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Midlothian 60445
14720 Keeler Avenue
$180,000
● House - Off Market

14720 Keeler Avenue

Midlothian, IL 60445
bedrooms
3 Beds
bathrooms
1 Bath
$178,778
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Amazingly affordable Midlothian ranch in the Heart of Midlothian! Centrally located at 147th and Keeler, this home features three bedrooms and one full bath. The home features new drywall and flooring throughout the home. The eat in kitchen is cute as can be with a view of the spacious back yard! Although located in a flood zone, the owner has installed a retaining wall enclosed patio with exterior drainage that goes around the exterior of the home and out into the front yard. The home features newer windows, furnace, central air, stainless steel appliances, and washer and dryer. Taxes currently do not feature a homeowner's exemption, but the seller is applying for the exemption now. The large yard offers plenty of space to build your garage of your dreams!
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$404
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 #11808367)

Price History

Date / Event Date Event Price
Sep 15, 2023 Sold
Premium
Sold
Jun 12, 2023 Listed by Harthside Realtors, Inc. $179,900
Listed by Harthside Realtors, Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • 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: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,558
  • Total Building Area: 920
  • Gross Building Area: 920
  • Building Area: 920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 920
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MIDLOTHIAN GARDENS
  • Land Acres: 0000000242
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02

Neighborhood

  • School District Name: Bremen Community High School District 228
  • Census Tract: 824701

Geography

  • District: 13
  • Parcel: 28-10-401-041-0000
  • Block: 3
  • Lot: 14
  • Municipality: BREMEN
  • Latitude: 41.6248
  • Longitude: -87.7229

    Address

  • Full Address: 14720 Keeler Ave
  • Address - House Number: 14720
  • Address - Street Name: Keeler
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Midlothian
  • Carrier Code: C002
  • 4-Digit Zip Code: 3324
  • Zip Code: 60445

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $504,646
  • Tax Rate Code Area: 13036

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 120,786
  • High Value: 175,929
  • Low Value: 65,642

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $36,950
  • Market Improvement Value: $103,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $3,695
  • Assessed Improvements Value: $10,305

    Sales

  • Current Sale Contract Date: Sep 11, 2023
  • Current Sale Recording Date: Sep 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13194
  • Previous Sale Recording Date: Nov 01, 2019
  • Previous Sale Contract Date: Sep 18, 2019
  • Previous Sale Amount: $120,000
  • 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:

$257,000

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1314 ft²

Average Home Age

64.1 years

Currently For Sale

30 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 13615 Lamon Avenue, Crestwood, IL, 60418

$1,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
13615 Lamon Avenue #510, Crestwood, IL, 60418 Listing by Halina Pociask

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Lenny Feil, Harthside Realtors, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11808367
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 Keeler Avenue built and last sold?
The property at 14720 Keeler Avenue was built in 1952 and last sold on Sep 11, 2023 for $180,000.
How much is this home worth?
The estimated value of the home located at 14720 Keeler Avenue is $181,699.
What are some comparable homes to 14720 Keeler Avenue?
There are currently no comparable homes to 14720 Keeler Avenue.
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