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Homer Glen 60448
18635 S Pineprairie Drive
$180,000
● Land - Off Market

18635 S Pineprairie Drive

Mokena, IL 60448
bedrooms
Studio
bathrooms
0 Bath
$1,134
Est. Monthly
4.50%
Cap Rate

About This Property

Sold before print
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$250
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11987377)

Price History

Date / Event Date Event Price
Mar 1, 2024 Sold
Premium
Sold
Feb 22, 2024 Listed by Century 21 Pride Realty $180,000
Listed by Century 21 Pride Realty

Property Highlights

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: 52,272
  • 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: V
  • Subdivision: HUNT CLUB MEADOWS
  • Land Acres: 0000001200
  • Standard Land Use Code: 8001
  • County Land Use Code: 0030
  • Legal Description 1: LOT 24 IN HUNT CLUB MEADOWS, BEING A SUB OF PRT OF THE E1/2 OF THE NE1/4 OF SEC 2, T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881105

Geography

  • Parcel: 15-08-02-207-021
  • Lot: 24
  • Meridian: SEC 02 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5505
  • Longitude: -87.9295

    Address

  • Full Address: 18635 S Pineprairie Dr
  • Address - House Number: 18635
  • Street Direction: S
  • Address - Street Name: Pineprairie
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mokena
  • Carrier Code: R042
  • 4-Digit Zip Code: 8429
  • Zip Code: 60448

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $299,610
  • Tax Rate Code Area: 1559

    Market Valuation

  • Market Total Value: $106,068
  • Market Land Value: $106,068

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,356
  • Assessed Land Value: $35,356

    Sales

  • Current Sale Contract Date: Feb 27, 2024
  • Current Sale Recording Date: Mar 05, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10647
  • Previous Sale Recording Date: Oct 18, 2018
  • Previous Sale Contract Date: Sep 14, 2018
  • Previous Sale Amount: $42,333
  • Previous Sale Document Type: 71
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 Homer Glen

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

43

Average Home Size

4003 ft²

Average Home Age

27.6 years

Currently For Sale

44 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: Linsey Scanlan, Century 21 Pride Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11987377
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 18635 South Pineprairie Drive built and last sold?
The property at 18635 South Pineprairie Drive was built in and last sold on Feb 27, 2024 for $360,000.
How much is this home worth?
The estimated value of the home located at 18635 South Pineprairie Drive is $0.
What are some comparable homes to 18635 South Pineprairie Drive?
There are currently no comparable homes to 18635 South Pineprairie Drive.
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