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Phoenix 60426
15526 vincennes Road
$43,000
● House - Off Market

15526 vincennes Road

Phoenix, IL 60426
bedrooms
3 Beds
bathrooms
1 Bath
square feet
720 Ft²
$361
Est. Monthly
40.81%
Cap Rate

About This Property

See the potential in this three bedroom, 1 bathroom home in Phoenix.  Home has a decent sized living room, a relatively large kitchen and laundry area. One car garage sitting on large lot.  Very close to schools, shopping and interstate transportation.  Property is being sold as is and room sizes are estimated.
Unit Size
720 Ft²
Days on Market
-
Land Size
-
Price per sqft
$73
Property Type
House
Property Taxes
$101
HOA Dues
-
Year Built
1913

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 #12122013)

Price History

Date / Event Date Event Price
Sep 10, 2024 Sold
Premium
Sold
Aug 17, 2024 In contract -
In contract
Jul 24, 2024 Listed by Basis Real Estate Group $52,900
Listed by Basis Real Estate Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,875
  • Total Building Area: 720
  • Gross Building Area: 720
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 720
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EUGENE CARY TRUSTEE
  • Land Acres: 0000000066
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02

Neighborhood

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

Geography

  • District: 37
  • Parcel: 29-16-301-035-0000
  • Block: 6
  • Lot: 3
  • Meridian: SEC 16 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.607
  • Longitude: -87.6326

    Address

  • Full Address: 15526 Vincennes Rd
  • Address - House Number: 15526
  • Address - Street Name: Vincennes
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Phoenix
  • Carrier Code: C011
  • 4-Digit Zip Code: 3756
  • Zip Code: 60426

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 37053

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 41,972
  • High Value: 49,600
  • Low Value: 34,345

    Market Valuation

  • Market Total Value: $36,010
  • Market Land Value: $8,630
  • Market Improvement Value: $27,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,601
  • Assessed Land Value: $863
  • Assessed Improvements Value: $2,738
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

72

Average Home Size

1898 ft²

Average Home Age

38.4 years

Currently For Sale

14 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Trevor Nightengale, Basis Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 12122013
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 15526 Vincennes Road built and last sold?
The property at 15526 Vincennes Road was built in 1913 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 15526 Vincennes Road is $0.
What are some comparable homes to 15526 Vincennes Road?
There are currently no comparable homes to 15526 Vincennes Road.
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