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Chicago Heights 60411
Undisclosed Address
$196,000
● House - Off Market

Undisclosed Address

Chicago Heights, IL 60411
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,095 Ft²
$1,264
Est. Monthly
11.04%
Cap Rate

About This Property

WELCOME HOME TO THIS 3 BEDROOM BUNGALOW RANCH IN HOMEWOOD FLOSSMOOR SCHOOL DISTRICT! THREE BEDROOMS ON THE MAIN LEVEL AND SPACIOUS BASEMENT AREA HAS EXTRA BATH AND BONUS ROOM THAT COULD BE USED FOR 4TH BEDROOM, OFFICE OR DEN! KITCHEN UPDATED WITH NEW FLOORING, NEW STOVE AND NEW REFRIGERATOR! FRESHLY PAINTED, AND HARDWOOD FLOORING IN LIVING ROOM, HALLWAYS AND BEDROOMS! MAIN BATHROOM HAS SPACIOUS JACUZZI LIKE TUB AND SHOWER WITH AIRY LIGHT FEEL! 2 CAR GARAGE, QUIET NEIGHBORHOOD, BUS SERVICE FOR SCHOOL DISTRICT, CLOSE TO SCHOOLS, SHOPPING, GOLF COURSE AND EXPRESSWAYS! MAKE YOUR APPOINTMENT TODAY!
Unit Size
1,095 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$178
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1963

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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: 2 years ago (MRED MLS #12122730)

Price History

Date / Event Date Event Price
Nov 7, 2024 Sold
Premium
Sold
Aug 11, 2024 In contract -
In contract
Jul 27, 2024 Listed by Precious Estates $195,000
Listed by Precious Estates

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • 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: 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: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,065
  • Gross Building Area: 1,065
  • Building Area: 1,065
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,065
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLYMPIA TERRACE UNIT6
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (OLYMPIA) TERRACE (UNIT6) SUB OF PT SW SW SEC 08-35-14

Neighborhood

  • School District Name: Homewood-Flossmoor Community High School District 233
  • Census Tract: 828801

Geography

  • District: 12
  • Parcel: 32-08-339-005-0000
  • Lot: 272
  • Meridian: SEC 08 TWN 35N RNG 14E
  • Municipality: BLOOM
  • Latitude: 41.5295
  • Longitude: -87.6534

    Address

  • Full Address: 161 Dawn Ln
  • Legal Unit: 6
  • Address - House Number: 161
  • Address - Street Name: Dawn
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Chicago Heights
  • Carrier Code: C031
  • 4-Digit Zip Code: 1003
  • Zip Code: 60411

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $367,398
  • Tax Rate Code Area: 12075

    Appraisal Valuation

  • Standard Deviation: 0.2653
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 179,633
  • High Value: 227,307
  • Low Value: 131,959

    Market Valuation

  • Market Total Value: $118,900
  • Market Land Value: $34,500
  • Market Improvement Value: $84,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,890
  • Assessed Land Value: $3,450
  • Assessed Improvements Value: $8,440

    Sales

  • Current Sale Contract Date: Sep 07, 2004
  • Current Sale Recording Date: Sep 16, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0426001127
  • Previous Sale Recording Date: Mar 31, 1995
  • Previous Sale Contract Date: Mar 30, 1995
  • Previous Sale Amount: $138,000
  • 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 Chicago Heights

Stats & Trends

Median Asking:

$206,000

Sale Price/ft²

$156

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1147 ft²

Average Home Age

67.9 years

Currently For Sale

77 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

Rentals Near You

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MRED

Listed by: Precious Sanders, Precious Estates
Last Updated: 2 years ago
Data Source: MRED, MLS# 12122730
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 161 Dawn Lane built and last sold?
The property at 161 Dawn Lane was built in 1963 and last sold on Sep 7, 2004 for $143,500.
How much is this home worth?
The estimated value of the home located at 161 Dawn Lane is $0.
What are some comparable homes to 161 Dawn Lane?
There are currently no comparable homes to 161 Dawn Lane.
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