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Markham 60428
16536 Wolcott Avenue
$186,000
● House - Off Market

16536 Wolcott Avenue

Markham, IL 60428
bedrooms
3 Beds
bathrooms
1 Bath
square feet
994 Ft²
$1,266
Est. Monthly
11.22%
Cap Rate

About This Property

Prepare to be amazed by this newly remodeled, must have 3 bed/1 bath, 2-car garage home! The spacious layout boasts abundant natural light, new flooring and a chic electric fireplace.  Enjoy cooking in the gorgeous new kitchen featuring stainless steel appliances, a butcher block countertop, marble backsplash, and all-plywood cabinetry. Pantry storage and a new washer/dryer combo can be found off the kitchen. Three spacious bedrooms lead to a beautiful bathroom adorned with stylish tile, gold accents, and an LED mirror. Outside enjoy BBQs on the extra large brick paver patio. This and a new roof are just a few of the added extras on this property. The quiet neighborhood offers easy access to shopping and schools. Don't miss this amazing opportunity; schedule your viewing today!
Unit Size
994 Ft²
Days on Market
-
Land Size
-
Price per sqft
$191
Property Type
House
Property Taxes
$335
HOA Dues
-
Year Built
1961

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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

Garage
Air Conditioning
Fireplace

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: 28
  • 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: 7
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,940
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 250
  • Total Building Area: 972
  • Gross Building Area: 972
  • Building Area: 972
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 972
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CROISSANT PARK MARKHAM
  • Land Acres: 0000000136
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (CROISSANT) PARK (MARKHAM) SUB OF LOT 2 EX N 15.61FT ALSO ALL LOTS 3-6 IN LAUS SUB OF PT ALSO PT OF SW OF SW OF SEC 20 LYING

Neighborhood

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

Geography

  • District: 37
  • Parcel: 29-19-417-051-0000
  • Block: 3
  • Lot: 2-6
  • Meridian: SEC 19 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5889
  • Longitude: -87.6634

    Address

  • Full Address: 16536 Wolcott Ave
  • Address - House Number: 16536
  • Address - Street Name: Wolcott
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Markham
  • Carrier Code: C024
  • 4-Digit Zip Code: 5821
  • Zip Code: 60428

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $402,526
  • Tax Rate Code Area: 37055

    Appraisal Valuation

  • Standard Deviation: 0.2714
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 95,064
  • High Value: 120,870
  • Low Value: 69,257

    Market Valuation

  • Market Total Value: $57,010
  • Market Land Value: $19,310
  • Market Improvement Value: $37,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,701
  • Assessed Land Value: $1,931
  • Assessed Improvements Value: $3,770

    Sales

  • Current Sale Contract Date: Jun 06, 2018
  • Current Sale Recording Date: Jun 13, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1816429212
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:

$179,000

Sale Price/ft²

$143

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1296 ft²

Average Home Age

67 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 16919 Wood Street, Hazel Crest, IL, 60429

$2,350 /mo

  • 3 Beds
  • 1 Bath
16919 Wood Street, Hazel Crest, IL, 60429 Listing by Gwendolene Newton
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: Shlomo Arel, Kale Realty
Data Source: MRED, MLS# MRD12403071
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 16536 Wolcott Avenue built and last sold?
The property at 16536 Wolcott Avenue was built in 1961 and last sold on Jun 6, 2018 for $41,000.
How much is this home worth?
The estimated value of the home located at 16536 Wolcott Avenue is $189,140.
What are some comparable homes to 16536 Wolcott Avenue?
There are currently no comparable homes to 16536 Wolcott Avenue.
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