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Flossmoor 60422
1802 Cambridge Avenue
$385,000
● House - Off Market

1802 Cambridge Avenue

Flossmoor, IL 60422
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
5,995 Ft²
$4,617
Est. Monthly
3.93%
Cap Rate

About This Property

Sprawling 2 story with 5 bedrooms, living room with fireplace, large dining room that connects to screened porch with indoor inground swimming pool.  Large master bedroom has full bathroom and walk in closet.  Living room and family room both have fireplaces. There are 2 (1) car attached garages, one on each side of house.  Home is located on over 2 acres.
Unit Size
5,995 Ft²
Days on Market
-
Land Size
-
Price per sqft
$65
Property Type
House
Property Taxes
$2,689
HOA Dues
-
Year Built
1952

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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 #11890862)

Price History

Date / Event Date Event Price
Apr 29, 2024 Sold
Premium
Sold
Sep 21, 2023 Listed by Meeker Real Estate Inc $392,500
Listed by Meeker Real Estate Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 100,188
  • Total Building Area: 5,995
  • Gross Building Area: 5,995
  • Building Area: 5,995
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 5,995
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BARTLETTS GOLF & COUNTRY
  • Land Acres: 0000002300
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-09
  • Legal Description 1: FREDK H (BARTLETTS) (GOLF) & (COUNTRY) CLUB ESTATES S UB OF S2150FT E1/4 SW SEC & E40FT LYING N OF S2150FT OF SD PCL ALSO W67

Neighborhood

  • School District Name: Homewood-Flossmoor Community High School District 233
  • Census Tract: 828801

Geography

  • District: 12
  • Parcel: 32-07-302-018-0000
  • Lot: 10
  • Meridian: SEC 07 TWN 35N RNG 14E
  • Municipality: BLOOM
  • Latitude: 41.5299
  • Longitude: -87.6654

    Address

  • Full Address: 1802 Cambridge Ave
  • Address - House Number: 1802
  • Address - Street Name: Cambridge
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Flossmoor
  • Carrier Code: C008
  • 4-Digit Zip Code: 2132
  • Zip Code: 60422

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,226,958
  • Tax Rate Code Area: 12020

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 371,166
  • High Value: 408,694
  • Low Value: 333,638

    Market Valuation

  • Market Total Value: $713,980
  • Market Land Value: $300,560
  • Market Improvement Value: $413,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,398
  • Assessed Land Value: $30,056
  • Assessed Improvements Value: $41,342
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 Flossmoor

Stats & Trends

Median Asking:

$357,500

Sale Price/ft²

$152

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2246 ft²

Average Home Age

60.8 years

Currently For Sale

30 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

Rentals Near You

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MRED

Listed by: Steve Meeker, Meeker Real Estate Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11890862
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 1802 Cambridge Avenue built and last sold?
The property at 1802 Cambridge Avenue was built in 1952 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1802 Cambridge Avenue is $0.
What are some comparable homes to 1802 Cambridge Avenue?
There are currently no comparable homes to 1802 Cambridge Avenue.
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