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Midlothian 60445
14931 Knox Avenue
$239,000
● House - Off Market

14931 Knox Avenue

Midlothian, IL 60445
bedrooms
2 Beds
bathrooms
1 Bath
$1,629
Est. Monthly
4.74%
Cap Rate

About This Property

So many updates!  Fall in love with this Open Concept main floor that was redesigned for a dream Kitchen including center island, pantry with pull out shelves, and new range, microwave in 2023 and newer Bosch diswasher!  Living room boasts a bump out window, and newer front door.  Gorgeous updated Bathroom, vinyl plank floors, electrical panel, central air, furnace, and hot water tank within the last 5 years!  Lower level Family Room can be used for 3rd Bedroom.  Fenced yard, detached 2 car garage, close to shopping and transportation!  All this located in the Oak Forest School District.  Move right in and enjoy!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
1962

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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 #11927708)

Price History

Date / Event Date Event Price
Mar 15, 2024 Sold
Premium
Sold
Jan 22, 2024 Listed by Baird & Warner $239,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,750
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIRST ADD TO WANALANE
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (FIRST) ADD TO (WANALANE) SUB OF BLK 20 IN A T MCINTO SHS ADD TO MIDLOTHIAN FARM SUB IN PTS OF SECS 9 & 10 SEC 10-36-13

Neighborhood

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

Geography

  • District: 13
  • Parcel: 28-10-318-019-0000
  • Block: 20
  • Lot: 39
  • Meridian: SEC 10 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6207
  • Longitude: -87.7331

    Address

  • Full Address: 14931 Knox Ave
  • Address - House Number: 14931
  • Address - Street Name: Knox
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Midlothian
  • Carrier Code: C007
  • 4-Digit Zip Code: 3109
  • Zip Code: 60445

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $546,253
  • Tax Rate Code Area: 13068

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 233,389
  • High Value: 256,987
  • Low Value: 209,792

    Market Valuation

  • Market Total Value: $210,010
  • Market Land Value: $23,630
  • Market Improvement Value: $186,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,001
  • Assessed Land Value: $2,363
  • Assessed Improvements Value: $18,638

    Sales

  • Current Sale Contract Date: Feb 20, 2024
  • Current Sale Recording Date: Mar 19, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2213
  • Previous Sale Recording Date: May 10, 2016
  • Previous Sale Contract Date: May 02, 2016
  • 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 Midlothian

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1067 ft²

Average Home Age

64.4 years

Currently For Sale

24 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 13727 S Homan Avenue, Robbins, IL, 60472

$1,400 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
13727 S Homan Avenue #2, Robbins, IL, 60472 Listing by Irais Torres-Barron

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Gail McGuire, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11927708
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 14931 Knox Avenue built and last sold?
The property at 14931 Knox Avenue was built in 1962 and last sold on Feb 20, 2024 for $239,000.
How much is this home worth?
The estimated value of the home located at 14931 Knox Avenue is $0.
What are some comparable homes to 14931 Knox Avenue?
There are currently no comparable homes to 14931 Knox Avenue.
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