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Harvey 60426
16019 Myrtle Avenue
$70,000
● House - Off Market

16019 Myrtle Avenue

Harvey, IL 60426
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$536
Est. Monthly
19.13%
Cap Rate

About This Property

See the potential in this raised ranch home in Harvey.  This home has 3 bedrooms, a large living room and a large eat in kitchen. There is also a full basement with additional finished living space. There is also a two car detached garage and large back yard. The property is being sold as is and room sizes are estimated. Make this one yours!
Unit Size
1,008 Ft²
Days on Market
-
Land Size
-
Price per sqft
$74
Property Type
House
Property Taxes
$168
HOA Dues
-
Year Built
1966

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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

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 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: 5,670
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK ADDT HARVEY RESUBD
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: L35-L36 XN5FT B8 PARK ADDT TO HARVE Y RESUBD W1/2 NW1/4 S20 T36N R14E

Neighborhood

  • School District Name: Thornton Township High School District 205
  • Census Tract: 827500

Geography

  • District: 37
  • Parcel: 29-20-111-051-0000
  • Block: 8
  • Lot: 35,36
  • Meridian: SEC 20 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5982
  • Longitude: -87.652

    Address

  • Full Address: 16019 Myrtle Ave
  • Address - House Number: 16019
  • Address - Street Name: Myrtle
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Harvey
  • Carrier Code: C002
  • 4-Digit Zip Code: 5029
  • Zip Code: 60426

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $99,442
  • Tax Rate Code Area: 37047

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 96,983
  • High Value: 106,789
  • Low Value: 87,177

    Market Valuation

  • Market Total Value: $64,000
  • Market Land Value: $18,430
  • Market Improvement Value: $45,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,400
  • Assessed Land Value: $1,843
  • Assessed Improvements Value: $4,557

    Sales

  • Current Sale Contract Date: Mar 29, 1994
  • Current Sale Recording Date: May 10, 1994
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 94420333
  • Previous Sale Recording Date: May 10, 1994
  • Previous Sale Contract Date: Mar 30, 1994
  • 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 Harvey

Stats & Trends

Median Asking:

$139,900

Sale Price/ft²

$112

Below Asking

0.04%

Average Days on Market

59

Average Home Size

1268 ft²

Average Home Age

81.2 years

Currently For Sale

65 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 16775 Artesian Avenue, Hazel Crest, IL, 60429

$2,150 /mo

  • 3 Beds
  • 1 Bath
  • 867 ft²
16775 Artesian Avenue, Hazel Crest, IL, 60429 Listing by Ayesha Afaq

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Trevor Nightengale, Basis Real Estate Group
Data Source: MRED, MLS# MRD12326920
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 16019 Myrtle Avenue built and last sold?
The property at 16019 Myrtle Avenue was built in 1966 and last sold on Mar 29, 1994 for $0.
How much is this home worth?
The estimated value of the home located at 16019 Myrtle Avenue is $77,528.
What are some comparable homes to 16019 Myrtle Avenue?
There are currently no comparable homes to 16019 Myrtle Avenue.
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