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Lakemoor 60051 Lakemoor Farms
28706 Sawmill Lane
$273,000
● House - Off Market

28706 Sawmill Lane

Lakemoor, IL 60051
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,500 Ft²
$1,912
Est. Monthly
$17
HOA / Fees
9.50%
Cap Rate

About This Property

Wonderful duplex with everything you could want. Outstanding location on a cul-de-sac and backing to open space/woods/and pond. Formal living and dining room. Relaxing family room with fireplace. Updated kitchen with new counters, faucet, and stainless appliances. Second floor offers you three true bedrooms. Master with large closet and private bathroom! Fenced yard and deck top this home off. Wonderful private views that can't be beat off the deck. Hurry on over before this one is gone! No pets please
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$182
Property Type
House
Property Taxes
$554
HOA Dues
$17
Year Built
1999

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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: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 31
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 470
  • Total Building Area: 1,983
  • Gross Building Area: 1,983
  • Building Area: 1,500
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BURNSIDES LAKEMOOR FARMS PHASE I
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: BURNSIDES LAKEMOOR FARMS PHASE I;PT LT157 DAFS,BEG MST SLY COR,N41D0344W ARCLENGTH 32.45,N35D0346E ALG CLN PARTYWA LL 68.41,N40D0723E 38.02,S47D1523E 86.19,S64D2545W

Neighborhood

  • School District Name: Big Hollow School District 38
  • Census Tract: 860907

Geography

  • District: GRANT
  • Subdivision Phase Number: 2
  • Parcel: 05-33-302-115
  • Lot: 157
  • Municipality: TWP OF GRANT
  • Latitude: 42.3358
  • Longitude: -88.194

    Address

  • Full Address: 28706 Sawmill Ln
  • Address - House Number: 28706
  • Address - Street Name: Sawmill
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Lakemoor
  • Carrier Code: R029
  • 4-Digit Zip Code: 2230
  • Zip Code: 60051

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $586,940
  • Tax Rate Code Area: 6053

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 247,904
  • High Value: 295,036
  • Low Value: 200,771

    Market Valuation

  • Market Total Value: $195,913
  • Market Land Value: $32,697
  • Market Improvement Value: $163,216

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,298
  • Assessed Land Value: $10,898
  • Assessed Improvements Value: $54,400

    Sales

  • Current Sale Contract Date: Aug 23, 2014
  • Current Sale Recording Date: Oct 13, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7138862
  • Previous Sale Recording Date: Nov 10, 2004
  • Previous Sale Contract Date: Oct 15, 2004
  • Previous Sale Amount: $185,500
  • 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 Lakemoor Farms

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$172

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1544 ft²

Average Home Age

24 years

Currently For Sale

2 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 434 Red Oak Circle, Volo, IL, 60020

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,764 ft²
434 Red Oak Circle #434, Volo, IL, 60020 Listing by Abha Dey
Unit for rent at 341 Red Oak Circle, Volo, IL, 60020

$2,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,767 ft²
341 Red Oak Circle, Volo, IL, 60020 Listing by Alice Scifo

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Winfield Cohen, Keller Williams Success Realty
Data Source: MRED, MLS# MRD12477873
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 28706 Sawmill Lane built and last sold?
The property at 28706 Sawmill Lane was built in 1999 and last sold on Aug 23, 2014 for $95,000.
How much is this home worth?
The estimated value of the home located at 28706 Sawmill Lane is $0.
What are some comparable homes to 28706 Sawmill Lane?
There are currently no comparable homes to 28706 Sawmill Lane.
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