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Markham 60428
16321 Laflin Avenue
$131,000
● House - Off Market

16321 Laflin Avenue

Markham, IL 60428
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,536 Ft²
$137,385
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

PRICED RIGHT TO MAKE THE DEAL! BEAUTIFUL CURB APPEAL ON THIS 3 BED 2 BATH RAISED RANCH, WITH HARDWOOD FLOORING THROUGHOUT THE MAIN LEVEL.  UPDATED BATHS WITH SHOWER INLAY AND WATERFALL SHOWER HEAD.  PENDANT LIGHTS AND BREAKFAST BAR IN THE PASS-THROUGH KITCHEN. HUGE BASEMENT BEDROOM WITH DOUBLE FRENCH DOORS. CAN EASILY BE CONVERTED BACK TO 2 SMALLER BEDROOMS.   LARGE BACK YARD, PERFECT FOR PARTIES, WITH A SHED FOR EXTRA STORAGE.   BRING ALL OFFERS SELLER WILL TAKE A LOOK AT THEM ALL.  TENANT IS CURRENTLY PACKING SO PLEASE LOOK PAST THE ADDITIONAL CLUTTER.  PHOTO'S OF CURRENT STATE AND WHEN THE UNIT IS EMPTY FOR REFERENCE.  REALTORS CHECK OUT THE SPECIAL COMPENSATION PACKAGE. **BROKER HAS INTEREST IN THE PROPERTY**
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$84
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1972

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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.

Last updated: 3 years ago (MRED MLS #11668590)

Price History

Date / Event Date Event Price
Dec 22, 2022 Sold
Premium
Sold
Nov 6, 2022 Listed by Hometown Real Estate Group LLC $129,500
Listed by Hometown Real Estate Group LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 8
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,410
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 768
  • Gross Building Area: 768
  • Building Area: 768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 768
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CROISSANT PARK MARKHAM FIRST
  • Land Acres: 0000000101
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (CROISSANT) PARK (MARKHAM)(FIRST) ADD SUB OF PT ALSO RESUB OF BLKS 2-4 IN LOWER HARVEY SUB OF NH OF NW OF SW OF SEC 20-36-14

Neighborhood

  • School District Name: Hazel Crest School District 152-5
  • Census Tract: 827600

Geography

  • District: 37
  • Parcel: 29-20-302-046-0000
  • Block: 2-4
  • Lot: 28,27
  • Meridian: SEC 20 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.593
  • Longitude: -87.6532

    Address

  • Full Address: 16321 Laflin Ave
  • Address - House Number: 16321
  • Address - Street Name: Laflin
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Markham
  • Carrier Code: C029
  • 4-Digit Zip Code: 5769
  • Zip Code: 60428

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $364,028
  • Tax Rate Code Area: 37055

    Appraisal Valuation

  • Standard Deviation: 0.2714
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 103,627
  • High Value: 131,758
  • Low Value: 75,496

    Market Valuation

  • Market Total Value: $117,000
  • Market Land Value: $14,330
  • Market Improvement Value: $102,670

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,700
  • Assessed Land Value: $1,433
  • Assessed Improvements Value: $10,267

    Sales

  • Current Sale Contract Date: Dec 13, 2022
  • Current Sale Recording Date: Jan 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 41207
  • Previous Sale Recording Date: Mar 10, 2016
  • Previous Sale Contract Date: Feb 23, 2016
  • Previous Sale Amount: $23,000
  • 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:

$179,450

Sale Price/ft²

$143

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1297 ft²

Average Home Age

67.1 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

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MRED

Listed by: Brad Bender, Hometown Real Estate Group LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11668590
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 16321 Laflin Avenue built and last sold?
The property at 16321 Laflin Avenue was built in 1972 and last sold on Dec 13, 2022 for $131,000.
How much is this home worth?
The estimated value of the home located at 16321 Laflin Avenue is $0.
What are some comparable homes to 16321 Laflin Avenue?
There are currently no comparable homes to 16321 Laflin Avenue.
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