Ranch Residential Income
For Sale
$269,000
15952 Buckner Pond Way, Crest Hill, IL 60403
The 1,263-square-foot home has two bedrooms, two bathrooms, and an attached two-car garage.
Property Size1,263 SF
Price / SF$212.98
Days on Market14
Property Features for 15952 Buckner Pond Way
General Information
Standard status
Active
Size
1,263 SF
Total Parking Spaces
2
Property subtype
Townhouse-Ranch,Ground Level Ranch
Units
Unit Mix
2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,909
Amenities
front porch
walking trails
extended patio
Sunsetter shade
walk-in pantry
walk-in closets
walk-in shower
custom blinds
separate laundry room
clubhouse
golf
tennis
pickleball
bocce
indoor pool
outdoor pool
library
activities
Building Details
Building Size
1,263 SF
Year Built
2004
Listing Agency:
RE/MAX 10 in the Park
(708) 923-0900
Listed By:
Sherry Vansyckle · License #475122969
(708) 218-4803
Source:
Angelawalkerhomes
Added: Oct 15
Changed: Oct 26
Last Checked: Oct 26 at 3:32PM
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 RE/MAX 10 in the Park
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Investment Insights
Based on property information with market context.
This 2004 ranch-style townhome offers 1,263 square feet with two bedrooms and two bathrooms. Interior features include a walk-in pantry, a separate laundry room, walk-in closets, a walk-in shower, six-panel doors, and custom blinds. The living room opens to an extended patio with a Sunsetter shade, and the home has a front porch and an attached two-car garage. The roof is new; the water heater dates to April 2022, and the dishwasher is two to three years old. The water softener is included as-is. The property is being sold in as-is condition as part of an estate sale.
The home has a lake view from the front porch, is steps from walking trails, and is a short walk from the clubhouse. The extended patio faces a farm view. Facilities available for use include golf, tennis, pickleball, bocce, a clubhouse, indoor and outdoor pools, a library, and activities.
The home has a lake view from the front porch, is steps from walking trails, and is a short walk from the clubhouse. The extended patio faces a farm view. Facilities available for use include golf, tennis, pickleball, bocce, a clubhouse, indoor and outdoor pools, a library, and activities.
Key Highlights
- 1,263‑square‑foot ranch townhome built in 2004
- Two bedrooms and two bathrooms
- Attached two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,652
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,040
$293.0K
Cap Rate 7%
$209,314
$209.3K
Cap Rate 9%
$162,800
$162.8K
Market Conditions
NOI Build-Up for 1,263 SF
Gross rent
$28.6K $22.68/SF
− Vacancy
−$2.0K −$1.59/SF
EGI
$26.6K $21.09/SF
− OpEx
−$12.0K −$9.49/SF
NOI
$14.7K $11.60/SF
Area
Will 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%
$293,040
Cap Rate 7%
$209,314
Cap Rate 9%
$162,800
Alternative Uses
Best Use
Apartment 5plus
$209.3K
$183.2K – $244.2K
NOI $14,652 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$286.4K
$250.6K – $334.2K
NOI $20,051 @ 7.0% cap · market cap 7.45%
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
73
Businesses Nearby
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Business Placement
Demographics for 60403, IL
17,667
Population
7,884
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
91%
High-School Grad
4.9 sq mi
ZIP Area
3,606
Density / Sq Mi
$71,413
Median Household Income
$41,597
Median Earnings
$1,386
Median Rent
$223,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The 1,263-square-foot home has two bedrooms, two bathrooms, and an attached two-car garage.
Where is this residential income property located?
The property is located at 15952 Buckner Pond Way Crest Hill, IL.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: 1,263‑square‑foot ranch townhome built in 2004; Two bedrooms and two bathrooms; Attached two‑car garage
