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Joliet 60441 Heritage Lakes
3352 Legacy Drive
$319,000
● House - Off Market

3352 Legacy Drive

Lockport, IL 60441
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
1,680 Ft²
$2,114
Est. Monthly
$42
HOA / Fees
7.34%
Cap Rate

About This Property

This is a well kept 3 bedroom 3 1/2  bathroom 2 story home in Plainfield School District. The eat in kitchen has an island for stools and also table space. With wood blinds and new carpet throughout there is a cozy living room with fireplace. Upstairs are 3 bedrooms and 2 full baths. The unfinished basement has a full bath and is waiting for your personal touch. There are endless possibilities. Large backyard is partially fenced. All mechanicals in the home are maintained yearly and the seller will include a Home Warranty. Roof is 5 years old. This home is close to shopping, restaurants and interstate. It has it all!
Unit Size
1,680 Ft²
Days on Market
-
Land Size
-
Price per sqft
$190
Property Type
House
Property Taxes
$501
HOA Dues
$42
Year Built
1998

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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.

Last updated: 3 years ago (MRED MLS #11927692)

Price History

Date / Event Date Event Price
Feb 16, 2024 Sold
Premium
Sold
Nov 9, 2023 Listed by Century 21 Circle $319,900
Listed by Century 21 Circle

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 520
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,988
  • Total Building Area: 2,200
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERITAGE LAKE ESTATES UNIT TWO
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 81 IN HERITAGE LAKE ESTATES UNIT TWO, A SUB OF PRT OF THE W1/2 SE1/4 OF SEC 24, T36N-R9E.

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880428

Geography

  • Parcel: 06-03-24-404-005
  • Lot: 81
  • Meridian: SEC 24 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5829
  • Longitude: -88.1516

    Address

  • Full Address: 3352 Legacy Dr
  • Legal Unit: 2
  • Address - House Number: 3352
  • Address - Street Name: Legacy
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lockport
  • Carrier Code: R003
  • 4-Digit Zip Code: 3957
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $601,218
  • Tax Rate Code Area: 0612

    Appraisal Valuation

  • Standard Deviation: 0.0867
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 329,078
  • High Value: 357,635
  • Low Value: 300,522

    Market Valuation

  • Market Total Value: $262,686
  • Market Land Value: $73,467
  • Market Improvement Value: $189,219

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $87,562
  • Assessed Land Value: $24,489
  • Assessed Improvements Value: $63,073

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 05, 2024
  • Current Sale Recording Date: Feb 28, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 9661
  • Previous Sale Recording Date: Jul 19, 1999
  • Previous Sale Contract Date: Jul 01, 1999
  • Previous Sale Amount: $152,000
  • 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 Heritage Lakes

Stats & Trends

Median Asking:

$402,450

Sale Price/ft²

$170

Below Asking

0.05%

Average Days on Market

29

Average Home Size

1705 ft²

Average Home Age

31 years

Currently For Sale

1 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 2338 Carnation Drive, Crest Hill, IL, 60403

$2,400 /mo

  • 2 Beds
  • 1 Bath
  • 924 ft²
2338 Carnation Drive #1, Crest Hill, IL, 60403 Listing by Jacqueline Dix

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Barbara Gall, Century 21 Circle
Last Updated: 3 years ago
Data Source: MRED, MLS# 11927692
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 3352 Legacy Drive built and last sold?
The property at 3352 Legacy Drive was built in 1998 and last sold on Feb 5, 2024 for $319,000.
How much is this home worth?
The estimated value of the home located at 3352 Legacy Drive is $323,481.
What are some comparable homes to 3352 Legacy Drive?
There are currently no comparable homes to 3352 Legacy Drive.
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