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New Lenox 60451
509 Beech
$370,000
● House - Off Market

509 Beech

NEW LENOX, IL 60451
bedrooms
4 Beds
bathrooms
3 Baths
$725,108
RealtyHop Estimate
91.88%
Since Sep 1, 2008
National-US
Primary Model

About This Property

Oversized "Wildwood Estates" 4 BR 3 bath NO STEP nip 'n tuck ranch about 3000 sq ft! 3 car garage!!  Approx 2000 sq ft bsmt w/ high ceilings! Hardwood floors, granite kitchen w/brkfst bar! 2-Story Fam Rm w/frplc. Gracious BRS, W/I closets, MBR Bath w/all the trimmin's! Dynamite deck (approx 800 sq ft). Fido & Fifi will love the doggie door, large cedar fenced yard, and the well known walking "Plank Trail" nearby.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$654
HOA Dues
-
Year Built
1990

Payment Calculator

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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.

Property Highlights

Air Conditioning
Fireplace
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Total Rooms: 8
  • Bedroom Count: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 12,150
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 900
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILDWOOD CLUB ESTATES UNIT 3
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 72 IN WILDWOOD CLUB ESTATES UNIT 3, BEING A SUB OF PRT OF THE E1/2 OF THE NW1/4 OF SEC. 21 T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881111

Geography

  • Parcel: 15-08-21-109-023
  • Lot: 72
  • Meridian: SEC 21 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5079
  • Longitude: -87.9767

    Address

  • Full Address: 509 Beech Ln
  • Legal Unit: 3
  • Address - House Number: 509
  • Address - Street Name: Beech
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: New Lenox
  • Carrier Code: C007
  • 4-Digit Zip Code: 3324
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,215,682
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.1459
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 524,376
  • High Value: 600,928
  • Low Value: 447,824

    Market Valuation

  • Market Total Value: $439,497
  • Market Land Value: $89,583
  • Market Improvement Value: $349,914

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $146,499
  • Assessed Land Value: $29,861
  • Assessed Improvements Value: $116,638

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 12, 2008
  • Current Sale Recording Date: Sep 10, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2008112926
  • Previous Sale Recording Date: Dec 18, 2001
  • Previous Sale Contract Date: Nov 28, 2001
  • Previous Sale Amount: $275,000
  • 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 New Lenox

Stats & Trends

Median Asking:

$439,900

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2159 ft²

Average Home Age

30.3 years

Currently For Sale

38 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 1013 Stonegate Road, New Lenox, IL, 60451

$3,250 /mo

  • 3 Beds
  • 3 Baths
  • 1,600 ft²
1013 Stonegate Road, New Lenox, IL, 60451 Listing by Jessica Eiler

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Laura Alberts, ABR, Coldwell Banker Residential
Data Source: MRED, MLS# MRD06841487
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 509 Beech Lane built and last sold?
The property at 509 Beech Lane was built in 1990 and last sold on May 12, 2008 for $370,000.
How much is this home worth?
The estimated value of the home located at 509 Beech Lane is $381,679.
What are some comparable homes to 509 Beech Lane?
There are currently no comparable homes to 509 Beech Lane.
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