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Markham 60428
16225 Marshfield Avenue
$84,000
● House - Off Market

16225 Marshfield Avenue

Markham, IL 60428
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,053 Ft²
$747
Est. Monthly
25.02%
Cap Rate

About This Property

Solid Brick Ranch. 3 Bed, 1 Bath, 2 Car Gar. Convenient location off Wood St with easy access to expressway and 159th. Side drive and nice sized yard. Low Taxes. Property is being sold As-Is. This property can be included in a package deal with 3 houses in Calumet City that are on the same street, 782, 786, and 818 Campbell. Explore the possibilities! Highest and Best offers due 3/19 @ 5pm.
Unit Size
1,053 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$81
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1958

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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

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 5,580
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,053
  • Gross Building Area: 1,053
  • Building Area: 1,053
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,053
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARKHAM 03 ADD/CROISSANT PARK
  • Land Acres: 0000000128
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

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

Geography

  • District: 37
  • Parcel: 29-19-228-045-0000
  • Block: 9
  • Lot: 8,7
  • Meridian: SEC 19 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5947
  • Longitude: -87.6568

    Address

  • Full Address: 16225 Marshfield Ave
  • Address - House Number: 16225
  • Address - Street Name: Marshfield
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Markham
  • Carrier Code: C029
  • 4-Digit Zip Code: 5746
  • Zip Code: 60428

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $410,520
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 37054

    Appraisal Valuation

  • Standard Deviation: 0.2714
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 128,876
  • High Value: 163,861
  • Low Value: 93,890

    Market Valuation

  • Market Total Value: $64,010
  • Market Land Value: $18,140
  • Market Improvement Value: $45,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,401
  • Assessed Land Value: $1,814
  • Assessed Improvements Value: $4,587

    Sales

  • Current Sale Contract Date: Feb 25, 2011
  • Current Sale Recording Date: Mar 21, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1108046024
  • Previous Sale Recording Date: Dec 29, 2010
  • Previous Sale Contract Date: Jul 20, 2010
  • Previous Sale Document Type: 42
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

1498 ft²

Average Home Age

65.5 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 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: Mark Groble, Team GT PLLC
Data Source: MRED, MLS# MRD12310859
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 16225 Marshfield Avenue built and last sold?
The property at 16225 Marshfield Avenue was built in 1958 and last sold on Feb 25, 2011 for $35,000.
How much is this home worth?
The estimated value of the home located at 16225 Marshfield Avenue is $0.
What are some comparable homes to 16225 Marshfield Avenue?
There are currently no comparable homes to 16225 Marshfield Avenue.
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