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Dolton 60419 Dolton
15751 Madison Avenue
$134,999
● House - Off Market

15751 Madison Avenue

Dolton, IL 60419
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,404 Ft²
$134,157
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

LOCATION-LOCATION-LOCATION .... Don't miss this affordable tri-level brick home in Greenwood Estates.  This beauty is full of potential and ready for your personal touches.  Property is being sold AS-IS and buyer is responsible for all municipal and lending inspections.  House has great 'bones' with all mechanicals in working order.
Unit Size
1,404 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$96
Property Type
House
Property Taxes
$174
HOA Dues
-
Year Built
1975

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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 #11675704)

Price History

Date / Event Date Event Price
Sep 15, 2023 Sold
Premium
Sold
Nov 18, 2022 Listed by @properties Christie's International Real Estate $134,999
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 1,404
  • Gross Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,404
  • 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: (GREENWOOD) (ESTATES) SUB OF PT WH NW SEC 13-36-14

Neighborhood

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

Geography

  • District: 37
  • Parcel: 29-13-105-011-0000
  • Lot: 23
  • Meridian: SEC 13 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.6086
  • Longitude: -87.5754

    Address

  • Full Address: 15751 Madison Ave
  • Address - House Number: 15751
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Dolton
  • Carrier Code: C017
  • 4-Digit Zip Code: 3029
  • Zip Code: 60419

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $225,177
  • Tax Rate Code Area: 37039

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 147,228
  • High Value: 162,114
  • Low Value: 132,342

    Market Valuation

  • Market Total Value: $160,000
  • Market Land Value: $25,500
  • Market Improvement Value: $134,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $2,550
  • Assessed Improvements Value: $13,450

    Sales

  • Current Sale Contract Date: Aug 22, 2023
  • Current Sale Recording Date: Oct 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33070
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

63

Average Home Size

1254 ft²

Average Home Age

70.3 years

Currently For Sale

97 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: Robert Adolfson, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11675704
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 15751 Madison Avenue built and last sold?
The property at 15751 Madison Avenue was built in 1975 and last sold on Aug 22, 2023 for $135,000.
How much is this home worth?
The estimated value of the home located at 15751 Madison Avenue is $0.
What are some comparable homes to 15751 Madison Avenue?
There are currently no comparable homes to 15751 Madison Avenue.
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