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Midlothian 60445
14950 Avers Avenue
$143,000
● House - Off Market

14950 Avers Avenue

Midlothian, IL 60445
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,022 Ft²
$165,944
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

THIS 3 BDRM 1 BATH BUNGALOW IS ALL UPGRADED! OAK HARDWOOD FLOORS THROUGHOUT. GORGEOUS KITCHEN WITH 42' HICKORY CABS, BUILT IN MICROWAVE, STOVE, REFRIGERATOR & DISHWASHER. NEWER WINDOWS, FURNANCE, CENTRAL AIR AND HOT WATER TANK. FULL BASEMENT WITH NEWER WASHER AND DRYER, 2 CAR GARAGE. CEILING FANS THROUGHOUT, THE ONE IN LIVING ROOM HAS A HEATER. LIVING RM HAS BRICK FIREPLACE. LOW TAXES (CURRENTLY NO EXEMPTIONS), GREAT LOT AND LOCATION.  HOME IS AGENT OWNED AND BEING SOLD AS IS.
Unit Size
1,022 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$142
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
1932

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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 #11135389)

Price History

Date / Event Date Event Price
Aug 30, 2021 Sold
Premium
Sold
Jun 24, 2021 Listed by Infiniti Properties, Inc. $145,000
Listed by Infiniti Properties, Inc.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • 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: 0
  • Building Style: 3
  • Exterior Walls Type: 12
  • 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
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,022
  • Gross Building Area: 1,022
  • Building Area: 1,022
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,022
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROBERTSONS CRAWFORD AVE AD
  • Land Acres: 0000000182
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

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

Geography

  • District: 13
  • Parcel: 28-11-314-073-0000
  • Block: 4
  • Lot: 13,14
  • Meridian: SEC 11 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6205
  • Longitude: -87.7141

    Address

  • Full Address: 14950 Avers Ave
  • Address - House Number: 14950
  • Address - Street Name: Avers
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Midlothian
  • Carrier Code: C013
  • 4-Digit Zip Code: 3423
  • Zip Code: 60445

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $572,076
  • Tax Rate Code Area: 13036

    Appraisal Valuation

  • Standard Deviation: 0.2609
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 186,243
  • High Value: 234,845
  • Low Value: 137,640

    Market Valuation

  • Market Total Value: $150,000
  • Market Land Value: $27,720
  • Market Improvement Value: $122,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,000
  • Assessed Land Value: $2,772
  • Assessed Improvements Value: $12,228

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Sep 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2124446129
  • Previous Sale Recording Date: Jan 26, 2016
  • Previous Sale Contract Date: Dec 16, 2015
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: 71

    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:

$257,450

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1329 ft²

Average Home Age

67.7 years

Currently For Sale

30 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 14521 S Richmond Avenue, Posen, IL, 60469

$1,375 /mo

  • 2 Beds
  • 1 Bath
  • 850 ft²
14521 S Richmond Avenue #2, Posen, IL, 60469 Listing by Christian Halsey

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Nicholas Brannigan, Infiniti Properties, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11135389
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 14950 Avers Avenue built and last sold?
The property at 14950 Avers Avenue was built in 1932 and last sold on Aug 27, 2021 for $143,000.
How much is this home worth?
The estimated value of the home located at 14950 Avers Avenue is $147,953.
What are some comparable homes to 14950 Avers Avenue?
There are currently no comparable homes to 14950 Avers Avenue.
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