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
Single-familyProperty Type
1920Year Built
1.03 acresLot Size
$89Est. Price/Sq.Ft.
2 car garageParking
Listed by Beth Conaghan• CRIS Realty
Bought with Amanda Santiago• Chase Real Estate LLC
Zoned Commercial. Listing for land value. 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
MRED as Distributed by MLS Grid #11201107
Dec 17, 2021
Sold (MLS) (Closed)
$230,000
$110/sq ft
Dec 9, 2021
Pending (Active Under Contract)
—
Nov 15, 2021
Relisted (Active)
—
Nov 1, 2021
Pending (Active Under Contract)
—
Oct 4, 2021
Price Changed
$249,999
$119/sq ft
Sep 17, 2021
Price Changed
$275,000
$131/sq ft
Aug 26, 2021
Listed (Active)
$299,999
$143/sq ft
+25
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
MRED as Distributed by MLS Grid #11169704
Aug 26, 2021
Listing Removed
—
Jul 27, 2021
Listed (Active)
*
Year
Property tax
Land + Additions
Assessment*
2024
$7,409 (−15.9%)
$38,791 + $73,492
$112,283
2023
$8,805 (+7.9%)
$35,361 + $66,994
$102,355
2022
$8,159 (+5.0%)
$32,576 + $61,717
$94,293
2021
$7,772 (+2.7%)
$30,637 + $58,043
$88,680
2020
$7,567 (+4.3%)
$29,544 + $55,972
$85,516
2019
$7,256 (+2.1%)
$28,628 + $54,236
$82,864
2018
$7,105 (+5.0%)
$27,642 + $52,366
$80,008
2017
$6,764 (+4.2%)
$26,847 + $50,861
$77,708
2015
$6,488 (+2.2%)
$26,128 + $49,500
$75,628
2013
$6,349 (+1.4%)
$25,331 + $47,988
$73,319
2012
$6,264 (+1.2%)
$26,805 + $50,781
$77,586
2011
$6,191 (+1.4%)
$28,365 + $53,737
$82,102
2010
$6,107 (+2.5%)
$29,858 + $56,565
$86,423
2008
$5,957 (+3.2%)
$30,624 + $58,015
$88,639
2007
$5,774
$30,624 + $58,015
$88,639
Tax history for 1224 N Cedar Rd
Year
Property tax
Land + Additions
Assessment*
2024
$7,409 (−15.9%)
$38,791 + $73,492
$112,283
2023
$8,805 (+7.9%)
$35,361 + $66,994
$102,355
2022
$8,159 (+5.0%)
$32,576 + $61,717
$94,293
2021
$7,772 (+2.7%)
$30,637 + $58,043
$88,680
2020
$7,567 (+4.3%)
$29,544 + $55,972
$85,516
2019
$7,256 (+2.1%)
$28,628 + $54,236
$82,864
2018
$7,105 (+5.0%)
$27,642 + $52,366
$80,008
2017
$6,764 (+4.2%)
$26,847 + $50,861
$77,708
2015
$6,488 (+2.2%)
$26,128 + $49,500
$75,628
2013
$6,349 (+1.4%)
$25,331 + $47,988
$73,319
2012
$6,264 (+1.2%)
$26,805 + $50,781
$77,586
2011
$6,191 (+1.4%)
$28,365 + $53,737
$82,102
2010
$6,107 (+2.5%)
$29,858 + $56,565
$86,423
2008
$5,957 (+3.2%)
$30,624 + $58,015
$88,639
2007
$5,774
$30,624 + $58,015
$88,639
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
1.03 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Will County
APN
1508103010800000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 2, 2026.
Property details
Parking
Parking Information
# Of Cars: 2.5
# of Garage Spaces: 2.5
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Detached
Interior
Bathroom Information
# of Baths (Full): 1
Bedroom Information
# of Bedrooms: 1
# of Bedrooms Possible: 1
Additional Rooms Information
Basement: Full
Basement Description: Unfinished
Interior Features
# of Rooms: 3
Exterior
Building Information
Living Area Source: Estimated
Exterior Building Type: Vinyl Siding
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Roof: Asphalt
Property Information
Property Type: Detached Single
Property Type: 1 Story
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): Yes
Rehab Year: 1994
Parcel Number: 1508103010800000
Lot Information
Dimensions: 279X159
Lot Size: 1.0-1.99 Acres
Financial
Tax Information
Tax Annual Amount: $7,500.40
Tax Year: 2020
Financial Information
Finance Code: Cash
Special Service Area: N
Utilities
Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer
Heating & Cooling
Heating: Natural Gas
Cooling: Central Air
Location
Homeowners Association Information
Master Association Fee Frequency: Not Required
School Information
Elementary School District: 122
Middle Or Junior School District: 122
High School District: 210
Location Information
Township: New Lenox
Corporate Limits: New Lenox
Directions: 355 to Rt 6 East, Cedar South to property on East side of street
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 1.03 acres
Style: Other
Year Built: —
Year Renovated: —
County: Will County
APN: 1508103010800000
Home facts updated by county records on Jul 2, 2026
Other
Listing Information
Holds Earnest Money: No
Possession: Closing
Around this home
Schools
Oster-Oakview School
Public 4-6 • Assigned • 0.5mi
5/10
Liberty Junior High School
Public 7-8 • Assigned • 0.6mi
7/10
Lincoln Way West
Public 9-12 • Assigned • 2.9mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
New Lenox, IL • 60451
Average low and high temperatures (°F)
30
15
39
22
56
34
64
43
71
50
83
63
87
68
82
63
80
58
69
48
51
37
37
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$177,000 – $215,000
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