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Beecher 60401
371 Fairway Drive
$10,000
● Land - Off Market

371 Fairway Drive

Beecher, IL 60401
bedrooms
Studio
bathrooms
0 Bath
$12,020
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

FANTASTIC Lot just off the golf course! Beautiful homes in surrounding area. Prime Beecher location!! Your dream home starts here!! Earnest money must be a cashier check, please see earnest money instructions under additional tab.
Unit Size
-
Days on Market
-
Land Size
0.45 acres
Price per sqft
-
Property Type
Land
Property Taxes
$31
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: 3 years ago (MRED MLS #09997581)

Price History

Date / Event Date Event Price
Jun 14, 2023 Sold
Premium
Sold
Jun 25, 2018 Listed by Century 21 Pride Realty $12,000
Listed by Century 21 Pride Realty

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: 19,725
  • 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: V
  • Subdivision: AMENDED HIGHLINGTON ESTATES
  • Land Acres: 0000000450
  • Standard Land Use Code: 8001
  • County Land Use Code: 0030
  • Legal Description 1: LOT 5 IN AMENDED HIGHLINGTON ESTATES SUB, BEING A SUB OF PRT OF THE S3/4'S OF THE SE1/4 IN SEC. 16, T33N-R14E.

Neighborhood

  • School District Name: Beecher Community Unit School District 200U
  • Census Tract: 883902

Geography

  • Parcel: 22-22-16-402-051
  • Lot: 5
  • Meridian: SEC 16 TWN 33N RNG 14E
  • Municipality: WASHINGTON
  • Latitude: 41.3452
  • Longitude: -87.6179

    Address

  • Full Address: 371 Fairway Dr
  • Address - House Number: 371
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Beecher
  • Carrier Code: R005
  • 4-Digit Zip Code: 3141
  • Zip Code: 60401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $35,030
  • Tax Rate Code Area: 2201

    Market Valuation

  • Market Total Value: $12,252
  • Market Land Value: $12,252

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,084
  • Assessed Land Value: $4,084

    Sales

  • Current Sale Contract Date: May 08, 2023
  • Current Sale Recording Date: Jun 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 29862
  • Previous Sale Recording Date: Mar 09, 2005
  • Previous Sale Contract Date: Feb 18, 2005
  • Previous Sale Amount: $146,000
  • 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 Beecher

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$168

Below Asking

0.02%

Average Days on Market

67

Average Home Size

1868 ft²

Average Home Age

28.9 years

Currently For Sale

23 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

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MRED

Listed by: Robert Kroll, Century 21 Pride Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 09997581
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 371 Fairway Drive built and last sold?
The property at 371 Fairway Drive was built in and last sold on May 8, 2023 for $10,000.
How much is this home worth?
The estimated value of the home located at 371 Fairway Drive is $0.
What are some comparable homes to 371 Fairway Drive?
There are currently no comparable homes to 371 Fairway Drive.
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