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Midlothian 60445
14940 Ridgeway Avenue
$140,000
● House - Off Market

14940 Ridgeway Avenue

MIDLOTHIAN, IL 60445
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$206,386
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Attractive brick single family home. Perfect if you are looking for a home with a great layout, beautiful hardwood floors and want to bring in all your own ideas and special touches. Large bay window- lots of natural sunlight. 2 car detached garage with deck. Great location and area- close to all accommodations!      .
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$139
Property Type
House
Property Taxes
$454
HOA Dues
-
Year Built
1955

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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.

Last updated: 3 years ago (MRED MLS #10342971)

Price History

Date / Event Date Event Price
May 29, 2019 Sold
Premium
Sold
Apr 12, 2019 Listed by Grandview Realty, LLC $139,900
Listed by Grandview Realty, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • 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: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,920
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,008
  • 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: 2-03
  • 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: 28-11-316-024-0000
  • Lot: 7
  • Meridian: SEC 11 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6208
  • Longitude: -87.7117

    Address

  • Full Address: 14940 Ridgeway Ave
  • Address - House Number: 14940
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Midlothian
  • Carrier Code: C013
  • 4-Digit Zip Code: 3539
  • Zip Code: 60445

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $443,516
  • Tax Rate Code Area: 13036

    Appraisal Valuation

  • Standard Deviation: 0.2609
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 181,376
  • High Value: 228,709
  • Low Value: 134,044

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $27,720
  • Market Improvement Value: $142,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $2,772
  • Assessed Improvements Value: $14,228

    Sales

  • Current Sale Contract Date: May 20, 2019
  • Current Sale Recording Date: May 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1915041035
  • Previous Sale Recording Date: Mar 07, 2019
  • Previous Sale Contract Date: Mar 01, 2019
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: 33

    Financing

  • First Mortgage Financing Type: UNK
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

1235 ft²

Average Home Age

70.3 years

Currently For Sale

26 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

Rentals Near You

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MRED

Listed by: Christopher Lobrillo, Grandview Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 10342971
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 14940 Ridgeway Avenue built and last sold?
The property at 14940 Ridgeway Avenue was built in 1955 and last sold on May 20, 2019 for $140,000.
How much is this home worth?
The estimated value of the home located at 14940 Ridgeway Avenue is $0.
What are some comparable homes to 14940 Ridgeway Avenue?
There are currently no comparable homes to 14940 Ridgeway Avenue.
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