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Monticello 61856
23 Lodge Trail
$391,000
● House - Off Market

23 Lodge Trail

Monticello, IL 61856
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,982 Ft²
$2,651
Est. Monthly
$21
HOA / Fees
8.01%
Cap Rate

About This Property

Located in the desirable Sage Meadows Subdivision, this spacious 5-bedroom, 2-story home offers a perfect blend of comfort and style. The second floor features a luxurious primary bedroom with an en-suite bath and walk-in closet, three additional bedrooms, a full bathroom, and a convenient laundry space. The main floor boasts gleaming hardwood floors, an eat-in kitchen with granite countertops and a walk-in pantry, and a cozy living room with a fireplace. The finished basement adds even more versatility with a fifth bedroom, full bathroom, and ample storage. Complete with an oversized garage and beautifully landscaped yard, this move-in ready home is a true gem.
Unit Size
1,982 Ft²
Days on Market
-
Land Size
-
Price per sqft
$200
Property Type
House
Property Taxes
$686
HOA Dues
$21
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.

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: 7,011
  • 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: SAGE MEADOWS SUB
  • Land Acres: 0000000161
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SAGE MEADOWS PLANNED UNIT DEVELOPMENT BK 15 PG 135 LOT 6 31 32 8.16

Neighborhood

  • School District Name: Monticello Community Unit School District 25
  • Census Tract: 954600

Geography

  • District: 06
  • Parcel: 06-32-19-006-007-11
  • Lot: 6,8
  • Municipality: SANGAMON TOWNSHIP
  • Latitude: 40.062
  • Longitude: -88.5552

    Address

  • Full Address: 23 Lodge Trl
  • Legal Unit: BK
  • Address - House Number: 23
  • Address - Street Name: Lodge
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Monticello
  • Carrier Code: R005
  • 4-Digit Zip Code: 4201
  • Zip Code: 61856

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $740,884
  • Tax Rate Code Area: 06571

    Appraisal Valuation

  • Standard Deviation: 0.0857
  • Valuation Date: May 31, 2023
  • Confidence Score: 93
  • Final Value: 295,184
  • High Value: 320,506
  • Low Value: 269,861

    Market Valuation

  • Market Total Value: $314,172
  • Market Land Value: $58,599
  • Market Improvement Value: $255,573

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $104,724
  • Assessed Land Value: $19,533
  • Assessed Improvements Value: $85,191

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 06, 2021
  • Current Sale Recording Date: May 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 26
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 Monticello

Stats & Trends

Median Asking:

$262,500

Sale Price/ft²

$157

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2620 ft²

Average Home Age

32 years

Currently For Sale

13 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: Nick Taylor, Taylor Realty Associates
Data Source: MRED, MLS# MRD12419158
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 23 Lodge Trail built and last sold?
The property at 23 Lodge Trail was built in and last sold on May 6, 2021 for $299,000.
How much is this home worth?
The estimated value of the home located at 23 Lodge Trail is $396,829.
What are some comparable homes to 23 Lodge Trail?
There are currently no comparable homes to 23 Lodge Trail.
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