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Mokena 60448
Undisclosed Address
Photo of 18916 Parkway Lane
Sold on Jul 20, 2026

25

Map

Photo of 18916 Parkway Lane
Photo of 18916 Parkway Lane
$449,000
● House - Off Market

Undisclosed Address

Mokena, IL 60448
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,251 Ft²
$3,093
Est. Monthly
Unit Size
2,251 Ft²
Days on Market
-
Land Size
-
Price per sqft
$199
Property Type
House
Property Taxes
$888
HOA Dues
-
Year Built
1989

Payment Calculator

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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

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 39
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 506
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 14,498
  • Total Building Area: 1,628
  • Building Area: 1,628
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 1,628
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CREEKVIEW
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 124 IN CREEKVIEW UNIT 3, BEING A SUB OF PRT OF THE SW1/4 OF THE SE1/4 OF SEC. 6, T35N-R12E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 883519

Geography

  • Parcel: 19-09-06-408-024
  • Lot: 124
  • Meridian: SEC 06 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.5447
  • Longitude: -87.898

    Address

  • Full Address: 18916 Parkway Ln
  • Legal Unit: 3
  • Address - House Number: 18916
  • Address - Street Name: Parkway
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Mokena
  • Carrier Code: R032
  • 4-Digit Zip Code: 9101
  • Zip Code: 60448

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $908,410
  • Tax Rate Code Area: 1910

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 403,050
  • High Value: 460,270
  • Low Value: 345,830

    Market Valuation

  • Market Total Value: $368,334
  • Market Land Value: $62,988
  • Market Improvement Value: $305,346

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $122,778
  • Assessed Land Value: $20,996
  • Assessed Improvements Value: $101,782

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Mokena

Stats & Trends

Median Asking:

$467,000

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

45

Average Home Size

3143 ft²

Average Home Age

25.8 years

Currently For Sale

46 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 10604 Alice Mae Court, Orland Park, IL, 60462

$3,300 /mo

  • 3 Beds
  • 3 Baths
  • 2,200 ft²
10604 Alice Mae Court, Orland Park, IL, 60462 Listing by Adam Ballog
Unit for rent at 11212 1st Street, Mokena, IL, 60448

$1,575 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
11212 1st Street #4, Mokena, IL, 60448 Listing by Gino Picciola

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: James Murphy, Murphy Real Estate Group
Data Source: MRED, MLS# MRD12573655
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 18916 Parkway Lane built and last sold?
The property at 18916 Parkway Lane was built in 1989 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 18916 Parkway Lane is $455,142.
What are some comparable homes to 18916 Parkway Lane?
There are currently no comparable homes to 18916 Parkway Lane.
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