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Oak Forest 60452
15624 Lamon Avenue
$445,000
● House - Off Market

15624 Lamon Avenue

Oak Forest, IL 60452
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,976 Ft²
$2,210
Est. Monthly
Unit Size
2,976 Ft²
Days on Market
-
Land Size
-
Price per sqft
$151
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1926

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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

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 720
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Subdivision: CICERO AVE SUB/A T MCINTOSH
  • Land Acres: 0000000344
  • Standard Land Use Code: 9000
  • County Land Use Code: EX

Neighborhood

  • School District Name: Arbor Park School District 145
  • Census Tract: 825000

Geography

  • District: 13
  • Parcel: 28-16-406-020-0000
  • Block: 34
  • Lot: 7,8
  • Meridian: SEC 16 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6077
  • Longitude: -87.7397

    Address

  • Full Address: 15624 Lamon Ave
  • Address - House Number: 15624
  • Address - Street Name: Lamon
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C003
  • 4-Digit Zip Code: 3519
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $238,813
  • Tax Rate Code Area: 13056

    Market Valuation

  • Market Total Value: $54,520
  • Market Land Value: $52,500
  • Market Improvement Value: $2,020

    Assessments Valuation

  • Assessed Year: 2023

    Sales

  • Current Sale Contract Date: Sep 06, 2019
  • Current Sale Recording Date: Feb 28, 2020
  • Current Sale Document Type: 30
  • Current Sale Input Document Number: 2005922091
  • Previous Sale Recording Date: Mar 01, 2007
  • Previous Sale Contract Date: Feb 09, 2007
  • Previous Sale Amount: $142,000
  • Previous Sale Document Type: 71
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 Oak Forest

Stats & Trends

Median Asking:

$324,404

Sale Price/ft²

$198

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1474 ft²

Average Home Age

46.5 years

Currently For Sale

49 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 15700 Reynolds Lane, Oak Forest, IL, 60452

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
15700 Reynolds Lane #1, Oak Forest, IL, 60452 Listing by Rima Odeh
Unit for rent at 17011 Danielle Court, Oak Forest, IL, 60452

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,879 ft²
17011 Danielle Court, Oak Forest, IL, 60452 Listing by Lena Matariyeh

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Genelle Chisholm, NextHome Select Realty
Data Source: MRED, MLS# MRD12076208
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 15624 Lamon Avenue built and last sold?
The property at 15624 Lamon Avenue was built in 1926 and last sold on Sep 6, 2019 for $0.
How much is this home worth?
The estimated value of the home located at 15624 Lamon Avenue is $0.
What are some comparable homes to 15624 Lamon Avenue?
There are currently no comparable homes to 15624 Lamon Avenue.
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