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Cook 60439
12920 McCarthy Road
$321,000
● House - Off Market

12920 McCarthy Road

Lemont, IL 60439
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,163 Ft²
$1,769
Est. Monthly
9.23%
Cap Rate

About This Property

This home is being sold in as is condition. Court Approval is needed because of guardianship sale. If offer is submitted All inspections must be completed before Attorney for the Seller will schedule court date. All riders must be attached to offer to have a complete offer.  Once court approves contract and all signed rider and disclosures home will be ready to close.  This home seats on 1.368 acres. home needs total updating and offers 3 bedrooms, 2 bathrooms, full basement 2 car detached garage. Multiple Offers Received. All Offers will be received up to May 23rd by 12:00 p.m. Court date set for May 24, 2024.
Unit Size
2,163 Ft²
Days on Market
-
Land Size
1.37 acres
Price per sqft
$138
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1903

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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 #12050263)

Price History

Date / Event Date Event Price
Aug 12, 2024 Sold
Premium
Sold
May 6, 2024 Listed by RE/MAX 10 $299,000
Listed by RE/MAX 10

Property Highlights

Building Info

Overview

    General

  • Year Built: 1903
  • Effective Year Built: 1903
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 17
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 59,605
  • Total Building Area: 2,163
  • Gross Building Area: 2,163
  • Building Area: 2,163
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,163
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001368
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04

Neighborhood

  • School District Name: Lemont Township High School District 210
  • Census Tract: 824006

Geography

  • District: 19
  • Parcel: 22-26-402-005-0000
  • Meridian: SEC 26 TWN 37N RNG 11E
  • Municipality: LEMONT
  • Latitude: 41.6648
  • Longitude: -87.9343

    Address

  • Full Address: 12920 Mccarthy Rd
  • Address - House Number: 12920
  • Address - Street Name: Mccarthy
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lemont
  • Carrier Code: R018
  • 4-Digit Zip Code: 9395
  • Zip Code: 60439

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $593,645
  • Tax Rate Code Area: 19006

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 468,570
  • High Value: 553,722
  • Low Value: 383,417

    Market Valuation

  • Market Total Value: $410,000
  • Market Land Value: $104,310
  • Market Improvement Value: $305,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,000
  • Assessed Land Value: $10,431
  • Assessed Improvements Value: $30,569
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

1516 ft²

Average Home Age

64.9 years

Currently For Sale

8886 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 14100 Sheffield Drive, Homer Glen, IL, 60491

$2,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,690 ft²
14100 Sheffield Drive #203, Homer Glen, IL, 60491 Listing by Colleen McCormack

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Joanne Bartelsen, RE/MAX 10
Last Updated: 3 years ago
Data Source: MRED, MLS# 12050263
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 12920 Mc Carthy Road built and last sold?
The property at 12920 Mc Carthy Road was built in 1903 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 12920 Mc Carthy Road is $312,034.
What are some comparable homes to 12920 Mc Carthy Road?
There are currently no comparable homes to 12920 Mc Carthy Road.
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