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Lemont 60439
641 1st Street
$335,800
● House - Off Market

641 1st Street

Lemont, IL 60439
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,747 Ft²
$1,849
Est. Monthly
11.55%
Cap Rate

About This Property

This spacious ranch that's nestled on an almost one acre wooded lot features: A family room with wood laminate flooring & wood burning stove; Kitchen with convenient, walk-in pantry; Spacious, sun-filled living room with cozy fireplace; 3-4 bedrooms; 2.5 baths; Mater suite with private bath; Desirable 3 car garage plus a storage shed. Sold as is.
Unit Size
1,747 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$200
Property Type
House
Property Taxes
$130
HOA Dues
-
Year Built
1961

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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 #12197957)

Price History

Date / Event Date Event Price
Feb 19, 2025 Sold
Premium
Sold
Jan 17, 2025 In contract -
In contract
Jan 11, 2025 Listed by Wirtz Real Estate Group Inc. $350,000
Listed by Wirtz Real Estate Group Inc.

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • 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: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,468
  • Total Building Area: 1,747
  • Gross Building Area: 1,747
  • Building Area: 1,747
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,747
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SMOLIENS RESUB
  • Land Acres: 0000000906
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Lemont Township High School District 210
  • Census Tract: 824003

Geography

  • District: 19
  • Parcel: 22-28-104-122-0000
  • Lot: 1,3
  • Meridian: SEC 28 TWN 37N RNG 11E
  • Municipality: LEMONT
  • Latitude: 41.6658
  • Longitude: -87.9852

    Address

  • Full Address: 641 1st St
  • Address - House Number: 641
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lemont
  • Carrier Code: C042
  • 4-Digit Zip Code: 4103
  • Zip Code: 60439

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $188,360
  • Tax Rate Code Area: 19006

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 426,295
  • High Value: 523,636
  • Low Value: 328,955

    Market Valuation

  • Market Total Value: $421,540
  • Market Land Value: $256,540
  • Market Improvement Value: $165,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,154
  • Assessed Land Value: $25,654
  • Assessed Improvements Value: $16,500
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 Lemont

Stats & Trends

Median Asking:

$574,900

Sale Price/ft²

$252

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2533 ft²

Average Home Age

29.1 years

Currently For Sale

59 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 908 East Street, Lemont, IL, 60439

$3,300 /mo

  • 3 Beds
  • 2 Baths
  • 2,400 ft²
908 East Street, Lemont, IL, 60439 Listing by Corrine Botkin

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kimberly Wirtz, Wirtz Real Estate Group Inc.
Last Updated: 2 years ago
Data Source: MRED, MLS# 12197957
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 641 1st Street built and last sold?
The property at 641 1st Street was built in 1961 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 641 1st Street is $359,784.
What are some comparable homes to 641 1st Street?
There are currently no comparable homes to 641 1st Street.
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