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Will 60451
2900 Abbington Drive
$573,000
● House - Off Market

2900 Abbington Drive

New Lenox, IL 60451
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,750 Ft²
$3,529
Est. Monthly
3.76%
Cap Rate

About This Property

Welcome home to this impeccably updated 3-bedroom, 3.5-bath ranch, where comfort meets modern style. An open-concept layout with gleaming hardwood floors flows seamlessly through the living, dining, and kitchen areas. The living room features a cathedral ceiling. French doors lead to a deck, offering views of nearly an acre of serene backyard. The chef's dream kitchen boasts chic shaker cabinets, granite countertops, and stainless steel appliances. Downstairs, the finished basement offers incredible entertaining space with a bar and updated full bath. Outside, discover a 30x46 Insulated garage (1,380 square feet!) with heat, air conditioning and water, perfect for cars, boats, or any passion requiring ample space. This isn't just a home; it's a lifestyle!
Unit Size
2,750 Ft²
Days on Market
-
Land Size
-
Price per sqft
$200
Property Type
House
Property Taxes
$829
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.

Property Highlights

Garage
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: 40,353
  • 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
  • Subdivision: CHESSINGTON GROVE
  • Land Acres: 0000000930
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 30 IN CHESSINGTON GROVE WEST, BEING A SUB OF PRT OF THE SE1/4 OF SEC. 35, T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881113

Geography

  • Parcel: 15-08-35-478-010
  • Lot: 30
  • Meridian: SEC 35 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.4704
  • Longitude: -87.9267

    Address

  • Full Address: 2900 Abbington Dr
  • Address - House Number: 2900
  • Address - Street Name: Abbington
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: New Lenox
  • Carrier Code: R003
  • 4-Digit Zip Code: 2885
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $884,110
  • Tax Rate Code Area: 1520

    Appraisal Valuation

  • Standard Deviation: 0.1482
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 346,356
  • High Value: 397,693
  • Low Value: 295,018

    Market Valuation

  • Market Total Value: $335,979
  • Market Land Value: $90,051
  • Market Improvement Value: $245,928

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $111,993
  • Assessed Land Value: $30,017
  • Assessed Improvements Value: $81,976

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 29, 2015
  • Current Sale Recording Date: Jan 19, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2016004285
  • Previous Sale Recording Date: Nov 06, 2013
  • Previous Sale Contract Date: Nov 01, 2013
  • Previous Sale Amount: $261,000
  • 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 Will

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2347 ft²

Average Home Age

32.9 years

Currently For Sale

1531 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: John Litrenta, Redfin Corporation
Data Source: MRED, MLS# MRD12421017
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 2900 Abbington Drive built and last sold?
The property at 2900 Abbington Drive was built in and last sold on Dec 29, 2015 for $224,000.
How much is this home worth?
The estimated value of the home located at 2900 Abbington Drive is $0.
What are some comparable homes to 2900 Abbington Drive?
There are currently no comparable homes to 2900 Abbington Drive.
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