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Lockport 60441
804 Valley Lane
$193,000
● House - Off Market

804 Valley Lane

Lockport, IL 60441
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$209,214
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Be in before the New Year if you hurry to view this 3 bedroom 1 bath   home with large Living room/Dining room combination both with newer carpeting, but hardwood flooring underneath.  Eat in kitchen with an extra 2 person breakfast bar looking into a small Family Room that then leads to a 3 seasons room, the, to a 1 car attached garage. Home is great for entertaining.  Backyard with patio, and mature trees for shade.  Attached 1 car garage has  extra storage in the back.  (there is an extra toilet in the utility room) 3 exterior doors are brand new. You will not be disappointed.  Close to schools, shopping, parks, and Hwy access.  Take a look today!!  Estate Sale, Selling "AS-IS"
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$158
Property Type
House
Property Taxes
$146
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 #11271863)

Price History

Date / Event Date Event Price
Dec 10, 2021 Sold
Premium
Sold
Nov 17, 2021 Listed by Coldwell Banker Real Estate Group $189,900
Listed by Coldwell Banker Real Estate Group
Oct 6, 2021 No longer available -
No longer available
Nov 6, 2020 In contract -
In contract
Nov 3, 2020 Relisted $174,900
Relisted
Show More

Property Highlights

Garage

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: 8,411
  • 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: KELVIN GROVE
  • Land Acres: 0000000190
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 217 UNIT 4A IN KELVIN GROVE UNIT 4A IN FRANK M MILNES SUB, A SUB OF PRT OF THE W1/2 OF THE SW1/4 OF SEC 24, T36N R10E.

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 880601

Geography

  • Parcel: 11-04-24-304-005
  • Lot: 217
  • Meridian: SEC 24 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5886
  • Longitude: -88.0434

    Address

  • Full Address: 804 Valley Ln
  • Legal Unit: 4A
  • Address - House Number: 804
  • Address - Street Name: Valley
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Lockport
  • Carrier Code: C021
  • 4-Digit Zip Code: 3749
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $622,430
  • Tax Rate Code Area: 1112

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 79
  • Final Value: 252,382
  • High Value: 294,251
  • Low Value: 210,512

    Market Valuation

  • Market Total Value: $202,836
  • Market Land Value: $59,208
  • Market Improvement Value: $143,628

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,612
  • Assessed Land Value: $19,736
  • Assessed Improvements Value: $47,876

    Sales

  • Current Sale Contract Date: Dec 01, 2021
  • Current Sale Recording Date: Dec 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 4
  • Current Sale Input Document Number: R2021134741
  • Previous Sale Recording Date: Dec 21, 2020
  • Previous Sale Contract Date: Dec 04, 2020
  • Previous Sale Amount: $174,900
  • 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 Lockport

Stats & Trends

Median Asking:

$379,990

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2118 ft²

Average Home Age

31.3 years

Currently For Sale

73 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 14813 S Hillside Drive, Lockport, IL, 60441

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,840 ft²
14813 S Hillside Drive #14813, Lockport, IL, 60441 Listing by Waqar Riaz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Margaret Apgar, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11271863
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 804 Valley Lane built and last sold?
The property at 804 Valley Lane was built in and last sold on Dec 1, 2021 for $193,000.
How much is this home worth?
The estimated value of the home located at 804 Valley Lane is $195,622.
What are some comparable homes to 804 Valley Lane?
There are currently no comparable homes to 804 Valley Lane.
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