$182,000
●
Condo -
Off Market
268 Circlegate Road #268
New Lenox, IL 60451
2 Beds
2 Baths
1,200 Ft²
$1,541
Est. Monthly
$215
HOA / Fees
9.80%
Cap Rate
About This Property
Discover the potential in this 2-bedroom, 2-bathroom townhome,
offering an incredible opportunity for investors and DIY
enthusiasts alike. This two-story gem, complete with a full
basement, is brimming with possibilities for a complete
transformation. Located in a convenient neighborhood, this property
is close to shopping, dining, schools, and the Metra. Bring your
vision and creativity to breathe new life into this home. With the
right touch, this townhome can be a standout investment
opportunity. Don't miss out on this chance to create something
special. Schedule your viewing today! Being sold AS IS.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$158
Property Type
Condo
Property Taxes
$394
HOA Dues
$215
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.
Last updated: 3 years ago (MRED MLS #12079304)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 10, 2025 | Sold | ||
| Sold | |||
| Jan 22, 2025 | In contract | - | |
| In contract | |||
| Jan 14, 2025 | Price Decreased |
$229,900
↓ $5K
(2.1%) | |
| Price Decreased | |||
| Jan 1, 2025 | Listed by Crosstown Realtors Inc | $234,900 | |
| Listed by Crosstown Realtors Inc | |||
| | |||
|
Beautifully rehabbed home ready for immediate occupancy. This spacious unit provides 2 Bedrooms with brand NEW carpeting, 2 fully updated bathrooms, Brand NEW Luxury Vinyl flooring throughout the main level and the basement, NEW cabinets and counter tops, NEW appliances, NEW light fixtures throughout the home, NEW garage door and much more! Schedule your private showing today. **HOA does not allow rentals**
| |||
| Dec 11, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
Show More
Property Highlights
Air Conditioning
Parking Details
Total Number of Parking: 1
Garage Spaces: 1
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Detached
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Interior Features: Laundry Hook-Up in Unit
Appliances: Range, Dishwasher, Refrigerator
Rooms: 5
Basement: Full
Basement Description: Finished
Exterior Details
Ownership: Fee Simple w/ HO Assn.
Exterior Building Type: Vinyl Siding
Age: 26-30 Years
Rebuilt(Y/N): No
Parcel Number: 1508271020411001
Property Type: Residential
Year Built: 1997
Roof: Asphalt
No Disability Access
Special Conditions: None
Exterior Features: Patio
Lot Features: Landscaped
Lot Size Dimensions: 76390
Water Source: Lake Michigan
Financial Details
Tax Year: 2022
Tax Annual Amount: $4,722
Tax Exemptions: None
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: New Lenox
Corporate Limits: New Lenox
Directions: From Illinois Highway, turn south on Stonegate Road, then west on Circlegate Road
County or Parish: Will
Elementary School District: 122
Elementary School: Arnold J Tyler School
Middle Or Junior School District: 122
Middle Or Junior School: Alex M Martino Junior High Schoo
High School District: 210
High School: Lincoln-Way Central High School
Other Details
Association Fee Includes: Exterior Maintenance, Lawn Care, Snow Removal
Association Fee: $215
Association Fee Freq: Monthly
Holds Earnest Money: No
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/09/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$189,900
2 Bed
2 Bath
1200 ft²
|
$182,000
-4.16%
07/02/2024
|
Ann Wood
CRIS REALTY
|
Building Info
About New Lenox
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Listed by: Ann Wood, CRIS Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 12079304
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 12079304
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