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Harvey 60426
16021 Lowe Avenue
$255,500
● House - Off Market

16021 Lowe Avenue

Harvey, IL 60426
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,490 Ft²
$1,697
Est. Monthly
17.49%
Cap Rate

About This Property

***Location****Location****Location....This beautifully renovated Single-Family Home is located in a stable neighborhood on the border of South Holland! Clear open field behind the house, no neighbors behind you.  This modern brick home features an open layout, sleek hardwood floors, and custom accent walls. The kitchen boasts elegant countertops, contemporary cabinetry, and vessel sinks, while the spa-inspired bathrooms showcase stylish tilework and black fixtures.    Additional highlights include a finished basement with storage, custom built fireplace, office space, laundry hookups, a spacious backyard, and a 1.5-car brick garage.    Move-in ready, schedule your showing today!
Unit Size
2,490 Ft²
Days on Market
-
Land Size
-
Price per sqft
$104
Property Type
House
Property Taxes
$424
HOA Dues
-
Year Built
1959

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • Exterior Walls Type: 24
  • 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: 6,550
  • Total Building Area: 1,245
  • Gross Building Area: 1,245
  • Building Area: 1,245
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,245
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TATJES
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

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

Geography

  • District: 37
  • Parcel: 29-21-119-015-0000
  • Lot: 13
  • Meridian: SEC 21 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5984
  • Longitude: -87.6319

    Address

  • Full Address: 16021 Lowe Ave
  • Address - House Number: 16021
  • Address - Street Name: Lowe
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Harvey
  • Carrier Code: C005
  • 4-Digit Zip Code: 5230
  • Zip Code: 60426

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $453,034
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 37051

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 125,937
  • High Value: 154,693
  • Low Value: 97,180

    Market Valuation

  • Market Total Value: $76,010
  • Market Land Value: $22,930
  • Market Improvement Value: $53,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,601
  • Assessed Land Value: $2,293
  • Assessed Improvements Value: $5,308
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:

$145,000

Sale Price/ft²

$113

Below Asking

0.04%

Average Days on Market

60

Average Home Size

1248 ft²

Average Home Age

81.3 years

Currently For Sale

70 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: Bryant Triplett, RE/MAX 10
Data Source: MRED, MLS# MRD12310993
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 16021 Lowe Avenue built and last sold?
The property at 16021 Lowe Avenue was built in 1959 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 16021 Lowe Avenue is $0.
What are some comparable homes to 16021 Lowe Avenue?
There are currently no comparable homes to 16021 Lowe Avenue.
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