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Aurora 60506 North River
892 Foran Lane
$196,000
● House - Off Market

892 Foran Lane

Aurora, IL 60506
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,457 Ft²
$196,264
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Multiple offers received. Please submit all offers by 1:00pm on 10/24. LARGE LOT!! 3 bedroom 1 bath Ranch in Aurora. AS IS Sale in good condition.
Unit Size
1,457 Ft²
Days on Market
-
Land Size
-
Price per sqft
$127
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
1961

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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 #11623482)

Price History

Date / Event Date Event Price
Dec 9, 2022 Sold
Premium
Sold
Sep 7, 2022 Listed by @properties Christie's International Real Estate $185,000
Listed by @properties Christie's International Real Estate

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 324
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 865
  • Total Building Area: 1,791
  • Gross Building Area: 1,791
  • Building Area: 1,467
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,467
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FORAN&PT OLD INDIAN TR
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: PART NW 1/4 SEC 16-38-8 LOT DIMENSIONS: 86.5 X 200 APPROX LOT SQ FT 17300 SUBDIVISION: FORAN&PT OLD INDIAN TR RANGE CODE: 001

Neighborhood

  • School District Name: Aurora West Unit School District 129
  • Census Tract: 853007

Geography

  • Subdivision Tract Number: RANG
  • Parcel: 15-16-153-006
  • Meridian: SEC 16 TWN 38 RNG 08
  • Municipality: AURORA
  • Latitude: 41.7758
  • Longitude: -88.3382

    Address

  • Full Address: 892 Foran Ln
  • Address - House Number: 892
  • Address - Street Name: Foran
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Aurora
  • Carrier Code: C040
  • 4-Digit Zip Code: 2711
  • Zip Code: 60506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $262,684
  • Tax Rate Code Area: AU066

    Appraisal Valuation

  • Standard Deviation: 0.1653
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 237,111
  • High Value: 276,313
  • Low Value: 197,909

    Market Valuation

  • Market Total Value: $164,892
  • Market Land Value: $30,552
  • Market Improvement Value: $134,340

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,942
  • Assessed Land Value: $10,180
  • Assessed Improvements Value: $44,762

    Sales

  • Current Sale Contract Date: Nov 21, 2022
  • Current Sale Recording Date: Dec 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 59815
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 North River

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$225

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1275 ft²

Average Home Age

66.5 years

Currently For Sale

4 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 2221 Gettysburg Drive, Aurora, IL, 60506

$2,850 /mo

  • 3 Beds
  • 2 Baths
2221 Gettysburg Drive, Aurora, IL, 60506 Listing by Scott Gerami
Unit for rent at 429 Cottrell Lane, Aurora, IL, 60506

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,979 ft²
429 Cottrell Lane, Aurora, IL, 60506 Listing by Jai Raheja

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Fabio Brancati, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11623482
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 892 Foran Lane built and last sold?
The property at 892 Foran Lane was built in 1961 and last sold on Nov 21, 2022 for $196,000.
How much is this home worth?
The estimated value of the home located at 892 Foran Lane is $188,290.
What are some comparable homes to 892 Foran Lane?
There are currently no comparable homes to 892 Foran Lane.
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