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Midlothian 60445
14922 Lawndale Avenue
$233,500
● House - Off Market

14922 Lawndale Avenue

Midlothian, IL 60445
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,750 Ft²
$1,578
Est. Monthly
9.36%
Cap Rate

About This Property

Welcome to this charming 4-bedroom, 2-bath home perfectly situated near schools, parks, restaurants, and convenient access to the expressway and train. Step inside to discover a spacious layout with a full basement, ideal for additional storage or recreation. This property can use some updates and touch ups.  The large garage provides ample parking and workspace, while the fully fenced-in yard offers privacy and plenty of room for outdoor activities. A handy shed adds extra storage for all your tools and equipment. This home combines comfort, convenience, and a prime location, making it a must-see!
Unit Size
1,750 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$148
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1922

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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: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 4
  • 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: 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: 7,920
  • Total Building Area: 956
  • Gross Building Area: 956
  • Building Area: 956
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 956
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROBERTSONS THIRD ADD TO MIDLOTHIAN
  • Land Acres: 0000000182
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (ROBERTSONS) (THIRD) ADD TO (MIDLOTHIAN) SUB OF E 135 3 FT OF SH SW SEC 11-36-13

Neighborhood

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

Geography

  • District: 13
  • Parcel: 28-11-317-014-0000
  • Block: 7
  • Lot: 32
  • Meridian: SEC 11 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6213
  • Longitude: -87.7106

    Address

  • Full Address: 14922 Lawndale Ave
  • Address - House Number: 14922
  • Address - Street Name: Lawndale
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Midlothian
  • Carrier Code: C013
  • 4-Digit Zip Code: 3533
  • Zip Code: 60445

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $347,996
  • Tax Rate Code Area: 13036

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 173,616
  • High Value: 213,260
  • Low Value: 133,973

    Market Valuation

  • Market Total Value: $130,000
  • Market Land Value: $27,720
  • Market Improvement Value: $102,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,000
  • Assessed Land Value: $2,772
  • Assessed Improvements Value: $10,228

    Sales

  • Current Sale Contract Date: Jan 08, 2003
  • Current Sale Recording Date: Mar 18, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0030371547
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

1278 ft²

Average Home Age

68 years

Currently For Sale

28 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 14233 S Palmer Avenue, Posen, IL, 60469

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,000 ft²
14233 S Palmer Avenue, Posen, IL, 60469 Listing by Marcella Garson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jaime Birks, eXp Realty
Data Source: MRED, MLS# MRD12365156
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 14922 Lawndale Avenue built and last sold?
The property at 14922 Lawndale Avenue was built in 1922 and last sold on Jan 8, 2003 for $87,500.
How much is this home worth?
The estimated value of the home located at 14922 Lawndale Avenue is $0.
What are some comparable homes to 14922 Lawndale Avenue?
There are currently no comparable homes to 14922 Lawndale Avenue.
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