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Fairmont 60441
2209 FAIRVIEW Avenue
$170,000
● House - Off Market

2209 FAIRVIEW Avenue

Lockport, IL 60441
bedrooms
3 Beds
bathrooms
1 Bath
square feet
925 Ft²
$191,214
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Redone from top to bottom... literally! Super cute 3 bedroom ranch! New EVERYTHING! Come and see for yourself! An opportunity to move right in and decorate. Hardwood floors,beautiful kitchen with soft close drawers... Upstairs area for washer and dryer. Perfect place to call home! This investor thought of everything you'd need!
Unit Size
925 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$184
Property Type
House
Property Taxes
$119
HOA Dues
-
Year Built
-

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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 #11185867)

Price History

Date / Event Date Event Price
Oct 12, 2021 Sold
Premium
Sold
Aug 11, 2021 Listed by Carter Realty Group $169,900
Listed by Carter Realty Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • 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: 7,478
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STERN GARDEN
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 171 IN STERN GARDENS, BEING A SUB OF PRT OF THE SW1/4 OF SEC. 35, T36N-R10E.

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 880702

Geography

  • Parcel: 11-04-35-326-016
  • Lot: 171
  • Meridian: SEC 35 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5555
  • Longitude: -88.0606

    Address

  • Full Address: 2209 Fairview Ave
  • Address - House Number: 2209
  • Address - Street Name: Fairview
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lockport
  • Carrier Code: C017
  • 4-Digit Zip Code: 5317
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $100,636
  • Tax Rate Code Area: 1109

    Appraisal Valuation

  • Standard Deviation: 0.1675
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 113,780
  • High Value: 132,848
  • Low Value: 94,712

    Market Valuation

  • Market Total Value: $51,357
  • Market Land Value: $13,860
  • Market Improvement Value: $37,497

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,119
  • Assessed Land Value: $4,620
  • Assessed Improvements Value: $12,499

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021126895
  • Previous Sale Recording Date: Sep 16, 2015
  • Previous Sale Contract Date: Sep 14, 2015
  • Previous Sale Document Type: 52

    Financing

  • First Mortgage Financing Type: FIX
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 Fairmont

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$190

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1221 ft²

Average Home Age

64.5 years

Currently For Sale

4 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: Carmen Carter, Carter Realty Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11185867
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 2209 Fairview Avenue built and last sold?
The property at 2209 Fairview Avenue was built in and last sold on Oct 8, 2021 for $170,000.
How much is this home worth?
The estimated value of the home located at 2209 Fairview Avenue is $0.
What are some comparable homes to 2209 Fairview Avenue?
There are currently no comparable homes to 2209 Fairview Avenue.
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