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Will 60586
23242 W Leach Drive
$285,000
● House - Off Market

23242 W Leach Drive

Plainfield, IL 60586
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,646 Ft²
$302,353
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

One of a kind ranch home in unincorporated Plainfield with large basement, huge, fenced yard and extra deep 2 car garage. Featuring 4 bedrooms and 2 full baths, plenty of storage and a 24' x 25' family room in the partially finished basement that adds even more living area! Owner has made the tough decision to downsize after years of enjoying this awesome home. Here's your chance to make it your own! 5 minutes from Joliet Mall, movie theaters and I-55; super close to I-80. This home has the best of both worlds: shopping and entertainment nearby in all directions, yet minutes away from Van Horn Woods, DuPage River and Clow-Stephens Park-- back to nature fun including parks and soccer fields, AND awesome dog parks!
Unit Size
1,646 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$173
Property Type
House
Property Taxes
$322
HOA Dues
-
Year Built
1969

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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 #11659814)

Price History

Date / Event Date Event Price
Dec 12, 2022 Sold
Premium
Sold
Oct 27, 2022 Listed by Goggin Real Estate LLC $285,000
Listed by Goggin Real Estate LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 720
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,989
  • Total Building Area: 1,646
  • Building Area: 1,646
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,646
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LILY CACHE ACRES UNIT 4
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 77 IN LILY CACHE ACRES UNIT 4, SUB OF PRT OF THE E1/2 OF THE E1/2 OF THE SE1/4 OF SEC 22, T36N-R9E.

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880421

Geography

  • Parcel: 06-03-22-401-014
  • Lot: 77
  • Meridian: SEC 22 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5863
  • Longitude: -88.1837

    Address

  • Full Address: 23242 W Leach Dr
  • Legal Unit: 4
  • Address - House Number: 23242
  • Street Direction: W
  • Address - Street Name: Leach
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R020
  • 4-Digit Zip Code: 9024
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $380,026
  • Tax Rate Code Area: 0604

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 314,809
  • High Value: 363,739
  • Low Value: 265,880

    Market Valuation

  • Market Total Value: $253,536
  • Market Land Value: $60,102
  • Market Improvement Value: $193,434

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $84,512
  • Assessed Land Value: $20,034
  • Assessed Improvements Value: $64,478

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 12, 2022
  • Current Sale Recording Date: Dec 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 86969
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 Will

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2347 ft²

Average Home Age

32.9 years

Currently For Sale

1531 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 3800 Amber Court, Plainfield, IL, 60586

$3,250 /mo

  • 5 Beds
  • 2 Baths
  • 2,482 ft²
3800 Amber Court, Plainfield, IL, 60586 Listing by Varun Malhotra

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Nancy Gibson, Goggin Real Estate LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11659814
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 23242 West Leach Drive built and last sold?
The property at 23242 West Leach Drive was built in 1969 and last sold on Dec 12, 2022 for $285,000.
How much is this home worth?
The estimated value of the home located at 23242 West Leach Drive is $0.
What are some comparable homes to 23242 West Leach Drive?
There are currently no comparable homes to 23242 West Leach Drive.
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