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Beecher 60401
538 Country Lane
$265,000
● House - Off Market

538 Country Lane

Beecher, IL 60401
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,464 Ft²
$260,085
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

DON'T MISS OUT ON THIS SPACIOUS BRICK RAISED RANCH IN BEECHER~ 3 BEDROOMS~ 2.5 BATHS~ FRESHLY PAINTED INTERIOR WITH NEUTRAL COLORS~ LVT PLANK FLOORING THROUGH OUT THE HOME~ LOWER LEVEL FAMILY ROOM~ 1.5 CAR ATTACHED GARAGE~ LARGE LIVING ROOM W/ FIREPLACE, NICELY SIZED EAT IN KITCHEN WITH STAINLESS APPLIANCES & GRANITE COUNTERS~ DINING ROOM~ SPACIOUS BACK DECK AND LARGE YARD~ ROOF, WATER HEATER AND MOST WINDOWS NEW IN 2021~ FURNACE/AC ARE 6-7 YRS OLD~  INSULATED ATTICS~ CALL TODAY TO VIEW.
Unit Size
2,464 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$100
Property Type
House
Property Taxes
$504
HOA Dues
-
Year Built
1978

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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.

Last updated: 3 years ago (MRED MLS #11301701)

Price History

Date / Event Date Event Price
Feb 25, 2022 Sold
Premium
Sold
Jan 10, 2022 Listed by Nugent Curtis Real Estate LLC $247,000
Listed by Nugent Curtis Real Estate LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Total Rooms: 10
  • 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: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 9,855
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 730
  • 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: KNOW GRAHAMS SECOND ADDITION
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 30 IN KONOW GRAHAM'S 2ND ADDN, BEING A SUB OF THE E 1323.6 FT OF LOT 13, EXCEPT THE S 330 FT THEREOF IN SCHOOL TRUSTEE'S

Neighborhood

  • School District Name: Beecher Community Unit School District 200U
  • Census Tract: 883902

Geography

  • Parcel: 22-22-16-103-011
  • Lot: 30
  • Meridian: SEC 16 TWN 33N RNG 14E
  • Municipality: WASHINGTON
  • Latitude: 41.3492
  • Longitude: -87.6232

    Address

  • Full Address: 538 Country Ln
  • Address - House Number: 538
  • Address - Street Name: Country
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Beecher
  • Carrier Code: R777
  • 4-Digit Zip Code: 6101
  • Zip Code: 60401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $538,650
  • Tax Rate Code Area: 2201

    Appraisal Valuation

  • Standard Deviation: 0.1661
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 279,930
  • High Value: 326,447
  • Low Value: 233,413

    Market Valuation

  • Market Total Value: $206,388
  • Market Land Value: $37,341
  • Market Improvement Value: $169,047

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,796
  • Assessed Land Value: $12,447
  • Assessed Improvements Value: $56,349

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 25, 2022
  • Current Sale Recording Date: Mar 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18154
  • Previous Sale Recording Date: Jan 17, 2014
  • Previous Sale Contract Date: Jan 16, 2014
  • Previous Sale Amount: $57,447
  • Previous Sale Document Type: 68
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

66

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

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MRED

Listed by: Pamela Baron, Nugent Curtis Real Estate LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11301701
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 538 Country Lane built and last sold?
The property at 538 Country Lane was built in 1978 and last sold on Feb 25, 2022 for $265,000.
How much is this home worth?
The estimated value of the home located at 538 Country Lane is $0.
What are some comparable homes to 538 Country Lane?
There are currently no comparable homes to 538 Country Lane.
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