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Markham 60428
16601 Oxford Drive
$120,000
● House - Off Market

16601 Oxford Drive

Markham, IL 60428
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,055 Ft²
$135,101
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

This could be your new home! Check out this beautifully refreshed ranch style home with three spacious bedrooms, one remodeled bathroom, and plenty of living space! The yard is humongous and perfect for gatherings! With a BRAND NEW ROOF, newer furnace, newer water heater, and plenty of updates made in the last month! If you want a home that's move in ready with all new everything, schedule your tour T O D A Y!
Unit Size
1,055 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$123
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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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 #11458433)

Price History

Date / Event Date Event Price
Sep 29, 2022 Sold
Premium
Sold
Jul 8, 2022 Listed by eXp Realty, LLC $129,900
Listed by eXp Realty, LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,051
  • Gross Building Area: 1,051
  • Building Area: 1,051
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,051
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CANTERBURY GARDENS UNIT3 RESUB OF
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: PART CANTERBURY GARDENS UN #2 W2 E2 SEC24 PART NW4 S24 T36N R13E 3P

Neighborhood

  • School District Name: Prairie-Hills Elementary School District 144
  • Census Tract: 825600

Geography

  • District: 13
  • Parcel: 28-24-422-044-0000
  • Block: 1
  • Lot: 80
  • Meridian: SEC 24 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5881
  • Longitude: -87.6819

    Address

  • Full Address: 16601 Oxford Dr
  • Address - House Number: 16601
  • Address - Street Name: Oxford
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Markham
  • Carrier Code: C026
  • 4-Digit Zip Code: 4760
  • Zip Code: 60428

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $430,491
  • Tax Rate Code Area: 13043

    Appraisal Valuation

  • Standard Deviation: 0.2618
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 62
  • Final Value: 108,867
  • High Value: 137,369
  • Low Value: 80,365

    Market Valuation

  • Market Total Value: $110,000
  • Market Land Value: $20,250
  • Market Improvement Value: $89,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,000
  • Assessed Land Value: $2,025
  • Assessed Improvements Value: $8,975

    Sales

  • Current Sale Contract Date: Sep 29, 2022
  • Current Sale Recording Date: Oct 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28347
  • Previous Sale Recording Date: Nov 18, 2009
  • Previous Sale Contract Date: Oct 14, 2009
  • 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:

$179,900

Sale Price/ft²

$143

Below Asking

0.02%

Average Days on Market

66

Average Home Size

1378 ft²

Average Home Age

67.2 years

Currently For Sale

47 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 16872 Shea Avenue, Hazel Crest, IL, 60429

$2,100 /mo

  • 3 Beds
  • 1 Bath
  • 900 ft²
16872 Shea Avenue, Hazel Crest, IL, 60429 Listing by Lynn Herrington
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: Paris Pinkney, eXp Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11458433
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 16601 Oxford Drive built and last sold?
The property at 16601 Oxford Drive was built in 1959 and last sold on Sep 29, 2022 for $120,000.
How much is this home worth?
The estimated value of the home located at 16601 Oxford Drive is $132,529.
What are some comparable homes to 16601 Oxford Drive?
There are currently no comparable homes to 16601 Oxford Drive.
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