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Dolton 60419 Dolton
15642 Madison Avenue
$173,000
● House - Off Market

15642 Madison Avenue

Dolton, IL 60419
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,791 Ft²
$176,357
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

This affordable large raised ranch in Greenwood Estates is waiting for your final touch.  The home includes three spacious bedrooms w/ ample closet space and 2 full baths. This home was rehabbed in 2014 and has a large eat-in kitchen. There is laminate flooring on the main level public spaces and carpet in the three bedrooms. The lower-level family room is additional space for a study and or entertainment. The second bath is conveniently located on this level. The laundry and utility rooms are also on this level. The spacious deck off the kitchen leads to a large fenced yard perfect for outdoor entertainment!
Unit Size
1,791 Ft²
Days on Market
-
Land Size
-
Price per sqft
$98
Property Type
House
Property Taxes
$546
HOA Dues
-
Year Built
1974

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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 #11432182)

Price History

Date / Event Date Event Price
May 19, 2023 Sold
Premium
Sold
Jun 11, 2022 Listed by Coldwell Banker Realty $175,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 1,091
  • Gross Building Area: 1,091
  • Building Area: 1,091
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,091
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREENWOOD ESTATES
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: LOT 39 IN GREENWOOD ESTATES PART W2 NW4 OF SEC13 T36N R14E 3P

Neighborhood

  • School District Name: Dolton School District 149
  • Census Tract: 826201

Geography

  • District: 37
  • Parcel: 29-13-106-015-0000
  • Lot: 39
  • Meridian: SEC 13 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.6104
  • Longitude: -87.5759

    Address

  • Full Address: 15642 Madison Ave
  • Address - House Number: 15642
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Dolton
  • Carrier Code: C017
  • 4-Digit Zip Code: 3028
  • Zip Code: 60419

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $682,814
  • Tax Rate Code Area: 37039

    Appraisal Valuation

  • Standard Deviation: 0.2666
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 174,069
  • High Value: 220,492
  • Low Value: 127,646

    Market Valuation

  • Market Total Value: $150,000
  • Market Land Value: $25,500
  • Market Improvement Value: $124,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,000
  • Assessed Land Value: $2,550
  • Assessed Improvements Value: $12,450

    Sales

  • Current Sale Contract Date: May 18, 2023
  • Current Sale Recording Date: May 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13096
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

$139

Below Asking

0.02%

Average Days on Market

60

Average Home Size

1275 ft²

Average Home Age

69.5 years

Currently For Sale

96 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

$1,700 /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: Maikol Akintonde, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11432182
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 15642 Madison Avenue built and last sold?
The property at 15642 Madison Avenue was built in 1974 and last sold on May 18, 2023 for $173,000.
How much is this home worth?
The estimated value of the home located at 15642 Madison Avenue is $179,457.
What are some comparable homes to 15642 Madison Avenue?
There are currently no comparable homes to 15642 Madison Avenue.
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