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Beecher 60401
432 Fairway Drive
$30,000
● Land - Off Market

432 Fairway Drive

Beecher, IL 60401
bedrooms
Studio
bathrooms
0 Bath
$316
Est. Monthly

About This Property

Great opportunity to build your dream home on Fairway Drive which is  filled with other large homes in a great location. This large lot backs up to Cardinal Creek Golf Course and is located next to #9 North Course. Water, sewer, electric, and gas is to the site so it is ready to build.
Unit Size
-
Days on Market
-
Land Size
0.37 acres
Price per sqft
-
Property Type
Land
Property Taxes
$168
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 #12161734)

Price History

Date / Event Date Event Price
Oct 23, 2024 Sold
Premium
Sold
Sep 19, 2024 In contract -
In contract
Sep 11, 2024 Listed by Coldwell Banker Realty $30,000
Listed by Coldwell Banker 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: 16,041
  • 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: 0000000370
  • Standard Land Use Code: 8001
  • County Land Use Code: 0030
  • Legal Description 1: LOT 36 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: 22-22-16-402-065
  • Lot: 36
  • Meridian: SEC 16 TWN 33N RNG 14E
  • Municipality: WASHINGTON
  • Latitude: 41.3449
  • Longitude: -87.6195

    Address

  • Full Address: 432 Fairway Dr
  • Address - House Number: 432
  • 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: $173,846
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 2201

    Market Valuation

  • Market Total Value: $60,921
  • Market Land Value: $60,921

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,307
  • Assessed Land Value: $20,307

    Sales

  • Current Sale Contract Date: Jul 17, 1998
  • Current Sale Recording Date: Jul 28, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 41
  • Current Sale Input Document Number: R98-086177
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:

$324,900

Sale Price/ft²

$172

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1986 ft²

Average Home Age

29.3 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

Rentals Near You

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MRED

Listed by: Scott Wehling, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 12161734
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 432 Fairway Drive built and last sold?
The property at 432 Fairway Drive was built in and last sold on Jul 17, 1998 for $90,000.
How much is this home worth?
The estimated value of the home located at 432 Fairway Drive is $30,300.
What are some comparable homes to 432 Fairway Drive?
There are currently no comparable homes to 432 Fairway Drive.
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