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Markham 60428
15835 Spaulding Avenue
$75,000
● House - Off Market

15835 Spaulding Avenue

Markham, IL 60428
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,184 Ft²
$74,580
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Handyman Investor Flipper. This is a great opportunity. Sure, it needs some work. But when you finish, you will have Instant sweat equity. In fact, this is how I started my 40+ years real estate career. with a rehab. It's well Located, With three bedrooms, two full baths. huge living room. Combo dining room and kitchen. Did I mention it was well located? There are no pictures because it will not be cleaned out until next week. Boy, are they snapping them up in Markham. As soon as they hit the market, they're gone. So don't miss out.
Unit Size
1,184 Ft²
Days on Market
-
Land Size
-
Price per sqft
$63
Property Type
House
Property Taxes
$170
HOA Dues
-
Year Built
1938

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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 #11797634)

Price History

Date / Event Date Event Price
Aug 11, 2023 Sold
Premium
Sold
May 30, 2023 Listed by EXIT True Design Realty LLC $75,000
Listed by EXIT True Design Realty LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • 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: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,690
  • Total Building Area: 1,184
  • Gross Building Area: 1,184
  • Building Area: 1,184
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,184
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CROISSANT PARK MARKHAM SIXTH ADDITION
  • Land Acres: 0000000085
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Prairie-Hills Elementary School District 144
  • Census Tract: 824900

Geography

  • District: 13
  • Parcel: 28-14-430-014-0000
  • Meridian: SEC 14 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.6014
  • Longitude: -87.6967

    Address

  • Full Address: 15835 Spaulding Ave
  • Address - House Number: 15835
  • Address - Street Name: Spaulding
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Markham
  • Carrier Code: C030
  • 4-Digit Zip Code: 3948
  • Zip Code: 60428

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $62,488
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 13043

    Market Valuation

  • Market Total Value: $15,810
  • Market Land Value: $8,300
  • Market Improvement Value: $7,510

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,581
  • Assessed Land Value: $830
  • Assessed Improvements Value: $751

    Sales

  • Current Sale Contract Date: Jul 15, 2023
  • Current Sale Recording Date: Aug 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 15010
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 Markham

Stats & Trends

Median Asking:

$177,000

Sale Price/ft²

$143

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1471 ft²

Average Home Age

65.9 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

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MRED

Listed by: Vernon Lilly, EXIT True Design Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11797634
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 15835 Spaulding Avenue built and last sold?
The property at 15835 Spaulding Avenue was built in 1938 and last sold on Jul 15, 2023 for $75,000.
How much is this home worth?
The estimated value of the home located at 15835 Spaulding Avenue is $0.
What are some comparable homes to 15835 Spaulding Avenue?
There are currently no comparable homes to 15835 Spaulding Avenue.
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