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Homewood 60430
1431 WILLOW Road
$209,900
● House - Off Market

1431 WILLOW Road

HOMEWOOD, IL 60430
bedrooms
3 Beds
bathrooms
2 Baths
$391,555
RealtyHop Estimate
86.54%
Since Jun 1, 2008
National-US
Primary Model

About This Property

AMAZING QUALITY BUILT BRICK SPLIT LEVEL WITH 2 CAR GARAGE, COVERED FRONT PORCH & BRICK PATIO. GLEAMING HARDWOOD FLOORS, LARGE LIVING & DINING ROOMS. LARGE EAT-IN-KITCHEN. LOWER LEVEL FAMILY ROOM AND LAUNDRY. HOME IS IN FANTASTIC CONDITION. FURNACE AND CENTRAL AIR UPDATED IN 2007. NEUTRAL DECOR, WELL CARED FOR INSIDE & OUT.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$355
HOA Dues
-
Year Built
1961

Payment Calculator

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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

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,400
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,423
  • Gross Building Area: 1,423
  • Building Area: 1,423
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,423
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIEGEL HIGHLANDS THIRD
  • Land Acres: 0000000193
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (RIEGEL) (HIGHLANDS) (THIRD) ADD SUB OF PT LYING E OF ELY R/W RIEGEL RD SH NW SEC 05-35-14

Neighborhood

  • School District Name: Homewood-Flossmoor Community High School District 233
  • Census Tract: 828602

Geography

  • District: 12
  • Parcel: 32-05-116-002-0000
  • Lot: 1
  • Meridian: SEC 05 TWN 35N RNG 14E
  • Municipality: BLOOM
  • Latitude: 41.5533
  • Longitude: -87.6518

    Address

  • Full Address: 1431 Willow Rd
  • Address - House Number: 1431
  • Address - Street Name: Willow
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Homewood
  • Carrier Code: C014
  • 4-Digit Zip Code: 3436
  • Zip Code: 60430

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $723,779
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 12019

    Appraisal Valuation

  • Standard Deviation: 0.2505
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 252,837
  • High Value: 316,197
  • Low Value: 189,477

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $37,800
  • Market Improvement Value: $222,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $3,780
  • Assessed Improvements Value: $22,220

    Sales

  • Current Sale Contract Date: Apr 13, 2018
  • Current Sale Recording Date: Apr 18, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 1810816039
  • Previous Sale Recording Date: May 08, 2008
  • Previous Sale Contract Date: May 05, 2008
  • Previous Sale Amount: $210,000
  • 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 Homewood

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$171

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1592 ft²

Average Home Age

68.6 years

Currently For Sale

50 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 553 N Carroll Parkway, Glenwood, IL, 60425

$1,950 /mo

  • 2 Beds
  • 1 Bath
  • 1,082 ft²
553 N Carroll Parkway #2C, Glenwood, IL, 60425 Listing by Janine Houser

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ron Wexler, Keller Williams Preferred Rlty
Data Source: MRED, MLS# MRD06777154
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 1431 Willow Road built and last sold?
The property at 1431 Willow Road was built in 1961 and last sold on Apr 13, 2018 for $130,000.
How much is this home worth?
The estimated value of the home located at 1431 Willow Road is $0.
What are some comparable homes to 1431 Willow Road?
There are currently no comparable homes to 1431 Willow Road.
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