Residential Income Property with
11182 Tuscany Lane, Lemont, IL 60439
For Sale
$610,900
A planned semi-custom townhome offers two bedrooms, an open living area, and an unfinished lower level with a bathroom rough-in.
Property Size1,702 SF
Price / SF$358.93
Days on Market45
Property Features for 11182 Tuscany Lane
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Village Realty Inc
(312) 339-4038
Listed By:
Arlene Scott · License #475191339
(708) 478-1212
Source:
Premier-relocation
Added: Sep 26
Changed: Nov 5
Last Checked: Nov 8 at 9:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Village Realty Inc
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Investment Insights
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Planned for construction in the Estates of Montefiori, this 1,702-square-foot semi-custom townhome is designed with an open floor plan, 10-foot semi-vaulted ceilings, hardwood in common areas, and a main-floor laundry and mudroom. The kitchen is specified with 42-inch upper cabinets, an oversized island, granite or quartz countertops, and Kohler fixtures. The primary suite includes a walk-in closet and double-vanity bathroom; a second bedroom is set apart from the suite. A 9-foot poured-concrete lookout basement has a roughed-in three-piece bath, with optional plans for a third bedroom, full bath, and den.
The property is in Lemont, near shopping, restaurants, The Forge outdoor adventure facility, expressways, and a Metra station. O’Hare and Midway airports are each less than an hour away. Construction is planned for 2027.
The property is in Lemont, near shopping, restaurants, The Forge outdoor adventure facility, expressways, and a Metra station. O’Hare and Midway airports are each less than an hour away. Construction is planned for 2027.
Key Highlights
- Planned 1,702‑square‑foot semi‑custom townhome
- 10‑foot semi‑vaulted ceilings and hardwood in common areas
- 9‑foot poured‑concrete lookout basement with roughed‑in 3‑piece bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,745
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,900
$394.9K
Cap Rate 7%
$282,071
$282.1K
Cap Rate 9%
$219,389
$219.4K
Market Conditions
NOI Build-Up for 1,702 SF
Gross rent
$38.6K $22.68/SF
− Vacancy
−$2.7K −$1.59/SF
EGI
$35.9K $21.09/SF
− OpEx
−$16.2K −$9.49/SF
NOI
$19.7K $11.60/SF
Area
Cook County, IL
Vacancy
7.00%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,900
Cap Rate 7%
$282,071
Cap Rate 9%
$219,389
Alternative Uses
Best Use
Apartment 5plus
$282.1K
$246.8K – $329.1K
NOI $19,745 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$653.6K
$571.9K – $762.5K
NOI $45,750 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
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Business Placement
Demographics for 60439, IL
24,327
Population
8,962
Households
2.7
Avg Household Size
45
Median Age
45%
College-Educated
95%
High-School Grad
29.7 sq mi
ZIP Area
819
Density / Sq Mi
$132,511
Median Household Income
$60,561
Median Earnings
$1,046
Median Rent
$466,800
Median Home Value
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Market
Properties on Market for Residential income properties in Cook County
Frequently Asked Questions
What type of property is this?
Residential income property - A planned semi-custom townhome offers two bedrooms, an open living area, and an unfinished lower level with a bathroom rough-in.
Where is this residential income property located?
The property is located at 11182 Tuscany Lane Lemont, IL.
What is the asking price?
The asking price for this property is $610,900.
What are key features of this property?
This property features: Planned 1,702‑square‑foot semi‑custom townhome; 10‑foot semi‑vaulted ceilings and hardwood in common areas; 9‑foot poured‑concrete lookout basement with roughed‑in 3‑piece bath
