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Lockport 60441
226 Bluff Street
$190,000
● House - Off Market

226 Bluff Street

Lockport, IL 60441
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,275 Ft²
$195,026
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Great home, great neighborhood. This 3BR ranch has plenty of of space along with a huge basement. Spacious backyard perfect for entertaining. This is a great property with a lot of potential.
Unit Size
1,275 Ft²
Days on Market
-
Land Size
-
Price per sqft
$137
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
-

Payment Calculator

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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 #11230499)

Price History

Date / Event Date Event Price
Nov 6, 2021 Sold
Premium
Sold
Oct 1, 2021 Listed by RE/MAX At Home $174,900
Listed by RE/MAX At Home

Property Highlights

Garage
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: 15,169
  • 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
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: THE E 100 FT OF LOT 24 IN A T MC INTOSH CO'S LOCKPORT FARMS IN SEC 24, T36N-R10E.

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 880502

Geography

  • Parcel: 11-04-14-405-013
  • Lot: 24
  • Meridian: SEC 24 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.6026
  • Longitude: -88.0486

    Address

  • Full Address: 226 Bluff St
  • Address - House Number: 226
  • Address - Street Name: Bluff
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lockport
  • Carrier Code: C051
  • 4-Digit Zip Code: 2622
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $434,152
  • Tax Rate Code Area: 1115

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 221,780
  • High Value: 257,660
  • Low Value: 185,899

    Market Valuation

  • Market Total Value: $180,561
  • Market Land Value: $68,796
  • Market Improvement Value: $111,765

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,187
  • Assessed Land Value: $22,932
  • Assessed Improvements Value: $37,255

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 03, 2021
  • Current Sale Recording Date: Dec 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021138836

    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 Lockport

Stats & Trends

Median Asking:

$379,900

Sale Price/ft²

$218

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2120 ft²

Average Home Age

31 years

Currently For Sale

64 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 220 E 15th Street, Lockport, IL, 60441

$2,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,250 ft²
220 E 15th Street #1, Lockport, IL, 60441 Listing by Daniel Walsh

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: John Karoumi, RE/MAX At Home
Last Updated: 3 years ago
Data Source: MRED, MLS# 11230499
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 226 Bluff Street built and last sold?
The property at 226 Bluff Street was built in and last sold on Nov 3, 2021 for $190,000.
How much is this home worth?
The estimated value of the home located at 226 Bluff Street is $181,737.
What are some comparable homes to 226 Bluff Street?
There are currently no comparable homes to 226 Bluff Street.
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