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Frankfort 60423
15 N MAPLE Street
$205,000
● House - Off Market

15 N MAPLE Street

Frankfort, IL 60423
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,357 Ft²
$205,066
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Don't miss this cute 1 bedroom, 1 bath home located in the heart of downtown Frankfort. Located adjacent to Old Plank Trail.  The home is well maintained. There are many upgrades throughout including carpeting. You are a few minutes from Downtown Frankfort and all it has to offer including restaurants and the many special events the village. Frankfort offers a lot to it's citizens and this home is in the heart of all of the action. Don't miss a home that you can put your personal touches on.
Unit Size
1,357 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$147
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1880

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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 #11733525)

Price History

Date / Event Date Event Price
Mar 31, 2023 Sold
Premium
Sold
Mar 8, 2023 Listed by Baird & Warner $199,000
Listed by Baird & Warner

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,000
  • Building Area: 1,000
  • Building Area Measurement: K

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 7TH AREA -COMMERCIAL
  • Land Acres: 0000000120
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: PARCEL 1: THAT PRT OF THE SE1/4 OF THE SE1/4 OF SEC. 21, T35N-R12E, DAF: COMM AT THE SW COR OF THE SE1/4 OF THE SE1/4 ON THE

Neighborhood

  • School District Name: Frankfort Community Consolidated School District 157C
  • Census Tract: 883504

Geography

  • Parcel: 19-09-21-410-006
  • Meridian: SEC 21 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.4992
  • Longitude: -87.8542

    Address

  • Full Address: 15 N Maple St
  • Address - House Number: 15
  • Street Direction: N
  • Address - Street Name: Maple
  • Address - Suffix Type: St
  • State: IL
  • City Name: Frankfort
  • Carrier Code: C004
  • 4-Digit Zip Code: 2011
  • Zip Code: 60423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $355,636
  • Tax Rate Code Area: 1906

    Appraisal Valuation

  • Standard Deviation: 0.4677
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 6
  • Final Value: 226,264
  • High Value: 332,093
  • Low Value: 120,434

    Market Valuation

  • Market Total Value: $125,715
  • Market Land Value: $53,121
  • Market Improvement Value: $72,594

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,905
  • Assessed Land Value: $17,707
  • Assessed Improvements Value: $24,198

    Sales

  • Current Sale Contract Date: Mar 24, 2023
  • Current Sale Recording Date: Apr 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15727
  • Previous Sale Recording Date: Apr 09, 2021
  • Previous Sale Contract Date: Mar 29, 2021
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: 27
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 Frankfort

Stats & Trends

Median Asking:

$659,900

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3332 ft²

Average Home Age

30 years

Currently For Sale

63 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: Martin King, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11733525
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 15 North Maple Street built and last sold?
The property at 15 North Maple Street was built in 1880 and last sold on Mar 24, 2023 for $205,000.
How much is this home worth?
The estimated value of the home located at 15 North Maple Street is $0.
What are some comparable homes to 15 North Maple Street?
There are currently no comparable homes to 15 North Maple Street.
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