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Fairmont 60441
2111 Fairview Avenue
$257,650
● House - Off Market

2111 Fairview Avenue

Lockport, IL 60441
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,000 Ft²
$1,347
Est. Monthly
11.89%
Cap Rate

About This Property

WOW!! COME TAKE A LOOK AT THIS BEAUTIFULLY REHABBED ONE STEP RANCH HOME WITH AN OPEN CONCEPT IN LOCKPORT. THIS HOME OFFERS TOP OF THE LINE FINISHES WITH 3 BEDROOMS AND 2 FULL BATHROOMS. THE ENTIRE HOUSE WAS REHABBED FROM TOP TO BOTTOM WITH PERMITS. NEW ELECTRICAL, NEW PLUMBING, NEW FURNACE, NEW AC, MODERN KITCHEN WITH QUARTS COUNTERTOPS AND STAINLESS STEEL APPLIANCES, LARGE BATHROOMS WITH ELEGANT PORCELIAN TILES, NEW ROOF, NEW SIDING AND NEW WINDOWS. COME TAKE A LOOK BEFORE ITS GONE. MINUTES FROM SCHOOLS AND PARKS.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$250
Property Type
House
Property Taxes
$120
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.

Property Highlights

Air Conditioning
Fireplace

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: 5,537
  • 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: STERN GARDENS
  • Land Acres: 0000000130
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 179 IN STERN GARDENS, BEING A SUB OF PRT OF THE SW1/4 OF SEC. 35, T36N-R10E.

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 880702

Geography

  • Parcel: 11-04-35-333-013
  • Lot: 179
  • Meridian: SEC 35 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5542
  • Longitude: -88.0606

    Address

  • Full Address: 2111 Fairview Ave
  • Address - House Number: 2111
  • Address - Street Name: Fairview
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lockport
  • Carrier Code: C017
  • 4-Digit Zip Code: 5315
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $125,696
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 1109

    Appraisal Valuation

  • Standard Deviation: 0.1183
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 87
  • Final Value: 69,932
  • High Value: 78,211
  • Low Value: 61,653

    Market Valuation

  • Market Total Value: $41,664
  • Market Land Value: $13,860
  • Market Improvement Value: $27,804

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $13,888
  • Assessed Land Value: $4,620
  • Assessed Improvements Value: $9,268

    Sales

  • Current Sale Contract Date: Nov 16, 2023
  • Current Sale Recording Date: Dec 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 62979
  • Previous Sale Recording Date: Dec 04, 2023
  • Previous Sale Contract Date: Nov 15, 2023
  • Previous Sale Amount: $18,000
  • 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 Fairmont

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$190

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1221 ft²

Average Home Age

64.5 years

Currently For Sale

4 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: Sebastian Kupiec, Wilk Real Estate
Data Source: MRED, MLS# MRD12330312
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 2111 Fairview Avenue built and last sold?
The property at 2111 Fairview Avenue was built in and last sold on Nov 16, 2023 for $60,000.
How much is this home worth?
The estimated value of the home located at 2111 Fairview Avenue is $0.
What are some comparable homes to 2111 Fairview Avenue?
There are currently no comparable homes to 2111 Fairview Avenue.
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