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4 Drake Ln #4DRAK, Beecher, IL, 60401

2beds
2baths
901sqft
$106,900
$119price/sqft
$914/moest. monthly cost
$36,560/yrincome needed

About This Home

COMING SOON! Currently under construction. Welcome to Pheasant Lake Estates, a vibrant all-ages community in Beecher where your new home is coming to life. This brand-new 2026 home will offer 2 bedrooms, 2 bathrooms, and approximately 901 sq ft of thoughtfully designed living space. Currently under construction, the home will feature a bright open-concept layout with abundant natural light. Residents of Pheasant Lake Estates have access to community amenities including a clubhouse, dog park, playground and walking paths.Conveniently located near schools, shopping, and dining. Secure your new home today and watch it come to life! Please note: Some photos have been enhanced and may not reflect the final product or exact home finishes.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

4/10
4/10
9/10
Crete-Monee High SchoolGrades 9-123.4 mi

Construction

Condition

  • Year built: 2026

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home

Interior

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 901

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 901
  • Total interior livable area: 901 sqft

Property

Details

  • On leased land: Yes
  • Lease amount: 961

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Inland Flooding
Heat Wave
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $540$6,480
Home Insurance *$57$684
Property Taxes $187$2,244
Electricity $130$1,569
Total$914$10,968
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$31,337/yr
40% on housing$27,420/yr
45% on housing$24,373/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.5%
12.5%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$119This listing

vs Other Active Listings

Avg $/sqft

ZIP 60401$98
Will County$189

vs Homes Sold Last Month

Median $/sqft

ZIP 60401$139
Will County$193

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-30Listed for sale$106,900

For Sale by Agent

AgentSandie Dresden
BrokeragePheasant Lake Estates

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