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Union 60180 Railway Estates
7374 ALEXANDRA Lane
$306,000
● House - Off Market

7374 ALEXANDRA Lane

Union, IL 60180
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,826 Ft²
$300,140
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Welcome home to this beautiful 4 bedroom/3 bath ranch! This home features a spacious open floor plan with vaulted ceilings and tons of natural light. The kitchen has 42 inch cabinets, newer appliances (2022), and a laundry room right around the corner. There are 3 bedrooms on the main floor with a massive master suite. This home sits on over a quarter acre lot with a fully fenced-in yard and includes a large deck and a shed (2021). The fully finished basement has the same square footage as the entire main floor, featuring a large living area, the 4th bedroom, and full bar, great for entertaining! Move-in ready! Come check out your new home!
Unit Size
1,826 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$162
Property Type
House
Property Taxes
$552
HOA Dues
-
Year Built
2008

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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: 3 years ago (MRED MLS #11727886)

Price History

Date / Event Date Event Price
Apr 21, 2023 Sold
Premium
Sold
Mar 9, 2023 Listed by Compass $295,000
Listed by Compass

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,800
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,500
  • Total Building Area: 4,088
  • Gross Building Area: 4,088
  • Building Area: 3,626
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,626
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAILWAY ESTATES UNIT 1
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2016R0015481 LT 25 RAILWAY ESTATES UNIT 1

Neighborhood

  • School District Name: Marengo Community High School District 154
  • Census Tract: 871502

Geography

  • Parcel: 17-09-179-002
  • Lot: 25
  • Municipality: CORAL TWP
  • Latitude: 42.2207
  • Longitude: -88.5448

    Address

  • Full Address: 7374 Alexandra Ln
  • Legal Unit: 1
  • Address - House Number: 7374
  • Address - Street Name: Alexandra
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Union
  • Carrier Code: R005
  • 4-Digit Zip Code: 9663
  • Zip Code: 60180

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $676,640
  • Tax Rate Code Area: 17017

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 285,972
  • High Value: 330,165
  • Low Value: 241,780

    Market Valuation

  • Market Total Value: $186,531
  • Market Land Value: $11,583
  • Market Improvement Value: $174,948

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,177
  • Assessed Land Value: $3,861
  • Assessed Improvements Value: $58,316

    Sales

  • Current Sale Contract Date: Apr 19, 2023
  • Current Sale Recording Date: Apr 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9320
  • Previous Sale Recording Date: May 10, 2016
  • Previous Sale Contract Date: Apr 22, 2016
  • Previous Sale Amount: $148,000
  • 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 Railway Estates

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$197

Below Asking

0.01%

Average Days on Market

70

Average Home Size

2146 ft²

Average Home Age

2.6 years

Currently For Sale

0 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

Rentals Near You

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MRED

Listed by: Cristina Panagopoulos, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11727886
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 7374 Alexandra Lane built and last sold?
The property at 7374 Alexandra Lane was built in 2008 and last sold on Apr 19, 2023 for $306,000.
How much is this home worth?
The estimated value of the home located at 7374 Alexandra Lane is $297,950.
What are some comparable homes to 7374 Alexandra Lane?
There are currently no comparable homes to 7374 Alexandra Lane.
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