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Will 60451
1800 Wallington Drive
$450,000
● House - Off Market

1800 Wallington Drive

New Lenox, IL 60451
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,600 Ft²
$450,157
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Custom design & privacy are the hallmarks of this modern corner-lot Victorian, situated on nearly an acre of land. With 4 bedrooms on the 2nd level, the master bedroom presents a large walk-in closet & a full baster bath with a whirlpool tub. Featuring all stainless steel appliances, the kitchen offers plenty of cabinetry & a dedicated eat-in space. Also on the main level is the formal dining room, family room, mud room, & living room with French doors. Large in size, the unfinished basement is perfect for additional storage needs. Lincoln-Way schools & close to I-80/355. NEW: roof, water softener, windows. Updates throughout! Book a showing, today!
Unit Size
2,600 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$169
Property Type
House
Property Taxes
$869
HOA Dues
-
Year Built
-

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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 #11404446)

Price History

Date / Event Date Event Price
Jul 11, 2022 Sold
Premium
Sold
May 14, 2022 Listed by Century 21 Pride Realty $440,000
Listed by Century 21 Pride Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,507
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHESSINGTON GROVE WEST
  • Land Acres: 0000000930
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 36 IN CHESSINGTON GROVE WEST, BEING A SUB OF PRT OF THE SE1/4 OF SEC. 35, T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881113

Geography

  • Parcel: 15-08-35-478-011
  • Lot: 36
  • Meridian: SEC 35 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.4699
  • Longitude: -87.9291

    Address

  • Full Address: 1800 Wallington Dr
  • Address - House Number: 1800
  • Address - Street Name: Wallington
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: New Lenox
  • Carrier Code: R003
  • 4-Digit Zip Code: 2886
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $564,492
  • Tax Rate Code Area: 1520

    Appraisal Valuation

  • Standard Deviation: 0.1466
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 493,558
  • High Value: 565,940
  • Low Value: 421,176

    Market Valuation

  • Market Total Value: $424,050
  • Market Land Value: $90,051
  • Market Improvement Value: $333,999

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $141,350
  • Assessed Land Value: $30,017
  • Assessed Improvements Value: $111,333

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2022
  • Current Sale Recording Date: Jul 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 53912
  • Previous Sale Recording Date: Oct 31, 2012
  • Previous Sale Contract Date: Oct 24, 2012
  • Previous Sale Amount: $272,250
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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:

$389,900

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2350 ft²

Average Home Age

32.5 years

Currently For Sale

1538 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: Victoria Kroll, Century 21 Pride Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11404446
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 1800 Wallington Drive built and last sold?
The property at 1800 Wallington Drive was built in and last sold on Jun 30, 2022 for $450,000.
How much is this home worth?
The estimated value of the home located at 1800 Wallington Drive is $448,750.
What are some comparable homes to 1800 Wallington Drive?
There are currently no comparable homes to 1800 Wallington Drive.
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