Luxury Duplex Under
For Sale
$516,061
25133 S Westwind Drive, Channahon, IL 60410
Stunning, under-construction luxury duplex with high-end finishes, estimated completion November 2025.
Property Size1,850 SF
Days on Market409
Property Features for 25133 S Westwind Drive
General Information
Standard status
Active
Size
1,850 SF
Property subtype
Condominium
Taxes and HOA fees
Annual Taxes
$200
Amenities
Central Air
Natural Gas
Asphalt
Building Details
Building Size
1,850 SF
Year Built
2025
Listing Agency:
john greene Realtor
(760) 369-1800
Listed By:
Elizabeth Stephenson · License #01005011
Source:
Kw
Added: Jun 26, 2025
Changed: Aug 8
Last Checked: Jul 16 at 7:33AM
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 john greene Realtor
Investment Insights
Based on property information with market context.
This under-construction luxury duplex, estimated for completion in November 2025, features a ranch-style attached home with two bedrooms and two full baths. The property boasts a brick front, low-maintenance siding, and a country front porch with landscaping. Inside, the builder's signature elite foyer includes crown molding, wainscoting, and chair rail detailing. The open-concept layout leads to a chef-inspired kitchen with 42-inch designer cabinets, granite countertops, and crown molding. The vaulted family room offers natural light and a corner fireplace. Luxury vinyl plank flooring extends throughout the main living areas. The primary suite includes a walk-in closet and an en suite bath with a custom shower featuring ceramic tile, a built-in shower bench, and multiple sprayers. A mudroom off the garage provides 42-inch custom cabinetry and additional storage. Additional features include an open railing staircase with custom iron spindles, a full basement with 9-foot ceilings and a bathroom rough-in, solid 6-panel doors, and a concrete driveway. A one-year builder warranty is included, and semi-custom changes are welcome.
Key Highlights
- Luxury duplex, estimated completion November 2025.
- Chef‑inspired kitchen features 42‑inch designer cabinets and granite countertops.
- Private primary suite boasts a massive walk‑in closet and spa‑like en suite bath with custom shower.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,005
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$480,100
$480.1K
Cap Rate 7%
$342,929
$342.9K
Cap Rate 9%
$266,722
$266.7K
Market Conditions
NOI Build-Up for 1,850 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$37.1K $20.04/SF
− Vacancy
−$2.8K −$1.50/SF
EGI
$34.3K $18.54/SF
− OpEx
−$10.3K −$5.56/SF
NOI
$24.0K $12.98/SF
Area
Grundy County, IL
Vacancy
7.50%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$480,100
Cap Rate 7%
$342,929
Cap Rate 9%
$266,722
Alternative Uses
Best Use
Multifamily LT 5
$342.9K
$300.1K – $400.1K
NOI $24,005 @ 7.0% cap · market cap 4.65%
Second Best
Apartment 5plus
$306.6K
$268.3K – $357.7K
NOI $21,462 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$638.7K
$558.9K – $745.2K
NOI $44,710 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 60410, IL
13,503
Population
4,673
Households
2.9
Avg Household Size
39
Median Age
29%
College-Educated
97%
High-School Grad
24.1 sq mi
ZIP Area
560
Density / Sq Mi
$120,278
Median Household Income
$59,342
Median Earnings
$1,613
Median Rent
$293,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Stunning, under-construction luxury duplex with high-end finishes, estimated completion November 2025.
Where is this duplex located?
The property is located at 25133 S Westwind Drive Channahon, IL.
What is the asking price?
The asking price for this property is $516,061.
What are key features of this property?
This property features: Luxury duplex, estimated completion November 2025.; Chef‑inspired kitchen features 42‑inch designer cabinets and granite countertops.; Private primary suite boasts a massive walk‑in closet and spa‑like en suite bath with custom shower.
