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Markham 60428
Undisclosed Address
$124,850
● House - Off Market

Undisclosed Address

Markham, IL 60428
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$146,080
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

CHECK OUT THIS LOVELY REHABBED 3 BDRM / 1 BTH HOME. EVERYTHING IS NEW!! NEW KITCHEN WITH NEW APPLIANCES* NEW BATH* NEW ROOF* NEW SIDING* NEW FURNANCE AND WATER HEATER. THE CITY OF MARKHAM IS THE NEW HOME TO AMAZON DISTRIBUTION CENTER. THIS BEAUTIFUL HOME IS JUST WAITING ON NEW OWNERS!! CITY INSPECTION DONE!! COME TAKE A LOOK TODAY, EASY TO SHOW, WON'T LAST LONG!!!!
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$120
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1960

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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 #11011054)

Price History

Date / Event Date Event Price
Jun 24, 2021 Sold
Premium
Sold
Mar 4, 2021 Listed by Dwanda Smith $124,850
Listed by Dwanda Smith

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 17
  • 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: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,040
  • Gross Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIRST ADD TO COUNTRY AIRE ESTATES
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: PART S2NE4 S14 T36N R13E 3P

Neighborhood

  • School District Name: Bremen Community High School District 228
  • Census Tract: 824900

Geography

  • District: 13
  • Parcel: 28-14-206-010-0000
  • Lot: 178
  • Meridian: SEC 14 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6132
  • Longitude: -87.7052

    Address

  • Full Address: 15335 Cherry Ln
  • Address - House Number: 15335
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Markham
  • Carrier Code: R002
  • 4-Digit Zip Code: 2935
  • Zip Code: 60428

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $85,866
  • Tax Rate Code Area: 13041

    Appraisal Valuation

  • Standard Deviation: 0.2663
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 130,881
  • High Value: 165,741
  • Low Value: 96,021

    Market Valuation

  • Market Total Value: $100,010
  • Market Land Value: $16,880
  • Market Improvement Value: $83,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,001
  • Assessed Land Value: $1,688
  • Assessed Improvements Value: $8,313

    Sales

  • Current Sale Contract Date: Jun 23, 2021
  • Current Sale Recording Date: Jul 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2120828405
  • Previous Sale Recording Date: Feb 10, 2021
  • Previous Sale Contract Date: Feb 27, 2020
  • Previous Sale Amount: $44,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Markham

Stats & Trends

Median Asking:

$173,750

Sale Price/ft²

$143

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1484 ft²

Average Home Age

66.3 years

Currently For Sale

46 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 14229 S Blaine Avenue, Posen, IL, 60469

$1,900 /mo

  • 3 Beds
  • 1 Bath
  • 864 ft²
14229 S Blaine Avenue, Posen, IL, 60469 Listing by Jaime Birks

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dwanda Smith, Dwanda Smith
Last Updated: 3 years ago
Data Source: MRED, MLS# 11011054
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 15335 Cherry Lane built and last sold?
The property at 15335 Cherry Lane was built in 1960 and last sold on Jun 23, 2021 for $125,000.
How much is this home worth?
The estimated value of the home located at 15335 Cherry Lane is $0.
What are some comparable homes to 15335 Cherry Lane?
There are currently no comparable homes to 15335 Cherry Lane.
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