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Cook 60445
14240 Linder Avenue
$145,000
● House - Off Market

14240 Linder Avenue

Midlothian, IL 60445
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,229 Ft²
$799
Est. Monthly
19.51%
Cap Rate

About This Property

Incredible investment opportunity in Midlothian! Single family. Hardwood floors. 2 Car garage. Great potential! Close to all accommodations including schools, parks, shops, restaurants and more! Not for rent or lease.  Selling as is. Buyer is to waive well and septic inspections.
Unit Size
1,229 Ft²
Days on Market
-
Land Size
-
Price per sqft
$122
Property Type
House
Property Taxes
$63
HOA Dues
-
Year Built
1947

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 2 years ago (MRED MLS #12209925)

Price History

Date / Event Date Event Price
Jan 8, 2025 Sold
Premium
Sold
Nov 26, 2024 In contract -
In contract
Nov 14, 2024 Listed by Grandview Realty, LLC $149,900
Listed by Grandview Realty, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • 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: 20,800
  • Total Building Area: 1,229
  • Gross Building Area: 1,229
  • Building Area: 1,229
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,229
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLTOP ESTATES NUMBER 2
  • Land Acres: 0000000478
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Forest Ridge School District 142
  • Census Tract: 824601

Geography

  • District: 13
  • Parcel: 28-04-306-012-0000
  • Meridian: SEC 04 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6333
  • Longitude: -87.7545

    Address

  • Full Address: 14240 Linder Ave
  • Address - House Number: 14240
  • Address - Street Name: Linder
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Midlothian
  • Carrier Code: C018
  • 4-Digit Zip Code: 2122
  • Zip Code: 60445

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $162,386
  • Tax Rate Code Area: 13004

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 222,031
  • High Value: 272,729
  • Low Value: 171,332

    Market Valuation

  • Market Total Value: $148,200
  • Market Land Value: $83,200
  • Market Improvement Value: $65,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,820
  • Assessed Land Value: $8,320
  • Assessed Improvements Value: $6,500
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

1522 ft²

Average Home Age

65.1 years

Currently For Sale

8922 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Christopher Lobrillo, Grandview Realty, LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12209925
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 14240 Linder Avenue built and last sold?
The property at 14240 Linder Avenue was built in 1947 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 14240 Linder Avenue is $0.
What are some comparable homes to 14240 Linder Avenue?
There are currently no comparable homes to 14240 Linder Avenue.
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