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Markham 60428
16117 Wolcott Avenue
$180,000
● House - Off Market

16117 Wolcott Avenue

Markham, IL 60428
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,800 Ft²
$1,140
Est. Monthly
15.93%
Cap Rate

About This Property

Welcome to this beautifully remodeled 4-bedroom, 1-bathroom home with detached 2-car garage. The bright and spacious rooms feature separate living and dining areas, complimented by new flooring and newer windows. Both the kitchen and bathroom have been tastefully updated. You'll love entertaining and hosting cookouts in the fenced-in backyard. This property is sure to go quickly so schedule your showing today!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$97
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1954

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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

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,580
  • Total Building Area: 884
  • Gross Building Area: 884
  • Building Area: 884
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 884
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CROISSANT PARK MARKHAM 3RD ADD
  • Land Acres: 0000000128
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02

Neighborhood

  • School District Name: Thornton Township High School District 205
  • Census Tract: 827600

Geography

  • District: 37
  • Parcel: 29-19-215-031-0000
  • Block: 3
  • Lot: 2,3
  • Meridian: SEC 19 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5967
  • Longitude: -87.6628

    Address

  • Full Address: 16117 Wolcott Ave
  • Address - House Number: 16117
  • Address - Street Name: Wolcott
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Markham
  • Carrier Code: C024
  • 4-Digit Zip Code: 4943
  • Zip Code: 60428

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $339,972
  • Tax Rate Code Area: 37054

    Appraisal Valuation

  • Standard Deviation: 0.234
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 93,197
  • High Value: 115,006
  • Low Value: 71,387

    Market Valuation

  • Market Total Value: $55,010
  • Market Land Value: $18,140
  • Market Improvement Value: $36,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,501
  • Assessed Land Value: $1,814
  • Assessed Improvements Value: $3,687

    Sales

  • Current Sale Contract Date: Oct 24, 2019
  • Current Sale Recording Date: Dec 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1934408041
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

1378 ft²

Average Home Age

67.2 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

Unit for rent at 16963 Shea Avenue, Hazel Crest, IL, 60429

$2,830 /mo

  • 4 Beds
  • 1 Bath
  • 1,205 ft²
16963 Shea Avenue, Hazel Crest, IL, 60429 Listing by Jonathan Denny
Unit for rent at 16750 Bulger Avenue, Hazel Crest, IL, 60429

$2,500 /mo

  • 4 Beds
  • 1 Bath
16750 Bulger Avenue, Hazel Crest, IL, 60429 Listing by Lynn Herrington

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Shlomo Arel, Kale Realty
Data Source: MRED, MLS# MRD12330794
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 16117 Wolcott Avenue built and last sold?
The property at 16117 Wolcott Avenue was built in 1954 and last sold on Oct 24, 2019 for $15,000.
How much is this home worth?
The estimated value of the home located at 16117 Wolcott Avenue is $0.
What are some comparable homes to 16117 Wolcott Avenue?
There are currently no comparable homes to 16117 Wolcott Avenue.
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