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Golf 60029
57 Park Lane
$795,000
● House - Off Market

57 Park Lane

Golf, IL 60029
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,300 Ft²
$5,183
Est. Monthly
1.09%
Cap Rate

About This Property

Great opportunity to own a ranch home in a wonderful location on 1/2 acre lot. Rehab this fantastic home or opportunity to rebuild. SOLD "AS IS"
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$346
Property Type
House
Property Taxes
$1,279
HOA Dues
-
Year Built
1963

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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: 2 years ago (MRED MLS #12169706)

Price History

Date / Event Date Event Price
Nov 18, 2024 Sold
Premium
Sold
Oct 1, 2024 Listed by @properties Christie's International Real Estate $795,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 11
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,362
  • Total Building Area: 2,127
  • Gross Building Area: 2,127
  • Building Area: 2,127
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,127
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KISSOCK & LUTTER
  • Land Acres: 0000000422
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04
  • Legal Description 1: (KISSOCK) & (LUTTER) RESUB OF PTS OF LTS 74-75 IN GOL F SUB IN PTS OF SEC 7-41-13 SEC 07-41-13

Neighborhood

  • School District Name: Northfield Township High School District 225
  • Census Tract: 808600

Geography

  • District: 24
  • Parcel: 10-07-409-062-0000
  • Lot: 74,75
  • Meridian: SEC 07 TWN 41N RNG 13E
  • Municipality: NILES
  • Latitude: 42.056
  • Longitude: -87.7892

    Address

  • Full Address: 57 Park Ln
  • Address - House Number: 57
  • Address - Street Name: Park
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Golf
  • Carrier Code: R777
  • 4-Digit Zip Code: 3109
  • Zip Code: 60029

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,535,090
  • Tax Rate Code Area: 24009

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 757,632
  • High Value: 930,630
  • Low Value: 584,634

    Market Valuation

  • Market Total Value: $696,000
  • Market Land Value: $201,980
  • Market Improvement Value: $494,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,600
  • Assessed Land Value: $20,198
  • Assessed Improvements Value: $49,402
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 Golf

Stats & Trends

Median Asking:

$1,374,500

Sale Price/ft²

$372

Above Asking

0.00%

Average Days on Market

42

Average Home Size

3620 ft²

Average Home Age

64.5 years

Currently For Sale

0 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: Mary Marcus, @properties Christie's International Real Estate
Last Updated: 2 years ago
Data Source: MRED, MLS# 12169706
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 57 Park Lane built and last sold?
The property at 57 Park Lane was built in 1963 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 57 Park Lane is $0.
What are some comparable homes to 57 Park Lane?
There are currently no comparable homes to 57 Park Lane.
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