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Will 60468
28264 S Route 45
$245,000
● House - Off Market

28264 S Route 45

Peotone, IL 60468
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,350 Ft²
$250,419
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

This charming brick ranch sits on 1.75 acres and provides the best of country living! The property boasts incredible views that are sure to delight with its peaceful, serene setting. The home itself encompasses three bedrooms and two bathrooms, and features a sun room and patio, providing you plenty of opportunity to take in the awesome views. Inside, the family room or living room is ready to host your guests with access to the patio and sun room. From gardening to a games area, the land can be utilized however you please. Close to everything but in the middle of the country. Enjoy the best of both worlds with season changes offering a spectacular array of colors and sights. From this private retreat, you'll experience endless possibilities for living and playing. Come and take a look - don't wait too long!
Unit Size
1,350 Ft²
Days on Market
-
Land Size
1.77 acres
Price per sqft
$185
Property Type
House
Property Taxes
$236
HOA Dues
-
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 #11723679)

Price History

Date / Event Date Event Price
Jun 2, 2023 Sold
Premium
Sold
Feb 22, 2023 Listed by Baird & Warner Business Development $250,000
Listed by Baird & Warner Business Development

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 77,101
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001770
  • Standard Land Use Code: 1008
  • County Land Use Code: 0011
  • Legal Description 1: THAT PRT OF THE E1/2 OF SEC 6, T33N-R12E, DAF: BEG AT THE 38.28 FT W OF THE NE COR OF THE SE1/4 OF SD SEC 6; THC S 00 DEG 00'

Neighborhood

  • School District Name: Peotone Community Unit School District 207U
  • Census Tract: 883904

Geography

  • Parcel: 17-20-06-200-023
  • Meridian: SEC 06 TWN 33N RNG 12E
  • Municipality: PEOTONE
  • Latitude: 41.3748
  • Longitude: -87.8837

    Address

  • Full Address: 28264 S Route 45
  • Address - House Number: 28264
  • Street Direction: S
  • Address - Street Name: Route 45
  • State: IL
  • City Name: Peotone
  • Carrier Code: R001
  • 4-Digit Zip Code: 9670
  • Zip Code: 60468

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $297,446
  • Tax Rate Code Area: 1706

    Market Valuation

  • Market Total Value: $149,070
  • Market Land Value: $35,451
  • Market Improvement Value: $113,619

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,623
  • Assessed Land Value: $13,469
  • Assessed Improvements Value: $43,154

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 25, 2023
  • Current Sale Recording Date: Jun 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 31646
  • Previous Sale Recording Date: Feb 24, 2017
  • Previous Sale Contract Date: Feb 03, 2017
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: 33
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

$205

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2371 ft²

Average Home Age

33.6 years

Currently For Sale

1522 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

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MRED

Listed by: Clara Wetterquist, Baird & Warner Business Development
Last Updated: 3 years ago
Data Source: MRED, MLS# 11723679
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 28264 South Rt built and last sold?
The property at 28264 South Rt was built in and last sold on May 25, 2023 for $245,000.
How much is this home worth?
The estimated value of the home located at 28264 South Rt is $254,121.
What are some comparable homes to 28264 South Rt?
There are currently no comparable homes to 28264 South Rt.
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