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Braidwood 60408
366 Orchard Lane
$220,000
● House - Off Market

366 Orchard Lane

Braidwood, IL 60408
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,300 Ft²
$1,376
Est. Monthly
12.03%
Cap Rate

About This Property

Welcome to this cozy and inviting home! The fireplace definitely adds a touch of warmth and charm, perfect for those movie nights. With a large eat-in kitchen, you can host gatherings and entertain friends and family with ease. Plus, the spacious backyard opens up endless opportunities for creating your dream outdoor space - whether it's a garden, a pool, or an outdoor kitchen.  It's wonderful to have such versatile options to make the place uniquely yours. Currently the lowest priced 3 bedroom home in Braidwood! Don't wait...bring us your offer today!
Unit Size
1,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$169
Property Type
House
Property Taxes
$295
HOA Dues
-
Year Built
-

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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 #12288324)

Price History

Date / Event Date Event Price
Apr 7, 2025 Sold
Premium
Sold
Feb 16, 2025 In contract -
In contract
Feb 11, 2025 Listed by Hexagon Real Estate $220,000
Listed by Hexagon Real Estate

Property Highlights

Building Info

Overview

    General

  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,328
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRYSIDE ORCHARD
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: TRACT 2 LOT 10 IN COUNTRYSIDE ORCHARD, A SUB PRT OF THE W1/2 NW1/4 OF SEC 17, T32N-R9E.(EX THE FOLLOWING TRACT OF LAND: THAT

Neighborhood

  • School District Name: Reed Custer Community Unit School District 255U
  • Census Tract: 884004

Geography

  • Subdivision Tract Number: 2
  • Parcel: 02-24-17-104-018
  • Lot: 10
  • Meridian: SEC 17 TWN 32N RNG 09E
  • Municipality: REED TWP
  • Latitude: 41.2579
  • Longitude: -88.2247

    Address

  • Full Address: 366 Orchard Ln
  • Address - House Number: 366
  • Address - Street Name: Orchard
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Braidwood
  • Carrier Code: R002
  • 4-Digit Zip Code: 2105
  • Zip Code: 60408

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $328,562
  • Tax Rate Code Area: 0207

    Appraisal Valuation

  • Standard Deviation: 0.1759
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 77
  • Final Value: 208,803
  • High Value: 245,544
  • Low Value: 172,062

    Market Valuation

  • Market Total Value: $160,899
  • Market Land Value: $27,198
  • Market Improvement Value: $133,701

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,633
  • Assessed Land Value: $9,066
  • Assessed Improvements Value: $44,567

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 12, 2022
  • Current Sale Recording Date: Jul 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 55984
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 Braidwood

Stats & Trends

Median Asking:

$269,000

Sale Price/ft²

$194

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1221 ft²

Average Home Age

26.3 years

Currently For Sale

21 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

Rentals Near You

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MRED

Listed by: Cynthia Klein, Hexagon Real Estate
Last Updated: 2 years ago
Data Source: MRED, MLS# 12288324
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 366 Orchard Lane built and last sold?
The property at 366 Orchard Lane was built in and last sold on Jul 12, 2022 for $168,000.
How much is this home worth?
The estimated value of the home located at 366 Orchard Lane is $225,276.
What are some comparable homes to 366 Orchard Lane?
There are currently no comparable homes to 366 Orchard Lane.
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