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New Lenox 60451
2101 Cardinal Drive
$395,000
● House - Off Market

2101 Cardinal Drive

New Lenox, IL 60451
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
$2,761
Est. Monthly
4.34%
Cap Rate

About This Property

Super sharp & clean 2-story on a fenced, corner lot in popular Laraway Ridge of New Lenox! Main level features: Family room with fireplace, large Kitchen with table space, formal Dining room & a Living Room, as well as the Laundry room & access to the attached 2.5 car garage. Upstairs the Master bedroom is OVER-SIZED with sitting area, the 2nd bedroom has a walk-in closet, the Loft could easily be converted to a 3rd bedroom if needed. Tons of storage in the basement! Owner is moving out of state, the new home (being built) won't be done until September, so possession on this home will be approx October 1, 2025. We are looking to sell the home & keep the owner in the home until then.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$747
HOA Dues
-
Year Built
-

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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.

Property Highlights

Air Conditioning
Garage

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: 13,047
  • 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: LARAWAY RIDGE UNIT 2
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 39 IN LARAWAY RIDGE UNIT 2, A SUB OF PRT OF THE E1/2 NW1/4 IN SEC. 33 T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881112

Geography

  • Parcel: 15-08-33-106-025
  • Lot: 39
  • Meridian: SEC 33 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.4814
  • Longitude: -87.9753

    Address

  • Full Address: 2101 Cardinal Dr
  • Legal Unit: 2
  • Address - House Number: 2101
  • Address - Street Name: Cardinal
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: New Lenox
  • Carrier Code: R004
  • 4-Digit Zip Code: 8593
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $824,030
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.1482
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 385,122
  • High Value: 442,205
  • Low Value: 328,039

    Market Valuation

  • Market Total Value: $318,705
  • Market Land Value: $84,045
  • Market Improvement Value: $234,660

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $106,235
  • Assessed Land Value: $28,015
  • Assessed Improvements Value: $78,220

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 31, 2001
  • Current Sale Recording Date: Aug 15, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: R2001106594
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 New Lenox

Stats & Trends

Median Asking:

$439,000

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2162 ft²

Average Home Age

30 years

Currently For Sale

41 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: James Kroll, Century 21 Kroll Realty
Data Source: MRED, MLS# MRD12322969
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 2101 Cardinal Drive built and last sold?
The property at 2101 Cardinal Drive was built in and last sold on Jul 31, 2001 for $210,000.
How much is this home worth?
The estimated value of the home located at 2101 Cardinal Drive is $0.
What are some comparable homes to 2101 Cardinal Drive?
There are currently no comparable homes to 2101 Cardinal Drive.
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