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Markham 60428
16626 Plainview Drive
$155,000
● House - Off Market

16626 Plainview Drive

Markham, IL 60428
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,931 Ft²
$180,072
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Awesome potential in this spacious 4 bedroom home on a wooded oversized lot! There are so many special features with this property including hardwood floors, family room addition with wood-burning fireplace and beautiful bay window, first floor bedroom and full bath, large private backyard, 1.5-car garage equipped with workspace and storage, driveway for 6 cars, and a 12x24 utility shed with an overhead service door. Major improvements completed from recent to 15 years include: roof, vinyl siding on upstairs addition, most windows, hot water heater, most appliances, garage opener, and backyard stone wall and drain tile system. There's so much to appreciate here! Home is priced for TLC needed. Estate sale "AS-IS".
Unit Size
1,931 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$83
Property Type
House
Property Taxes
$481
HOA Dues
-
Year Built
1936

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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 #11201139)

Price History

Date / Event Date Event Price
Oct 22, 2021 Sold
Premium
Sold
Aug 26, 2021 Listed by @properties $160,000
Listed by @properties

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 63
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,322
  • Total Building Area: 1,931
  • Gross Building Area: 1,931
  • Building Area: 1,931
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,931
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: H W ELMORES KEDZIE AVE RIDG
  • Land Acres: 0000000329
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: NORTHEAST4 SEC23 SE4 S23 T36N R13E 3P

Neighborhood

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

Geography

  • District: 13
  • Parcel: 28-23-425-060-0000
  • Block: 62
  • Lot: 19,20
  • Meridian: SEC 23 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5871
  • Longitude: -87.7013

    Address

  • Full Address: 16626 Plainview Dr
  • Address - House Number: 16626
  • Address - Street Name: Plainview
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Markham
  • Carrier Code: C017
  • 4-Digit Zip Code: 5345
  • Zip Code: 60428

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $583,849
  • Tax Rate Code Area: 13043

    Appraisal Valuation

  • Standard Deviation: 0.2369
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 179,548
  • High Value: 222,097
  • Low Value: 137,000

    Market Valuation

  • Market Total Value: $170,010
  • Market Land Value: $32,230
  • Market Improvement Value: $137,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,001
  • Assessed Land Value: $3,223
  • Assessed Improvements Value: $13,778

    Sales

  • Current Sale Contract Date: Oct 06, 2021
  • Current Sale Recording Date: Nov 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 2130812182

    Financing

  • First Mortgage Financing Type: FIX
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:

$177,000

Sale Price/ft²

$143

Below Asking

0.02%

Average Days on Market

66

Average Home Size

1399 ft²

Average Home Age

66.1 years

Currently For Sale

54 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: Marcy Tobin, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11201139
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 16626 Plainview Drive built and last sold?
The property at 16626 Plainview Drive was built in 1936 and last sold on Oct 6, 2021 for $155,000.
How much is this home worth?
The estimated value of the home located at 16626 Plainview Drive is $0.
What are some comparable homes to 16626 Plainview Drive?
There are currently no comparable homes to 16626 Plainview Drive.
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