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Flossmoor 60422
1038 Douglas Avenue
$295,000
● House - Off Market

1038 Douglas Avenue

Flossmoor, IL 60422
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,000 Ft²
$306,823
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Amazing home in Old Flossmoor! Tons of charm. 4 bedroom home + 3 full baths with first floor bedroom with private bath.  Charming 2-story home with hardwood flooring and approximately 2000 sq/ft. Large family room w/fireplace and separate dining room. Beautifully updated kitchen with white cabinets, stainless steel appliances, tiled backsplash and granite counters. Generous sized dinette for your kitchen table. Finished lower level is perfect for additional space or man cave!  Detached 2+ car garage.  Perfect for the city buyer looking for close transportation to University of Chicago and/or Millennium Station.  Convenient location to metra, historic downtown and schools! Hurry-priced to sell! *Please note there is not a homeowners exemption. Taxes will be lower!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$150
Property Type
House
Property Taxes
$963
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11386825)

Price History

Date / Event Date Event Price
Jul 6, 2022 Sold
Premium
Sold
May 5, 2022 Listed by Keller Williams Preferred Rlty $299,900
Listed by Keller Williams Preferred Rlty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,120
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 1,520
  • Total Building Area: 2,240
  • Gross Building Area: 2,240
  • Building Area: 2,240
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,240
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUBDIVISION OF 91.76ACS OF PT SE SEC 0
  • Land Acres: 0000000209
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: (SUBDIVISION) OF 91.76ACS OF PT SE SEC 01-35-13

Neighborhood

  • School District Name: Homewood-Flossmoor Community High School District 233
  • Census Tract: 829800

Geography

  • District: 32
  • Parcel: 31-01-411-030-0000
  • Block: 5
  • Lot: 30,1
  • Meridian: SEC 01 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5432
  • Longitude: -87.6839

    Address

  • Full Address: 1038 Douglas Ave
  • Address - House Number: 1038
  • Address - Street Name: Douglas
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Flossmoor
  • Carrier Code: C002
  • 4-Digit Zip Code: 1112
  • Zip Code: 60422

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,204,728
  • Tax Rate Code Area: 32012

    Appraisal Valuation

  • Standard Deviation: 0.276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 60
  • Final Value: 312,425
  • High Value: 398,683
  • Low Value: 226,167

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $50,160
  • Market Improvement Value: $249,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $5,016
  • Assessed Improvements Value: $24,984

    Sales

  • Current Sale Contract Date: Jul 06, 2022
  • Current Sale Recording Date: Jul 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 18127
  • Previous Sale Recording Date: Jul 20, 2018
  • Previous Sale Contract Date: Jul 09, 2018
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Flossmoor

Stats & Trends

Median Asking:

$357,500

Sale Price/ft²

$152

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2246 ft²

Average Home Age

60.8 years

Currently For Sale

30 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 18200 Fountainbleau Drive, Hazel Crest, IL, 60429

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
18200 Fountainbleau Drive, Hazel Crest, IL, 60429 Listing by Gino Picciola

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ron Wexler, Keller Williams Preferred Rlty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11386825
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1038 Douglas Avenue built and last sold?
The property at 1038 Douglas Avenue was built in 1958 and last sold on Jul 6, 2022 for $295,000.
How much is this home worth?
The estimated value of the home located at 1038 Douglas Avenue is $0.
What are some comparable homes to 1038 Douglas Avenue?
There are currently no comparable homes to 1038 Douglas Avenue.
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