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Posen 60469
14446 S Sherman Avenue
$204,000
● House - Off Market

14446 S Sherman Avenue

Posen, IL 60469
bedrooms
3 Beds
bathrooms
2 Baths
$201,551
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Beautiful brick & stone, 3BD+1 Basement, 2BA home with attached 2-car garage is a must see! Upon entry you will notice the spacious and very bright living room with gorgeous crown molding and stone fireplace then to your right the dining room area leading to the kitchen with stunning marble floors and eating area. Abundant sunlight in this home with newer windows throughout.  The cozy sitting room with full wall-length windows opposite each other and the timbered ceiling makes for a relaxing retreat.  There is plenty of space in the full basement w/fireplace and additional room for crafts, office space...make it your own! Property is being sold "AS IS" Condition.
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$295
HOA Dues
-
Year Built
1952

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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: 3 years ago (MRED MLS #11749948)

Price History

Date / Event Date Event Price
May 12, 2023 Sold
Premium
Sold
Apr 1, 2023 Listed by Harthside Realtors, Inc. $200,000
Listed by Harthside Realtors, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 3
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,300
  • Total Building Area: 1,559
  • Gross Building Area: 1,559
  • Building Area: 1,559
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,559
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUBDIVISION OF NE OF SEC 12 N OF INDIA
  • Land Acres: 0000000145
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (SUBDIVISION) OF NE OF SEC 12 N OF INDIAN BOUNDARY LI NE EXCEPT S 15.56 CHS NE SEC 12-36-13

Neighborhood

  • School District Name: Posen-Robbins Elementary School District 143-5
  • Census Tract: 824800

Geography

  • District: 13
  • Parcel: 28-12-214-053-0000
  • Block: 15
  • Lot: 25
  • Meridian: SEC 12 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6301
  • Longitude: -87.6806

    Address

  • Full Address: 14446 S Sherman Ave
  • Address - House Number: 14446
  • Street Direction: S
  • Address - Street Name: Sherman
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Posen
  • Carrier Code: C003
  • 4-Digit Zip Code: 1312
  • Zip Code: 60469

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $358,401
  • Tax Rate Code Area: 13031

    Appraisal Valuation

  • Standard Deviation: 0.265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 195,230
  • High Value: 246,982
  • Low Value: 143,479

    Market Valuation

  • Market Total Value: $160,000
  • Market Land Value: $22,050
  • Market Improvement Value: $137,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $2,205
  • Assessed Improvements Value: $13,795

    Sales

  • Current Sale Contract Date: May 11, 2023
  • Current Sale Recording Date: May 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 47148
  • Previous Sale Recording Date: Nov 18, 2002
  • Previous Sale Contract Date: Oct 22, 2002
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 27
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 Posen

Stats & Trends

Median Asking:

$234,950

Sale Price/ft²

$164

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1133 ft²

Average Home Age

56 years

Currently For Sale

5 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

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MRED

Listed by: Sonia Perez, Harthside Realtors, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11749948
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 14446 Sherman Avenue built and last sold?
The property at 14446 Sherman Avenue was built in 1952 and last sold on May 11, 2023 for $204,000.
How much is this home worth?
The estimated value of the home located at 14446 Sherman Avenue is $202,000.
What are some comparable homes to 14446 Sherman Avenue?
There are currently no comparable homes to 14446 Sherman Avenue.
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