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Markham 60428
16112 Turner Avenue
$209,000
● House - Off Market

16112 Turner Avenue

Markham, IL 60428
bedrooms
3 Beds
bathrooms
1 Bath
$1,401
Est. Monthly
9.94%
Cap Rate

About This Property

Welcome to this Beautifully RENOVATED Ranch. Step inside to discover a bright and airy interior, boasting ample living space and a functional layout that's ideal for both relaxation and entertainment. Updated Spacious Kitchen with New Stainless-Steel Appliances, Quartz Counters and a Moveable Island. Family room is right off the kitchen with a wood burning fireplace & sliding glass door. Updated bath. Refinished Hardwood Floors. New Washer/Dryer, New Windows. Freshly painted throughout. Oversized 2.5 car garage perfect for year round convenience & extra storage with New Garage Door Opener. Step outside to discover a large deck in the backyard, ideal for outdoor gatherings, BBQs, or enjoying the sunny days.  Make this HOME yours Today!
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1961

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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: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,320
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 400
  • Total Building Area: 890
  • Gross Building Area: 890
  • Building Area: 890
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 890
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELMORES KEDZIE AVE RIDGE
  • Land Acres: 0000000122
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: H W (ELMORES)(KEDZIE) AVE (RIDGE) SUB OF NE & SE S OF IBL EH SEC 23-36-13

Neighborhood

  • School District Name: Prairie-Hills Elementary School District 144
  • Census Tract: 825600

Geography

  • District: 13
  • Parcel: 28-23-220-017-0000
  • Block: 20
  • Lot: 3
  • Meridian: SEC 23 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5967
  • Longitude: -87.6985

    Address

  • Full Address: 16112 Turner Ave
  • Address - House Number: 16112
  • Address - Street Name: Turner
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Markham
  • Carrier Code: C030
  • 4-Digit Zip Code: 4542
  • Zip Code: 60428

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $85,981
  • Tax Rate Code Area: 13043

    Appraisal Valuation

  • Standard Deviation: 0.2663
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 92,521
  • High Value: 117,164
  • Low Value: 67,878

    Market Valuation

  • Market Total Value: $35,990
  • Market Land Value: $11,970
  • Market Improvement Value: $24,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,599
  • Assessed Land Value: $1,197
  • Assessed Improvements Value: $2,402

    Sales

  • Current Sale Contract Date: Jan 08, 2015
  • Current Sale Recording Date: Jan 14, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1501446110
  • Previous Sale Recording Date: Oct 24, 2013
  • Previous Sale Contract Date: Sep 20, 2013
  • Previous Sale Amount: $22,500
  • Previous Sale Document Type: 68
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:

$179,900

Sale Price/ft²

$143

Below Asking

0.02%

Average Days on Market

66

Average Home Size

1270 ft²

Average Home Age

65.6 years

Currently For Sale

55 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: Bob Raczka, Illinois Star, Ltd. REALTORS
Data Source: MRED, MLS# MRD12335321
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 Turner Avenue built and last sold?
The property at 16112 Turner Avenue was built in 1961 and last sold on Jan 8, 2015 for $85,000.
How much is this home worth?
The estimated value of the home located at 16112 Turner Avenue is $202,000.
What are some comparable homes to 16112 Turner Avenue?
There are currently no comparable homes to 16112 Turner Avenue.
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