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Palos Park 60464
35 BROOK Lane
$345,000
● House - Off Market

35 BROOK Lane

Palos Park, IL 60464
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,454 Ft²
$2,443
Est. Monthly
$240
HOA / Fees
5.40%
Cap Rate

About This Property

SOLD ON THE PRIVATE NETWORK. BEAUTIFULLY DESIGNED 3 BEDROOM TOWNHOME ON A WALKOUT BASEMENT. SITUATED ON A PREMIUM LOT WITH POND VIEWS, PAVER PATIO AND DECK.
Unit Size
2,454 Ft²
Days on Market
-
Land Size
-
Price per sqft
$143
Property Type
House
Property Taxes
$484
HOA Dues
$240
Year Built
1978

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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
With View

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 10
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,527
  • Total Building Area: 2,454
  • Gross Building Area: 2,454
  • Building Area: 2,454
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,454
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COMMONS OF PALOS PARK PHASE1
  • Land Acres: 0000000058
  • Standard Land Use Code: 1002
  • County Land Use Code: 2-95
  • Legal Description 1: THE (COMMONS) OF (PALOS) PARK (PHASE1) BEING SUB OF P T OF SH NE SEC 26-37-12

Neighborhood

  • School District Name: Consolidated High School District 230
  • Census Tract: 823903

Geography

  • District: 30
  • Subdivision Phase Number: 1
  • Parcel: 23-26-201-031-0000
  • Lot: 25
  • Meridian: SEC 26 TWN 37N RNG 12E
  • Municipality: PALOS
  • Latitude: 41.6696
  • Longitude: -87.8175

    Address

  • Full Address: 35 Brook Ln
  • Address - House Number: 35
  • Address - Street Name: Brook
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Palos Park
  • Carrier Code: C032
  • 4-Digit Zip Code: 1293
  • Zip Code: 60464

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $580,458
  • Tax Rate Code Area: 30011

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 414,178
  • High Value: 508,751
  • Low Value: 319,604

    Market Valuation

  • Market Total Value: $330,000
  • Market Land Value: $9,480
  • Market Improvement Value: $320,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,000
  • Assessed Land Value: $948
  • Assessed Improvements Value: $32,052
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 Palos Park

Stats & Trends

Median Asking:

$644,900

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

38

Average Home Size

4456 ft²

Average Home Age

42.4 years

Currently For Sale

18 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 10956 S 76th Avenue, Palos Hills, IL, 60465

$2,450 /mo

  • 2 Beds
  • 1 Bath
  • 1,500 ft²
10956 S 76th Avenue #F, Palos Hills, IL, 60465 Listing by Halina Wisniewska

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kevin Burke, RE/MAX 10
Data Source: MRED, MLS# MRD12300651
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 35 Brook Lane built and last sold?
The property at 35 Brook Lane was built in 1978 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 35 Brook Lane is $0.
What are some comparable homes to 35 Brook Lane?
There are currently no comparable homes to 35 Brook Lane.
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