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Will 60451
915 HERR Drive
$162,900
● House - Off Market

915 HERR Drive

New Lenox, IL 60451
bedrooms
2 Beds
bathrooms
2 Baths
$347,736
RealtyHop Estimate
114.26%
Since Jan 1, 2010
National-US
Primary Model

About This Property

2 BEDROOM BRICK & FRAME SPLIT LEVEL WITH SPACIOUS ROOM SIZES & FIRE IN FAMILY ROOM. BANK OWNED-SOLD AS IS. BUYER TO TAKE ON CITY REPAIRS & PUT UP ESCROW IF REQUIRED. NO DISCLOSURES, NO SURVEY OR TERMITE PROVIDED. PRESENT PRE-QUAL OR PROOF OF FUNDS WITH OFFER. EM CERTIFIED FUNDS ONLY.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$409
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.

Property Highlights

Garage

Building Info

Overview

    General

  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,750
  • Lot Size Depth Feet: 2,500
  • Lot Size Frontage Feet: 870
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 3
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONNORS SUNNY NOOKS
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: PARCEL 1 LOT 2 IN UNIT 1 OF CONNOR'S SUNNY NOOKS, A SUB IN THE SE1/4 OF SEC 14, PRT OF THE NE1/4 OF SEC 23, T35N-R11E. PARCE

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881116

Geography

  • Parcel: 15-08-14-402-017
  • Lot: 2
  • Meridian: SEC 14 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5147
  • Longitude: -87.9358

    Address

  • Full Address: 915 Herr Dr
  • Legal Unit: 1
  • Address - House Number: 915
  • Address - Street Name: Herr
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: New Lenox
  • Carrier Code: C013
  • 4-Digit Zip Code: 2028
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $727,370
  • Tax Rate Code Area: 1520

    Appraisal Valuation

  • Standard Deviation: 0.1504
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 346,838
  • High Value: 399,013
  • Low Value: 294,664

    Market Valuation

  • Market Total Value: $279,606
  • Market Land Value: $79,404
  • Market Improvement Value: $200,202

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $93,202
  • Assessed Land Value: $26,468
  • Assessed Improvements Value: $66,734

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 24, 2016
  • Current Sale Recording Date: Aug 06, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2016060183
  • Previous Sale Recording Date: Dec 30, 2009
  • Previous Sale Contract Date: Dec 01, 2009
  • Previous Sale Amount: $162,900
  • Previous Sale Document Type: 68
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 Will

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2360 ft²

Average Home Age

31.1 years

Currently For Sale

1495 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 122 Gall Lane, New Lenox, IL, 60451

$2,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,150 ft²
122 Gall Lane, New Lenox, IL, 60451 Listing by Micah Kirstein
Unit for rent at 915 S Spencer Road, New Lenox, IL, 60451

$1,950 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
915 S Spencer Road #1, New Lenox, IL, 60451 Listing by Jessica Eiler

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jeff Mrozek, Crosstown Realtors, Inc.
Data Source: MRED, MLS# MRD07256347
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 915 Herr Drive built and last sold?
The property at 915 Herr Drive was built in and last sold on Jun 24, 2016 for $230,000.
How much is this home worth?
The estimated value of the home located at 915 Herr Drive is $0.
What are some comparable homes to 915 Herr Drive?
There are currently no comparable homes to 915 Herr Drive.
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