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Lynwood 60411
2201 207th Place
$238,000
● House - Off Market

2201 207th Place

Lynwood, IL 60411
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,274 Ft²
$1,425
Est. Monthly
7.79%
Cap Rate

About This Property

Wonderful 3 bedroom, 2 bathroom Sandridge subdivision Tri-Level home with no backyard neighbors and an oversized 2.5-car garage close to highways (I-394/Rte. 30 & 83). * Walk into the double-door entrance to the formal L-shaped Living Room and Dining Room. * The kitchen features ceramic tile floor and backsplash, a pantry, space for a full table, and sliding-door access to the backyard deck. * The ample-sized bedrooms upstairs include real hardwood flooring. * The lower level features a family room, firelace feature wall, a bathroom, and utility room. * The fully-fenced backyard overlooks farmland, and includes a shed for extra storage. * With 1800 square feet of living space, fresh paint, a newer driveway, new roof, loads of space, and neutral decor, this house is offered at a terrific price.
Unit Size
1,274 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$187
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1979

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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 #11928214)

Price History

Date / Event Date Event Price
Dec 27, 2023 Sold
Premium
Sold
Nov 10, 2023 Listed by Baird & Warner $238,000
Listed by Baird & Warner

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,908
  • Total Building Area: 1,228
  • Gross Building Area: 1,228
  • Building Area: 1,228
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,228
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SANDRIDGE SUB UNIT4
  • Land Acres: 0000000182
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (SANDRIDGE) SUB (UNIT4) SUB OF PT OF NE SE SEC 13-35-14

Neighborhood

  • School District Name: Bloom Township High School District 206
  • Census Tract: 828503

Geography

  • District: 12
  • Parcel: 32-13-401-089-0000
  • Lot: 71
  • Meridian: SEC 13 TWN 35N RNG 14E
  • Municipality: BLOOM
  • Latitude: 41.5184
  • Longitude: -87.5627

    Address

  • Full Address: 2201 207th Pl
  • Legal Unit: 4
  • Address - House Number: 2201
  • Address - Street Name: 207th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Lynwood
  • Carrier Code: R004
  • 4-Digit Zip Code: 1538
  • Zip Code: 60411

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $318,566
  • Tax Rate Code Area: 12041

    Appraisal Valuation

  • Standard Deviation: 0.2556
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 243,203
  • High Value: 305,370
  • Low Value: 181,036

    Market Valuation

  • Market Total Value: $211,350
  • Market Land Value: $43,490
  • Market Improvement Value: $167,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,135
  • Assessed Land Value: $4,349
  • Assessed Improvements Value: $16,786

    Sales

  • Current Sale Contract Date: Dec 12, 2023
  • Current Sale Recording Date: Jan 17, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 41276
  • Previous Sale Recording Date: Jul 07, 2005
  • Previous Sale Contract Date: Jun 28, 2005
  • Previous Sale Amount: $178,000
  • 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 Lynwood

Stats & Trends

Median Asking:

$280,000

Sale Price/ft²

$149

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2336 ft²

Average Home Age

23.7 years

Currently For Sale

29 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 21734 Clyde Avenue, Sauk Village, IL, 60411

$1,900 /mo

  • 3 Beds
  • 1 Bath
  • 900 ft²
21734 Clyde Avenue, Sauk Village, IL, 60411 Listing by Jessica Rivera
Unit for rent at 2247 Astor Street, Sauk Village, IL, 60411

$1,750 /mo

  • 2 Beds
  • 2 Baths
  • 972 ft²
2247 Astor Street, Sauk Village, IL, 60411 Listing by Hadi Fallah

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kiana Szostak, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11928214
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 2201 207th Place built and last sold?
The property at 2201 207th Place was built in 1979 and last sold on Dec 12, 2023 for $238,000.
How much is this home worth?
The estimated value of the home located at 2201 207th Place is $0.
What are some comparable homes to 2201 207th Place?
There are currently no comparable homes to 2201 207th Place.
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