

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 513,726
  • High Value: 593,795
  • Low Value: 433,657

    Market Valuation

  • Market Total Value: $411,108
  • Market Land Value: $78,063
  • Market Improvement Value: $333,045

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $137,036
  • Assessed Land Value: $26,021
  • Assessed Improvements Value: $111,015

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 10, 2018
  • Current Sale Recording Date: Oct 18, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2018073893
  • Previous Sale Recording Date: Mar 19, 2018
  • Previous Sale Contract Date: Mar 12, 2018
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: UNK
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:

$380,000

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2063 ft²

Average Home Age

32.5 years

Currently For Sale

65 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 17419 Yakima Drive, Lockport, IL, 60441

$3,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,588 ft²
17419 Yakima Drive #17419, Lockport, IL, 60441 Listing by Samantha Ross

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Bruce La Ha, RE/MAX Team 2000
Data Source: MRED, MLS# MRD06907119
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 16935 Lilac Lane built and last sold?
The property at 16935 Lilac Lane was built in 2005 and last sold on Oct 10, 2018 for $338,500.
How much is this home worth?
The estimated value of the home located at 16935 Lilac Lane is $405,822.
What are some comparable homes to 16935 Lilac Lane?
There are currently no comparable homes to 16935 Lilac Lane.
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