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Harvey 60426
189 W 156th Place
$37,000
● House - Off Market

189 W 156th Place

Harvey, IL 60426
bedrooms
3 Beds
bathrooms
1 Bath
square feet
900 Ft²
$522
Est. Monthly
71.07%
Cap Rate

About This Property

Affordable opportunity - bring your ideas! Welcome to this 3-bedroom, 1-bath home is being sold as-is and offers great potential with sweat equity. Located on a quiet block near schools, parks, and public transportation. Sold As Is, property will not be trashed out. Seller does not provide survey. *Property not for rent - beware of rental scams.*
Unit Size
900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$44
Property Type
House
Property Taxes
$325
HOA Dues
-
Year Built
1961

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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

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 6,700
  • Total Building Area: 900
  • Gross Building Area: 900
  • Building Area: 900
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 900
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BARTLETTS SUB
  • Land Acres: 0000000154
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: FREDERICK H (BARTLETTS) SUB OF LOTS 2-4 IN SUB OF THA T PT E OF VINCENNES RD OF SH OF NW & NH OF SW EX N 10ACS WH SEC 18-36-1

Neighborhood

  • School District Name: Thornton Township High School District 205
  • Census Tract: 827400

Geography

  • District: 37
  • Parcel: 29-18-307-022-0000
  • Lot: 2-4
  • Meridian: SEC 18 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.6056
  • Longitude: -87.6671

    Address

  • Full Address: 189 W 156th Pl
  • Address - House Number: 189
  • Street Direction: W
  • Address - Street Name: 156th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Harvey
  • Carrier Code: C027
  • 4-Digit Zip Code: 3419
  • Zip Code: 60426

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $377,528
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 37046

    Appraisal Valuation

  • Standard Deviation: 0.189
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 88,164
  • High Value: 104,829
  • Low Value: 71,499

    Market Valuation

  • Market Total Value: $55,010
  • Market Land Value: $18,430
  • Market Improvement Value: $36,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,501
  • Assessed Land Value: $1,843
  • Assessed Improvements Value: $3,658

    Sales

  • Current Sale Contract Date: Oct 06, 1993
  • Current Sale Recording Date: Nov 18, 1993
  • Current Sale Document Type: 51
  • Current Sale Input Document Number: 93942131
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 Harvey

Stats & Trends

Median Asking:

$145,000

Sale Price/ft²

$114

Below Asking

0.04%

Average Days on Market

59

Average Home Size

1264 ft²

Average Home Age

81.5 years

Currently For Sale

70 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 16963 Shea Avenue, Hazel Crest, IL, 60429

$2,830 /mo

  • 4 Beds
  • 1 Bath
  • 1,205 ft²
16963 Shea Avenue, Hazel Crest, IL, 60429 Listing by Jonathan Denny
Unit for rent at 16750 Bulger Avenue, Hazel Crest, IL, 60429

$2,500 /mo

  • 4 Beds
  • 1 Bath
16750 Bulger Avenue, Hazel Crest, IL, 60429 Listing by Lynn Herrington

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Anthony Disano, Parkvue Realty Corporation
Data Source: MRED, MLS# MRD12487741
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 189 West 156th Place built and last sold?
The property at 189 West 156th Place was built in 1961 and last sold on Oct 6, 1993 for $0.
How much is this home worth?
The estimated value of the home located at 189 West 156th Place is $43,552.
What are some comparable homes to 189 West 156th Place?
There are currently no comparable homes to 189 West 156th Place.
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