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Phoenix 60426
15219 8th Avenue
$183,000
● House - Off Market

15219 8th Avenue

Phoenix, IL 60426
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,624 Ft²
$178,873
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Check out this 3 bedroom, 2 bathroom gem with incredible potential to create your dream home in Phoenix! Absolutely move-in ready, or with effort and imagination you can craft the ultimate home from this classic 1990s charmer. Wonderful floor plan with spaciousness and flow. Great windows flood the house with natural light from all around. Huge living room, massive lower-level family room, indoor full laundry room, and attached 2-car garage.  Separate dining area leading to the back deck, overlooking a big terrific yard.  Large primary bedroom with private access to bathroom.  Wonderful neighborhood...if you don't know Phoenix come check it out!  Delightful, neighborly, well-kept, and close to everything.  Only minutes from trains and expressways.  YOU DON'T WANT TO MISS THIS ONE!
Unit Size
1,624 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$104
Property Type
House
Property Taxes
$154
HOA Dues
-
Year Built
1996

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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 #11645453)

Price History

Date / Event Date Event Price
Nov 23, 2022 Sold
Premium
Sold
Oct 5, 2022 Listed by Keller Williams ONEChicago $169,500
Listed by Keller Williams ONEChicago

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • 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: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,096
  • Total Building Area: 993
  • Gross Building Area: 993
  • Building Area: 993
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 993
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MASONIC ADD TO HARVEY
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (MASONIC) ADD TO (HARVEY) SUB OF LOTS 3 & 4 OF RAVENS LOOTS SUB OF LOTS 2-7 & LOT 15 OF SCHOOL TRUSTEES SUB OF SEC SEC 16-36-

Neighborhood

  • School District Name: Thornton Township High School District 205
  • Census Tract: 827200

Geography

  • District: 37
  • Parcel: 29-16-202-041-0000
  • Block: 3
  • Lot: 2-7,1
  • Meridian: SEC 16 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.6129
  • Longitude: -87.6258

    Address

  • Full Address: 15219 8th Ave
  • Address - House Number: 15219
  • Address - Street Name: 8th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Phoenix
  • Carrier Code: C009
  • 4-Digit Zip Code: 2510
  • Zip Code: 60426

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $154,624
  • Tax Rate Code Area: 37053

    Appraisal Valuation

  • Standard Deviation: 0.2574
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 130,608
  • High Value: 164,230
  • Low Value: 96,985

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $18,290
  • Market Improvement Value: $121,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $1,829
  • Assessed Improvements Value: $12,171

    Sales

  • Current Sale Contract Date: Nov 19, 2022
  • Current Sale Recording Date: Dec 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28138
  • Previous Sale Recording Date: Dec 26, 1995
  • Previous Sale Contract Date: Dec 22, 1995
  • Previous Sale Amount: $88,000
  • 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 Phoenix

Stats & Trends

Median Asking:

$194,950

Sale Price/ft²

$144

Below Asking

0.03%

Average Days on Market

71

Average Home Size

2044 ft²

Average Home Age

32.6 years

Currently For Sale

13 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 15241 Chicago Road, Dolton, IL, 60419

$1,710 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
15241 Chicago Road #2A, Dolton, IL, 60419 Listing by Cynthia Frye
Unit for rent at 15334 Dr. Martin Luther King Jr. Drive, Dolton, IL, 60419

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
15334 Dr. Martin Luther King Jr. Drive #3W, Dolton, IL, 60419 Listing by Olga Kaminska

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Tommy Choi, Keller Williams ONEChicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11645453
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 15219 8th Avenue built and last sold?
The property at 15219 8th Avenue was built in 1996 and last sold on Nov 19, 2022 for $180,000.
How much is this home worth?
The estimated value of the home located at 15219 8th Avenue is $0.
What are some comparable homes to 15219 8th Avenue?
There are currently no comparable homes to 15219 8th Avenue.
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