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Markham 60428
16230 Turner Avenue
$200,000
● House - Off Market

16230 Turner Avenue

Markham, IL 60428
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,563 Ft²
$1,657
Est. Monthly
10.36%
Cap Rate

About This Property

Welcome to this beautifully maintained 3-bedroom, 1-bath brick ranch located in the heart of Markham. Featuring an updated kitchen with sleek cabinets and stainless steel appliances, fresh paint throughout, and newer flooring, this home is move-in ready! Enjoy a spacious fenced-in backyard, perfect for entertaining or relaxing outdoors. Additional features include a detached 2-car garage and a newer roof for peace of mind. Conveniently located near parks, schools, shopping, and easy highway access. A great opportunity for first-time buyers or investors alike
Unit Size
1,563 Ft²
Days on Market
-
Land Size
-
Price per sqft
$128
Property Type
House
Property Taxes
$674
HOA Dues
-
Year Built
1938

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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: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,320
  • Total Building Area: 1,563
  • Gross Building Area: 1,563
  • Building Area: 1,563
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,563
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELMORES KEDZIE AVE RIDGE
  • Land Acres: 0000000122
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • 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: 28-23-228-023-0000
  • Block: 29
  • Lot: 9
  • Meridian: SEC 23 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5943
  • Longitude: -87.6984

    Address

  • Full Address: 16230 Turner Ave
  • Address - House Number: 16230
  • Address - Street Name: Turner
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Markham
  • Carrier Code: C017
  • 4-Digit Zip Code: 5445
  • Zip Code: 60428

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $202,130
  • Tax Rate Code Area: 13043

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 107,103
  • High Value: 131,559
  • Low Value: 82,647

    Market Valuation

  • Market Total Value: $46,790
  • Market Land Value: $11,970
  • Market Improvement Value: $34,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,679
  • Assessed Land Value: $1,197
  • Assessed Improvements Value: $3,482

    Sales

  • Current Sale Contract Date: Oct 21, 2016
  • Current Sale Recording Date: Oct 27, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1630150058
  • Previous Sale Recording Date: Sep 20, 2016
  • Previous Sale Contract Date: Sep 13, 2016
  • Previous Sale Amount: $9,500
  • Previous Sale Document Type: 64
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 3608 Laurel Lane, Hazel Crest, IL, 60429

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,420 ft²
3608 Laurel Lane, Hazel Crest, IL, 60429 Listing by Kaeva Powell
Unit for rent at 17700 Grandview Drive, Hazel Crest, IL, 60429

$2,495 /mo

  • 3 Beds
  • 1 Bath
  • 1,494 ft²
17700 Grandview Drive, Hazel Crest, IL, 60429 Listing by Alejandra Neri

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jaime Birks, eXp Realty
Data Source: MRED, MLS# MRD12437016
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 16230 Turner Avenue built and last sold?
The property at 16230 Turner Avenue was built in 1938 and last sold on Oct 21, 2016 for $30,000.
How much is this home worth?
The estimated value of the home located at 16230 Turner Avenue is $0.
What are some comparable homes to 16230 Turner Avenue?
There are currently no comparable homes to 16230 Turner Avenue.
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