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Midlothian 60445
14730 Trumbull Avenue
$130,000
● House - Off Market

14730 Trumbull Avenue

Midlothian, IL 60445
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,265 Ft²
$871
Est. Monthly
11.25%
Cap Rate

About This Property

Why rent when you can own for less.  This adorable 2 bedroom home with a full basement is ready for you to move in and make it your own.  Large living room with newer vinyl plank flooring, bay window and custom blinds.  The kitchen offers plenty of cabinet and counter space as well as room for your dining table.  Need more living space? The basement offers a family room as well as a utility room and walks right out to the back yard.  Nice big deck, shed and fence, perfect for enjoying the outdoors.  Roof is just one year old.  This is a great home for a great price, call to see it today!
Unit Size
1,265 Ft²
Days on Market
-
Land Size
-
Price per sqft
$111
Property Type
House
Property Taxes
$184
HOA Dues
-
Year Built
1936

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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 #11937485)

Price History

Date / Event Date Event Price
Feb 23, 2024 Sold
Premium
Sold
Nov 27, 2023 Listed by Keller Williams Realty Infinity $139,900
Listed by Keller Williams Realty Infinity

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,990
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 300
  • Total Building Area: 725
  • Gross Building Area: 725
  • Building Area: 725
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 725
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARKHAM MIDLOTHIAN
  • Land Acres: 0000000092
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (MARKHAM)(MIDLOTHIAN) ADD SUB OF PT OF SE SEC 11-36-13

Neighborhood

  • School District Name: Bremen Community High School District 228
  • Census Tract: 824702

Geography

  • District: 13
  • Parcel: 28-11-402-032-0000
  • Block: 2
  • Lot: 31
  • Meridian: SEC 11 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6247
  • Longitude: -87.7046

    Address

  • Full Address: 14730 Trumbull Ave
  • Address - House Number: 14730
  • Address - Street Name: Trumbull
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Midlothian
  • Carrier Code: C014
  • 4-Digit Zip Code: 3623
  • Zip Code: 60445

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $220,320
  • Tax Rate Code Area: 13036

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 135,325
  • High Value: 149,007
  • Low Value: 121,642

    Market Valuation

  • Market Total Value: $110,010
  • Market Land Value: $13,970
  • Market Improvement Value: $96,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,001
  • Assessed Land Value: $1,397
  • Assessed Improvements Value: $9,604

    Sales

  • Current Sale Contract Date: Feb 16, 2024
  • Current Sale Recording Date: Mar 12, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 24177
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

51

Average Home Size

1180 ft²

Average Home Age

67.6 years

Currently For Sale

32 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

Click here to view more rentals in the neighborhood.
MRED

Listed by: Lorrie Toler, Keller Williams Realty Infinity
Last Updated: 3 years ago
Data Source: MRED, MLS# 11937485
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 14730 Trumbull Avenue built and last sold?
The property at 14730 Trumbull Avenue was built in 1936 and last sold on Feb 16, 2024 for $130,000.
How much is this home worth?
The estimated value of the home located at 14730 Trumbull Avenue is $147,150.
What are some comparable homes to 14730 Trumbull Avenue?
There are currently no comparable homes to 14730 Trumbull Avenue.
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