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Joliet 60435 Heritage Lakes
2428 Lakeridge Drive
$340,000
● House - Off Market

2428 Lakeridge Drive

Lockport, IL 60441
bedrooms
3 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
1,612 Ft²
$322,698
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

A Beautiful 3 Bedroom, 2 Full and 2 Half Bath, 2 Story has New Windows ('20), Full Solar Panels ('20), New Roofing ('20), New Driveway ('21), New A/C ('21), Luxury Vinyl Plank Flooring throughout the first floor, Finished Basement with it's own Bath, 6' Vinyl Fencing surrounds the Large Yard with a 15'x30' Pool (with OPTIONAL electric pool heater), Ring doorbell and Pool Camera security, Brinks Security system and an Oversized Garage for bigger toys.
Unit Size
1,612 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$198
Property Type
House
Property Taxes
$474
HOA Dues
$31
Year Built
1999

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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.

Last updated: 3 years ago (MRED MLS #11404181)

Price History

Date / Event Date Event Price
Jun 3, 2022 Sold
Premium
Sold
May 13, 2022 Listed by Diamond Holiday Real Estate Limited Liabilty Firm $319,000
Listed by Diamond Holiday Real Estate Limited Liabilty Firm

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,373
  • Total Building Area: 2,092
  • Building Area: 1,612
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,612
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERITAGE LAKE ESTATES
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 44 IN HERITAGE LAKE ESTATES UNIT THREE, A SUB OF PRT OF THE SE1/4 OF SEC 24, T36N-R9E.

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880428

Geography

  • Parcel: 06-03-24-405-029
  • Lot: 44
  • Meridian: SEC 24 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5827
  • Longitude: -88.1435

    Address

  • Full Address: 2428 Lakeridge Dr
  • Legal Unit: 3
  • Address - House Number: 2428
  • Address - Street Name: Lakeridge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lockport
  • Carrier Code: R003
  • 4-Digit Zip Code: 3951
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $610,210
  • Tax Rate Code Area: 0612

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 325,325
  • High Value: 378,213
  • Low Value: 272,437

    Market Valuation

  • Market Total Value: $251,121
  • Market Land Value: $73,467
  • Market Improvement Value: $177,654

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $83,707
  • Assessed Land Value: $24,489
  • Assessed Improvements Value: $59,218

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 26, 2022
  • Current Sale Recording Date: Jun 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 45298
  • Previous Sale Recording Date: Jul 15, 2003
  • Previous Sale Contract Date: Jun 27, 2003
  • Previous Sale Amount: $190,000
  • 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 Heritage Lakes

Stats & Trends

Median Asking:

$402,450

Sale Price/ft²

$170

Below Asking

0.05%

Average Days on Market

36

Average Home Size

1705 ft²

Average Home Age

31 years

Currently For Sale

1 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 2338 Carnation Drive, Crest Hill, IL, 60403

$2,400 /mo

  • 2 Beds
  • 1 Bath
  • 924 ft²
2338 Carnation Drive #1, Crest Hill, IL, 60403 Listing by Jacqueline Dix
Unit for rent at 1467 Berta Drive, Crest Hill, IL, 60403

$2,375 /mo

  • 2 Beds
  • 1 Bath
  • 1,300 ft²
1467 Berta Drive, Crest Hill, IL, 60403 Listing by William Neuman

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jeffrey Winkelmann, Diamond Holiday Real Estate Limited Liabilty Firm
Last Updated: 3 years ago
Data Source: MRED, MLS# 11404181
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 2428 Lakeridge Drive built and last sold?
The property at 2428 Lakeridge Drive was built in 1999 and last sold on May 26, 2022 for $340,000.
How much is this home worth?
The estimated value of the home located at 2428 Lakeridge Drive is $324,163.
What are some comparable homes to 2428 Lakeridge Drive?
There are currently no comparable homes to 2428 Lakeridge Drive.
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