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Midlothian 60445
14547 Homan Avenue
$167,000
● House - Off Market

14547 Homan Avenue

Midlothian, IL 60445
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,336 Ft²
$181,781
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Step into this lovingly maintained ranch home featuring 3 bedrooms, a family room, multi-use screened porch, side driveway and 2 car garage. Spacious kitchen with plenty of cabinets and table space. Vinly replacement windows throughout, newer furnace and AC.  Great fenced yard and patio. Short walk to area schools and Memorial Park. Plenty of entertainment and shopping on 147th St and Cicero Ave with easy access to I-294/I-57 and the Metra Stop. A little TLC will go along way while still being affordable with today's low interest rates. Property is sold as-is.
Unit Size
1,336 Ft²
Days on Market
-
Land Size
-
Price per sqft
$124
Property Type
House
Property Taxes
$239
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 #11206748)

Price History

Date / Event Date Event Price
Dec 1, 2021 Sold
Premium
Sold
Sep 1, 2021 Listed by A&R Realty LLC $165,000
Listed by A&R Realty LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • 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: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,650
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,336
  • Gross Building Area: 1,336
  • Building Area: 1,336
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,336
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MCINTOSH & COS MIDLOTHIAN HOME GARDENS
  • Land Acres: 0000000153
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: A T (MCINTOSH) & COS (MIDLOTHIAN) HOME (GARDENS) SUB IN SH NE SEC 11-36-13

Neighborhood

  • School District Name: Midlothian School District 143
  • Census Tract: 824702

Geography

  • District: 13
  • Parcel: 28-11-219-010-0000
  • Block: 4
  • Lot: 15
  • Meridian: SEC 11 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6281
  • Longitude: -87.7029

    Address

  • Full Address: 14547 Homan Ave
  • Address - House Number: 14547
  • Address - Street Name: Homan
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Midlothian
  • Carrier Code: C015
  • 4-Digit Zip Code: 3009
  • Zip Code: 60445

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $415,458
  • Tax Rate Code Area: 13036

    Appraisal Valuation

  • Standard Deviation: 0.2609
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 201,658
  • High Value: 254,284
  • Low Value: 149,033

    Market Valuation

  • Market Total Value: $160,010
  • Market Land Value: $23,280
  • Market Improvement Value: $136,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,001
  • Assessed Land Value: $2,328
  • Assessed Improvements Value: $13,673

    Sales

  • Current Sale Contract Date: Nov 24, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2134439129
  • Previous Sale Recording Date: Jan 18, 2006
  • Previous Sale Contract Date: Dec 02, 2005
  • Previous Sale Amount: $153,000
  • 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 Midlothian

Stats & Trends

Median Asking:

$255,000

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1369 ft²

Average Home Age

64.9 years

Currently For Sale

22 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 14521 S Richmond Avenue, Posen, IL, 60469

$1,375 /mo

  • 2 Beds
  • 1 Bath
  • 850 ft²
14521 S Richmond Avenue #2, Posen, IL, 60469 Listing by Christian Halsey

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Alberto Canaveral, A&R Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11206748
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 14547 Homan Avenue built and last sold?
The property at 14547 Homan Avenue was built in 1952 and last sold on Nov 24, 2021 for $167,000.
How much is this home worth?
The estimated value of the home located at 14547 Homan Avenue is $0.
What are some comparable homes to 14547 Homan Avenue?
There are currently no comparable homes to 14547 Homan Avenue.
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