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Hinckley 60520 Prairie View
411 MEADOW Lane
$411,000
● House - Off Market

411 MEADOW Lane

Hinckley, IL 60520
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$2,636
Est. Monthly
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$206
Property Type
House
Property Taxes
$617
HOA Dues
-
Year Built
1999

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Cap Rate Calculator

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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
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Full Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 800
  • Total Building Area: 0
  • Building Area: 2,000
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRAIRIE VIEW
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: PRAIRIE VIEW UNIT 2 LOT 57

Neighborhood

  • School District Name: Hinckley-Big Rock Community Unit School District 429
  • Census Tract: 001700

Geography

  • Account Number: 1515203020
  • District: SQ
  • Parcel: 15-15-203-020
  • Lot: 57
  • Municipality: SQUAW GROVE
  • Latitude: 41.7738
  • Longitude: -88.6476

    Address

  • Full Address: 411 Meadow Ln
  • Legal Unit: 2
  • Address - House Number: 411
  • Address - Street Name: Meadow
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hinckley
  • Carrier Code: R002
  • 4-Digit Zip Code: 9214
  • Zip Code: 60520

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $673,494
  • Tax Rate Code Area: SQ06

    Appraisal Valuation

  • Standard Deviation: 0.1651
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 329,785
  • High Value: 384,252
  • Low Value: 275,317

    Market Valuation

  • Market Total Value: $289,389
  • Market Land Value: $59,943
  • Market Improvement Value: $229,446

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,463
  • Assessed Land Value: $19,981
  • Assessed Improvements Value: $76,482

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 09, 2010
  • Current Sale Recording Date: Apr 12, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2010004059
  • Previous Sale Recording Date: Dec 11, 2009
  • Previous Sale Contract Date: Nov 12, 2009
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: FIX
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 Prairie View

Stats & Trends

Median Asking:

$357,000

Sale Price/ft²

$189

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1773 ft²

Average Home Age

30 years

Currently For Sale

2 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 148 N Sycamore Street, Hinckley, IL, 60520

$1,295 /mo

  • 1 Bed
  • 1 Bath
148 N Sycamore Street #B2, Hinckley, IL, 60520 Listing by Tracy Behrens

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kelly Schmidt, Coldwell Banker Realty
Data Source: MRED, MLS# MRD12601732
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 411 Meadow Lane built and last sold?
The property at 411 Meadow Lane was built in 1999 and last sold on Mar 9, 2010 for $175,000.
How much is this home worth?
The estimated value of the home located at 411 Meadow Lane is $0.
What are some comparable homes to 411 Meadow Lane?
There are currently no comparable homes to 411 Meadow Lane.
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