$63,000
●
House -
Off Market
14536 Turner Avenue
Midlothian, IL 60445
2 Beds
1 Bath
624 Ft²
$66,111
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
CORPORATE OWNED Single Family Home Sold AS-IS WITH A MOTIVATED
SELLER. GREAT OPPORTUNITY FOR RESTORATION AT THIS PRICE. VACANT AND
EASY TO SHOW. PLEASE INSPECT PRIOR TO SUBMITTING AN OFFER SINCE WE
ARE SELLING "AS-IS". Proof of funds required for access and for
offers to be considered. PLEASE NOTE: THE SELLER WILL
PAY CURRENT AND ALL PRIOR TAX BUT 0% CREDIT FOR FUTURE BILLS. NO
SURVEY. EXPERIENCED & QUALIFIED DEVELOPERS ONLY. NO wholesale
or reselling before rehab is complete. Seller does not
collect earnest money, but prefers accelerated closing dates.
Property will be transferred via Quit Claim Deed and owners' policy will be provided to insure the transaction. Buyer
responsible for title escrow fees at pre-negotiated amount.
Unit Size
624 Ft²
Days on Market
-
Land Size
-
Price per sqft
$106
Property Type
House
Property Taxes
$170
HOA Dues
-
Year Built
1925
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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 #11806627)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2023 | Sold | ||
| Sold | |||
| Aug 4, 2023 | Listed by Ruiz Realty, Inc. | $209,000 | |
| Listed by Ruiz Realty, Inc. | |||
| | |||
|
Welcome to this nicely updated three bedroom, two bath home located just one block from a wonderful park. The first floor features beautifully refinished hardwood floors, all new lighting, two bedrooms, one updated bathroom, large living room, and kitchen. In the kitchen are brand new Samsung stainless steel appliances with new cabinetry and new quartz counter tops. The lower level includes a large family room, third bedroom, second bathroom, and laundry room. Outside, you'll notice all new landscaping, a beautiful flagstone patio, large yard, and a fire pit area for your family to enjoy. Additionally, there is a garage with a newly paved driveway. Schedule your showing today.
| |||
| Jun 27, 2023 | Sold | ||
| Sold | |||
| Jun 12, 2023 | Listed by Andre Collins | $66,000 | |
| Listed by Andre Collins | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Midlothian
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Listed by: Andre Collins, Andre Collins
Last Updated: 3 years ago
Data Source: MRED, MLS# 11806627
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11806627
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