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Midlothian 60445
14914 Kedvale Avenue
$175,000
● House - Off Market

14914 Kedvale Avenue

Midlothian, IL 60445
bedrooms
3 Beds
bathrooms
1 Bath
square feet
845 Ft²
$189,849
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Enjoy Living in this 3 Bedroom Ranch or Become an Investor and Rent Out This Home in the Heart of Midlothian. This property is the Best of Both Worlds.  Spacious  Eat-In Kitchen. Wood Laminated Floors Throughout With Brand New Floor in Living Room. Recently Painted Bathroom,  In unit Laundry Area Area With 8 Yr. Old Washer & Dryer.  Vents Cleaned 1 Yr. Ago. Roof Replaced Within the Last 4 Years.  Large Fenced Yard Perfect for Kids/Dogs or Summer Parties.   2 Car Detached Garage with 2 Year Old Door.  Seller is Offering 1 Year HWA Home Warranty at Closing. Taxes Will Be Lower if Owner Occupied.  Great Location close to Interstate, Local Shops, Dining & Entertainment.  What are you waiting for?
Unit Size
845 Ft²
Days on Market
-
Land Size
-
Price per sqft
$213
Property Type
House
Property Taxes
$401
HOA Dues
-
Year Built
1956

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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 #11622835)

Price History

Date / Event Date Event Price
Nov 4, 2022 Sold
Premium
Sold
Sep 7, 2022 Listed by Classic Realty Group, Inc. $179,900
Listed by Classic Realty Group, Inc.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 845
  • Gross Building Area: 845
  • Building Area: 845
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 845
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOERHEIDES MIDLOTHIAN TERRACE
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02

Neighborhood

  • School District Name: Bremen Community High School District 228
  • Census Tract: 824602

Geography

  • District: 13
  • Parcel: 28-10-412-031-0000
  • Block: 1
  • Lot: 17
  • Meridian: SEC 10 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6213
  • Longitude: -87.7215

    Address

  • Full Address: 14914 Kedvale Ave
  • Address - House Number: 14914
  • Address - Street Name: Kedvale
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Midlothian
  • Carrier Code: C002
  • 4-Digit Zip Code: 3322
  • Zip Code: 60445

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $504,084
  • Tax Rate Code Area: 13036

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 190,251
  • High Value: 234,126
  • Low Value: 146,375

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $24,500
  • Market Improvement Value: $145,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $2,450
  • Assessed Improvements Value: $14,550

    Sales

  • Current Sale Contract Date: Nov 02, 2022
  • Current Sale Recording Date: Nov 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16059
  • Previous Sale Recording Date: Nov 07, 2013
  • Previous Sale Contract Date: Nov 04, 2013
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: 69
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

1234 ft²

Average Home Age

67.1 years

Currently For Sale

29 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: Judith Kijewski, Classic Realty Group, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11622835
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 14914 Kedvale Avenue built and last sold?
The property at 14914 Kedvale Avenue was built in 1956 and last sold on Nov 2, 2022 for $175,000.
How much is this home worth?
The estimated value of the home located at 14914 Kedvale Avenue is $180,130.
What are some comparable homes to 14914 Kedvale Avenue?
There are currently no comparable homes to 14914 Kedvale Avenue.
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