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Bradley 60915
609 Ivy Lane
$198,000
● House - Off Market

609 Ivy Lane

Bradley, IL 60915
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,156 Ft²
$1,337
Est. Monthly

About This Property

Welcome to this well-maintained, all brick ranch, offering 3 bedrooms, 1 bath, and 1,156 sq ft of comfortable living space. The kitchen was thoughtfully updated with granite countertops, SS appliances and soft close cabinet doors. The bedrooms and bathroom all feature nice sized closets. Outside, enjoy the large fenced backyard with patio & shed, perfect for entertaining, pets, or relaxing outdoors. Additional highlights include an attached 1 car garage, upgraded attic insulation, a professionally encapsulated crawl space with drainage tile/sump pit (Permaseal 2022) and battery back-up sump pump (Permaseal 2023). Smart updates and a convenient location make this home a great opportunity. Schedule your showing today!   Furnace & WH 2013.
Unit Size
1,156 Ft²
Days on Market
-
Land Size
-
Price per sqft
$176
Property Type
House
Property Taxes
$335
HOA Dues
-
Year Built
-

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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.

Property Highlights

Garage
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: 8,400
  • 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: EVERGREEN ACRES 5TH ADD
  • Land Acres: 0000000192
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: EVERGREEN ACRES 5TH ADDN LOT 3 BLK 24 20-31-12E

Neighborhood

  • School District Name: Bourbonnais School District 53
  • Census Tract: 010702

Geography

  • District: 17
  • Parcel: 17-09-20-405-020
  • Block: 24
  • Lot: 3
  • Municipality: BOURBONNAIS
  • Latitude: 41.1531
  • Longitude: -87.8628

    Address

  • Full Address: 609 Ivy Ln
  • Address - House Number: 609
  • Address - Street Name: Ivy
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bradley
  • Carrier Code: C007
  • 4-Digit Zip Code: 1117
  • Zip Code: 60915

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $351,054
  • Tax Rate Code Area: 17026

    Appraisal Valuation

  • Standard Deviation: 0.2082
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 186,278
  • High Value: 225,259
  • Low Value: 147,298

    Market Valuation

  • Market Total Value: $156,708
  • Market Land Value: $14,586
  • Market Improvement Value: $142,122

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,236
  • Assessed Land Value: $4,862
  • Assessed Improvements Value: $47,374

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 08, 2022
  • Current Sale Recording Date: Jul 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7986
  • Previous Sale Recording Date: Aug 25, 2021
  • Previous Sale Contract Date: May 01, 2021
  • Previous Sale Amount: $146,000
  • 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 Bradley

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$172

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1684 ft²

Average Home Age

40.1 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

Unit for rent at 250 N Entrance Avenue, IL, 60901

$825 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
250 N Entrance Avenue #3A, IL, 60901 Listing by Travis Wilson
Unit for rent at 200 N Crestlane Dr, IL, 60901

$1,132 /mo

  • 2 Beds
  • 1 Bath
200 N Crestlane Dr, IL, 60901 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kelly Winterroth, McColly Bennett Real Estate
Data Source: MRED, MLS# MRD12554819
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 609 Ivy Lane built and last sold?
The property at 609 Ivy Lane was built in and last sold on Jul 8, 2022 for $182,500.
How much is this home worth?
The estimated value of the home located at 609 Ivy Lane is $205,687.
What are some comparable homes to 609 Ivy Lane?
There are currently no comparable homes to 609 Ivy Lane.
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