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Midlothian 60445
14916 Knox Avenue
$260,000
● House - Off Market

14916 Knox Avenue

Midlothian, IL 60445
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$289,476
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Beautiful 3 bedroom, 2 bathroom split-level home on a quiet street in Midlothian!!! Property offers plenty of recent updates including new roof in 2019, new carpeting, water heater 2015 and so much more! Gleaming hardwood floor throughout main level. Cozy family room with fireplace and plenty of closet space throughout the house. Private back yard offers good size deck, ideal for entertaining. Home has been meticulously maintained, nothing to do but move-in! Conveniently located within close proximity to shopping, public transportation, parks, schools and major expressway. Won't last, schedule your showing today!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$213
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
1981

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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 #11162450)

Price History

Date / Event Date Event Price
Sep 28, 2021 Sold
Premium
Sold
Jul 30, 2021 Listed by Boutique Home Realty $255,000
Listed by Boutique Home Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • 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: 41
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,100
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,184
  • Gross Building Area: 1,184
  • Building Area: 1,184
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,184
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLD OAK HILLS
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34

Neighborhood

  • School District Name: Forest Ridge School District 142
  • Census Tract: 824602

Geography

  • District: 13
  • Parcel: 28-10-321-014-0000
  • Lot: 24
  • Meridian: SEC 10 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6209
  • Longitude: -87.7337

    Address

  • Full Address: 14916 Knox Ave
  • Address - House Number: 14916
  • Address - Street Name: Knox
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Midlothian
  • Carrier Code: C007
  • 4-Digit Zip Code: 3110
  • Zip Code: 60445

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $780,504
  • Tax Rate Code Area: 13068

    Appraisal Valuation

  • Standard Deviation: 0.2363
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 282,934
  • High Value: 349,816
  • Low Value: 216,051

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $28,350
  • Market Improvement Value: $201,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $2,835
  • Assessed Improvements Value: $20,165

    Sales

  • Current Sale Contract Date: Sep 28, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2127449257
  • Previous Sale Recording Date: Jun 19, 2007
  • Previous Sale Contract Date: Jan 07, 2007
  • Previous Sale Amount: $197,000
  • Previous Sale Document Type: 33

    Financing

  • First Mortgage Financing Type: FIX
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:

$255,000

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1369 ft²

Average Home Age

64.9 years

Currently For Sale

22 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 13913 Laramie Avenue, Crestwood, IL, 60418

$1,850 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
13913 Laramie Avenue #112, Crestwood, IL, 60418 Listing by Alexander Fenske
Unit for rent at 14433 Springfield Avenue, Midlothian, IL, 60445

$1,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,100 ft²
14433 Springfield Avenue, Midlothian, IL, 60445 Listing by Jaime Birks

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Monika Mariak, Boutique Home Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11162450
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 14916 Knox Avenue built and last sold?
The property at 14916 Knox Avenue was built in 1981 and last sold on Sep 28, 2021 for $260,000.
How much is this home worth?
The estimated value of the home located at 14916 Knox Avenue is $257,559.
What are some comparable homes to 14916 Knox Avenue?
There are currently no comparable homes to 14916 Knox Avenue.
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