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Markham 60428
16518 WOOD Street
$33,000
● House - Off Market

16518 WOOD Street

Markham, IL 60428
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$129,832
RealtyHop Estimate
106.08%
Since Jul 1, 2009
National-US
Primary Model

About This Property

HUD FORECLOSURE SALE! CASE#137315805 SOLD"AS IS". INSURED STATUS:IN. HUD ELEC AUCTION. USE HUD KEY. DISCLSR INCLD LBP, PROP COND REPORT, BIDDING & PROCEDURES SEE SHOWING INSTR. . L/D 2.27.09
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$389
HOA Dues
-
Year Built
1964

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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.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • 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: 150
  • 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: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,050
  • Gross Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

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

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARVEY PARK
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (HARVEY)(PARK) SUB OF LOT 1 & N 15.61FT OF LOT 2 IN L AUS SUB OF PT SH SE SEC 19-36-14

Neighborhood

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

Geography

  • District: 37
  • Parcel: 29-19-419-060-0000
  • Block: 5
  • Lot: 1,2
  • Meridian: SEC 19 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5894
  • Longitude: -87.6611

    Address

  • Full Address: 16518 Wood St
  • Address - House Number: 16518
  • Address - Street Name: Wood
  • Address - Suffix Type: St
  • State: IL
  • City Name: Markham
  • Carrier Code: C024
  • 4-Digit Zip Code: 5827
  • Zip Code: 60428

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $421,953
  • Tax Rate Code Area: 37055

    Appraisal Valuation

  • Standard Deviation: 0.2714
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 122,415
  • High Value: 155,647
  • Low Value: 89,184

    Market Valuation

  • Market Total Value: $81,000
  • Market Land Value: $21,450
  • Market Improvement Value: $59,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,100
  • Assessed Land Value: $2,145
  • Assessed Improvements Value: $5,955

    Sales

  • Current Sale Contract Date: Jun 07, 2023
  • Current Sale Recording Date: Jun 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28015
  • Previous Sale Recording Date: Dec 05, 2007
  • Previous Sale Contract Date: Jun 18, 2007
  • Previous Sale Document Type: 42
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

65

Average Home Size

1324 ft²

Average Home Age

67.1 years

Currently For Sale

50 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 16963 Shea Avenue, Hazel Crest, IL, 60429

$2,830 /mo

  • 4 Beds
  • 1 Bath
  • 1,205 ft²
16963 Shea Avenue, Hazel Crest, IL, 60429 Listing by Jonathan Denny
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: Arthur Cirignani, Chicago Realty Partners, Ltd
Data Source: MRED, MLS# MRD06795584
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 16518 Wood Street built and last sold?
The property at 16518 Wood Street was built in 1964 and last sold on Jun 7, 2023 for $171,000.
How much is this home worth?
The estimated value of the home located at 16518 Wood Street is $175,865.
What are some comparable homes to 16518 Wood Street?
There are currently no comparable homes to 16518 Wood Street.
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