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Markham 60428
16120 Wood Street
$170,000
● House - Off Market

16120 Wood Street

Markham, IL 60428
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,018 Ft²
$1,189
Est. Monthly
9.99%
Cap Rate

About This Property

WOW!! Welcome to your dream home! This stunning 3-bedroom, 1-bathroom gem, in the heart of Markham, has been FULLY remodeled to perfection. This home has a brand-new 2.5-car garage with a driveway and offers the luxurious lifestyle you've been waiting for!    Step inside to discover an open and inviting floor plan designed to make everyday living comfortable and enjoyable. The home's interior has been thoughtfully updated with modern finishes to create a warm and welcoming atmosphere.    The 3 bedrooms are spacious and offer plenty of natural lighting. The fully remodeled bathroom is a masterpiece that has a whirlpool tub for you to enjoy and rest after a long day! SCHEDULE YOUR SHOWING & MAKE THIS HOME YOURS TODAY, IT WON'T LAST!
Unit Size
1,018 Ft²
Days on Market
-
Land Size
-
Price per sqft
$176
Property Type
House
Property Taxes
$309
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 #11913730)

Price History

Date / Event Date Event Price
Jan 26, 2024 Sold
Premium
Sold
Oct 20, 2023 Listed by Infiniti Properties, Inc. $179,000
Listed by Infiniti Properties, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 3
  • 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: 5,400
  • Total Building Area: 1,018
  • Gross Building Area: 1,018
  • Building Area: 1,018
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,018
  • 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: 0000000124
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • 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: 827600

Geography

  • District: 37
  • Parcel: 29-19-216-045-0000
  • Block: 4
  • Lot: 33,32
  • Meridian: SEC 19 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5965
  • Longitude: -87.6611

    Address

  • Full Address: 16120 Wood St
  • Address - House Number: 16120
  • Address - Street Name: Wood
  • Address - Suffix Type: St
  • State: IL
  • City Name: Markham
  • Carrier Code: C024
  • 4-Digit Zip Code: 4946
  • Zip Code: 60428

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $386,534
  • Tax Rate Code Area: 37054

    Appraisal Valuation

  • Standard Deviation: 0.234
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 106,860
  • High Value: 131,868
  • Low Value: 81,853

    Market Valuation

  • Market Total Value: $63,000
  • Market Land Value: $17,550
  • Market Improvement Value: $45,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,300
  • Assessed Land Value: $1,755
  • Assessed Improvements Value: $4,545

    Sales

  • Current Sale Contract Date: Jan 02, 2024
  • Current Sale Recording Date: Feb 01, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 34044
  • Previous Sale Recording Date: Apr 29, 2022
  • Previous Sale Contract Date: Mar 31, 2022
  • Previous Sale Amount: $26,000
  • 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:

$179,900

Sale Price/ft²

$143

Below Asking

0.02%

Average Days on Market

66

Average Home Size

1272 ft²

Average Home Age

65.8 years

Currently For Sale

53 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 16048 Halsted Street, Harvey, IL, 60426

$1,625 /mo

  • 3 Beds
  • 1 Bath
  • 1,091 ft²
16048 Halsted Street #2, Harvey, IL, 60426 Listing by Jacqueline Zepeda

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Efren Ortiz, Infiniti Properties, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11913730
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 16120 Wood Street built and last sold?
The property at 16120 Wood Street was built in 1955 and last sold on Jan 2, 2024 for $170,000.
How much is this home worth?
The estimated value of the home located at 16120 Wood Street is $179,248.
What are some comparable homes to 16120 Wood Street?
There are currently no comparable homes to 16120 Wood Street.
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