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Lockport 60441
516 Table Street
$263,500
● House - Off Market

516 Table Street

Lockport, IL 60441
bedrooms
3 Beds
bathrooms
1 Bath
square feet
816 Ft²
$1,528
Est. Monthly
11.66%
Cap Rate

About This Property

This NEWLY REMODELED and GREAT LOCATION of this ranch home which has a lot to offer!!!  NEW FLOORING throughout/ ALL NEW WINDOWS/ NEW A/C UNIT & FURNACE/ FRESHLY PAINTED/ ALL NEW HARDWARE/ NEW LEDGER STONE WALL W/ NEW ELECTRIC FIREPLACE/ ALL NEW STAINLESS STEEL APPLIANCES/ NEW CABINETS/ NEW GRANITE COUNTERTOPS/ BEANEW TANKLESSUTIFULLY TILED NEW SHOWER and  a NEW HEATED BATHROOM FLOOR/ NEW TANKLESS WATER HEATER/ NEW ELECTRICAL PANEL/ NEW SIDING ON THE HOUSE!!!!! The large backyard is great for entertaining and has a fire pit along with a covered patio area. Easy walk to the HIGHLY RATED schools and close to downtown LOCKPORT with many restaurants and shops.  Close to I-355/ I-80/ I-55.........
Unit Size
816 Ft²
Days on Market
-
Land Size
-
Price per sqft
$325
Property Type
House
Property Taxes
$227
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.

Property Highlights

Garage
Air Conditioning

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: 8,423
  • 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: RUNYON'S ADDITION
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 2 BLOCK 18 IN RUNYON'S ADDITION TO LOCKPORT, BEING A SUB OF PRT OF SEC. 24, T36N-R10E, TOGETHER WITH: THE N1/2 OF THE VAC

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 880502

Geography

  • Parcel: 11-04-14-405-002
  • Block: 18
  • Lot: 2
  • Meridian: SEC 24 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.6031
  • Longitude: -88.0494

    Address

  • Full Address: 516 Table St
  • Address - House Number: 516
  • Address - Street Name: Table
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lockport
  • Carrier Code: C018
  • 4-Digit Zip Code: 2660
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $254,176
  • Tax Rate Code Area: 1115

    Appraisal Valuation

  • Standard Deviation: 0.1151
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 87
  • Final Value: 169,103
  • High Value: 188,570
  • Low Value: 149,635

    Market Valuation

  • Market Total Value: $128,172
  • Market Land Value: $58,827
  • Market Improvement Value: $69,345

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,724
  • Assessed Land Value: $19,609
  • Assessed Improvements Value: $23,115

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 26, 1987
  • Current Sale Recording Date: Oct 26, 1987
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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 Lockport

Stats & Trends

Median Asking:

$383,170

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1973 ft²

Average Home Age

32.3 years

Currently For Sale

65 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

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MRED

Listed by: Dominick Clarizio, @properties Christie's International Real Estate
Data Source: MRED, MLS# MRD12348067
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 516 Table Street built and last sold?
The property at 516 Table Street was built in and last sold on Oct 26, 1987 for $36,000.
How much is this home worth?
The estimated value of the home located at 516 Table Street is $263,457.
What are some comparable homes to 516 Table Street?
There are currently no comparable homes to 516 Table Street.
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