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Frankfort 60423
21262 Georgetown Road
$415,000
● House - Off Market

21262 Georgetown Road

Frankfort, IL 60423
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,759 Ft²
$441,769
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Come view this beautifully designed 3 bed 3 bath located in the Georgetown subdivision . It was renovated in 2012 with many upgrades done to the major mechanicals in the home. This home is complete with 3 large bedrooms, 1 first floor office, 3 full baths and full finished basement. The eat in kitchen is built for a chef with granite counter tops, kitchen island, and top of the line stove and range. The master bedroom has a large bathroom with walk in closet, the massive open floor plan makes it easy to entertain guest in one space. This home sits on a massive lot with lots of space for additional improvements such as pool or play sets for those with children.
Unit Size
2,759 Ft²
Days on Market
-
Land Size
-
Price per sqft
$155
Property Type
House
Property Taxes
$748
HOA Dues
-
Year Built
1994

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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 #11267668)

Price History

Date / Event Date Event Price
Mar 2, 2022 Sold
Premium
Sold
Nov 10, 2021 Listed by Atlas Asset Management Realty LLC $429,000
Listed by Atlas Asset Management Realty LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 460
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,111
  • Total Building Area: 2,502
  • Building Area: 2,502
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 2,502
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GEORGETOWN
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 94 IN GEORGETOWM SUB., IN THE SE1/4 OF SEC. 24, T35N-R12E

Neighborhood

  • School District Name: Summit Hill School District 161
  • Census Tract: 883505

Geography

  • Parcel: 19-09-24-427-016
  • Lot: 94
  • Meridian: SEC 24 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.5028
  • Longitude: -87.7925

    Address

  • Full Address: 21262 Georgetown Rd
  • Address - House Number: 21262
  • Address - Street Name: Georgetown
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Frankfort
  • Carrier Code: R007
  • 4-Digit Zip Code: 3003
  • Zip Code: 60423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $971,760
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 1958

    Appraisal Valuation

  • Standard Deviation: 0.1473
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 430,699
  • High Value: 494,159
  • Low Value: 367,238

    Market Valuation

  • Market Total Value: $326,280
  • Market Land Value: $29,325
  • Market Improvement Value: $296,955

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $108,760
  • Assessed Land Value: $9,775
  • Assessed Improvements Value: $98,985

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 01, 2022
  • Current Sale Recording Date: Mar 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 24426
  • Previous Sale Recording Date: Jan 29, 2001
  • Previous Sale Contract Date: Aug 16, 2000
  • Previous Sale Amount: $260,000
  • 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 Frankfort

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

46

Average Home Size

3354 ft²

Average Home Age

24.9 years

Currently For Sale

58 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: Jasmine Baynes, Atlas Asset Management Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11267668
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 21262 Georgetown Road built and last sold?
The property at 21262 Georgetown Road was built in 1994 and last sold on Mar 1, 2022 for $415,000.
How much is this home worth?
The estimated value of the home located at 21262 Georgetown Road is $0.
What are some comparable homes to 21262 Georgetown Road?
There are currently no comparable homes to 21262 Georgetown Road.
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