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Dolton 60419 Dolton
15511 Drexel Avenue
$165,000
● House - Off Market

15511 Drexel Avenue

Dolton, IL 60419
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,008 Ft²
$1,313
Est. Monthly
10.89%
Cap Rate

About This Property

This 3 bedroom 2 bathroom home features an eat-in kitchen fully finished basement with full bathroom with an office space. Enjoy the convenience of the 2 car garage with storage space, all tucked in with your fully fenced private backyard. Seize the opportunity to own this delightful property.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
-
Price per sqft
$164
Property Type
House
Property Taxes
$502
HOA Dues
-
Year Built
1959

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • 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: 12
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,320
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLOUIN BROTHERS ALMAR MEADOWS
  • Land Acres: 0000000122
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (BLOUIN) BROTHERS (ALMAR)(MEADOWS) SUB OF LOT 7 EX S 30.79ACS & LOT 1 EX S 60FT IN BERGERS SUB OF LOT 7 EX N 10ACS IN PT & N

Neighborhood

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

Geography

  • District: 37
  • Parcel: 29-14-138-004-0000
  • Block: 4
  • Lot: 1,7
  • Meridian: SEC 14 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.6131
  • Longitude: -87.595

    Address

  • Full Address: 15511 Drexel Ave
  • Address - House Number: 15511
  • Address - Street Name: Drexel
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Dolton
  • Carrier Code: C004
  • 4-Digit Zip Code: 2749
  • Zip Code: 60419

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $390,828
  • Tax Rate Code Area: 37034

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 161,052
  • High Value: 197,826
  • Low Value: 124,277

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $22,610
  • Market Improvement Value: $117,390

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $2,261
  • Assessed Improvements Value: $11,739

    Sales

  • Current Sale Contract Date: Jun 24, 2010
  • Current Sale Recording Date: Jul 19, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1020026351
  • Previous Sale Recording Date: Dec 22, 2009
  • Previous Sale Contract Date: Oct 30, 2009
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: 68
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:

$179,000

Sale Price/ft²

$139

Below Asking

0.03%

Average Days on Market

63

Average Home Size

1237 ft²

Average Home Age

69.3 years

Currently For Sale

99 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 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: Lutalo McGee, Ani Real Estate
Data Source: MRED, MLS# MRD12410307
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 15511 Drexel Avenue built and last sold?
The property at 15511 Drexel Avenue was built in 1959 and last sold on Jun 24, 2010 for $130,000.
How much is this home worth?
The estimated value of the home located at 15511 Drexel Avenue is $0.
What are some comparable homes to 15511 Drexel Avenue?
There are currently no comparable homes to 15511 Drexel Avenue.
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