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Frankfort 60423
119 Walnut Avenue
$265,000
● House - Off Market

119 Walnut Avenue

FRANKFORT, IL 60423
bedrooms
4 Beds
bathrooms
1 Bath
$471,867
RealtyHop Estimate
71.65%
Since Jul 1, 2007
National-US
Primary Model

About This Property

Cute Country Charmer! This home has country charm written all over it! 4 nice bedrooms*True country kitch w/refrig. 2004 pretty pergo floor and adjacent laundry  9 x 7 w/ newer front load washer and dryer(04)* Big living room 16 x 15*Deck w/ mini pond*new roof gutters and siding 07*furnace and ac 02* newer 2.5 car garage and cement drive*Neat country front porch* Big lot in the heart of Old Frankfort*
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$270
HOA Dues
-
Year Built
1889

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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.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1889
  • Effective Year Built: 1889
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 576
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,128
  • Lot Size Depth Feet: 660
  • Lot Size Frontage Feet: 1,080
  • Total Building Area: 1,428
  • Building Area: 1,428
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE ORIGINAL TOWN OF FRANKFORT
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 5 6 THE S 8 FT OF LOT 4 IN BLK 9 (EX THE E 58.35 FT THROF) IN THE ORIGINAL TOWN OF FRANKFORT, BEING A SUB OF PRT OF THE

Neighborhood

  • School District Name: Frankfort Community Consolidated School District 157C
  • Census Tract: 883504

Geography

  • Parcel: 19-09-28-212-013
  • Block: 9
  • Lot: T
  • Meridian: SEC 28 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.497
  • Longitude: -87.8532

    Address

  • Full Address: 119 Walnut St
  • Address - House Number: 119
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Frankfort
  • Carrier Code: C004
  • 4-Digit Zip Code: 1436
  • Zip Code: 60423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $625,292
  • Tax Rate Code Area: 1906

    Appraisal Valuation

  • Standard Deviation: 0.1996
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 321,110
  • High Value: 385,216
  • Low Value: 257,004

    Market Valuation

  • Market Total Value: $239,037
  • Market Land Value: $60,396
  • Market Improvement Value: $178,641

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,679
  • Assessed Land Value: $20,132
  • Assessed Improvements Value: $59,547

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 24, 2018
  • Current Sale Recording Date: Jan 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2018007121
  • Previous Sale Recording Date: Jan 22, 2016
  • Previous Sale Contract Date: Jan 19, 2016
  • Previous Sale Amount: $177,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Frankfort

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$218

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3320 ft²

Average Home Age

27.6 years

Currently For Sale

62 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

Rentals Near You

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MRED

Listed by: Corey Bergamo, RE/MAX Team 2000
Data Source: MRED, MLS# MRD06476291
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 119 Walnut Street built and last sold?
The property at 119 Walnut Street was built in 1889 and last sold on Jan 24, 2018 for $244,000.
How much is this home worth?
The estimated value of the home located at 119 Walnut Street is $277,649.
What are some comparable homes to 119 Walnut Street?
There are currently no comparable homes to 119 Walnut Street.
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