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Harvey 60426
14720 Honore Avenue
$106,000
● House - Off Market

14720 Honore Avenue

Harvey, IL 60426
bedrooms
3 Beds
bathrooms
1 Bath
square feet
900 Ft²
$111,815
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Renovated top to bottom. New furnace, new hot water tank, new roof, new windows. Large kitchen with 42 inch cabinets and stainless appliances. Real hardwood floors. Luxurious master bath with body spray. Spacious rooms with generous closet space. Huge yard for whatever you can dream up. Pool? Garden? Patio? You can fit all three! You can live here for far less than rent. Easy to show, and FHA not a problem.
Unit Size
900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$122
Property Type
House
Property Taxes
$55
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 #11683353)

Price History

Date / Event Date Event Price
Apr 6, 2023 Sold
Premium
Sold
Dec 5, 2022 Listed by Real Estate Growth Partners $109,900
Listed by Real Estate Growth Partners

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 900
  • Gross Building Area: 900
  • Building Area: 900
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 900
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARVEY
  • Land Acres: 0000000072
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: NORTHWEST4 SE4 SEC07 E2SW4 S07 T36N R14E 3P

Neighborhood

  • School District Name: Thornton Township High School District 205
  • Census Tract: 826901

Geography

  • District: 37
  • Parcel: 29-07-402-031-0000
  • Block: 178
  • Lot: 15
  • Meridian: SEC 07 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.6218
  • Longitude: -87.6623

    Address

  • Full Address: 14720 Honore Ave
  • Address - House Number: 14720
  • Address - Street Name: Honore
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Harvey
  • Carrier Code: C007
  • 4-Digit Zip Code: 1608
  • Zip Code: 60426

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $183,787
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 37046

    Appraisal Valuation

  • Standard Deviation: 0.251
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 60,943
  • High Value: 76,246
  • Low Value: 45,641

    Market Valuation

  • Market Total Value: $28,790
  • Market Land Value: $8,590
  • Market Improvement Value: $20,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,879
  • Assessed Land Value: $859
  • Assessed Improvements Value: $2,020

    Sales

  • Current Sale Contract Date: Apr 06, 2023
  • Current Sale Recording Date: Apr 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 55015
  • Previous Sale Recording Date: Aug 23, 2022
  • Previous Sale Contract Date: May 23, 2022
  • Previous Sale Amount: $85,500
  • 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 Harvey

Stats & Trends

Median Asking:

$140,000

Sale Price/ft²

$111

Below Asking

0.04%

Average Days on Market

59

Average Home Size

1236 ft²

Average Home Age

82.2 years

Currently For Sale

67 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 14229 S Blaine Avenue, Posen, IL, 60469

$1,900 /mo

  • 3 Beds
  • 1 Bath
  • 864 ft²
14229 S Blaine Avenue, Posen, IL, 60469 Listing by Jaime Birks

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Lori Wyatt, Real Estate Growth Partners
Last Updated: 3 years ago
Data Source: MRED, MLS# 11683353
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 14720 Honore Avenue built and last sold?
The property at 14720 Honore Avenue was built in 1953 and last sold on Apr 6, 2023 for $106,000.
How much is this home worth?
The estimated value of the home located at 14720 Honore Avenue is $110,651.
What are some comparable homes to 14720 Honore Avenue?
There are currently no comparable homes to 14720 Honore Avenue.
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