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Bolingbrook 60440
860 Tamms Lane
$334,900
● House - Off Market

860 Tamms Lane

Bolingbrook, IL 60440
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,900 Ft²
$2,216
Est. Monthly
11.75%
Cap Rate

About This Property

This freshly painted 5-bedroom, 2-bathroom raised ranch is ready for you to call home. The main level features new flooring and new stainless steel appliances in the kitchen. Each bedroom is spacious, perfect for a growing family or a home office. The large backyard offers plenty of space for outdoor activities. Modern amenities combined with classic charm make this home a must-see. Schedule a showing today!
Unit Size
1,900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$176
Property Type
House
Property Taxes
$571
HOA Dues
-
Year Built
1974

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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 #12161162)

Price History

Date / Event Date Event Price
Jan 8, 2025 Sold
Premium
Sold
Oct 25, 2024 In contract -
In contract
Oct 9, 2024 Price Decreased $334,900
↓ $5K (1.5%)
Price Decreased
Sep 12, 2024 Temporarily off market -
Temporarily off market
Sep 11, 2024 Listed by George Flannick $339,900
Listed by George Flannick
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,687
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: 1

    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: CINNAMON CREEK UNIT #5
  • Land Acres: 0000000199
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 229 IN CINNAMON CREEK UNIT 5, A SUB OF PRT OF THE W1/2 NW1/4 SEC 16, T37N-R10E.

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 880105

Geography

  • Parcel: 12-02-16-112-010
  • Lot: 229
  • Meridian: SEC 16 TWN 37N RNG 10E
  • Municipality: DUPAGE
  • Latitude: 41.6955
  • Longitude: -88.1054

    Address

  • Full Address: 860 Tamms Ln
  • Legal Unit: 5
  • Address - House Number: 860
  • Address - Street Name: Tamms
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bolingbrook
  • Carrier Code: C015
  • 4-Digit Zip Code: 1622
  • Zip Code: 60440

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $628,012
  • Tax Rate Code Area: 1214

    Appraisal Valuation

  • Standard Deviation: 0.1444
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 82
  • Final Value: 281,736
  • High Value: 322,426
  • Low Value: 241,046

    Market Valuation

  • Market Total Value: $208,605
  • Market Land Value: $47,376
  • Market Improvement Value: $161,229

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,535
  • Assessed Land Value: $15,792
  • Assessed Improvements Value: $53,743

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 04, 2024
  • Current Sale Recording Date: Mar 12, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11846
  • Previous Sale Recording Date: May 22, 1996
  • Previous Sale Contract Date: Apr 29, 1996
  • Previous Sale Amount: $111,000
  • 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 Bolingbrook

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$208

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2111 ft²

Average Home Age

35.9 years

Currently For Sale

107 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: George Flannick, George Flannick
Last Updated: 2 years ago
Data Source: MRED, MLS# 12161162
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 860 Tamms Lane built and last sold?
The property at 860 Tamms Lane was built in 1974 and last sold on Mar 4, 2024 for $180,000.
How much is this home worth?
The estimated value of the home located at 860 Tamms Lane is $0.
What are some comparable homes to 860 Tamms Lane?
There are currently no comparable homes to 860 Tamms Lane.
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