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Hazel Crest 60429
16792 Artesian Avenue
$142,500
● House - Off Market

16792 Artesian Avenue

Hazel Crest, IL 60429
bedrooms
2 Beds
bathrooms
1 Bath
square feet
900 Ft²
$154,129
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Complete rehab with new electrical, plumbing, and central air. Originally a 3 bedroom and redesigned with an open floor plan to include a separate dining room, may be converted back to the 3rd bedroom. Open to entertain with custom stained poured concrete floors throughout living space, engineered wood floors in the bedrooms, and ceramic and stone bath. Kitchen is complete with quartz countertops, island and SS appliances. Large fenced backyard with a concrete patio backing up to a park view, with a storage shed and 2 car side driveway for extra parking.
Unit Size
900 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$155
Property Type
House
Property Taxes
$310
HOA Dues
-
Year Built
1955

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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 #11224475)

Price History

Date / Event Date Event Price
Dec 15, 2021 Sold
Premium
Sold
Sep 20, 2021 Listed by Compass $139,900
Listed by Compass

Property Highlights

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 6,000
  • Total Building Area: 867
  • Gross Building Area: 867
  • Building Area: 867
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 867
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COOPERS HAZELCREST MANOR
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (COOPERS)(HAZELCREST)(MANOR) SUB OF E 443 FT OF NE NE LYING S OF IBL NE NE SEC 25-36-13

Neighborhood

  • School District Name: Hazel Crest School District 152-5
  • Census Tract: 825503

Geography

  • District: 13
  • Parcel: 28-25-209-009-0000
  • Block: 2
  • Lot: 9
  • Meridian: SEC 25 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5844
  • Longitude: -87.6765

    Address

  • Full Address: 16792 Artesian Ave
  • Address - House Number: 16792
  • Address - Street Name: Artesian
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Hazel Crest
  • Carrier Code: C001
  • 4-Digit Zip Code: 1233
  • Zip Code: 60429

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $403,240
  • Tax Rate Code Area: 13049

    Appraisal Valuation

  • Standard Deviation: 0.2643
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 125,329
  • High Value: 158,463
  • Low Value: 92,196

    Market Valuation

  • Market Total Value: $100,000
  • Market Land Value: $13,500
  • Market Improvement Value: $86,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,000
  • Assessed Land Value: $1,350
  • Assessed Improvements Value: $8,650

    Sales

  • Current Sale Contract Date: Dec 08, 2021
  • Current Sale Recording Date: Dec 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2135639079
  • Previous Sale Recording Date: Jan 26, 2021
  • Previous Sale Contract Date: Dec 21, 2020
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: 71

    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 Hazel Crest

Stats & Trends

Median Asking:

$190,000

Sale Price/ft²

$138

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1366 ft²

Average Home Age

66.5 years

Currently For Sale

57 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: Myra Nimchaiyong, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11224475
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 16792 Artesian Avenue built and last sold?
The property at 16792 Artesian Avenue was built in 1955 and last sold on Dec 8, 2021 for $142,500.
How much is this home worth?
The estimated value of the home located at 16792 Artesian Avenue is $0.
What are some comparable homes to 16792 Artesian Avenue?
There are currently no comparable homes to 16792 Artesian Avenue.
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