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Markham 60428
16459 Honore Avenue
$250,000
● House - Off Market

16459 Honore Avenue

Markham, IL 60428
bedrooms
6 Beds
bathrooms
2 Baths
square feet
1,100 Ft²
$1,591
Est. Monthly
13.69%
Cap Rate

About This Property

Beautifully Updated and Move-In Ready! Welcome to 16459 Honore Ave, a stunning renovation nestled on a quiet residential block in Markham. This 6-bedroom, 2-bathroom home has been thoughtfully updated with modern finishes and timeless charm. Step inside to an open and bright living space with brand new flooring, fresh paint, and updated lighting throughout.    The kitchen shines with sleek white cabinetry! The bathroom has been fully remodeled with a modern vanity, stylish tile work, and new fixtures. Enjoy spacious bedrooms with ample closet space, a separate laundry area, and a large fenced yard, perfect for entertaining or relaxing.     Close to schools, parks, shopping, and expressways home checks all the boxes for comfort, style, and convenience.    Schedule your showing today- your next home is waiting!
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$218
Property Type
House
Property Taxes
$412
HOA Dues
-
Year Built
1963

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,854
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,100
  • Gross Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CROISSANT PARK MARKHAM SECOND
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (CROISSANT) PARK (MARKHAM)(SECOND) ADD RESUB OF ALL O F BLK 1-3 LOTS 1-13 LOTS 28-29 LOTS 33-39 & 43-47 BLK 4 LOTS 15-34 IN B

Neighborhood

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

Geography

  • District: 37
  • Parcel: 29-19-411-059-0000
  • Block: 1-5
  • Lot: 1-13
  • Meridian: SEC 19 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5901
  • Longitude: -87.6617

    Address

  • Full Address: 16459 Honore Ave
  • Address - House Number: 16459
  • Address - Street Name: Honore
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Markham
  • Carrier Code: C024
  • 4-Digit Zip Code: 5812
  • Zip Code: 60428

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $502,193
  • Tax Rate Code Area: 37055

    Appraisal Valuation

  • Standard Deviation: 0.2714
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 128,180
  • High Value: 162,976
  • Low Value: 93,383

    Market Valuation

  • Market Total Value: $70,000
  • Market Land Value: $25,530
  • Market Improvement Value: $44,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,000
  • Assessed Land Value: $2,553
  • Assessed Improvements Value: $4,447

    Sales

  • Current Sale Contract Date: Nov 14, 2013
  • Current Sale Recording Date: Nov 25, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1332946013
  • Previous Sale Recording Date: Jan 21, 2010
  • Previous Sale Contract Date: Jan 19, 2010
  • Previous Sale Amount: $117,000
  • 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

1298 ft²

Average Home Age

67.1 years

Currently For Sale

51 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

Rentals Near You

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MRED

Listed by: Steve Budzik, ICandy Realty LLC
Data Source: MRED, MLS# MRD12340095
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 16459 Honore Avenue built and last sold?
The property at 16459 Honore Avenue was built in 1963 and last sold on Nov 14, 2013 for $55,000.
How much is this home worth?
The estimated value of the home located at 16459 Honore Avenue is $0.
What are some comparable homes to 16459 Honore Avenue?
There are currently no comparable homes to 16459 Honore Avenue.
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