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Lemont 60439
424 Schultz Street
$480,000
● House - Off Market

424 Schultz Street

Lemont, IL 60439
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,980 Ft²
$525,435
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Spacious home in historic Lemont has 2980 sq ft 4 bedroom, 2.1 bath with extra deep gorgeous lot with beautiful oak trees. Hardwood floors Granite countertops, canned lights, large breakfast room, family room off kitchen with fireplace! Master bedroom has private jacuzzi and walk-in closet. Second floor laundry. Large bedrooms with extra deep closets.   3 car tandem garage with service door! Covered patio with brick pavers in the back of home, this is definitely a must see to appreciate this large home!
Unit Size
2,980 Ft²
Days on Market
-
Land Size
-
Price per sqft
$167
Property Type
House
Property Taxes
$563
HOA Dues
-
Year Built
1986

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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 #11274770)

Price History

Date / Event Date Event Price
Feb 28, 2022 Sold
Premium
Sold
Dec 13, 2021 Listed by Berkshire Hathaway HomeServices Chicago $499,000
Listed by Berkshire Hathaway HomeServices Chicago

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,200
  • Total Building Area: 2,980
  • Gross Building Area: 2,980
  • Building Area: 2,980
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,980
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLVIEW ESTATES UNIT3
  • Land Acres: 0000000441
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (HILLVIEW) ESTATES (UNIT3) RESUB OF LTS3-4 IN COUNTY CLERKS DIVN OF SEC 29-37-11

Neighborhood

  • School District Name: Lemont Township High School District 210
  • Census Tract: 824003

Geography

  • District: 19
  • Parcel: 22-29-233-033-0000
  • Lot: 3,4
  • Meridian: SEC 29 TWN 37N RNG 11E
  • Municipality: LEMONT
  • Latitude: 41.6673
  • Longitude: -87.993

    Address

  • Full Address: 424 Schultz St
  • Legal Unit: 3
  • Address - House Number: 424
  • Address - Street Name: Schultz
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lemont
  • Carrier Code: C002
  • 4-Digit Zip Code: 4346
  • Zip Code: 60439

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $681,825
  • Tax Rate Code Area: 19006

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 498,312
  • High Value: 600,324
  • Low Value: 396,300

    Market Valuation

  • Market Total Value: $470,000
  • Market Land Value: $124,800
  • Market Improvement Value: $345,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,000
  • Assessed Land Value: $12,480
  • Assessed Improvements Value: $34,520

    Sales

  • Current Sale Contract Date: Feb 14, 2022
  • Current Sale Recording Date: Mar 01, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2206034148
  • Previous Sale Recording Date: Jan 16, 2014
  • Previous Sale Contract Date: Dec 30, 2013
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: 71

    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 Lemont

Stats & Trends

Median Asking:

$574,900

Sale Price/ft²

$254

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2607 ft²

Average Home Age

28.7 years

Currently For Sale

51 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 14 Timberline Court, Lemont, IL, 60439

$3,500 /mo

  • 4 Beds
  • 4 Baths
  • 1,803 ft²
14 Timberline Court, Lemont, IL, 60439 Listing by Christina Barbaro

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Karyn McAdams, Berkshire Hathaway HomeServices Chicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11274770
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 424 Schultz Street built and last sold?
The property at 424 Schultz Street was built in 1986 and last sold on Feb 14, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 424 Schultz Street is $518,695.
What are some comparable homes to 424 Schultz Street?
There are currently no comparable homes to 424 Schultz Street.
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