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Midlothian 60445
14602 HAMLIN Avenue
$189,400
● House - Off Market

14602 HAMLIN Avenue

Midlothian, IL 60445
bedrooms
3 Beds
bathrooms
1 Bath
$186,847
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

LARGE AND SOLID BRICK RANCH WITH NO EXTERIOR MAINTENANCE. OPEN FLOOR PLAN WITH 3 BEDROOMS AND A LARGE KITCHEN AND LIVING AREA. HARDWOOD FLOORS UNDER CARPETING AND SOME FLOORS ALREADY DONE. BIG KITCHEN AND EATING AREA THAT COULD ALSO BE USED FOR A SMALL WORK AREA. ONE CAR ATTACHED GARAGE , PLUS A NICE SIDE YARD WITH FLOWERS GALORE. A 16X12 LIVING ROOM IS BIG ENOUGH FOR ANY OCCASION. CLOSE TO INTERSTATE AND METRA STATION. UPDATES... ROOF(2016), FURNACE AND A/C(2012), WINDOWS(2010). ALL APPLIANCES STAY. IN HUGE KITCHEN. CLOSE TO EVERYTHING AND IS WAITING FOR YOU!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
1963

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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 #11817287)

Price History

Date / Event Date Event Price
Aug 28, 2023 Sold
Premium
Sold
Jun 26, 2023 Listed by Harthside Realtors, Inc. $187,900
Listed by Harthside Realtors, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 5,296
  • Total Building Area: 1,053
  • Gross Building Area: 1,053
  • Building Area: 1,053
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,053
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: A T MCINTOSHS MIDLOTHIAN MANOR
  • Land Acres: 0000000122
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Midlothian School District 143
  • Census Tract: 824701

Geography

  • District: 13
  • Parcel: 28-11-126-035-0000
  • Municipality: BREMEN
  • Latitude: 41.6273
  • Longitude: -87.7133

    Address

  • Full Address: 14602 Hamlin Ave
  • Address - House Number: 14602
  • Address - Street Name: Hamlin
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Midlothian
  • Carrier Code: C013
  • 4-Digit Zip Code: 2818
  • Zip Code: 60445

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $422,753
  • Tax Rate Code Area: 13036

    Appraisal Valuation

  • Standard Deviation: 0.2609
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 204,383
  • High Value: 257,719
  • Low Value: 151,046

    Market Valuation

  • Market Total Value: $150,000
  • Market Land Value: $18,540
  • Market Improvement Value: $131,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,000
  • Assessed Land Value: $1,854
  • Assessed Improvements Value: $13,146

    Sales

  • Current Sale Contract Date: Aug 25, 2023
  • Current Sale Recording Date: Aug 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 55031
  • Previous Sale Recording Date: Sep 25, 2001
  • Previous Sale Contract Date: Aug 21, 2001
  • Previous Sale Amount: $115,000
  • 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:

$256,000

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1278 ft²

Average Home Age

68 years

Currently For Sale

28 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

Rentals Near You

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MRED

Listed by: James Dace, Harthside Realtors, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11817287
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 14602 Hamlin Avenue built and last sold?
The property at 14602 Hamlin Avenue was built in 1963 and last sold on Aug 25, 2023 for $189,500.
How much is this home worth?
The estimated value of the home located at 14602 Hamlin Avenue is $0.
What are some comparable homes to 14602 Hamlin Avenue?
There are currently no comparable homes to 14602 Hamlin Avenue.
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