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Fairmont 60441
301 Connor Avenue
$340,000
● House - Off Market

301 Connor Avenue

Lockport, IL 60441
bedrooms
3 Beds
bathrooms
2 Baths
$2,242
Est. Monthly
7.12%
Cap Rate

About This Property

Welcome to this updated 3 bedroom, 2 full bath home on a double lot! Walk in the front door to the open living room and kitchen with gleaming hardwood floors. Kitchen features granite countertops, large island, newer cabinets and stainless steel appliances. Lower level has a large family room, full bathroom and mudroom off of the garage. New patio door leads to large patio and fully fenced in yard, perfect for unwinding at the end of the day! Home features new windows, new garage door, new concrete flooring in garage, concrete crawl, newer siding(2022) and fully remodeled bathrooms. Roof(2018) A/C(2018), 2 car attached garage. Close to Dellwood Park!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$523
HOA Dues
-
Year Built
-

Payment Calculator

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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: 5,667
  • 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: DELLWOOD HIGHLANDS
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 154 IN DELLWOOD HIGHLANDS, BEING A SUB OF PRT OF THE S1/2 OF THE S1/2 OF SECS. 26 27, T36N-R10E.

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 880702

Geography

  • Parcel: 11-04-26-302-019
  • Lot: 154
  • Meridian: SEC 26 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5699
  • Longitude: -88.0635

    Address

  • Full Address: 301 Connor Ave
  • Address - House Number: 301
  • Address - Street Name: Connor
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lockport
  • Carrier Code: C002
  • 4-Digit Zip Code: 4708
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $447,042
  • Tax Rate Code Area: 1109

    Appraisal Valuation

  • Standard Deviation: 0.1675
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 237,071
  • High Value: 276,800
  • Low Value: 197,341

    Market Valuation

  • Market Total Value: $166,179
  • Market Land Value: $44,280
  • Market Improvement Value: $121,899

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,393
  • Assessed Land Value: $14,760
  • Assessed Improvements Value: $40,633

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 20, 2017
  • Current Sale Recording Date: Jul 05, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2017051457
  • Previous Sale Recording Date: Dec 10, 2003
  • Previous Sale Contract Date: Nov 11, 2003
  • Previous Sale Amount: $148,000
  • Previous Sale Document Type: 27
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 Fairmont

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$190

Below Asking

0.01%

Average Days on Market

39

Average Home Size

1328 ft²

Average Home Age

50.3 years

Currently For Sale

3 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: Kimberly Litke, Baird & Warner
Data Source: MRED, MLS# MRD12136488
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 301 Connor Avenue built and last sold?
The property at 301 Connor Avenue was built in and last sold on Jun 20, 2017 for $145,000.
How much is this home worth?
The estimated value of the home located at 301 Connor Avenue is $353,500.
What are some comparable homes to 301 Connor Avenue?
There are currently no comparable homes to 301 Connor Avenue.
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