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Markham 60428
16112 Honore Avenue
$159,000
● House - Off Market

16112 Honore Avenue

Markham, IL 60428
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,559 Ft²
$169,272
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Your new home search stops here! Boasting all the charm and modern updates, and sitting on an expansive 3 separate lots, this house will become your perfect new home! Inside, you will find the large living room with a cozy fireplace leads into the dining room, that is open to the updated kitchen with stainless steel oven, microwave, and dishwasher. The real treat is the large primary suite with ample closet storage, and spa-like en-suite you will love. Upstairs, you will find the 2nd updated bathroom and both additional bedrooms are generous in size. The partially finished basement is an added bonus for you to utilize and finish to suit your needs best. Come see all the potential this home has to offer you, today!
Unit Size
1,559 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$103
Property Type
House
Property Taxes
$411
HOA Dues
-
Year Built
1955

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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 #11677718)

Price History

Date / Event Date Event Price
Jan 31, 2023 Sold
Premium
Sold
Nov 23, 2022 Listed by Expert Realty Solutions Inc. $159,900
Listed by Expert Realty Solutions Inc.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,580
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CROISSANT PARK MARKHAM THIRD
  • Land Acres: 0000000128
  • Standard Land Use Code: 1000
  • County Land Use Code: 2-01
  • Legal Description 1: (CROISSANT) PARK (MARKHAM)(THIRD) ADD SUB OF PT EX N 103FT SH NE SEC 19-36-14

Neighborhood

  • School District Name: Thornton Township High School District 205
  • Census Tract: 825600

Geography

  • District: 37
  • Parcel: 29-19-215-015-0000
  • Block: 3
  • Lot: 32,31
  • Meridian: SEC 19 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5967
  • Longitude: -87.6623

    Address

  • Full Address: 16112 Home Ave
  • Address - House Number: 16112
  • Address - Street Name: Home
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Markham
  • Zip Code: 60428

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $134,971
  • Tax Rate Code Area: 37054

    Appraisal Valuation

  • Standard Deviation: 0.2315
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 84,173
  • High Value: 103,662
  • Low Value: 64,684

    Market Valuation

  • Market Total Value: $23,030
  • Market Land Value: $18,140
  • Market Improvement Value: $4,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,303
  • Assessed Land Value: $1,814
  • Assessed Improvements Value: $489

    Sales

  • Current Sale Contract Date: Jan 23, 2023
  • Current Sale Recording Date: Feb 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13103
  • Previous Sale Recording Date: Oct 18, 2012
  • Previous Sale Contract Date: Oct 05, 2012
  • Previous Sale Amount: $85,000
  • 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 Markham

Stats & Trends

Median Asking:

$175,000

Sale Price/ft²

$143

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1337 ft²

Average Home Age

66.6 years

Currently For Sale

47 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: Melissa Dorchak, Expert Realty Solutions Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11677718
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 16112 Honore Avenue built and last sold?
The property at 16112 Honore Avenue was built in 1955 and last sold on Jan 23, 2023 for $159,000.
How much is this home worth?
The estimated value of the home located at 16112 Honore Avenue is $0.
What are some comparable homes to 16112 Honore Avenue?
There are currently no comparable homes to 16112 Honore Avenue.
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