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Hazel Crest 60429
16855 Artesian Avenue
$100,000
● House - Off Market

16855 Artesian Avenue

Hazel Crest, IL 60429
bedrooms
3 Beds
bathrooms
1 Bath
square feet
867 Ft²
$100,271
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Fantastic 3 bedroom ranch on oversized corner lot in excellent location! Features include updated kitchen with raised panel cabinets, ceramic town floor, backsplash and pantry! Three bedrooms all with very deep closets! Primary bedroom includes dressing room! Updated full bath with vinyl floor and raised vanity! Spacious living room with picture window! Oversized 1.5 car detached garage with bonus room at rear! Excellent yard fenced and patio! Partially floored attic for storage! Large laundry room with work sink and service door! Close to shopping, expressways, transportation and more! New tear off roof - November 2022!
Unit Size
867 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$115
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
1955

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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 #11751799)

Price History

Date / Event Date Event Price
May 31, 2023 Sold
Premium
Sold
Apr 4, 2023 Listed by Murphy Real Estate Group $99,500
Listed by Murphy Real Estate Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,033
  • 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: 0000000162
  • 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: 28-25-211-016-0000
  • Block: 4
  • Lot: 19
  • Meridian: SEC 25 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5835
  • Longitude: -87.676

    Address

  • Full Address: 16855 Artesian Ave
  • Address - House Number: 16855
  • Address - Street Name: Artesian
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Hazel Crest
  • Carrier Code: C001
  • 4-Digit Zip Code: 1234
  • Zip Code: 60429

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $419,744
  • Tax Rate Code Area: 13049

    Appraisal Valuation

  • Standard Deviation: 0.2643
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 117,143
  • High Value: 148,112
  • Low Value: 86,173

    Market Valuation

  • Market Total Value: $110,000
  • Market Land Value: $15,820
  • Market Improvement Value: $94,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,000
  • Assessed Land Value: $1,582
  • Assessed Improvements Value: $9,418

    Sales

  • Current Sale Contract Date: May 31, 2023
  • Current Sale Recording Date: Jun 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28076
  • Previous Sale Recording Date: Mar 14, 1995
  • Previous Sale Contract Date: Mar 02, 1995
  • Previous Sale Amount: $33,000
  • Previous Sale Document Type: 71
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

1367 ft²

Average Home Age

66.2 years

Currently For Sale

58 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 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: James Murphy, Murphy Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11751799
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 16855 Artesian Avenue built and last sold?
The property at 16855 Artesian Avenue was built in 1955 and last sold on May 31, 2023 for $100,000.
How much is this home worth?
The estimated value of the home located at 16855 Artesian Avenue is $0.
What are some comparable homes to 16855 Artesian Avenue?
There are currently no comparable homes to 16855 Artesian Avenue.
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