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Oak Forest 60452
16489 Barton Lane
$260,000
● House - Off Market

16489 Barton Lane

Oak Forest, IL 60452
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,040 Ft²
$234,259
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Offer verbally accepted. Recently Renovated Split Level Ready for it's New Owner!  Beautifully Renovated Kitchen w/ White Shaker Cabinets, Newer Stainless Steel Appliances, LVP Flooring and Gorgeous Countertops! Freshly Painted and Newer Carpet Throughout the Home! Large Living Room off the Kitchen Leading Upstairs to 3 Large Bedrooms and Full Bath or Downstairs to A Welcoming Family Room W/ Fire Place and Additional Half Bath. New Driveway 2023 Going to Detached 2 Car Garage and Private Back Yard! Won't Last Long! Set Your Appointment Today!
Unit Size
1,040 Ft²
Days on Market
-
Land Size
-
Price per sqft
$226
Property Type
House
Property Taxes
$500
HOA Dues
-
Year Built
1967

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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 #11791673)

Price History

Date / Event Date Event Price
Jul 14, 2023 Sold
Premium
Sold
May 25, 2023 Listed by Kennedy Connection Realtors $234,900
Listed by Kennedy Connection Realtors

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • 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: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 6,600
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,040
  • Gross Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIELDCREST SEVENTH
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (FIELDCREST) (SEVENTH) ADD SUB PT LT 2 IN NIETFELDT F ARMS SUB SECS 22 & 27 SEC 22-36-13

Neighborhood

  • School District Name: Prairie-Hills Elementary School District 144
  • Census Tract: 825200

Geography

  • District: 13
  • Parcel: 28-22-418-004-0000
  • Lot: 2
  • Meridian: SEC 22 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5924
  • Longitude: -87.7236

    Address

  • Full Address: 16489 Barton Ln
  • Address - House Number: 16489
  • Address - Street Name: Barton
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C006
  • 4-Digit Zip Code: 4307
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $614,177
  • Tax Rate Code Area: 13070

    Appraisal Valuation

  • Standard Deviation: 0.2467
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 245,527
  • High Value: 306,099
  • Low Value: 184,954

    Market Valuation

  • Market Total Value: $210,000
  • Market Land Value: $29,700
  • Market Improvement Value: $180,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $2,970
  • Assessed Improvements Value: $18,030

    Sales

  • Current Sale Contract Date: Jun 26, 2023
  • Current Sale Recording Date: Jul 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 6179
  • Previous Sale Recording Date: Jun 19, 2018
  • Previous Sale Contract Date: Jun 12, 2018
  • 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 Oak Forest

Stats & Trends

Median Asking:

$319,450

Sale Price/ft²

$200

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1555 ft²

Average Home Age

47 years

Currently For Sale

34 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: Kevin Kennedy, Kennedy Connection Realtors
Last Updated: 3 years ago
Data Source: MRED, MLS# 11791673
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 16489 Barton Lane built and last sold?
The property at 16489 Barton Lane was built in 1967 and last sold on Jun 26, 2023 for $260,000.
How much is this home worth?
The estimated value of the home located at 16489 Barton Lane is $238,898.
What are some comparable homes to 16489 Barton Lane?
There are currently no comparable homes to 16489 Barton Lane.
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