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Harvey 60426
15018 Myrtle Avenue
$88,900
● House - Off Market

15018 Myrtle Avenue

Harvey, IL 60426
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,397 Ft²
$1,149
Est. Monthly
14.97%
Cap Rate

About This Property

Rare 4 bedroom, 1 1/2 bath brick and vinyl sided Cape Cod styled home is now available. Newer laminate flooring on the 1st floor, windows have been replaced. 32" black stained cabinets in the kitchen which also has table space. 1st floor primary bedroom. Additional 3 bedrooms on the 2nd floor all are spacious, have closets & new flooring. Full, unfinished basement has a laundry area. Updated electrical and both bathrooms have been remodeled in the past few years. Fenced yard.
Unit Size
1,397 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$72
Property Type
House
Property Taxes
$654
HOA Dues
-
Year Built
1957

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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.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • 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: 6,960
  • Total Building Area: 1,397
  • Gross Building Area: 1,397
  • Building Area: 1,397
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,397
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHLAWN
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Thornton Township High School District 205
  • Census Tract: 827100

Geography

  • District: 37
  • Parcel: 29-08-319-025-0000
  • Lot: 48,49
  • Meridian: SEC 08 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.6164
  • Longitude: -87.653

    Address

  • Full Address: 15018 Myrtle Ave
  • Address - House Number: 15018
  • Address - Street Name: Myrtle
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Harvey
  • Carrier Code: C010
  • 4-Digit Zip Code: 2112
  • Zip Code: 60426

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $398,158
  • Tax Rate Code Area: 37047

    Appraisal Valuation

  • Standard Deviation: 0.2725
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 133,303
  • High Value: 169,629
  • Low Value: 96,977

    Market Valuation

  • Market Total Value: $120,000
  • Market Land Value: $19,140
  • Market Improvement Value: $100,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,000
  • Assessed Land Value: $1,914
  • Assessed Improvements Value: $10,086

    Sales

  • Current Sale Contract Date: Jun 08, 2020
  • Current Sale Recording Date: Oct 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2028139210
  • Previous Sale Recording Date: Oct 26, 2017
  • Previous Sale Contract Date: Oct 13, 2017
  • Previous Sale Amount: $7,500
  • Previous Sale Document Type: 68

    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 Harvey

Stats & Trends

Median Asking:

$142,450

Sale Price/ft²

$112

Below Asking

0.04%

Average Days on Market

58

Average Home Size

1240 ft²

Average Home Age

81.8 years

Currently For Sale

67 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 14230 S Normal Avenue, Riverdale, IL, 60827

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
14230 S Normal Avenue, Riverdale, IL, 60827 Listing by Grant Alexander

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Brent Wilk, Wilk Real Estate
Data Source: MRED, MLS# MRD12402773
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 15018 Myrtle Avenue built and last sold?
The property at 15018 Myrtle Avenue was built in 1957 and last sold on Jun 8, 2020 for $125,000.
How much is this home worth?
The estimated value of the home located at 15018 Myrtle Avenue is $104,337.
What are some comparable homes to 15018 Myrtle Avenue?
There are currently no comparable homes to 15018 Myrtle Avenue.
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