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Will 60544
21315 W Edison Lane
$245,000
● House - Off Market

21315 W Edison Lane

Plainfield, IL 60544
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
934 Ft²
$1,730
Est. Monthly
$76
HOA / Fees
8.20%
Cap Rate

About This Property

LISTED FOR SALE ONLY, NOT LISTED FOR RENT. Nothing to do but move right in! This ranch style 1/2 duplex in Lakewood Falls subdivision has been completely refreshed and is move in ready. Freshly painted throughout. Brand new roof just installed. Soaring ceilings in the living room and dining room. Newer carpeting in all living areas. Plenty of kitchen cabinet space, new countertops and white appliances in the kitchen. In-unit laundry room. Other great amenities include 1 car attached garage and a large fenced yard. If you are tired of stairs-this is the one for you.
Unit Size
934 Ft²
Days on Market
-
Land Size
-
Price per sqft
$262
Property Type
House
Property Taxes
$451
HOA Dues
$76
Year Built
1998

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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

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 200
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,110
  • Total Building Area: 1,134
  • Building Area: 934
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 934
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD FALLS UNIT 4 POD 5
  • Land Acres: 0000000090
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: THT PRT OF LOT 412 IN LAKEWOOD FALLS UNIT 4 POD 5, A SUB PRT OF THE SW1/4 OF SEC. 6 T36N-R10E. DAF: BEG AT THE MOST N'LY COR

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 880503

Geography

  • Parcel: 11-04-06-331-070
  • Lot: 412
  • Meridian: SEC 06 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.6295
  • Longitude: -88.1382

    Address

  • Full Address: 21315 W Edison Ln
  • Legal Unit: 4
  • Address - House Number: 21315
  • Street Direction: W
  • Address - Street Name: Edison
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R012
  • 4-Digit Zip Code: 6076
  • Zip Code: 60544

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $499,036
  • Tax Rate Code Area: 1118

    Appraisal Valuation

  • Standard Deviation: 0.223
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 69
  • Final Value: 184,621
  • High Value: 225,798
  • Low Value: 143,445

    Market Valuation

  • Market Total Value: $150,696
  • Market Land Value: $55,710
  • Market Improvement Value: $94,986

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,232
  • Assessed Land Value: $18,570
  • Assessed Improvements Value: $31,662

    Sales

  • Current Sale Contract Date: Mar 23, 2017
  • Current Sale Recording Date: Apr 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: R2017033305
  • Previous Sale Recording Date: Aug 30, 2006
  • Previous Sale Contract Date: Aug 22, 2006
  • Previous Sale Amount: $145,500
  • 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 Will

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2364 ft²

Average Home Age

33.3 years

Currently For Sale

1558 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 14238 Newberg Court, Plainfield, IL, 60544

$2,199 /mo

  • 3 Beds
  • 2 Baths
  • 1,668 ft²
14238 Newberg Court, Plainfield, IL, 60544 Listing by Srinivas Ravula
Unit for rent at 14005 Danbury Drive, Plainfield, IL, 60544

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,192 ft²
14005 Danbury Drive, Plainfield, IL, 60544 Listing by Tammy Rodrigues

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Edward Lukasik, RE/MAX Professionals
Data Source: MRED, MLS# MRD12361459
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 21315 West Edison Lane built and last sold?
The property at 21315 West Edison Lane was built in 1998 and last sold on Mar 23, 2017 for $120,000.
How much is this home worth?
The estimated value of the home located at 21315 West Edison Lane is $0.
What are some comparable homes to 21315 West Edison Lane?
There are currently no comparable homes to 21315 West Edison Lane.
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