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Oak Forest 60452
17318 Arrowhead TRCE
$310,000
● House - Off Market

17318 Arrowhead TRCE

Oak Forest, IL 60452
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,300 Ft²
$304,310
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$126
Property Type
House
Property Taxes
$777
HOA Dues
-
Year Built
2001

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,836
  • Total Building Area: 1,527
  • Gross Building Area: 1,527
  • Building Area: 1,527
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,527
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN BOUNDARY
  • Land Acres: 0000000203
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34

Neighborhood

  • School District Name: Arbor Park School District 145
  • Census Tract: 825302

Geography

  • District: 13
  • Parcel: 28-28-414-007-0000
  • Lot: 7
  • Meridian: SEC 28 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5761
  • Longitude: -87.7449

    Address

  • Full Address: 17318 Arrowhead Trce
  • Address - House Number: 17318
  • Address - Street Name: Arrowhead
  • Address - Suffix Type: Trce
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C016
  • 4-Digit Zip Code: 4534
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $969,109
  • Tax Rate Code Area: 13056

    Appraisal Valuation

  • Standard Deviation: 0.2321
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 337,481
  • High Value: 415,826
  • Low Value: 259,136

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $57,430
  • Market Improvement Value: $262,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $5,743
  • Assessed Improvements Value: $26,257

    Sales

  • Current Sale Contract Date: Feb 10, 2022
  • Current Sale Recording Date: Feb 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2204639001
  • Previous Sale Recording Date: Feb 26, 2002
  • Previous Sale Contract Date: Feb 05, 2002
  • Previous Sale Amount: $59,000
  • 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 Oak Forest

Stats & Trends

Median Asking:

$319,450

Sale Price/ft²

$200

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1555 ft²

Average Home Age

47 years

Currently For Sale

34 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: Mark Wright, Baird & Warner
Data Source: MRED, MLS# MRD11223025
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 17318 Arrowhead Trace built and last sold?
The property at 17318 Arrowhead Trace was built in 2001 and last sold on Feb 10, 2022 for $310,000.
How much is this home worth?
The estimated value of the home located at 17318 Arrowhead Trace is $0.
What are some comparable homes to 17318 Arrowhead Trace?
There are currently no comparable homes to 17318 Arrowhead Trace.
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