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Antioch 60002 Depot Landings
40 Burnette Drive
$350,000
● House - Off Market

40 Burnette Drive

Antioch, IL 60002
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,925 Ft²
$385,487
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Ready to move in clean, maintenance free, 4 Bedroom Home in Desirable Depot Landing Subdivision.  Builders home with 2 x 6 exterior walls, large 3 plus car insulated Garage ready for heating.  Brick front with stone accents.  Wood Burning, Gas Starting Fireplace.  Master Bedroom has large walk in closet and Jetted tub and an additional shower. Master Bedroom and living room have tray ceilings.   Three full baths.  Large wooded back yard with deck.  Additional room in lower level can be a bedroom/office/workout room.  Subdivision is across from the Tim Osmond Sports Complex.  Walking distance to town and train.
Unit Size
2,925 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$120
Property Type
House
Property Taxes
$874
HOA Dues
$38
Year Built
2005

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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 #11212672)

Price History

Date / Event Date Event Price
Dec 2, 2021 Sold
Premium
Sold
Sep 8, 2021 Listed by Berg Properties $349,900
Listed by Berg Properties

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,057
  • Garage Type: 1
  • Garage Square Area: 962
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Total Building Area: 3,076
  • Gross Building Area: 3,076
  • Building Area: 2,019
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,019
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEPOT LANDINGS
  • Land Acres: 0000000520
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: DEPOT LANDINGS; LOT 6

Neighborhood

  • School District Name: Antioch Community High School District 117
  • Census Tract: 860813

Geography

  • Assessors Map Reference: 2358-A6
  • District: ANTIOCH
  • Parcel: 02-08-205-080
  • Lot: 6
  • Municipality: TWP OF ANTIOCH
  • Latitude: 42.4822
  • Longitude: -88.0824

    Address

  • Full Address: 40 Burnette Dr
  • Address - House Number: 40
  • Address - Street Name: Burnette
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Antioch
  • Carrier Code: C005
  • 4-Digit Zip Code: 2614
  • Zip Code: 60002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,127,370
  • Tax Rate Code Area: 4034

    Appraisal Valuation

  • Standard Deviation: 0.154
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 81
  • Final Value: 396,021
  • High Value: 457,019
  • Low Value: 335,023

    Market Valuation

  • Market Total Value: $328,218
  • Market Land Value: $28,254
  • Market Improvement Value: $299,964

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,395
  • Assessed Land Value: $9,417
  • Assessed Improvements Value: $99,978

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Dec 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7856744
  • Previous Sale Recording Date: Jul 25, 2003
  • Previous Sale Contract Date: Jul 24, 2003
  • Previous Sale Amount: $64,000
  • 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 Depot Landings

Stats & Trends

Median Asking:

$424,450

Sale Price/ft²

$131

Above Asking

0.00%

Average Days on Market

38

Average Home Size

3413 ft²

Average Home Age

21 years

Currently For Sale

0 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: Colleen Berg, Berg Properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11212672
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 40 Burnette Drive built and last sold?
The property at 40 Burnette Drive was built in 2005 and last sold on Nov 19, 2021 for $350,000.
How much is this home worth?
The estimated value of the home located at 40 Burnette Drive is $353,399.
What are some comparable homes to 40 Burnette Drive?
There are currently no comparable homes to 40 Burnette Drive.
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