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Plano 60545
307 Gregory Lane
$248,000
● House - Off Market

307 Gregory Lane

Plano, IL 60545
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,382 Ft²
$1,714
Est. Monthly
$42
HOA / Fees
9.40%
Cap Rate

About This Property

Incredible value in sought-after Lakewood Springs subdivision with low assessments and top-notch amenities, including 2 pools, tennis courts, clubhouse, and more! This tastefully updated home features a spacious eat-in kitchen with granite counters and added island for additional seating and storage. You'll love the 3 large bedrooms, 2 full baths, and convenient 2nd-floor laundry. Enjoy privacy in the large fenced backyard which backs to a cornfield-perfect for relaxing or entertaining. Close to schools, parks, shopping, dining, and major conveniences.
Unit Size
1,382 Ft²
Days on Market
-
Land Size
-
Price per sqft
$181
Property Type
House
Property Taxes
$444
HOA Dues
$42
Year Built
2007

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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

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,280
  • Total Building Area: 1,602
  • Gross Building Area: 1,602
  • Building Area: 1,382
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,382
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD SPRINGS
  • Land Acres: 0000000098
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LT 1284 LAKEWOOD SPRINGS UNIT 5 (EXC COM SW COR SD LT, N 37.91, E 110, S 37.63, W 110 TO POB) CITY OF PLANO

Neighborhood

  • School District Name: Plano Community Unit School District 88
  • Census Tract: 890501

Geography

  • Assessors Map Reference: 3260-B6
  • Parcel: 01-24-302-042
  • Lot: 1284
  • Municipality: LITTLE ROCK TOWNSHIP
  • Latitude: 41.6665
  • Longitude: -88.5043

    Address

  • Full Address: 307 Gregory Ln
  • Address - House Number: 307
  • Address - Street Name: Gregory
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Plano
  • Carrier Code: R005
  • 4-Digit Zip Code: 2261
  • Zip Code: 60545

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $483,480
  • Tax Rate Code Area: LR003

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 209,260
  • High Value: 242,448
  • Low Value: 176,072

    Market Valuation

  • Market Total Value: $143,217
  • Market Land Value: $15,246
  • Market Improvement Value: $127,971

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,739
  • Assessed Land Value: $5,082
  • Assessed Improvements Value: $42,657

    Sales

  • Current Sale Contract Date: Jul 18, 2019
  • Current Sale Recording Date: Jul 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201900010187
  • Previous Sale Recording Date: Nov 26, 2014
  • Previous Sale Contract Date: Nov 21, 2014
  • Previous Sale Amount: $111,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Plano

Stats & Trends

Median Asking:

$286,950

Sale Price/ft²

$191

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1887 ft²

Average Home Age

23.5 years

Currently For Sale

16 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 3712 Munson Street, Plano, IL, 60545

$2,550 /mo

  • 3 Beds
  • 2 Baths
  • 1,550 ft²
3712 Munson Street, Plano, IL, 60545 Listing by Yuriy Makoviychuk
Unit for rent at 407 Waubonsee Drive, Plano, IL, 60545

$2,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,623 ft²
407 Waubonsee Drive, Plano, IL, 60545 Listing by Anita Saggar

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Chris McGary, eXp Realty
Data Source: MRED, MLS# MRD12403638
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 307 Gregory Lane built and last sold?
The property at 307 Gregory Lane was built in 2007 and last sold on Jul 18, 2019 for $145,500.
How much is this home worth?
The estimated value of the home located at 307 Gregory Lane is $252,572.
What are some comparable homes to 307 Gregory Lane?
There are currently no comparable homes to 307 Gregory Lane.
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