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Phoenix 60426
15249 7th Avenue
$360,000
● House - Off Market

15249 7th Avenue

Phoenix, IL 60426
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,009 Ft²
$397,832
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

**Absolutely Gorgeous New Construction to be Built!!~Brick 5 Bedroom w/Finished Basement & Attached Garage!~Amazing Kitchen w/Under-mount Sink, Backsplash, Stainless Steel Appliances & Quartz Counters~Separate Dining Room & Spacious Living Room~Five Great Sized Bedrooms Master w/Double Closets~Two Full Bathrooms w/Quarts Counter, New Vanity, His/Hers Sink & Ceramic Tile~Gorgeous Hardwood Flooring, Recessed Lighting & Wainscotting~Full Finished Basement w/Ceramic Tile Flooring~Huge Yard Plus Back Deck & Convenient Attached Two Car Garage~Great Location, Close to Everything!~This is One You Don't Want to Miss!**Click on Virtual Tour to Explore**
Unit Size
3,009 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$125
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2022

Payment Calculator

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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 #11272522)

Price History

Date / Event Date Event Price
Dec 19, 2022 Sold
Premium
Sold
Nov 17, 2021 Listed by Corona Realty Group, Inc. $375,000
Listed by Corona Realty Group, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2022
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,196
  • Total Building Area: 1,813
  • Gross Building Area: 1,813
  • Building Area: 1,813
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,813
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MASONIC ADD/HARVEY
  • Land Acres: 0000000073
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04

Neighborhood

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

Geography

  • District: 37
  • Parcel: 29-16-120-031-0000
  • Block: 6
  • Lot: 49
  • Meridian: SEC 16 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.6118
  • Longitude: -87.627

    Address

  • Full Address: 15249 7th Ave
  • Address - House Number: 15249
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Phoenix
  • Carrier Code: C009
  • 4-Digit Zip Code: 2518
  • Zip Code: 60426

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $230,567
  • Tax Rate Code Area: 37053

    Appraisal Valuation

  • Standard Deviation: 0.3601
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 27
  • Final Value: 193,934
  • High Value: 263,770
  • Low Value: 124,097

    Market Valuation

  • Market Total Value: $159,590
  • Market Land Value: $9,590
  • Market Improvement Value: $150,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,959
  • Assessed Land Value: $959
  • Assessed Improvements Value: $15,000

    Sales

  • Current Sale Contract Date: Dec 19, 2022
  • Current Sale Recording Date: Dec 28, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13274
  • Previous Sale Recording Date: Jul 20, 2022
  • Previous Sale Contract Date: Jul 20, 2022
  • Previous Sale Amount: $10,000
  • Previous Sale Document Type: 55
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:

$197,000

Sale Price/ft²

$144

Below Asking

0.03%

Average Days on Market

70

Average Home Size

2026 ft²

Average Home Age

29.5 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 15334 Dr. Martin Luther King Jr. Drive, Dolton, IL, 60419

$1,700 /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: Jaime Birks, Corona Realty Group, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11272522
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 15249 7th Avenue built and last sold?
The property at 15249 7th Avenue was built in 2022 and last sold on Dec 19, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 15249 7th Avenue is $383,207.
What are some comparable homes to 15249 7th Avenue?
There are currently no comparable homes to 15249 7th Avenue.
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