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Lockport 60441
17421 Tanglewood
$188,000
● House - Off Market

17421 Tanglewood

LOCKPORT, IL 60441
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$295,205
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Bright, open 3 bedroom, 2 bath tri-level townhome in Arrowhead South! Large foyer leads to bright vaulted living room with gas fireplace. Deck off of dining room leads to open backyard view, perfect for entertaining! Spacious master bedroom features double closets. Finished lookout lower level features family room, bedroom and bath. Freshly painted! Homer school district with easy access to I355 & I80.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$108
Property Type
House
Property Taxes
$517
HOA Dues
$90
Year Built
1999

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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
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • 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: 622
  • Garage Type: 7
  • Garage Square Area: 425
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,704
  • Total Building Area: 1,808
  • Building Area: 1,186
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,186
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARROWHEAD SOUTH TOWNSHOMES UNIT 1
  • Land Acres: 0000000040
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: TRACT #5 THE S'LY 26.33 FT OF THE N'LY 107.50 FT OF THT PRT OF LOT 21 BOUNDED AND DESCRIBED AS FOLLOWS: COMM AT THE NE COR OF

Neighborhood

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

Geography

  • Subdivision Tract Number: 5
  • Parcel: 16-05-30-412-012
  • Lot: 21
  • Municipality: HOMER
  • Latitude: 41.5705
  • Longitude: -88.0081

    Address

  • Full Address: 17421 Tanglewood
  • Address - House Number: 17421
  • Address - Street Name: Tanglewood
  • State: IL
  • City Name: Lockport
  • Carrier Code: R048
  • 4-Digit Zip Code: 4664
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $640,202
  • Tax Rate Code Area: 1626

    Appraisal Valuation

  • Standard Deviation: 0.2052
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 72
  • Final Value: 256,884
  • High Value: 309,620
  • Low Value: 204,148

    Market Valuation

  • Market Total Value: $222,120
  • Market Land Value: $30,567
  • Market Improvement Value: $191,553

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,040
  • Assessed Land Value: $10,189
  • Assessed Improvements Value: $63,851

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 07, 2018
  • Current Sale Recording Date: Oct 11, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2018071790
  • Previous Sale Recording Date: Sep 11, 2002
  • Previous Sale Contract Date: Aug 30, 2002
  • 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:

$383,170

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2051 ft²

Average Home Age

30.7 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 1319 Highland Avenue, Lockport, IL, 60441

$1,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,276 ft²
1319 Highland Avenue, Lockport, IL, 60441 Listing by Richard Pan
Unit for rent at 1314 Argo Lane, Lockport, IL, 60441

$1,700 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
1314 Argo Lane #2, Lockport, IL, 60441 Listing by Sarah Toso

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kimberly Litke, Baird & Warner
Data Source: MRED, MLS# MRD10003976
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 17421 Tanglewood Lane built and last sold?
The property at 17421 Tanglewood Lane was built in 1999 and last sold on Oct 7, 2018 for $188,000.
How much is this home worth?
The estimated value of the home located at 17421 Tanglewood Lane is $207,466.
What are some comparable homes to 17421 Tanglewood Lane?
There are currently no comparable homes to 17421 Tanglewood Lane.
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