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Oak Forest 60452
16505 Barton Lane
$165,000
● House - Off Market

16505 Barton Lane

OAK FOREST, IL 60452
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,268 Ft²
$264,346
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Solid 3 bedroom, 2.1 bath split level in great location! Laminate wood floors on main level Throughout. Large kitchen overlooks the spacious lower level family room! Generous room sizes! Master bedroom features private bath! Extra long concrete driveway leads to the oversized 2 car detached garage! Nice sized yard! Quite neighborhood near expressway, Metra, shopping & schools! A great starter home at a great price! This Property is a MUST SEE!
Unit Size
1,268 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$131
Property Type
House
Property Taxes
$436
HOA Dues
-
Year Built
1968

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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 #09665443)

Price History

Date / Event Date Event Price
Sep 21, 2017 Sold
Premium
Sold
Jun 20, 2017 Listed by Exit Strategy Realty $166,000
Listed by Exit Strategy Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • 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
  • 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: 15,015
  • Lot Size Depth Feet: 2,310
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,268
  • Gross Building Area: 1,268
  • Building Area: 1,268
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,268
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIELDCREST SEVENTH
  • Land Acres: 0000000345
  • 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: 28-22-418-006-0000
  • Lot: 2
  • Meridian: SEC 22 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.592
  • Longitude: -87.7235

    Address

  • Full Address: 16505 Barton Ln
  • Address - House Number: 16505
  • Address - Street Name: Barton
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C006
  • 4-Digit Zip Code: 4309
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $682,877
  • Tax Rate Code Area: 13070

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 265,244
  • High Value: 324,821
  • Low Value: 205,667

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $67,570
  • Market Improvement Value: $162,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $6,757
  • Assessed Improvements Value: $16,243

    Sales

  • Current Sale Contract Date: Sep 11, 2017
  • Current Sale Recording Date: Nov 02, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1730641073
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:

$322,450

Sale Price/ft²

$198

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1432 ft²

Average Home Age

47.8 years

Currently For Sale

46 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: , Exit Strategy Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 09665443
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 16505 Barton Lane built and last sold?
The property at 16505 Barton Lane was built in 1968 and last sold on Sep 11, 2017 for $165,000.
How much is this home worth?
The estimated value of the home located at 16505 Barton Lane is $0.
What are some comparable homes to 16505 Barton Lane?
There are currently no comparable homes to 16505 Barton Lane.
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