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Midlothian 60445
14951 Kedvale Avenue
$165,000
● House - Off Market

14951 Kedvale Avenue

Midlothian, IL 60445
bedrooms
2 Beds
bathrooms
1 Bath
square feet
796 Ft²
$177,388
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Wonderful opportunity to own for less than you can rent! Immaculate well maintained that has been freshly painted, New flooring and Carpet, Newer windows. Home features a 2 car garage with additional parking on the driveway. A fenced in yard with a large shed, perfect for dogs/kids or summer parties. Great location close to the interstate, local shops, dining and entertainment. Walking distance to the high school and local parks, just in time for summer.  (Midlothian meadows, Sundrop Prairie Nature Preserve, Country Aire Park)  Wont last long come check it out!
Unit Size
796 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$195
Property Type
House
Property Taxes
$233
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 #11119611)

Price History

Date / Event Date Event Price
Aug 3, 2021 Sold
Premium
Sold
Jun 11, 2021 Listed by RE/MAX Suburban $155,000
Listed by RE/MAX Suburban

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 6,400
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 800
  • Total Building Area: 796
  • Gross Building Area: 796
  • Building Area: 796
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 796
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOERHEIDES MIDLOTHIAN TERRACE
  • Land Acres: 0000000147
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (WOERHEIDES)(MIDLOTHIAN)(TERRACE) RESUB OF LTS1-23BLK 5LTS13-24BLK6 IN KRAUS REALTY COS HEART OF MIDLOTHIAN ALSO LTS1-5BLK13

Neighborhood

  • School District Name: Bremen Community High School District 228
  • Census Tract: 824602

Geography

  • District: 13
  • Parcel: 28-10-413-031-0000
  • Block: 2
  • Lot: 1
  • Meridian: SEC 10 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6205
  • Longitude: -87.7207

    Address

  • Full Address: 14951 Kedvale Ave
  • Address - House Number: 14951
  • Address - Street Name: Kedvale
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Midlothian
  • Carrier Code: C002
  • 4-Digit Zip Code: 3321
  • Zip Code: 60445

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $516,779
  • Tax Rate Code Area: 13036

    Appraisal Valuation

  • Standard Deviation: 0.2427
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 196,262
  • High Value: 243,899
  • Low Value: 148,624

    Market Valuation

  • Market Total Value: $160,000
  • Market Land Value: $22,400
  • Market Improvement Value: $137,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $2,240
  • Assessed Improvements Value: $13,760

    Sales

  • Current Sale Contract Date: Aug 18, 2021
  • Current Sale Recording Date: Oct 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2129833442

    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:

$256,000

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 14643 Lamon Avenue, Midlothian, IL, 60445

$1,525 /mo

  • 2 Beds
  • 1 Bath
  • 990 ft²
14643 Lamon Avenue #2B, Midlothian, IL, 60445 Listing by Ernest Caston

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Marco Amidei, RE/MAX Suburban
Last Updated: 3 years ago
Data Source: MRED, MLS# 11119611
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 14951 Kedvale Avenue built and last sold?
The property at 14951 Kedvale Avenue was built in 1955 and last sold on Aug 18, 2021 for $165,000.
How much is this home worth?
The estimated value of the home located at 14951 Kedvale Avenue is $156,573.
What are some comparable homes to 14951 Kedvale Avenue?
There are currently no comparable homes to 14951 Kedvale Avenue.
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