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Lockport 60441
520 Thornton Street
$295,000
● House - Off Market

520 Thornton Street

Lockport, IL 60441
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$303,376
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

THIS IS IT, Just roll out the WELCOME HOME mat and unpack your things!! Welcome to your new move in ready 3 bedroom 2 full bathroom tri-level home with a HUGE yard recently updated. With so much room for storage and plenty of room for entertaining you'll be the place to go for all get togethers and events. 2018 Roof, Windows, Granite Counters, Cherry Cabinets, Under Mount Sink, Lighting, Appliances, Central Air and Furnace. Upgraded electric, attic fans and ceiling fans. Newer brick paver sidewalk and softer system. Call today for your own private showing!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$422
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 #11392765)

Price History

Date / Event Date Event Price
Jun 17, 2022 Sold
Premium
Sold
May 3, 2022 Listed by Coldwell Banker Realty $299,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,625
  • Lot Size Depth Feet: 2,350
  • Lot Size Frontage Feet: 750
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANDERSONS
  • Land Acres: 0000000400
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 2 IN ANDERSONS SUB, (PREVIOUSLY KNOW AS DE TOFFOL'S SUB) A SUB OF PRT OF THE E1/2 SE1/4 OF SEC 14, T36N-R10E.

Neighborhood

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

Geography

  • Parcel: 11-04-14-423-009
  • Lot: 2
  • Meridian: SEC 14 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5976
  • Longitude: -88.0463

    Address

  • Full Address: 520 Thornton St
  • Address - House Number: 520
  • Address - Street Name: Thornton
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lockport
  • Carrier Code: C051
  • 4-Digit Zip Code: 3172
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $556,168
  • Tax Rate Code Area: 1115

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 286,294
  • High Value: 332,612
  • Low Value: 239,977

    Market Valuation

  • Market Total Value: $226,248
  • Market Land Value: $68,796
  • Market Improvement Value: $157,452

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,416
  • Assessed Land Value: $22,932
  • Assessed Improvements Value: $52,484

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 17, 2022
  • Current Sale Recording Date: Jun 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 49774
  • Previous Sale Recording Date: Sep 10, 2010
  • Previous Sale Contract Date: Sep 02, 2010
  • Previous Sale Amount: $165,000
  • 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 Lockport

Stats & Trends

Median Asking:

$380,000

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2012 ft²

Average Home Age

33.3 years

Currently For Sale

75 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: Rory Hertzberg, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11392765
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 520 Thornton Street built and last sold?
The property at 520 Thornton Street was built in and last sold on Jun 17, 2022 for $295,000.
How much is this home worth?
The estimated value of the home located at 520 Thornton Street is $0.
What are some comparable homes to 520 Thornton Street?
There are currently no comparable homes to 520 Thornton Street.
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