For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Markham 60428
16507 Wolcott Avenue
$130,000
● House - Off Market

16507 Wolcott Avenue

Markham, IL 60428
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,050 Ft²
$131,978
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Move in ready three bedroom, 1 bath split level located on corner lot.   Eat in kitchen, finished basement with additional bedroom or office.   Freshly painted.  Detached 2 car garage.  Property is move in ready but being sold as-is.  Buyer to take on code inspection repairs, if any. No Survey
Unit Size
1,050 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$123
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1961

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #11408521)

Price History

Date / Event Date Event Price
Jul 21, 2022 Sold
Premium
Sold
May 18, 2022 Listed by @properties Christie's International Real Estate $129,000
Listed by @properties Christie's International Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 17
  • 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: 7,920
  • Total Building Area: 1,050
  • Gross Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARVEY PARK
  • Land Acres: 0000000182
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34

Neighborhood

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

Geography

  • District: 37
  • Parcel: 29-19-418-055-0000
  • Block: 6
  • Lot: 12-14
  • Meridian: SEC 19 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5897
  • Longitude: -87.6628

    Address

  • Full Address: 16507 Wolcott Ave
  • Address - House Number: 16507
  • Address - Street Name: Wolcott
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Markham
  • Carrier Code: C024
  • 4-Digit Zip Code: 5820
  • Zip Code: 60428

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $431,456
  • Tax Rate Code Area: 37055

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 136,403
  • High Value: 150,194
  • Low Value: 122,612

    Market Valuation

  • Market Total Value: $110,000
  • Market Land Value: $25,740
  • Market Improvement Value: $84,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,000
  • Assessed Land Value: $2,574
  • Assessed Improvements Value: $8,426

    Sales

  • Current Sale Contract Date: Jul 18, 2022
  • Current Sale Recording Date: Aug 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12147
  • Previous Sale Recording Date: Oct 17, 2016
  • Previous Sale Contract Date: Jun 29, 2016
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: 68
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

1354 ft²

Average Home Age

67.4 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 16775 Artesian Avenue, Hazel Crest, IL, 60429

$2,150 /mo

  • 3 Beds
  • 1 Bath
  • 867 ft²
16775 Artesian Avenue, Hazel Crest, IL, 60429 Listing by Ayesha Afaq

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Georgeann Weisman, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11408521
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 16507 Wolcott Avenue built and last sold?
The property at 16507 Wolcott Avenue was built in 1961 and last sold on Jul 18, 2022 for $130,000.
How much is this home worth?
The estimated value of the home located at 16507 Wolcott Avenue is $0.
What are some comparable homes to 16507 Wolcott Avenue?
There are currently no comparable homes to 16507 Wolcott Avenue.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Thornton Homes for Sale
Thornton Houses for Sale
Thornton Condos for Sale
Thornton Townhouses for Sale
Thornton Multifamily for Sale
Thornton Land for Sale
Thornton Commercial for Sale
Thornton Homes with Basements
Nearby Cities
Tinley Park Homes for Sale
Oak Lawn Homes for Sale
Lansing Homes for Sale
Calumet City Homes for Sale
Hammond Homes for Sale
Oak Forest Homes for Sale
Park Forest Homes for Sale
Dolton Homes for Sale
Nearby Property Records
Cook County, IL Property Records
Lake County, IN Property Records
Will County, IL Property Records
Porter County, IN Property Records
DuPage County, IL Property Records
Kankakee County, IL Property Records
LaPorte County, IN Property Records
Kendall County, IL Property Records
Neighborhoods
West Pullman Real Estate
South Chicago Real Estate
Roseland Real Estate
Beverly Real Estate
Mount Greenwood Real Estate
Morgan Park Real Estate
Calumet Heights Real Estate
Brainerd Real Estate
Nearby Counties
Worth Homes for Sale
Bremen Homes for Sale
Rich Homes for Sale
Bloom Homes for Sale
North Homes for Sale
St. John Homes for Sale
Calumet Homes for Sale
Top Real Estate Agents
Top Agents in Thornton
Top Agents in Worth
Top Agents in Bremen
Top Agents in Rich
Top Agents in Bloom
Top Agents in North
Top Agents in Tinley Park
Top Agents in 60453