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Hazel Crest 60429
17119 Magnolia Drive
$195,000
● House - Off Market

17119 Magnolia Drive

Hazel Crest, IL 60429
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,047 Ft²
$193,447
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

*multiple offers highest and best due wed 8/10 3pm**Back on market! Ready for a quick close. Buyer financing fell thru. Village inspect passed. 4br 2ba raised ranch with eat in kitchen, dining room and family room. 2 car attached garage with large yard and deck. Taxes do not reflect any exemptions. Home has been updated and new roof installed since tenant move out and last listing.  Current pix to be provided soon!
Unit Size
1,047 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$178
Property Type
House
Property Taxes
$506
HOA Dues
-
Year Built
1968

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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 #11431683)

Price History

Date / Event Date Event Price
Sep 9, 2022 Sold
Premium
Sold
Jun 10, 2022 Listed by Keri Hir $186,000
Listed by Keri Hir

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • 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: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,280
  • Total Building Area: 1,047
  • Gross Building Area: 1,047
  • Building Area: 1,047
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,047
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAZELCREST HIGHLANDS FOURTEENTH
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (HAZELCREST) (HIGHLANDS) (FOURTEENTH) ADD SUB OF PT O F NW & SW WH SEC 26-36-13

Neighborhood

  • School District Name: Prairie-Hills Elementary School District 144
  • Census Tract: 825501

Geography

  • District: 13
  • Parcel: 28-26-301-020-0000
  • Lot: 713
  • Meridian: SEC 26 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5776
  • Longitude: -87.7057

    Address

  • Full Address: 17119 Magnolia Dr
  • Address - House Number: 17119
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hazel Crest
  • Carrier Code: C003
  • 4-Digit Zip Code: 1022
  • Zip Code: 60429

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $664,109
  • Tax Rate Code Area: 13050

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 157,774
  • High Value: 173,726
  • Low Value: 141,822

    Market Valuation

  • Market Total Value: $160,000
  • Market Land Value: $26,910
  • Market Improvement Value: $133,090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $2,691
  • Assessed Improvements Value: $13,309

    Sales

  • Current Sale Contract Date: Sep 09, 2022
  • Current Sale Recording Date: Oct 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13213
  • Previous Sale Recording Date: Mar 01, 2017
  • Previous Sale Contract Date: Feb 14, 2017
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: 27
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:

$199,000

Sale Price/ft²

$142

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1360 ft²

Average Home Age

66 years

Currently For Sale

62 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 15711 Whipple Avenue, Markham, IL, 60428

$3,025 /mo

  • 4 Beds
  • 1 Bath
  • 1,000 ft²
15711 Whipple Avenue, Markham, IL, 60428 Listing by Jonathan Denny

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Keri Hir, Keri Hir
Last Updated: 3 years ago
Data Source: MRED, MLS# 11431683
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 17119 Magnolia Drive built and last sold?
The property at 17119 Magnolia Drive was built in 1968 and last sold on Sep 9, 2022 for $195,000.
How much is this home worth?
The estimated value of the home located at 17119 Magnolia Drive is $0.
What are some comparable homes to 17119 Magnolia Drive?
There are currently no comparable homes to 17119 Magnolia Drive.
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