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Fairmont 60441
220 Nobes Avenue
Photo of 220 Nobes Avenue

3

Map

Photo of 220 Nobes Avenue
Photo of 220 Nobes Avenue
$38,000
↓ $1K (2.6%)
● Land - For Sale

220 Nobes Avenue

Lockport, IL 60441
bedrooms
Studio
bathrooms
0 Bath
$237
Est. Monthly

About This Property

7980 SQ. FT. VACANT LOT READY FOR YOUR BUILD, situated on a quiet, Lockport residential  street, near schools with access to highways, restaurants and more - homes in area value over  $200K  Property conveyed with Special Warranty Deed and tax proration at 100%.  Please submit all offers in writing with Proof of funds
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
Land
Property Taxes
$50
HOA Dues
-
Year Built
-

Listed By

Ryan Cherney

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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

Exterior Details
Lot Size Area: 7840.8
Lot Size Units: Square Feet
Lot Size Acres: 0.18
Lot Size Square Feet: 7840.8
Lot Size Dimensions: 60x133
Financial Details
Tax Annual Amount: $600
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:

$272,500

Sale Price/ft²

$190

Below Asking

0.02%

Average Days on Market

39

Average Home Size

1379 ft²

Average Home Age

61.3 years

Currently For Sale

3 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 220 E 15th Street, Lockport, IL, 60441

$2,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,250 ft²
220 E 15th Street #1, Lockport, IL, 60441 Listing by Daniel Walsh
Unit for rent at 618 E 12th Street, Lockport, IL, 60441

$2,100 /mo

  • 2 Beds
  • 2 Baths
  • 1,300 ft²
618 E 12th Street, Lockport, IL, 60441 Listing by Dmitri Grebennikov
Unit for rent at 752 Rosanne Street, Lockport, IL, 60441

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,890 ft²
752 Rosanne Street, Lockport, IL, 60441 Listing by Grazyna Pawlikowski

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ryan Cherney, Circle One Realty
Data Source: MRED, MLS# MRD12709868
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 220 Nobes Avenue built and last sold?
The property at 220 Nobes Avenue was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 220 Nobes Avenue is $38,380.
What are some comparable homes to 220 Nobes Avenue?
There are currently no comparable homes to 220 Nobes Avenue.
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