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Dolton 60419 Dolton
15127 Meadow Lane
$70,000
● House - Off Market

15127 Meadow Lane

Dolton, IL 60419
bedrooms
3 Beds
bathrooms
1 Bath
square feet
5,050 Ft²
$73,708
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Come check out this nice one story 3 bedroom Ranch home on a nice and quiet block of Dolton.  This house has plenty of storage and a nice size backyard with deck.  Some TLC is needed.  Ideal for the 1st time home buyer or investor.  Currently being rented on a Month to Month basis.  Conventional or Cash Buyers only!
Unit Size
5,050 Ft²
Days on Market
-
Land Size
-
Price per sqft
$14
Property Type
House
Property Taxes
$503
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 #11286235)

Price History

Date / Event Date Event Price
Feb 24, 2022 Sold
Premium
Sold
Dec 13, 2021 Listed by B.K. Hart Realty $70,000
Listed by B.K. Hart Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 6
  • 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: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,050
  • Total Building Area: 1,191
  • Gross Building Area: 1,191
  • Building Area: 1,191
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,191
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOHNSONS MEADOWLANE
  • Land Acres: 0000000116
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: HENNING E (JOHNSONS)(MEADOWLANE) SUB IN PT WH WH SE SEC 11-36-14

Neighborhood

  • School District Name: Dolton School District 149
  • Census Tract: 826304

Geography

  • District: 37
  • Parcel: 29-11-421-007-0000
  • Lot: 18
  • Meridian: SEC 11 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.6199
  • Longitude: -87.5858

    Address

  • Full Address: 15127 Meadow Ln
  • Address - House Number: 15127
  • Address - Street Name: Meadow
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Dolton
  • Carrier Code: C008
  • 4-Digit Zip Code: 2906
  • Zip Code: 60419

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $679,269
  • Tax Rate Code Area: 37034

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 163,197
  • High Value: 179,698
  • Low Value: 146,697

    Market Valuation

  • Market Total Value: $104,000
  • Market Land Value: $21,460
  • Market Improvement Value: $82,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,400
  • Assessed Land Value: $2,146
  • Assessed Improvements Value: $8,254

    Sales

  • Current Sale Contract Date: Feb 21, 2022
  • Current Sale Recording Date: Apr 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2210242033
  • Previous Sale Recording Date: Apr 12, 2022
  • Previous Sale Contract Date: Feb 21, 2022
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: 71
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 Dolton

Stats & Trends

Median Asking:

$179,900

Sale Price/ft²

$140

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1282 ft²

Average Home Age

69.2 years

Currently For Sale

95 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 310 E 138th Street, Chicago, IL, 60827

$1,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
310 E 138th Street, Chicago, IL, 60827 Listing by Richard Harnik
Unit for rent at 400 Park Avenue, Calumet City, IL, 60409

$1,850 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
400 Park Avenue #618, Calumet City, IL, 60409 Listing by Chevette Randle El

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Brendolyn Hart Glover, B.K. Hart Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11286235
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 15127 Meadow Lane built and last sold?
The property at 15127 Meadow Lane was built in 1955 and last sold on Feb 21, 2022 for $70,000.
How much is this home worth?
The estimated value of the home located at 15127 Meadow Lane is $99,657.
What are some comparable homes to 15127 Meadow Lane?
There are currently no comparable homes to 15127 Meadow Lane.
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