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Mokena 60448
22308 Summit Court
$150,000
● Land - Off Market

22308 Summit Court

Mokena, IL 60448
bedrooms
Studio
bathrooms
0 Bath
$151,163
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Beautiful Mokena cul-de-sac walkout lot backs up to pond with great view!  Few lots left in subdivision.
Unit Size
-
Days on Market
-
Land Size
0.32 acres
Price per sqft
-
Property Type
Land
Property Taxes
$235
HOA Dues
-
Year Built
-

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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 #11750806)

Price History

Date / Event Date Event Price
May 22, 2023 Sold
Premium
Sold
Apr 3, 2023 Listed by Realty Executives Ambassador $150,000
Listed by Realty Executives Ambassador
Mar 22, 2023 No longer available -
No longer available
Mar 17, 2023 Listed by Realty Executives Ambassador $150,000
Listed by Realty Executives Ambassador
Beautiful Mokena cul-de-sac walkout lot backs up to pond with great view! Few lots left in subdivision.

Property Highlights

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: 14,013
  • 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: V
  • Subdivision: HUGUELET'S BOULDER RIDGE
  • Land Acres: 0000000320
  • Standard Land Use Code: 8001
  • County Land Use Code: 0030
  • Legal Description 1: LOT 58 IN HUGUELET'S BOULDER RIDGE UNIT 1, BEING A SUB OF PRT OF SEC. 12 T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881105

Geography

  • Parcel: 15-08-12-208-016
  • Lot: 58
  • Meridian: SEC 12 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5366
  • Longitude: -87.9165

    Address

  • Full Address: 22308 Summit Ct
  • Legal Unit: 1
  • Address - House Number: 22308
  • Address - Street Name: Summit
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Mokena
  • Carrier Code: R031
  • 4-Digit Zip Code: 8287
  • Zip Code: 60448

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $295,200
  • Tax Rate Code Area: 1535

    Market Valuation

  • Market Total Value: $102,546
  • Market Land Value: $102,546

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,182
  • Assessed Land Value: $34,182

    Sales

  • Current Sale Contract Date: May 16, 2023
  • Current Sale Recording Date: Jun 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 27065
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 Mokena

Stats & Trends

Median Asking:

$472,404

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

44

Average Home Size

3045 ft²

Average Home Age

28.3 years

Currently For Sale

56 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: Robert Shutay, Realty Executives Ambassador
Last Updated: 3 years ago
Data Source: MRED, MLS# 11750806
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 22308 Summit Court built and last sold?
The property at 22308 Summit Court was built in and last sold on May 16, 2023 for $150,000.
How much is this home worth?
The estimated value of the home located at 22308 Summit Court is $151,500.
What are some comparable homes to 22308 Summit Court?
There are currently no comparable homes to 22308 Summit Court.
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