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Harvey 60426
14318 Normal Avenue
$55,000
● House - Off Market

14318 Normal Avenue

Harvey, IL 60426
bedrooms
3 Beds
bathrooms
1 Bath
square feet
983 Ft²
$357
Est. Monthly
33.80%
Cap Rate

About This Property

Brick bungalow features 3 bedrooms, 1 bathroom, formal living room, formal dining room, kitchen, and partially finished full basement.
Unit Size
983 Ft²
Days on Market
-
Land Size
-
Price per sqft
$61
Property Type
House
Property Taxes
$63
HOA Dues
-
Year Built
1953

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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 #11998074)

Price History

Date / Event Date Event Price
Jun 10, 2024 Sold
Premium
Sold
Mar 6, 2024 Listed by Meeker Real Estate Inc $59,900
Listed by Meeker Real Estate Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 28
  • 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: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 400
  • Total Building Area: 983
  • Gross Building Area: 983
  • Building Area: 983
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 983
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STREAMSIDE PARK
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (STREAMSIDE)(PARK) SUB IN PT & PT OF SEC 9-36-14 OF L ITTLE CALUMET RIVER & W OF IC RR NE SEC 08-36-14

Neighborhood

  • School District Name: Thornton Township High School District 205
  • Census Tract: 827000

Geography

  • District: 37
  • Parcel: 29-09-102-068-0000
  • Block: 3
  • Lot: 11,10
  • Meridian: SEC 09 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.6289
  • Longitude: -87.6344

    Address

  • Full Address: 14318 Normal Ave
  • Address - House Number: 14318
  • Address - Street Name: Normal
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Harvey
  • Carrier Code: C018
  • 4-Digit Zip Code: 1252
  • Zip Code: 60426

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $70,653
  • Tax Rate Code Area: 37047

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 58,731
  • High Value: 64,669
  • Low Value: 52,793

    Market Valuation

  • Market Total Value: $84,000
  • Market Land Value: $18,750
  • Market Improvement Value: $65,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,400
  • Assessed Land Value: $1,875
  • Assessed Improvements Value: $6,525

    Sales

  • Current Sale Contract Date: Jun 18, 2004
  • Current Sale Recording Date: Dec 08, 2005
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 0534215130
  • Previous Sale Recording Date: Aug 21, 2000
  • Previous Sale Contract Date: Aug 11, 2000
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: 20
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 Harvey

Stats & Trends

Median Asking:

$145,000

Sale Price/ft²

$114

Below Asking

0.04%

Average Days on Market

59

Average Home Size

1264 ft²

Average Home Age

81.5 years

Currently For Sale

70 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 310 E 138th Street, Chicago, IL, 60827

$1,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
310 E 138th Street, Chicago, IL, 60827 Listing by Richard Harnik
Unit for rent at 15334 Dr. Martin Luther King Jr. Drive, Dolton, IL, 60419

$1,700 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
15334 Dr. Martin Luther King Jr. Drive #3W, Dolton, IL, 60419 Listing by Olga Kaminska

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Steve Meeker, Meeker Real Estate Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11998074
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 14318 Normal Avenue built and last sold?
The property at 14318 Normal Avenue was built in 1953 and last sold on Jun 18, 2004 for $0.
How much is this home worth?
The estimated value of the home located at 14318 Normal Avenue is $0.
What are some comparable homes to 14318 Normal Avenue?
There are currently no comparable homes to 14318 Normal Avenue.
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