masterkey logo
16405 S Peerless Ct
Score
0
Plainfield, IL

16405 S Peerless Ct

280K
3 bd • 1 ba • 1,196 sf

This analysis was generated on 3/3/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

0:00
0:00 / 0:00
List Price

$279,600

Price/Sq.Ft

$234

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Mature Trees: Mature trees provide shade, privacy, and aesthetic appeal, increasing property value • Landscaping: Well-maintained landscaping enhances curb appeal and adds value • Attached Garage • Well-Maintained Lawn • Mature Landscaping • Price Position: Priced at $233.78/sqft, significantly higher than the recent median of $186/sqft. This discrepancy warrants careful investigation and comparison to similar properties. • Appreciation Trend: Modest 1.7% year-over-year price increase suggests limited recent appreciation. • Potential Equity: Property could be worth up to $15,400 more than the asking price • Rental Income: $2,720/month with 99% occupancy (0.1% cap rate) • Schools: No specific data available to quantify the impact of school ratings on property values in this location. • Future Development: No specific data on planned developments or changes available for this location. • The property appears to be a single-story ranch-style home with an attached garage. The layout seems functional, with good separation between the living areas and the garage.
Mature Trees

Mature Trees

Mature trees provide shade, privacy, and aesthetic appeal, increasing property value.

Landscaping

Landscaping

Well-maintained landscaping enhances curb appeal and adds value.

The Bad

• Sellers market may shift to balanced market. • Rising interest rates could impact affordability and slow down sales. • Lack of specific property details (year built, features, etc.) makes accurate valuation challenging. • Climate Risk: No specific data on insurance implications related to climate risks available for this location.

The Ugly

No critical issues identified

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $32,640 with 99% occupancy rate Value Investors: Projected 10.9% appreciation potential in moderate scenario

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$116,675

Property History

Price History
Ownership Timeline
$488,333Financed
Aug 21, 1998
Robert L Allen, Barbara J AllenThomas H Bonderski, Lisa D Bonderski
Warranty Deed
Standard Sale (Purchase/Resales)

Market Insights

Real-time analysis of the local housing market

February 2025
Seller's Market

This is currently a competitive market for buyers in 60586. Homes are selling quickly and often above asking price, so be prepared to act fast and make strong offers.

$371,031
$186/sqft
1.7%
Change from last month
Your price: $280K (-25%)
Your price/sqft: $234/sqft (+26%)
139
33 sold last month
3.5%
Change from last month
28 days
Average for homes in this area
9.6%
Change from last month

Sale Price Distribution

Last month
8
Over Asking
homes
7
At Asking
homes
18
Under Asking
homes
Total: 33 homes sold

If you're buying a home in 60586, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Sale Time Distribution

Last month
21
Under 30 Days
homes
Your property
10
30-90 Days
homes
2
Over 90 Days
homes
Total: 33 homes sold

Many homes in 60586 are selling fast, if you're buying plan to act quickly.

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Risk Assessment

Risk Analysis

• Sellers market may shift to balanced market. • Rising interest rates could impact affordability and slow down sales. • Lack of specific property details (year built, features, etc.) makes accurate valuation challenging. • Climate & Insurance: No specific data on climate mitigation costs available for this location.

Price Prediction Challenge

Think you know what 16405 S Peerless Ct will sell for? Put your market expertise to the test!

Be the first to predict

Your local insight could help set the benchmark for other buyers.

No predictions yet

Kick off the challenge by making your guess. You'll help other buyers get a feel for this property’s value—and you might just claim the top spot when it sells.

Financials

Monthly Costs
Market Rent (3 bed)

$2,720

Get a detailed estimate on Zillow®
Unlock Premium Features

Supercharge Your Property Analysis

Get unlimited AI-powered insights and analysis to make confident decisions about any property you're interested in.

Best for serious buyers
  • Unlimited AI analysis
  • Unlimited AI chat
  • Advanced tools & insights
$24.92/mo
Billed yearlySave 17% ($60/year)
Cancel anytime • 30-day money-back guarantee

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$279,600
Price/sqft
$234
Layout
3 bd1 ba

Stats in the Area

Based on 4 comparable properties nearby

Average Price

$240,475

16.3%

Your price is 16.3% above average

Median Price

$257,000

8.8%

Based on 4 recent sales

Price per Sq.Ft

$204

14.6%

Your price is 14.6% above average $/sqft

Comparable Properties

15921 S Mcclellan Avenue, Plainfield, IL 60544
Price: $199,900
Sq.Ft: 1,100
Beds/Baths: 2/1
$/Sq.Ft:
$18222.3%
Sale Date: 12/29/2024
16327 S Lily Cache Road, Plainfield, IL 60586
Price: $277,500
Sq.Ft: 1,116
Beds/Baths: 4/1
$/Sq.Ft:
$2496.4%
Sale Date: 9/9/2024
23908 W Dayfield Drive, Plainfield, IL 60586
Price: $257,000
Sq.Ft: 1,374
Beds/Baths: 2/2
$/Sq.Ft:
$18720.0%
Sale Date: 12/28/2024
3070 Woodside Drive, Joliet, IL 60431
Price: $227,500
Sq.Ft: 1,140
Beds/Baths: 2/2
$/Sq.Ft:
$20014.6%
Sale Date: 9/29/2024

Frequently Asked Questions

Property Discussion

Start the Conversation

Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.

You
Potential Savings
$8,388
Join 1,000+ buyers

Analyze Any Property for Free

Get instant insights and potential savings on any Zillow® listing.

Free Analysis
AI-Powered Insights
Instant Results