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Hanover Park 60133
2237 Waterfall Lane
$151,000
● House - Off Market

2237 Waterfall Lane

HANOVER PARK, IL 60133
bedrooms
4 Beds
bathrooms
3 Baths
$265,860
RealtyHop Estimate
77.24%
Since Feb 1, 2016
National-US
Primary Model

About This Property

SHORT SALE LENDERS LAST COUNTER OFFER $150K!! Attention Rehabbers or DYI buyers! Big raised ranch ready for your ideas! Eat in Kitchen, Big Sunny Living/ Dining room & Huge deck off Living & Dining room! Master Bed with Full Bath!  Lower Level with Bed, Bath and Family room with Wood Burning Fireplace! Big Patio on lower lever with brick wall & lots of room for entertaining! New Hot water heater 2013. 2 Car Attached Garage. Shed in backyard. Only 1 block from Awesome Park & Pond!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$507
HOA Dues
-
Year Built
1977

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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 #09001389)

Price History

Date / Event Date Event Price
Jan 5, 2016 Sold
Premium
Sold
Aug 3, 2015 Listed by Casey & Wagner Real Estate $149,998
Listed by Casey & Wagner Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 920
  • Total Building Area: 1,878
  • Gross Building Area: 1,280
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HANOVER ARMY TRAIL UNIT NO 2
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: HANOVER ARMY TRAIL UNIT NO 2 ALL

Neighborhood

  • School District Name: School District U-46
  • School Tax School District: DISTRICT 46
  • Census Tract: 841322

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2967-C2
  • Parcel: 01-13-306-011
  • Block: 8
  • Lot: 25
  • Municipality: WAYNE
  • Latitude: 41.9467
  • Longitude: -88.1609

    Address

  • Full Address: 2237 Waterfall Ln
  • Legal Unit: 2
  • Address - House Number: 2237
  • Address - Street Name: Waterfall
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hanover Park
  • Carrier Code: R018
  • 4-Digit Zip Code: 6044
  • Zip Code: 60133

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $763,654
  • Tax Rate Code Area: 1015

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 318,948
  • High Value: 375,629
  • Low Value: 262,266

    Market Valuation

  • Market Total Value: $269,610
  • Market Land Value: $80,430
  • Market Improvement Value: $189,180

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $89,870
  • Assessed Land Value: $26,810
  • Assessed Improvements Value: $63,060

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 30, 2015
  • Current Sale Recording Date: Jan 12, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2016-003635
  • Previous Sale Recording Date: Jan 06, 2006
  • Previous Sale Contract Date: Dec 14, 2005
  • Previous Sale Amount: $265,000
  • 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 Hanover Park

Stats & Trends

Median Asking:

$348,950

Sale Price/ft²

$232

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1498 ft²

Average Home Age

48.4 years

Currently For Sale

40 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 1294 Catalina Court, Schaumburg, IL, 60173

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,576 ft²
1294 Catalina Court, Schaumburg, IL, 60173 Listing by Fabio Brancati

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Casey & Wagner Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 09001389
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 2237 Waterfall Lane built and last sold?
The property at 2237 Waterfall Lane was built in 1977 and last sold on Dec 30, 2015 for $151,000.
How much is this home worth?
The estimated value of the home located at 2237 Waterfall Lane is $0.
What are some comparable homes to 2237 Waterfall Lane?
There are currently no comparable homes to 2237 Waterfall Lane.
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