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Cook 60464
12662 S SUFFIELD Drive
$495,000
● House - Off Market

12662 S SUFFIELD Drive

PALOS PARK, IL 60464
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,500 Ft²
$985,655
RealtyHop Estimate
86.01%
Since May 1, 2008
National-US
Primary Model

About This Property

MUCH SOUGHT AFTER BRICK "TRUE" RANCH IN SUFFIELD WOODS-BE PREPARED TO BE IMPRESSED--LT MAPLE CABINETRY, SOLID SURFACE TOPS, IMMACULATELY KEPT, SOARING CEILINGS, SOFT NEUTRAL DECOR, BY FAR ONE OF THE MOST WELL FINISHED BASEMENTS YOU'LL EVER SEE INC. BATH W/STEAM SHOWER!  BUMPED OUT GARAGE IS PIPED FOR FURNACE AND ALMOST 3-CAR SIZE.  ABSOLUTELY NOTHING TO DO HERE--IT'S PERFECT! ON A SCALE OF 1-10 THIS HOME IS A  20!!!
Unit Size
2,500 Ft²
Days on Market
-
Land Size
-
Price per sqft
$212
Property Type
House
Property Taxes
$499
HOA Dues
-
Year Built
1998

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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
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 11
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,881
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 910
  • Total Building Area: 2,518
  • Gross Building Area: 2,518
  • Building Area: 2,518
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,518
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PALOS WEST PH 08
  • Land Acres: 0000000227
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04

Neighborhood

  • School District Name: Consolidated High School District 230
  • Census Tract: 823801

Geography

  • District: 30
  • Parcel: 23-29-403-072-0000
  • Lot: 301
  • Meridian: SEC 29 TWN 37N RNG 12E
  • Municipality: PALOS
  • Latitude: 41.6591
  • Longitude: -87.8832

    Address

  • Full Address: 12662 Suffield Dr
  • Address - House Number: 12662
  • Address - Street Name: Suffield
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Palos Park
  • Carrier Code: R005
  • 4-Digit Zip Code: 2578
  • Zip Code: 60464

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $876,180
  • Tax Rate Code Area: 30020

    Appraisal Valuation

  • Standard Deviation: 0.2259
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 570,822
  • High Value: 699,794
  • Low Value: 441,850

    Market Valuation

  • Market Total Value: $478,140
  • Market Land Value: $91,400
  • Market Improvement Value: $386,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,814
  • Assessed Land Value: $9,140
  • Assessed Improvements Value: $38,674

    Sales

  • Current Sale Contract Date: Apr 30, 2008
  • Current Sale Recording Date: May 02, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0812346043
  • Previous Sale Recording Date: Oct 18, 2000
  • Previous Sale Contract Date: Jun 13, 2000
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: 27
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 Cook

Stats & Trends

Median Asking:

$369,900

Sale Price/ft²

$240

Above Asking

2.05%

Average Days on Market

45

Average Home Size

1512 ft²

Average Home Age

64.8 years

Currently For Sale

9025 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 14031 Preston Drive, Orland Park, IL, 60462

$6,000 /mo

  • 4 Beds
  • 3 Baths
  • 3,319 ft²
14031 Preston Drive, Orland Park, IL, 60462 Listing by Joanna Komenda

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Karen Pasek, CSC, Berkshire Hathaway HomeServices Blount REALTORS
Data Source: MRED, MLS# MRD06706208
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 12662 Suffield Drive built and last sold?
The property at 12662 Suffield Drive was built in 1998 and last sold on Apr 30, 2008 for $495,000.
How much is this home worth?
The estimated value of the home located at 12662 Suffield Drive is $535,156.
What are some comparable homes to 12662 Suffield Drive?
There are currently no comparable homes to 12662 Suffield Drive.
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