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Beecher 60401
633 MEADOW Lane
$310,000
● House - Off Market

633 MEADOW Lane

Beecher, IL 60401
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,806 Ft²
$322,380
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

This is the perfect home for the Family that "Likes Their Space"! The re-designing of this home has added a new bathroom in basement as well as a couple rooms that could be bedrooms. Main floor laundry*All Appliances will remain*Hardwood flooring in 3/ bedrooms*2/Accesses to basement*Over 1800 Square Foot*All Brick Ranch*Wonderful "Fenced-in" yard*Gigantic Storage Shed and so much more! Call Today for your private tour.
Unit Size
1,806 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$177
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
-

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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 #11710517)

Price History

Date / Event Date Event Price
May 24, 2023 Sold
Premium
Sold
Jan 31, 2023 Listed by McColly Real Estate $319,900
Listed by McColly Real Estate

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: 15,911
  • 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: KONOW GRAHAM FIRST ADDITION
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 17 THE E1/2 OF LOT 18 IN KONOW-GRAHAM 1ST ADDN TO SCHOOL TRUSTEE'S SUB, BEING A SUB OF PRT OF THE E1/2 OF THE NW1/4 OF S

Neighborhood

  • School District Name: Beecher Community Unit School District 200U
  • Census Tract: 883902

Geography

  • Parcel: 22-22-16-103-050
  • Lot: 18
  • Meridian: SEC 16 TWN 33N RNG 14E
  • Municipality: WASHINGTON
  • Latitude: 41.3487
  • Longitude: -87.6254

    Address

  • Full Address: 633 Meadow Ln
  • Address - House Number: 633
  • Address - Street Name: Meadow
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Beecher
  • Carrier Code: R777
  • 4-Digit Zip Code: 6612
  • Zip Code: 60401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $454,186
  • Tax Rate Code Area: 2201

    Appraisal Valuation

  • Standard Deviation: 0.0883
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 92
  • Final Value: 313,155
  • High Value: 340,828
  • Low Value: 285,482

    Market Valuation

  • Market Total Value: $176,775
  • Market Land Value: $55,293
  • Market Improvement Value: $121,482

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,925
  • Assessed Land Value: $18,431
  • Assessed Improvements Value: $40,494

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 24, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 26510
  • Previous Sale Recording Date: Apr 16, 2009
  • Previous Sale Contract Date: Mar 27, 2009
  • Previous Sale Amount: $177,500
  • 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 Beecher

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$169

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1912 ft²

Average Home Age

31.4 years

Currently For Sale

18 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: Sue Teske, McColly Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11710517
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 633 Meadow Lane built and last sold?
The property at 633 Meadow Lane was built in and last sold on May 24, 2023 for $310,000.
How much is this home worth?
The estimated value of the home located at 633 Meadow Lane is $0.
What are some comparable homes to 633 Meadow Lane?
There are currently no comparable homes to 633 Meadow Lane.
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