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Minooka 60447
215 Shabbona Drive
$260,000
● House - Off Market

215 Shabbona Drive

Minooka, IL 60447
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,086 Ft²
$1,620
Est. Monthly
10.30%
Cap Rate

About This Property

Well built tri-level home close to MCHS and downtown Minooka.  Three bedrooms & full bath upstairs. Living room dining room combo. Eat-in Kitchen with stove & refrigerator & pantry, backdoor to fully fenced outdoor oasis lots of space and plants and concrete patio.  Lower level has family room, half bath and laundry.  Walk to downtown Minooka for festivals, restaurants and shopping.  Minooka schools.  Great Opportunity.  Roof, Siding and windows less than 10 years old.  Make your appt today. Being sold as-is
Unit Size
1,086 Ft²
Days on Market
-
Land Size
-
Price per sqft
$239
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1976

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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.

Last updated: 3 years ago (MRED MLS #12149566)

Price History

Date / Event Date Event Price
Oct 15, 2024 Sold
Premium
Sold
Sep 1, 2024 In contract -
In contract
Aug 28, 2024 Listed by Spring Realty $260,000
Listed by Spring Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • 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: 11,761
  • Total Building Area: 1,086
  • Gross Building Area: 1,086
  • Building Area: 1,086
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,590
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AUX SABLE ACRES
  • Land Acres: 0000000270
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: AUX SABLE ACRES UNIT 3 LT 58 SEC 1-34-8

Neighborhood

  • School District Name: Minooka Community High School District 111
  • Census Tract: 000102

Geography

  • District: 01
  • Parcel: 03-01-451-008
  • Lot: 58
  • Meridian: SEC 01 TWN 34N RNG 08W
  • Municipality: AUX SABLE TOWNSHIP
  • Latitude: 41.451
  • Longitude: -88.2608

    Address

  • Full Address: 215 Shabbona Dr
  • Legal Unit: 3
  • Address - House Number: 215
  • Address - Street Name: Shabbona
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Minooka
  • Carrier Code: R004
  • 4-Digit Zip Code: 9102
  • Zip Code: 60447

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $499,973
  • Tax Rate Code Area: 1002

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 75
  • Final Value: 237,073
  • High Value: 280,957
  • Low Value: 193,188

    Market Valuation

  • Market Total Value: $186,993
  • Market Land Value: $49,257
  • Market Improvement Value: $137,736

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,331
  • Assessed Land Value: $16,419
  • Assessed Improvements Value: $45,912

    Exemptions

  • 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 Minooka

Stats & Trends

Median Asking:

$374,900

Sale Price/ft²

$181

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2306 ft²

Average Home Age

28.8 years

Currently For Sale

31 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Ricky Gray, Spring Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 12149566
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 215 Shabbona Drive built and last sold?
The property at 215 Shabbona Drive was built in 1976 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 215 Shabbona Drive is $259,797.
What are some comparable homes to 215 Shabbona Drive?
There are currently no comparable homes to 215 Shabbona Drive.
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