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Oak Forest 60452
14810 Massasoit Avenue
$355,175
● House - Off Market

14810 Massasoit Avenue

Oak Forest, IL 60452
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,250 Ft²
$2,111
Est. Monthly
7.89%
Cap Rate

About This Property

Beautiful Raised Ranch home in the Heart of Oak Forest!  Tons of natural light makes this home great for entertaining!  Updated throughout with luxury vinyl plank flooring and fresh paint! Beautiful kitchen features quartz counters, SS appliances, and backsplash!  3 spacious homes all upstairs with ample closet space!  Both bathrooms have been updated!  Finished lower level with tons of extra living space! Attached 2 car garage and fenced in backyard!!
Unit Size
1,250 Ft²
Days on Market
-
Land Size
-
Price per sqft
$280
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1962

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • 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: 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: 8,560
  • Total Building Area: 1,231
  • Gross Building Area: 1,231
  • Building Area: 1,231
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,231
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEDEMAS ELVISTA WEST
  • Land Acres: 0000000197
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (MEDEMAS)(ELVISTA)(WEST) EH SE SEC 08-36-13

Neighborhood

  • School District Name: Forest Ridge School District 142
  • Census Tract: 824509

Geography

  • District: 13
  • Parcel: 28-08-406-002-0000
  • Block: 6
  • Lot: 2
  • Meridian: SEC 08 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6216
  • Longitude: -87.7593

    Address

  • Full Address: 14810 Massasoit Ave
  • Address - House Number: 14810
  • Address - Street Name: Massasoit
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C022
  • 4-Digit Zip Code: 1123
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $243,175
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 13067

    Appraisal Valuation

  • Standard Deviation: 0.2068
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 283,182
  • High Value: 341,771
  • Low Value: 224,593

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $38,520
  • Market Improvement Value: $171,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $3,852
  • Assessed Improvements Value: $17,148

    Sales

  • Current Sale Contract Date: Jul 28, 2005
  • Current Sale Recording Date: Aug 11, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0522346006
  • Previous Sale Recording Date: Aug 22, 2000
  • Previous Sale Contract Date: Aug 16, 2000
  • Previous Sale Amount: $130,000
  • 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 Oak Forest

Stats & Trends

Median Asking:

$319,950

Sale Price/ft²

$200

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1454 ft²

Average Home Age

48.7 years

Currently For Sale

35 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

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MRED

Listed by: Asif Mohammed, Signature Realty Group LLC
Data Source: MRED, MLS# MRD12475875
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 14810 Massasoit Avenue built and last sold?
The property at 14810 Massasoit Avenue was built in 1962 and last sold on Jul 28, 2005 for $235,000.
How much is this home worth?
The estimated value of the home located at 14810 Massasoit Avenue is $0.
What are some comparable homes to 14810 Massasoit Avenue?
There are currently no comparable homes to 14810 Massasoit Avenue.
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