For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Morris 60450
2370 Chestnut Lane
$165,000
● House - Off Market

2370 Chestnut Lane

MORRIS, IL 60450
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,350 Ft²
$298,410
RealtyHop Estimate
70.52%
Since Mar 1, 2007
National-US
Primary Model

About This Property

Exceptionally clean. Move in condition. Three bedroom ranch home. Built in 1989. New in 2006 - roof, vinyl siding and completely painted inside. Furnance new in 2002. Easy access to I-80 and Rt. 47.
Unit Size
1,350 Ft²
Days on Market
-
Land Size
-
Price per sqft
$130
Property Type
House
Property Taxes
$116
HOA Dues
-
Year Built
1988

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 6
  • Bedroom Count: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,298
  • Gross Building Area: 1,298
  • Building Area: 1,298
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,298
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOULDER HILL SUBDIVISION
  • Land Acres: 0000000190
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: BOULDER HILL SUB LT 10 SEC 33-34-7

Neighborhood

  • School District Name: Saratoga Community Consolidated School District 60C
  • Census Tract: 000200

Geography

  • District: 15
  • Parcel: 02-33-254-006
  • Lot: 10
  • Meridian: SEC 33 TWN 34N RNG 07W
  • Municipality: SARATOGA TOWNSHIP
  • Latitude: 41.3818
  • Longitude: -88.429

    Address

  • Full Address: 2370 Chestnut Ln
  • Address - House Number: 2370
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Morris
  • Carrier Code: C009
  • 4-Digit Zip Code: 1076
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $450,182
  • Tax Rate Code Area: 15002

    Appraisal Valuation

  • Standard Deviation: 0.2028
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 72
  • Final Value: 223,853
  • High Value: 269,263
  • Low Value: 178,443

    Market Valuation

  • Market Total Value: $186,099
  • Market Land Value: $34,215
  • Market Improvement Value: $151,884

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,033
  • Assessed Land Value: $11,405
  • Assessed Improvements Value: $50,628

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 05, 2017
  • Current Sale Recording Date: Oct 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 573105

    Last Sale Mortgage

  • First Mortgage Transaction Date:
    Premium
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 Morris

Stats & Trends

Median Asking:

$307,000

Sale Price/ft²

$174

Below Asking

0.02%

Average Days on Market

43

Average Home Size

1933 ft²

Average Home Age

59 years

Currently For Sale

18 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

Click here to view more rentals in the neighborhood.
MRED

Listed by: Thomas Smego, Century 21 Coleman-Hornsby
Data Source: MRED, MLS# MRD06359082
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 2370 Chestnut Lane built and last sold?
The property at 2370 Chestnut Lane was built in 1988 and last sold on Oct 5, 2017 for $165,000.
How much is this home worth?
The estimated value of the home located at 2370 Chestnut Lane is $0.
What are some comparable homes to 2370 Chestnut Lane?
There are currently no comparable homes to 2370 Chestnut Lane.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Saratoga Homes for Sale
Saratoga Houses for Sale
Saratoga Condos for Sale
Saratoga Townhouses for Sale
Saratoga Multifamily for Sale
Saratoga Land for Sale
Saratoga Commercial for Sale
Saratoga Homes with Basements
Nearby Cities
Channahon Homes for Sale
Morris Homes for Sale
Minooka Homes for Sale
Diamond Homes for Sale
Seneca Homes for Sale
Newark Homes for Sale
Carbon Hill Homes for Sale
Lisbon Homes for Sale
Nearby Property Records
Grundy County, IL Property Records
Kendall County, IL Property Records
Will County, IL Property Records
LaSalle County, IL Property Records
DeKalb County, IL Property Records
DuPage County, IL Property Records
Kankakee County, IL Property Records
Livingston County, IL Property Records
Nearby Counties
Aux Sable Homes for Sale
Seward Homes for Sale
Morris Homes for Sale
Felix Homes for Sale
Erienna Homes for Sale
Wauponsee Homes for Sale
Goose Lake Homes for Sale
Big Grove Homes for Sale
Top Real Estate Agents
Top Agents in Saratoga
Top Agents in 60450
Top Agents in Aux Sable
Top Agents in Channahon
Top Agents in 60447
Top Agents in Morris
Top Agents in Minooka
Top Agents in 60416