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Kendall 60543
2800 ARBOR Lane
$515,000
● House - Off Market

2800 ARBOR Lane

Oswego, IL 60543
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,790 Ft²
$3,331
Est. Monthly
6.30%
Cap Rate

About This Property

Priced $60,000-$70,000 UNDER two recent documented appraisals - wow!!!  (Agents, see broker remarks for details.) ~~~  Check out this 4 bedroom, 5 bathroom home with a MASSIVE garage on 1.2 ACRES in UNINCORPORATED Oswego - no HOA!!!  ~~ A floorplan ideal for multigenerational/in-law setup with THREE master suites - with SOO many updates!   Full bathrooms on every floor including the walk-out basement - laundry on main level.   Main floor master suite with three-season room adjacent!  ~~  Much of the home was rebuilt in 2012, including remodeled bathrooms, HVAC, roof, windows & more!   Large 3-car heated garage - plenty of space for workshop!
Unit Size
2,790 Ft²
Days on Market
-
Land Size
1.20 acres
Price per sqft
$179
Property Type
House
Property Taxes
$876
HOA Dues
-
Year Built
1993

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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

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 960
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 51,601
  • Total Building Area: 3,737
  • Gross Building Area: 3,737
  • Building Area: 2,777
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,777
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OWNERS SUBD
  • Land Acres: 0000001000
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: S 1/2 LT 11 (EXC E 10) & S 1/2 LT 12 OWNERS SUBD.

Neighborhood

  • School District Name: Oswego Community Unit School District 308
  • Census Tract: 890402

Geography

  • Assessors Map Reference: 3262-E4
  • Parcel: 02-13-476-024
  • Lot: 11,12
  • Municipality: BRISTOL TOWNSHIP
  • Latitude: 41.6813
  • Longitude: -88.3747

    Address

  • Full Address: 2800 Arbor Ln
  • Address - House Number: 2800
  • Address - Street Name: Arbor
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Oswego
  • Carrier Code: R007
  • 4-Digit Zip Code: 8694
  • Zip Code: 60543

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $946,946
  • Tax Rate Code Area: BR006

    Appraisal Valuation

  • Standard Deviation: 0.1399
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 503,111
  • High Value: 573,505
  • Low Value: 432,717

    Market Valuation

  • Market Total Value: $356,463
  • Market Land Value: $40,170
  • Market Improvement Value: $316,293

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $118,821
  • Assessed Land Value: $13,390
  • Assessed Improvements Value: $105,431

    Sales

  • Current Sale Contract Date: Jun 29, 2011
  • Current Sale Recording Date: Jul 25, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201100011982
  • Previous Sale Recording Date: Jul 01, 2005
  • Previous Sale Contract Date: Jun 22, 2005
  • Previous Sale Amount: $355,500
  • 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 Kendall

Stats & Trends

Median Asking:

$409,145

Sale Price/ft²

$201

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2267 ft²

Average Home Age

16.5 years

Currently For Sale

435 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 624 Vista Drive, Oswego, IL, 60543

$3,490 /mo

  • 4 Beds
  • 2 Baths
  • 3,550 ft²
624 Vista Drive, Oswego, IL, 60543 Listing by Kathleen Bak

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Darlene Colosimo, Patriot Homes Group Inc.
Data Source: MRED, MLS# MRD12396620
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 2800 Arbor Lane built and last sold?
The property at 2800 Arbor Lane was built in 1993 and last sold on Jun 29, 2011 for $295,000.
How much is this home worth?
The estimated value of the home located at 2800 Arbor Lane is $0.
What are some comparable homes to 2800 Arbor Lane?
There are currently no comparable homes to 2800 Arbor Lane.
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