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Dolton 60419 Dolton
14247 ELLIS Avenue
$220,000
● House - Off Market

14247 ELLIS Avenue

Dolton, IL 60419
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,450 Ft²
$1,635
Est. Monthly
16.83%
Cap Rate

About This Property

Come take a look at this beautifully rehabbed Tri-level styled home situated on a large corner lot for extra space! Walk into an open floor concept with/ great natural light in the living room and updated features throughout. Brand new kitchen cabinets and spacious 4 bedrooms with modern finishes in 1.5 bathrooms. Enjoy a large fully fenced-in backyard w/ detached 2-car garage. System upgrades include a newer furnace, A/C, electrical, and water heater. To top it off, WE ARE OFFERING A 5-YEAR-HOME WARRANTY ON ALL SYSTEMS so you can truly call this a home. Brand-new appliances will also be installed before closing.
Unit Size
1,450 Ft²
Days on Market
-
Land Size
-
Price per sqft
$148
Property Type
House
Property Taxes
$581
HOA Dues
-
Year Built
1962

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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 #11948659)

Price History

Date / Event Date Event Price
Mar 8, 2024 Sold
Premium
Sold
Dec 18, 2023 Listed by AAA Real Estate $214,500
Listed by AAA Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,366
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 430
  • Total Building Area: 1,313
  • Gross Building Area: 1,313
  • Building Area: 1,313
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,313
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CALUMET PARK THIRD
  • Land Acres: 0000000123
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (CALUMET)(PARK)(THIRD) ADD SUB OF EX W 1334.13FT LOTS 1-3 IN SUB OF PT SW SEC 02-36-14

Neighborhood

  • School District Name: Dolton School District 148
  • Census Tract: 826401

Geography

  • District: 37
  • Parcel: 29-02-304-022-0000
  • Block: 1
  • Lot: 1-3
  • Meridian: SEC 02 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.6354
  • Longitude: -87.5927

    Address

  • Full Address: 14247 Ellis Ave
  • Address - House Number: 14247
  • Address - Street Name: Ellis
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Dolton
  • Carrier Code: C021
  • 4-Digit Zip Code: 1364
  • Zip Code: 60419

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $697,971
  • Tax Rate Code Area: 37035

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 207,260
  • High Value: 228,216
  • Low Value: 186,304

    Market Valuation

  • Market Total Value: $150,000
  • Market Land Value: $22,810
  • Market Improvement Value: $127,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,000
  • Assessed Land Value: $2,281
  • Assessed Improvements Value: $12,719

    Sales

  • Current Sale Contract Date: Mar 05, 2024
  • Current Sale Recording Date: Mar 21, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20130
  • Previous Sale Recording Date: Nov 24, 2023
  • Previous Sale Contract Date: Sep 13, 2023
  • Previous Sale Amount: $90,000
  • 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 Dolton

Stats & Trends

Median Asking:

$179,900

Sale Price/ft²

$140

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1284 ft²

Average Home Age

69.4 years

Currently For Sale

94 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: Bilal Hussain, AAA Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11948659
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 14247 Ellis Avenue built and last sold?
The property at 14247 Ellis Avenue was built in 1962 and last sold on Mar 5, 2024 for $220,000.
How much is this home worth?
The estimated value of the home located at 14247 Ellis Avenue is $214,900.
What are some comparable homes to 14247 Ellis Avenue?
There are currently no comparable homes to 14247 Ellis Avenue.
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