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Frankfort 60423
22592 CobbleStone Trail
$121,000
● Land - Off Market

22592 CobbleStone Trail

Frankfort, IL 60423
bedrooms
Studio
bathrooms
0 Bath
$916
Est. Monthly
3.01%
Cap Rate

About This Property

Corner lot, .42 acres in Frankfort Cobblestone walk area.  Close to local schools, retail, etc.  Come build on this perfect site
Unit Size
-
Days on Market
-
Land Size
0.42 acres
Price per sqft
-
Property Type
Land
Property Taxes
$322
HOA Dues
-
Year Built
-

Payment Calculator

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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 #11931921)

Price History

Date / Event Date Event Price
Aug 28, 2024 Sold
Premium
Sold
Jun 23, 2024 In contract -
In contract
Nov 15, 2023 Listed by Keller Williams Preferred Rlty $120,900
Listed by Keller Williams Preferred Rlty

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: 18,295
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,200
  • 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: COBBLESTONE WALK
  • Land Acres: 0000000420
  • Standard Land Use Code: 8001
  • County Land Use Code: 0030
  • Legal Description 1: LOT 20 IN COBBLESTONE WALK, BEING A SUB OF THE E1/2 OF THE E1/2 OF THE NW 1/4 OF SEC. 31, T35N-R12E.

Neighborhood

  • School District Name: Frankfort Community Consolidated School District 157C
  • Census Tract: 883504

Geography

  • Parcel: 19-09-31-102-042
  • Lot: 20
  • Meridian: SEC 31 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.4786
  • Longitude: -87.899

    Address

  • Full Address: 22592 Cobble Stone Trl
  • Address - House Number: 22592
  • Address - Street Name: Cobble Stone
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Frankfort
  • Zip Code: 60423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $386,510
  • Tax Rate Code Area: 1906

    Market Valuation

  • Market Total Value: $136,629
  • Market Land Value: $136,629

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,543
  • Assessed Land Value: $45,543

    Sales

  • Current Sale Contract Date: Dec 22, 2005
  • Current Sale Recording Date: Jan 06, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2006003912
  • Previous Sale Recording Date: Jul 20, 2005
  • Previous Sale Contract Date: Jul 07, 2005
  • Previous Sale Amount: $172,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Frankfort

Stats & Trends

Median Asking:

$669,900

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3332 ft²

Average Home Age

29.8 years

Currently For Sale

63 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

Rentals Near You

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MRED

Listed by: Kristi Turn, Keller Williams Preferred Rlty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11931921
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 22592 Cobblestone Trail built and last sold?
The property at 22592 Cobblestone Trail was built in and last sold on Dec 22, 2005 for $190,000.
How much is this home worth?
The estimated value of the home located at 22592 Cobblestone Trail is $0.
What are some comparable homes to 22592 Cobblestone Trail?
There are currently no comparable homes to 22592 Cobblestone Trail.
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