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Fairmont 60441
337 Connor Avenue
$205,000
● House - Off Market

337 Connor Avenue

Lockport, IL 60441
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,710 Ft²
$1,425
Est. Monthly
9.84%
Cap Rate

About This Property

Rare opportunity to own a cozy 2 bedroom 1 bath home nestled in a peaceful, naturesque neighborhood in Lockport. This home has been freshly remodeled with new paint and flooring, The kitchen has been renovated with a brand new granite counter and stainless steel appliances! The prize feature is the deck to the front entrance! A vast space gorgeous space amenable to BBQs or to sip your morning tea overlooking the serene neighborhood.  Home comes along with 3 garage spaces which can be used for storage. Enjoy short walk to the coveted and gorgeous Dellwood Park!!
Unit Size
1,710 Ft²
Days on Market
-
Land Size
-
Price per sqft
$120
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1934

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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.

Last updated: 2 years ago (MRED MLS #12196289)

Price History

Date / Event Date Event Price
Dec 9, 2024 Sold
Premium
Sold
Oct 27, 2024 In contract -
In contract
Oct 24, 2024 Listed by eXp Realty, LLC $205,000
Listed by eXp Realty, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 4
  • Garage Square Area: 722
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,920
  • Lot Size Depth Feet: 400
  • Lot Size Frontage Feet: 1,230
  • Total Building Area: 2,040
  • Building Area: 2,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DELLWOOD HIGHLANDS
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 172 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: 11-04-26-302-028
  • Lot: 172
  • Meridian: SEC 26 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5699
  • Longitude: -88.0609

    Address

  • Full Address: 337 Connor Ave
  • Address - House Number: 337
  • 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: $426,016
  • Tax Rate Code Area: 1109

    Appraisal Valuation

  • Standard Deviation: 0.1675
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 190,130
  • High Value: 221,993
  • Low Value: 158,267

    Market Valuation

  • Market Total Value: $141,210
  • Market Land Value: $44,280
  • Market Improvement Value: $96,930

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,070
  • Assessed Land Value: $14,760
  • Assessed Improvements Value: $32,310

    Sales

  • Current Sale Contract Date: Mar 09, 2007
  • Current Sale Recording Date: Mar 20, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2007043070
  • Previous Sale Recording Date: Feb 02, 2001
  • Previous Sale Contract Date: Jan 25, 2001
  • Previous Sale Amount: $92,000
  • 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 Fairmont

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$190

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1379 ft²

Average Home Age

61.3 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

Unit for rent at 220 E 15th Street, Lockport, IL, 60441

$2,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,250 ft²
220 E 15th Street #1, Lockport, IL, 60441 Listing by Daniel Walsh

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mauricio Lopez, eXp Realty, LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12196289
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 337 Connor Avenue built and last sold?
The property at 337 Connor Avenue was built in 1934 and last sold on Mar 9, 2007 for $121,500.
How much is this home worth?
The estimated value of the home located at 337 Connor Avenue is $0.
What are some comparable homes to 337 Connor Avenue?
There are currently no comparable homes to 337 Connor Avenue.
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