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Frankfort 60423
365 Butternut Trail
$600,000
● House - Off Market

365 Butternut Trail

Frankfort, IL 60423
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,490 Ft²
$618,290
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Need a ranch home with related living!???  HERE IT IS!!! Glamour galore in this gorgeous ranch! This 4 bedroom - 4 bath beauty has THE PERFECT floor plan. Cozy up with a book in front of the fireplace or enjoy the spacious primary bedroom retreat with dressing area and soaker tub. Easily tone down the style and let the architectural features shine! Vaulted ceilings and a gorgeous sunroom overlook this almost acre lot in Prestigious Butternut Creek Woods. Convenient to Award Winning Schools and all that Frankfort & New Lenox has to offer!  Full basement await all of your ideas and dreams.  Design renderings showing cosmetic updates making this a modernized dream home! Spacious home with a great floor plan!  Estate Sale Property Sold As Is!
Unit Size
4,490 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$134
Property Type
House
Property Taxes
$1,696
HOA Dues
$10
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 #11711692)

Price History

Date / Event Date Event Price
Mar 1, 2023 Sold
Premium
Sold
Feb 2, 2023 Listed by Baird & Warner $600,000
Listed by Baird & Warner

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 2
  • Construction Type: 17
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 754
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,173
  • Total Building Area: 4,490
  • Building Area: 4,490
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 4,490
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BUTTERNUT CREEK WOODS
  • Land Acres: 0000000900
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 93 IN BUTTERNUT CREEK WOODS UNIT 3, BEING A SUB IN THE E1/2 OF THE SE1/4 OF SEC 20, T35N-R12E

Neighborhood

  • School District Name: Frankfort Community Consolidated School District 157C
  • Census Tract: 883515

Geography

  • Parcel: 19-09-20-402-004
  • Lot: 93
  • Meridian: SEC 20 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.5052
  • Longitude: -87.8727

    Address

  • Full Address: 365 Butternut Trl
  • Legal Unit: 3
  • Address - House Number: 365
  • Address - Street Name: Butternut
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Frankfort
  • Carrier Code: C003
  • 4-Digit Zip Code: 1091
  • Zip Code: 60423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,010,364
  • Tax Rate Code Area: 1965

    Appraisal Valuation

  • Standard Deviation: 0.1581
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 849,957
  • High Value: 984,338
  • Low Value: 715,575

    Market Valuation

  • Market Total Value: $874,812
  • Market Land Value: $134,910
  • Market Improvement Value: $739,902

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $291,604
  • Assessed Land Value: $44,970
  • Assessed Improvements Value: $246,634

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 01, 2023
  • Current Sale Recording Date: Mar 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 10348
  • Previous Sale Recording Date: Sep 22, 1997
  • Previous Sale Contract Date: Sep 16, 1997
  • Previous Sale Amount: $100,000
  • 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 Frankfort

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$218

Below Asking

0.01%

Average Days on Market

46

Average Home Size

3363 ft²

Average Home Age

25.3 years

Currently For Sale

60 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 11105 Denny Avenue, Mokena, IL, 60448

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,566 ft²
11105 Denny Avenue, Mokena, IL, 60448 Listing by Stacie McGlone

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dana Wingate, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11711692
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 365 Butternut Trail built and last sold?
The property at 365 Butternut Trail was built in 1998 and last sold on Mar 1, 2023 for $600,000.
How much is this home worth?
The estimated value of the home located at 365 Butternut Trail is $624,745.
What are some comparable homes to 365 Butternut Trail?
There are currently no comparable homes to 365 Butternut Trail.
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