For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
New Lenox 60451
600 Southgate Road
$330,000
● House - Off Market

600 Southgate Road

New Lenox, IL 60451
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,300 Ft²
$299,082
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Light and bright, clean, well maintained, TRUE RANCH home featuring 4 bedrooms, 3 bathrooms, and a partially finished full basement, all on a corner lot! Ample storage including a heated 2 car attached garage, walk in pantry and huge 13x7 ft closet in basement, which is equipped with 4th bedroom, bathroom with shower, and laundry room. All it needs are your personal touches to finish it all off! Updates include main level walls freshly painted May 2023.  Front paver patio 2022.  Power vent furnace, life proof wood laminate flooring, light fixtures, and ceiling fans throughout main level all in 2019.  Windows 2015.  Roof, flashing, roof vents and siding 2014.  Property is being conveyed AS-IS  Pool table and workout equipment in basement stay.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$231
Property Type
House
Property Taxes
$589
HOA Dues
-
Year Built
-

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #11809822)

Price History

Date / Event Date Event Price
Jul 10, 2023 Sold
Premium
Sold
Jun 16, 2023 Listed by Compass $299,900
Listed by Compass

Property Highlights

Air Conditioning

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: 11,846
  • 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: R
  • Subdivision: WINDERMERE WEST
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 64 IN WINDERMERE WEST UNIT 2, IN THE E1/2 OF THE SW1/4 IN SEC 22, T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881113

Geography

  • Parcel: 15-08-22-313-001
  • Lot: 64
  • Meridian: SEC 22 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5038
  • Longitude: -87.9597

    Address

  • Full Address: 600 Southgate Rd
  • Legal Unit: 2
  • Address - House Number: 600
  • Address - Street Name: Southgate
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: New Lenox
  • Carrier Code: C001
  • 4-Digit Zip Code: 2252
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $745,274
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.0883
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 92
  • Final Value: 298,781
  • High Value: 325,184
  • Low Value: 272,379

    Market Valuation

  • Market Total Value: $276,399
  • Market Land Value: $84,045
  • Market Improvement Value: $192,354

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $92,133
  • Assessed Land Value: $28,015
  • Assessed Improvements Value: $64,118

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 08, 2023
  • Current Sale Recording Date: Jul 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 35056
  • Previous Sale Recording Date: Oct 19, 2018
  • Previous Sale Contract Date: Oct 11, 2018
  • Previous Sale Amount: $230,000
  • 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 New Lenox

Stats & Trends

Median Asking:

$440,000

Sale Price/ft²

$211

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2181 ft²

Average Home Age

30.5 years

Currently For Sale

50 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 1978 Stapleton Road, New Lenox, IL, 60451

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,630 ft²
1978 Stapleton Road, New Lenox, IL, 60451 Listing by Jackie Lynch

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jennifer Spengler, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11809822
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 600 Southgate Road built and last sold?
The property at 600 Southgate Road was built in and last sold on Jul 8, 2023 for $330,000.
How much is this home worth?
The estimated value of the home located at 600 Southgate Road is $304,091.
What are some comparable homes to 600 Southgate Road?
There are currently no comparable homes to 600 Southgate Road.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
New Lenox Homes for Sale
New Lenox Houses for Sale
New Lenox Condos for Sale
New Lenox Townhouses for Sale
New Lenox Multifamily for Sale
New Lenox Land for Sale
New Lenox Commercial for Sale
New Lenox Homes with Basements
Nearby Cities
Joliet Homes for Sale
Orland Park Homes for Sale
Tinley Park Homes for Sale
Lockport Homes for Sale
Romeoville Homes for Sale
Homer Glen Homes for Sale
Frankfort Homes for Sale
Crest Hill Homes for Sale
Nearby Property Records
Will County, IL Property Records
Cook County, IL Property Records
DuPage County, IL Property Records
Kendall County, IL Property Records
Grundy County, IL Property Records
Kankakee County, IL Property Records
Lake County, IN Property Records
Kane County, IL Property Records
Neighborhoods
Cathedral Area Real Estate
Reedwood Real Estate
St. Pat's Real Estate
Cunningham Real Estate
Emerald Lawns Real Estate
Garnsey Real Estate
Midland Avenue West Real Estate
St. Mary's Real Estate
Nearby Counties
Orland Homes for Sale
Lockport Homes for Sale
Joliet Homes for Sale
Frankfort Homes for Sale
Homer Homes for Sale
Manhattan Homes for Sale
Jackson Homes for Sale
Green Garden Homes for Sale
Top Real Estate Agents
Top Agents in New Lenox
Top Agents in Joliet
Top Agents in Orland
Top Agents in Orland Park
Top Agents in Lockport
Top Agents in Joliet
Top Agents in Tinley Park
Top Agents in Frankfort