$145,000
●
House -
In Contract
6850 W LODE Drive #2A
Worth, IL 60482
2 Beds
1 Bath
900 Ft²
$1,237
Est. Monthly
$272
HOA / Fees
13.18%
Cap Rate
About This Property
Affordable, well maintained, and in great condition, this spacious
two bedroom, one bathroom condo offers a bright, open layout with
plenty of natural light. A brand new oversized window will be
installed before closing, and the seller has already taken care of
all arrangements. The unit also features in unit laundry and
individually controlled thermostats. Rentals are permitted, making
this a great option for an owner occupant or investor. Great
location near shopping, dining, public transportation, and everyday
conveniences. Schedule your showing before it's gone!
Unit Size
900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$161
Property Type
House
Property Taxes
$252
HOA Dues
$272
Year Built
-
Listed By
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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.
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Yes
Interior Details
Full Bathrooms: 1
Interior Features: Storage
Appliances: Range, Dishwasher, Refrigerator
Laundry Features: Washer Hookup, In Unit
Rooms: 5
Basement: Finished, None, Full
Exterior Details
Square Footage: 900
Year Built: 1975
Construction Materials: Brick
Lot Features: Common Grounds
Lot Size Dimensions: Common
Water Source: Lake Michigan
Financial Details
Tax Annual Amount: $3,027
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Electric, Indv Controls
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Snow Removal, Exterior Maintenance
HOA Fee: $272
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/06/2024
|
2 Bed
|
1 Bath
|
950 ft²
|
$157,000
2 Bed
1 Bath
950 ft²
|
-
-
|
Richard Clark
Kozar Real Estate Group
| |
|
10/02/2023
|
2 Bed
|
1 Bath
|
900 ft²
|
$139,900
2 Bed
1 Bath
900 ft²
|
-
-
|
Rame Mahmoud
Keller Williams Preferred Rlty
| |
|
03/08/2023
|
2 Bed
|
1 Bath
|
900 ft²
|
$135,000
2 Bed
1 Bath
900 ft²
|
-
-
|
Rame Mahmoud
Keller Williams Preferred Rlty
| |
|
09/14/2021
|
2 Bed
|
1 Bath
|
900 ft²
|
$149,900
2 Bed
1 Bath
900 ft²
|
-
-
|
Richard Clark
Kozar Real Estate Group
| |
|
03/12/2021
|
2 Bed
|
1 Bath
|
900 ft²
|
$80,000
2 Bed
1 Bath
900 ft²
|
$76,000
-5.00%
07/01/2021
|
Richard Clark
Kozar Real Estate Group
| |
|
02/27/2020
|
2 Bed
|
1 Bath
|
900 ft²
|
$69,900
2 Bed
1 Bath
900 ft²
|
-
-
|
-
| |
|
05/25/2007
|
2 Bed
|
1 Bath
|
-
|
$115,900
2 Bed
1 Bath
|
$110,000
-5.09%
07/18/2007
|
Janet Connelly
Worth Clark Realty
|
Building Info
About Worth
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Listed by: Jessica Macey, Real Broker LLC
Data Source: MRED, MLS# MRD12737509
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.
Data Source: MRED, MLS# MRD12737509
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