NOT LISTED FOR SALE

1224 N Cedar Rd New Lenox, IL 60451

Estimated Value: $297,000 - $380,000

1 Bed
1 Bath
2,100 Sq Ft
$155/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $230,000 $110 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,340/month

64 Days on Market

Highlights

  • Detached Garage
  • Lincoln Way West Rated A-
  • 1-Story Property

About This Home

As of December 2021

2 Residential Rental Units, Garage, and Large Shed on 1.03 acres. Great income potential, Live in one & Rent the other OR tear down & build. Zoned Commercial - contact village to verify use & restrictions. FRONT UNIT: 1 bed, 1 bath, dry basement, currently vacant, rent is $1200 with shed, full gut 1994, updated in 2020, AC 2015, Water heater 2021, Roof 2011. BACK UNIT: 2 bed, 1 bath, lease thru December 2021 for $1,200 w garage, full gut 1994, updated 2016, furnace AC & Water Heater 2018, Roof 2014, on crawl. Garage is 25x25, roof 2006. Shed is 20 x 20 with service door & garage door access, Roof 2011. Tenants pay Gas, Electric, & Garbage. Owner pays Water/Sewer (ave $90/mo). Current RI: $28,800 Gross Estimated RI: $28,800 Net RI: $26,600

Last Agent to Sell the Property

Beth Conaghan

eXp Realty License #475170457 Listed on: 10/04/2021

eXp Realty

Last Buyer's Agent

Amanda Santiago

Chase Real Estate LLC License #475181417

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,409

Year Built | Renovated

  • 1920 | 1994

Lot Details

  • 1.03

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Unfinished Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,409

Year Built | Renovated

1920 | 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 1994
  • Directions: 355 to Rt 6 East, Cedar South to property on East side of street
  • Lot Size: 279X159
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1920
  • Year Renovated: 1994

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Square Footage Comments: front unit is 1100 sq feet, back unit is 1000 sq feet.
  • Total Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Dining Room Type: Enclosed Porch

Exterior Features

  • Roof: Asphalt
  • Exterior Building Type: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 210

Lot Info

  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7500.4
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Dec 16, 2021
Sold by
Mangun James W and Mangun Amy E
Bought by
Autumn One Realty Llc
Seller's Agent
Beth Conaghan
eXp Realty
Buyer's Agent
Amanda Santiago
Chase Real Estate LLC
Sold Price
$230,000
Current Estimated Value
$326,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,000
Avg. Annual Appreciation
9.51%

Purchase Details

Closed on
Sep 5, 1995
Sold by
Mangun Sondra A
Bought by
Mangun James W and Mangun Amy E

Purchase Details

Closed on
Jul 1, 1994
Sold by
Carter Preston and Carter Elsie M
Bought by
Mangun James W and Mangun Sondra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Autumn One Realty Llc $230,000 Chicago Title
Mangun James W -- --
Mangun James W $135,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mangun James W $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2021 12/17/21 Sold $230,000 0.0% $110 / Sq Ft
12/17/2021 12/17/21 Sold $230,000 -8.0% -- View Prior Sale
12/08/2021 12/08/21 Pending -- -- --
12/08/2021 12/08/21 Pending -- -- --
11/15/2021 11/15/21 For Sale -- -- --
11/15/2021 11/15/21 For Sale -- -- --
10/29/2021 10/29/21 Pending -- -- --
10/29/2021 10/29/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $249,999 -16.7% $119 / Sq Ft
08/26/2021 08/26/21 For Sale $299,999 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,409 $112,283 $38,791 $73,492
2023 $7,409 $102,355 $35,361 $66,994
2022 $8,159 $94,293 $32,576 $61,717
2021 $7,772 $88,680 $30,637 $58,043
2020 $7,567 $85,516 $29,544 $55,972
2019 $7,256 $82,864 $28,628 $54,236
2018 $7,105 $80,008 $27,642 $52,366
2017 $6,764 $77,708 $26,847 $50,861
2016 $6,577 $75,628 $26,128 $49,500
2015 $6,350 $73,248 $25,306 $47,942
2014 $6,350 $72,344 $24,994 $47,350
2013 $6,350 $73,319 $25,331 $47,988
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11237207

Midwest Real Estate Data (MRED)

APN: 15-08-10-301-080