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New Lenox 60451
811 Shagbark Road
Photo of 811 Shagbark Road
Sold on Oct 4, 2022

15

Map

Photo of 811 Shagbark Road
Photo of 811 Shagbark Road
$220,000
● House - Off Market

811 Shagbark Road

New Lenox, IL 60451
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,250 Ft²
$209,276
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
Unit Size
1,250 Ft²
Days on Market
-
Land Size
-
Price per sqft
$160
Property Type
House
Property Taxes
$161
HOA Dues
$120
Year Built
-

Payment Calculator

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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.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • 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: 2,101
  • 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: COUNTRY CREEK MANOR UNIT #2
  • Land Acres: 0000000050
  • Standard Land Use Code: 1004
  • County Land Use Code: 0040
  • Legal Description 1: UNIT 43D IN COUNTRY VILLA CONDO 1, 5TH AMENDMENT TO LOT 43, A SUB OF PRT OF THE SW1/4 OF SEC 28, T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881112

Geography

  • Parcel: 15-08-28-305-018-1004
  • Lot: 43
  • Meridian: SEC 28 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.4857
  • Longitude: -87.9813

    Address

  • Full Address: 811 Shagbark Rd
  • Legal Unit: 43D
  • Address - House Number: 811
  • Address - Street Name: Shagbark
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: New Lenox
  • Carrier Code: R004
  • 4-Digit Zip Code: 3102
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $188,886
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.1637
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 245,568
  • High Value: 285,776
  • Low Value: 205,361

    Market Valuation

  • Market Total Value: $188,157
  • Market Land Value: $21,837
  • Market Improvement Value: $166,320

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,719
  • Assessed Land Value: $7,279
  • Assessed Improvements Value: $55,440

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 26, 2022
  • Current Sale Recording Date: Oct 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 77887
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 New Lenox

Stats & Trends

Median Asking:

$448,200

Sale Price/ft²

$211

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2177 ft²

Average Home Age

30.2 years

Currently For Sale

49 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 1713 Nelson Road, New Lenox, IL, 60451

$1,650 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
1713 Nelson Road #12, New Lenox, IL, 60451 Listing by David Faxel
Unit for rent at 1032 Shagbark Road, New Lenox, IL, 60451

$1,700 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
1032 Shagbark Road #2H, New Lenox, IL, 60451 Listing by David Faxel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: George Venturella, Century 21 Circle
Data Source: MRED, MLS# MRD11627748
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 811 Shagbark Road built and last sold?
The property at 811 Shagbark Road was built in and last sold on Sep 26, 2022 for $220,000.
How much is this home worth?
The estimated value of the home located at 811 Shagbark Road is $207,577.
What are some comparable homes to 811 Shagbark Road?
There are currently no comparable homes to 811 Shagbark Road.
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