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Dolton 60419 Dolton
15408 Dobson Avenue
$112,500
● House - Off Market

15408 Dobson Avenue

Dolton, IL 60419
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,142 Ft²
$1,164
Est. Monthly
11.68%
Cap Rate

About This Property

Brick & Frame Split Level 3 bedrooms,2 Bath Living room & small separate dining area, lower level family room , 1 car detached garage. Needs TLC. THIS HOME IS CORPORATE OWNED WITH A MOTIVATED SELLER. THIS IS NOT A BANK SHORT SALE OR FORECLOSURE. GREAT OPPORTUNITY FOR RESTORATION AT THIS PRICE. VACANT AND EASY TO SHOW. PLEASE INSPECT PRIOR TO SUBMITTING AN OFFER SINCE WE ARE SELLING "AS-IS". TAX PRORATIONS ARE OFFERED. AGENT HAS AN OWNERSHIP INTEREST IN THE PROPERTY.
Unit Size
1,142 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$109
Property Type
House
Property Taxes
$549
HOA Dues
-
Year Built
1957

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Cap Rate Calculator

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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

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • 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
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,504
  • Lot Size Depth Feet: 430
  • Lot Size Frontage Feet: 1,280
  • Total Building Area: 1,142
  • Gross Building Area: 1,142
  • Building Area: 1,142
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,142
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SIMPSON HOME DEVELOPERS CRAIG
  • Land Acres: 0000000126
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (SIMPSON)(HOME) DEVELOPERS (CRAIG) MANOR SUB SUB OF P T OF LOTS 4-6 IN PARTITION OF PT SEC 14 LYING N OF RIVER & EH OF SW SEC

Neighborhood

  • School District Name: Dolton School District 149
  • Census Tract: 826303

Geography

  • District: 37
  • Parcel: 29-14-132-016-0000
  • Block: 4
  • Lot: 4-6
  • Meridian: SEC 11 TWN 36N RNG 01E
  • Municipality: THORNTON
  • Latitude: 41.6149
  • Longitude: -87.592

    Address

  • Full Address: 15408 Dobson Ave
  • Address - House Number: 15408
  • Address - Street Name: Dobson
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Dolton
  • Carrier Code: C005
  • 4-Digit Zip Code: 2707
  • Zip Code: 60419

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $646,089
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 37034

    Appraisal Valuation

  • Standard Deviation: 0.2666
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 192,106
  • High Value: 243,340
  • Low Value: 140,873

    Market Valuation

  • Market Total Value: $150,000
  • Market Land Value: $23,390
  • Market Improvement Value: $126,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,000
  • Assessed Land Value: $2,339
  • Assessed Improvements Value: $12,661

    Sales

  • Current Sale Contract Date: Jun 18, 2010
  • Current Sale Recording Date: Jul 29, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1021018062
  • Previous Sale Recording Date: Jul 29, 2010
  • Previous Sale Contract Date: Jun 10, 2010
  • Previous Sale Document Type: 42
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

62

Average Home Size

1263 ft²

Average Home Age

69.2 years

Currently For Sale

98 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

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
15334 Dr. Martin Luther King Jr. Drive #3W, Dolton, IL, 60419 Listing by Olga Kaminska
Unit for rent at 14931 Evers Street, Dolton, IL, 60419

$2,200 /mo

  • 3 Beds
  • 1 Bath
14931 Evers Street, Dolton, IL, 60419 Listing by Tyrone Green

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Timothy Gray, The Chicagoland RE Auction Co.
Data Source: MRED, MLS# MRD12409741
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 15408 Dobson Avenue built and last sold?
The property at 15408 Dobson Avenue was built in 1957 and last sold on Jun 18, 2010 for $39,000.
How much is this home worth?
The estimated value of the home located at 15408 Dobson Avenue is $0.
What are some comparable homes to 15408 Dobson Avenue?
There are currently no comparable homes to 15408 Dobson Avenue.
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