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Cook 60439
56 Brookside Drive
$200,000
● Land - Off Market

56 Brookside Drive

LEMONT, IL 60439
bedrooms
Studio
bathrooms
0 Bath
$448,380
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

**Amazing vacant land opportunity to build your dream custom home**  All of the prep work has been done.  Simply get your plans approved.  Large 1.28 acre lot in one of Lemont's most prestigious subdivisions. Nestled amongst Forest Preserves, this exclusive equestrian community with barn and stables nearby offers privacy and natural scenery while being only 35 minutes from Chicago.  Metra station 5 mins away.  Don't pass this opportunity up to build in this horse-friendly subdivision!  UPON REQUEST, SELLER IS PROVIDING ALL AVAILABLE REPORTS: ENGINEERING/SOIL SAMPLE RESULTS, TOPOGRAPHY MAP, SURVEY, PERMIT SPECIFICATIONS AND BUILDING PLANS.
Unit Size
-
Days on Market
-
Land Size
1.28 acres
Price per sqft
-
Property Type
Land
Property Taxes
$248
HOA Dues
-
Year Built
-

Payment Calculator

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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 #09340205)

Price History

Date / Event Date Event Price
Apr 28, 2017 Sold
Premium
Sold
Sep 12, 2016 Listed by Coldwell Banker Residential $275,000
Listed by Coldwell Banker Residential

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: 58,370
  • Lot Size Depth Feet: 3,760
  • Lot Size Frontage Feet: 1,600
  • 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: V
  • Subdivision: EQUESTRIAN ESTATES UNIT1
  • Land Acres: 0000001340
  • Standard Land Use Code: 8000
  • County Land Use Code: 2-41
  • Legal Description 1: (EQUESTRIAN) ESTATES (UNIT1) SUB OF PT LT7 IN COUNTY CLERKS DIVISION OF SW SEC 24-37-11

Neighborhood

  • School District Name: Lemont Township High School District 210
  • Census Tract: 824004

Geography

  • District: 19
  • Parcel: 22-24-202-004-0000
  • Lot: 7
  • Meridian: SEC 24 TWN 37N RNG 11E
  • Municipality: LEMONT
  • Latitude: 41.6817
  • Longitude: -87.9223

    Address

  • Full Address: 56 Brookside Dr
  • Legal Unit: 1
  • Address - House Number: 56
  • Address - Street Name: Brookside
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lemont
  • Carrier Code: R008
  • 4-Digit Zip Code: 7710
  • Zip Code: 60439

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $361,788
  • Tax Rate Code Area: 19002

    Market Valuation

  • Market Total Value: $189,800
  • Market Land Value: $189,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,980
  • Assessed Land Value: $18,980

    Sales

  • Current Sale Contract Date: Dec 22, 2020
  • Current Sale Recording Date: Jan 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2102917110
  • Previous Sale Recording Date: May 04, 2017
  • Previous Sale Contract Date: Apr 27, 2017
  • Previous Sale Amount: $200,000
  • 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 Cook

Stats & Trends

Median Asking:

$370,000

Sale Price/ft²

$240

Above Asking

2.04%

Average Days on Market

45

Average Home Size

1506 ft²

Average Home Age

65.2 years

Currently For Sale

8980 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 12838 Artesian Street, Lemont, IL, 60439

$3,200 /mo

  • 3 Beds
  • 2 Baths
12838 Artesian Street, Lemont, IL, 60439 Listing by Grazyna Pawlikowski

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Coldwell Banker Residential
Last Updated: 3 years ago
Data Source: MRED, MLS# 09340205
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 56 Brookside Drive built and last sold?
The property at 56 Brookside Drive was built in and last sold on Dec 22, 2020 for $235,000.
How much is this home worth?
The estimated value of the home located at 56 Brookside Drive is $0.
What are some comparable homes to 56 Brookside Drive?
There are currently no comparable homes to 56 Brookside Drive.
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