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Dolton 60419 Dolton
14801 Dobson Avenue
$145,000
● House - Off Market

14801 Dobson Avenue

Dolton, IL 60419
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,350 Ft²
$946
Est. Monthly
12.33%
Cap Rate

About This Property

Don't miss out on this large brick tri-level home on a corner lot featuring 3 bedrooms, 2 full baths with family room on the lower level.  It has a 2.5 car attached garage and large fenced in back yard with a Pear tree. The home is in move-in condition but needs updating and is priced accordingly.  The home is located on a quiet street close to shopping and transportation. The home is being sold AS-IS.   No FHA or VA
Unit Size
1,350 Ft²
Days on Market
-
Land Size
-
Price per sqft
$111
Property Type
House
Property Taxes
$209
HOA Dues
-
Year Built
1970

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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 #11910972)

Price History

Date / Event Date Event Price
Jan 12, 2024 Sold
Premium
Sold
Oct 23, 2023 Listed by Exit Strategy Realty $150,000
Listed by Exit Strategy Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,577
  • Total Building Area: 1,350
  • Gross Building Area: 1,350
  • Building Area: 1,350
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,350
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GAIL MANOR
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (GAIL) (MANOR) SUB SUB OF LOT 2 & WH OF LOT 3 IN BERN HARD ENGLES SUB OF WH OF SW EX RR & EX SW OF SE OF NW SEC 11-36-14

Neighborhood

  • School District Name: Dolton School District 149
  • Census Tract: 826402

Geography

  • District: 37
  • Parcel: 29-11-131-001-0000
  • Lot: 2,3
  • Meridian: SEC 11 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.6261
  • Longitude: -87.5914

    Address

  • Full Address: 14801 Dobson Ave
  • Address - House Number: 14801
  • Address - Street Name: Dobson
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Dolton
  • Carrier Code: C011
  • 4-Digit Zip Code: 2314
  • Zip Code: 60419

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $273,832
  • Tax Rate Code Area: 37034

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 197,552
  • High Value: 242,661
  • Low Value: 152,443

    Market Valuation

  • Market Total Value: $157,000
  • Market Land Value: $32,200
  • Market Improvement Value: $124,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,700
  • Assessed Land Value: $3,220
  • Assessed Improvements Value: $12,480

    Sales

  • Current Sale Contract Date: Dec 15, 2023
  • Current Sale Recording Date: Jan 18, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33101
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 Dolton

Stats & Trends

Median Asking:

$175,000

Sale Price/ft²

$138

Below Asking

0.03%

Average Days on Market

64

Average Home Size

1261 ft²

Average Home Age

69.4 years

Currently For Sale

97 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 310 E 138th Street, Chicago, IL, 60827

$1,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
310 E 138th Street, Chicago, IL, 60827 Listing by Richard Harnik
Unit for rent at 14500 Cottage Grove Avenue, Dolton, IL, 60419

$1,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,100 ft²
14500 Cottage Grove Avenue #1, Dolton, IL, 60419 Listing by Meha Parikh

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Patricia Martin, Exit Strategy Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11910972
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 14801 Dobson Avenue built and last sold?
The property at 14801 Dobson Avenue was built in 1970 and last sold on Dec 15, 2023 for $145,000.
How much is this home worth?
The estimated value of the home located at 14801 Dobson Avenue is $0.
What are some comparable homes to 14801 Dobson Avenue?
There are currently no comparable homes to 14801 Dobson Avenue.
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