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Spring Grove 60081 English Prairie
2315 Falcon Lane
$340,000
● House - Off Market

2315 Falcon Lane

SPRING GROVE, IL 60081
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$646,377
RealtyHop Estimate
86.01%
Since May 1, 2008
National-US
Primary Model

About This Property

Gorgeous landscaping surrounds this perfect home.  Open, flowing main level centers around an airy staircase.  Balcony overlooks main eating area.  Gleaming hardwood, bold neutral colors.  Main floor office AND 2nd office or sitting room in huge Master Suite.  Finished BSMT with game room, bar, bath and more.  Private, huge back yard.  Garage can expand to 4+ car (ask for plans).  2nd floor bonus room.
Unit Size
-
Days on Market
-
Land Size
1.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$487
HOA Dues
-
Year Built
1994

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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.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,263
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,480
  • Total Building Area: 3,939
  • Building Area: 2,676
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,676
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ENGLISH PRAIRIE UNIT 2
  • Land Acres: 0000001090
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2018R0009500 LT 31 ENGLISH PRAIRIE UNIT 2

Neighborhood

  • School District Name: Richmond-Burton Community High School District 157
  • Census Tract: 870106

Geography

  • Parcel: 04-12-453-006
  • Block: 453
  • Lot: 31
  • Municipality: RICHMOND TWP
  • Latitude: 42.4768
  • Longitude: -88.2428

    Address

  • Full Address: 2315 Falcon Ln
  • Legal Unit: 2
  • Address - House Number: 2315
  • Address - Street Name: Falcon
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Spring Grove
  • Carrier Code: R003
  • 4-Digit Zip Code: 8788
  • Zip Code: 60081

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $826,758
  • Tax Rate Code Area: 04010

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 419,922
  • High Value: 491,043
  • Low Value: 348,801

    Market Valuation

  • Market Total Value: $286,359
  • Market Land Value: $60,252
  • Market Improvement Value: $226,107

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $95,453
  • Assessed Land Value: $20,084
  • Assessed Improvements Value: $75,369

    Sales

  • Current Sale Contract Date: Feb 22, 2018
  • Current Sale Recording Date: Mar 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018R0009500
  • Previous Sale Recording Date: Mar 26, 2018
  • Previous Sale Contract Date: Feb 08, 2018
  • Previous Sale Amount: $284,400
  • 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 English Prairie

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$184

Below Asking

0.01%

Average Days on Market

37

Average Home Size

3102 ft²

Average Home Age

25.3 years

Currently For Sale

0 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: Elise Livingston, CRS,GRI, RE/MAX Plaza
Data Source: MRED, MLS# MRD06713334
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 2315 Falcon Lane built and last sold?
The property at 2315 Falcon Lane was built in 1994 and last sold on Feb 22, 2018 for $284,400.
How much is this home worth?
The estimated value of the home located at 2315 Falcon Lane is $350,975.
What are some comparable homes to 2315 Falcon Lane?
There are currently no comparable homes to 2315 Falcon Lane.
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