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Beecher 60401
412 Fairway Drive
$17,000
● Land - Off Market

412 Fairway Drive

Beecher, IL 60401
bedrooms
Studio
bathrooms
0 Bath
$25,194
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Just over half-acre lot just off the golf course! Beautiful homes in surrounding area. Prime Beecher location!! Your dream home starts here!! All utilities ran to site. Zoned residential! Low taxes!
Unit Size
-
Days on Market
-
Land Size
0.52 acres
Price per sqft
-
Property Type
Land
Property Taxes
$22
HOA Dues
-
Year Built
-

Payment Calculator

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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 #11698846)

Price History

Date / Event Date Event Price
May 8, 2023 Sold
Premium
Sold
Jan 10, 2023 Listed by Village Realty, Inc. $25,000
Listed by Village Realty, Inc.

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: 22,834
  • 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: 0000000520
  • Standard Land Use Code: 8001
  • County Land Use Code: 0030
  • Legal Description 1: LOT 34 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: 22-22-16-402-067
  • Lot: 34
  • Meridian: SEC 16 TWN 33N RNG 14E
  • Municipality: WASHINGTON
  • Latitude: 41.3445
  • Longitude: -87.619

    Address

  • Full Address: 412 Fairway Dr
  • Address - House Number: 412
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Beecher
  • Carrier Code: R005
  • 4-Digit Zip Code: 3486
  • Zip Code: 60401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,660
  • Tax Rate Code Area: 2201

    Market Valuation

  • Market Total Value: $8,616
  • Market Land Value: $8,616

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,872
  • Assessed Land Value: $2,872

    Sales

  • Current Sale Contract Date: May 08, 2023
  • Current Sale Recording Date: May 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 22576
  • Previous Sale Recording Date: May 08, 2020
  • Previous Sale Contract Date: Apr 06, 2020
  • Previous Sale Amount: $7,000
  • 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 Beecher

Stats & Trends

Median Asking:

$325,340

Sale Price/ft²

$172

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1956 ft²

Average Home Age

29.3 years

Currently For Sale

20 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: Michael Glenn, Village Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11698846
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 412 Fairway Drive built and last sold?
The property at 412 Fairway Drive was built in and last sold on May 8, 2023 for $17,000.
How much is this home worth?
The estimated value of the home located at 412 Fairway Drive is $25,250.
What are some comparable homes to 412 Fairway Drive?
There are currently no comparable homes to 412 Fairway Drive.
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