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Bolingbrook 60490
590 Red Barn Trail
$325,000
● House - Off Market

590 Red Barn Trail

Bolingbrook, IL 60490
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,608 Ft²
$327,612
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

You have found the perfect starter home!  3BR, 2.1BA, fenced yard, 2 car garage and 5 mins to I-55!  A short walk to the spectacular park. There is a recent roof, siding, furnace, garage door and water heater! All SS appliances included! 2nd floor washer & dryer. The exterior trim was painted and the deck was just stained! Relax in the heavily landscaped lot. Full mature trees and tons of plantings make this home look wonderful! Ready for you to enjoy!
Unit Size
1,608 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$196
Property Type
House
Property Taxes
$573
HOA Dues
-
Year Built
1993

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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 #11478703)

Price History

Date / Event Date Event Price
Sep 22, 2022 Sold
Premium
Sold
Jul 29, 2022 Listed by Baird & Warner $315,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,008
  • Building Area: 1,608
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,608
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD FARMS PHASE 2
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 123 IN LAKEWOOD FARMS PHASE 2, A SUB OF PRT OF THE NE1/4 OF SEC 19, T37N-R10E.

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 880125

Geography

  • Subdivision Phase Number: 2
  • Parcel: 12-02-19-207-007
  • Lot: 123
  • Meridian: SEC 19 TWN 37N RNG 10E
  • Municipality: DUPAGE
  • Latitude: 41.6771
  • Longitude: -88.1299

    Address

  • Full Address: 590 Red Barn Trl
  • Address - House Number: 590
  • Address - Street Name: Red Barn
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Bolingbrook
  • Carrier Code: R011
  • 4-Digit Zip Code: 3148
  • Zip Code: 60490

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $748,732
  • Tax Rate Code Area: 1214

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 317,422
  • High Value: 362,486
  • Low Value: 272,358

    Market Valuation

  • Market Total Value: $245,244
  • Market Land Value: $43,965
  • Market Improvement Value: $201,279

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $81,748
  • Assessed Land Value: $14,655
  • Assessed Improvements Value: $67,093

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 22, 2022
  • Current Sale Recording Date: Oct 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 73359
  • Previous Sale Recording Date: Oct 10, 2014
  • Previous Sale Contract Date: Sep 22, 2014
  • Previous Sale Amount: $182,000
  • 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 Bolingbrook

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$207

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2135 ft²

Average Home Age

36 years

Currently For Sale

106 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: Michael Zawislak, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11478703
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 590 Red Barn Trail built and last sold?
The property at 590 Red Barn Trail was built in 1993 and last sold on Sep 22, 2022 for $325,000.
How much is this home worth?
The estimated value of the home located at 590 Red Barn Trail is $0.
What are some comparable homes to 590 Red Barn Trail?
There are currently no comparable homes to 590 Red Barn Trail.
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