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Markham 60428
16328 Trumbull Avenue
$155,000
● House - Off Market

16328 Trumbull Avenue

Markham, IL 60428
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,217 Ft²
$1,014
Est. Monthly
22.70%
Cap Rate

About This Property

Welcome to Chicago's South Suburban neighborhood of Markham! This beautiful ranch style home was tastefully renovated and is in turnkey condition! This home features 4 bedrooms, 1 full bathroom and a sizable den area that provides additional finished living space! Notable features include new paint, new flooring throughout, an updated kitchen with stainless steel appliances, separate dining room, washer and dryer, central air, a sizable front patio, and an oversized fence enclosed back yard! This home is located in a convenient location with most errands such as gas, groceries, and pharmacies being within a 1-mile radius and outdoor attractions and neighborhood eats just a short distance away. Priced to sell so please act swiftly!
Unit Size
1,217 Ft²
Days on Market
-
Land Size
-
Price per sqft
$122
Property Type
House
Property Taxes
$282
HOA Dues
-
Year Built
1954

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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 #11924523)

Price History

Date / Event Date Event Price
Mar 19, 2024 Sold
Premium
Sold
Nov 6, 2023 Listed by Straight-A Realty, LLC $149,000
Listed by Straight-A Realty, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • 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: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,980
  • Total Building Area: 1,260
  • Gross Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,260
  • 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: 0000000183
  • 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: 28-23-402-039-0000
  • Block: 38,38
  • Lot: 8,9
  • Meridian: SEC 23 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5925
  • Longitude: -87.7008

    Address

  • Full Address: 16328 Trumbull Ave
  • Address - House Number: 16328
  • Address - Street Name: Trumbull
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Markham
  • Carrier Code: C017
  • 4-Digit Zip Code: 5443
  • Zip Code: 60428

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $634,018
  • Tax Rate Code Area: 13043

    Appraisal Valuation

  • Standard Deviation: 0.1024
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 90
  • Final Value: 143,432
  • High Value: 158,134
  • Low Value: 128,731

    Market Valuation

  • Market Total Value: $120,010
  • Market Land Value: $17,960
  • Market Improvement Value: $102,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,001
  • Assessed Land Value: $1,796
  • Assessed Improvements Value: $10,205

    Sales

  • Current Sale Contract Date: Feb 20, 2024
  • Current Sale Recording Date: Mar 25, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 24473
  • Previous Sale Recording Date: Dec 18, 2019
  • Previous Sale Contract Date: Dec 06, 2019
  • Previous Sale Amount: $123,000
  • 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:

$175,000

Sale Price/ft²

$143

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1366 ft²

Average Home Age

67.3 years

Currently For Sale

48 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 15711 Whipple Avenue, Markham, IL, 60428

$3,025 /mo

  • 4 Beds
  • 1 Bath
  • 1,000 ft²
15711 Whipple Avenue, Markham, IL, 60428 Listing by Jonathan Denny

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Applegate, Straight-A Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11924523
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 16328 Trumbull Avenue built and last sold?
The property at 16328 Trumbull Avenue was built in 1954 and last sold on Feb 20, 2024 for $155,000.
How much is this home worth?
The estimated value of the home located at 16328 Trumbull Avenue is $0.
What are some comparable homes to 16328 Trumbull Avenue?
There are currently no comparable homes to 16328 Trumbull Avenue.
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