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Will 60451
515 Old Hickory Road
$259,900
● House - Off Market

515 Old Hickory Road

New Lenox, IL 60451
bedrooms
3 Beds
bathrooms
1 Bath
square feet
950 Ft²
$1,717
Est. Monthly
10.20%
Cap Rate

About This Property

Updated Ranch in New Lenox- Welcome Home! New popular LVT flooring, carpet and freshly painted throughout. Brand new roof and HVAC. Full basement. 2 Car attached garage. This is a must see! Close to all accommodations including schools, parks, shops, restaurants and more! Not for rent or lease.
Unit Size
950 Ft²
Days on Market
-
Land Size
-
Price per sqft
$274
Property Type
House
Property Taxes
$440
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: 2 years ago (MRED MLS #12263511)

Price History

Date / Event Date Event Price
Feb 7, 2025 Sold
Premium
Sold
Jan 12, 2025 In contract -
In contract
Jan 2, 2025 Listed by Grandview Realty, LLC $259,900
Listed by Grandview Realty, LLC

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: 16,597
  • 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: R
  • Subdivision: ELMDALE
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: THAT PRT OF LOT 3 4 IN ELMDALE SUB, DAF: BEG AT A PT IN THE S LN OF LOT 4, THAT IS A CHORD DIST OF 25.19 FT NW'LY OF THE SE

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881107

Geography

  • Parcel: 15-08-17-202-008
  • Lot: 3
  • Municipality: NEW LENOX
  • Latitude: 41.5204
  • Longitude: -87.9864

    Address

  • Full Address: 515 Old Hickory Rd
  • Address - House Number: 515
  • Address - Street Name: Old Hickory
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: New Lenox
  • Carrier Code: C008
  • 4-Digit Zip Code: 1650
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $500,756
  • Tax Rate Code Area: 1520

    Appraisal Valuation

  • Standard Deviation: 0.1151
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 87
  • Final Value: 258,560
  • High Value: 288,326
  • Low Value: 228,794

    Market Valuation

  • Market Total Value: $198,102
  • Market Land Value: $58,434
  • Market Improvement Value: $139,668

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,034
  • Assessed Land Value: $19,478
  • Assessed Improvements Value: $46,556

    Exemptions

  • Homeowner Exemption: Yes
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 Will

Stats & Trends

Median Asking:

$389,488

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2383 ft²

Average Home Age

31.4 years

Currently For Sale

1505 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 122 Gall Lane, New Lenox, IL, 60451

$2,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,150 ft²
122 Gall Lane, New Lenox, IL, 60451 Listing by Micah Kirstein

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Christopher Lobrillo, Grandview Realty, LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12263511
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 515 Old Hickory Road built and last sold?
The property at 515 Old Hickory Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 515 Old Hickory Road is $0.
What are some comparable homes to 515 Old Hickory Road?
There are currently no comparable homes to 515 Old Hickory Road.
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